Ugochukwu obi

Partner

Ugochukwu obi

Ugochukwuobi@perchstoneandgraeys.com

+234-7026002984

Ugo heads the firm’s Information Communications and Technology (‘ICT’) Practice Group. He has more than a decade of banking experience, having previously worked in-house at senior levels with some of the leading commercial banks in Nigeria.

Ugo possesses a deep understanding of the Nigerian banking sector, the impact of local and international regulations and the convergence of Information Communications Technology with the law; this has served him well in advising clients on international banking and IT best practices.
Ugo has exceptional interest and expertise in global ICT and Telecommunications law; and this has served him well to work as a foreign lawyer (on a Secondment basis) at one of the top ICT law firms in India where he was exposed to IT and Telecoms Law and Practice in India as well as the protection of Software Intellectual Property Rights. Ugo regularly advises clients at the intersection of Fintech, technology and innovation, and banking.

Ugo is an erudite lawyer and is currently a member of (Nigeria’s Securities & Exchange Commission) Fintech Roadmap Implementation Working Group of the Nigerian Capital Market. He is also a member of the Association of Telecommunications Companies of Nigeria.

Transaction Experience
Part of the firm’s team that reviewed and standardized the loan documentation of Tier II commercial banks in Nigeria.
Reviewed the finance loan documents of a Tier II bank for purposes of identifying the various risk areas in the documents as currently drafted.
Facilitated interactive sessions with relevant departments of the banks for the purposes of appreciating its operations and the rationale underlying the structure of some of the clauses in the finance documents.
Led the team that conducted the legal audit of the Security Documentation of tier II commercial bank in Nigeria.
Advised a consortium of investors on the financing and investment options to adopt towards the construction, operations and management of a power plant facility,
Reviewed and drafted contractual documents for an independent power generating Bank including but not limited to Consortium Agreement for pre-qualification for the Engineering, Procurement and Construction (‘EPC’) of power plant, Power and Purchase Agreement (‘PPA’); EPC Agreement, Operations and Maintenance (‘O & M) Agreements; Gas Purchase Agreement as well as Gas Supply Agreements.
Reviewed and drafted complex contractual documents for Financial Technology Companies.