Profile
 

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Babatunde Irukera is a partner with SimmonsCooper Partners and has over 19 years of transactional, commercial litigation and practice management experience. His experience includes over 10 years in the United States engaging in complex commercial litigation and settlements including several jury trials and significant appellate work. At this time, he also successfully managed the transition of a small-sized firm in Chicago to fuse with a large broad-based practice in Simmons Cooper LLC. He has routinely conducted oral arguments before the US Court of Appeals and the Nigerian appellate courts with reported locus classicus that are currently of significant precedential value. Babatunde also deploys excellent pre-litigation and appropriate extrajudicial resolution strategies in resolving business and other disputes. Babatunde was educated at the University of Ife, Nigeria (1989) and admitted to practice in the Supreme Court of Nigeria in 1990. He is also admitted to the Washington State Bar (1996).

 

As managing partner at SimmonsCooper Partners (SCP), Nigeria, Babatunde oversees strategic planning of the continuous process of making firm-wide business/entrepreneurial decisions; long-term planning of practice development, recruitment and training policies and work-product quality control; and firm brand development and marketing strategic planning.  Babatunde also heads the commercial litigation, competition, private equity and power sector teams at SCP. Babatunde's engagements have involved a broad range of commercial and corporate issues including securities litigation, investments and divestments, joint ventures, oil block acquisitions, product liability, fiduciary duties of directors, intellectual property, and cross border litigation including discovery in other jurisdictions. Recently, he notably successfully represented a class of investors in a dispute involving the single largest capital market transaction in Nigeria, in the process establishing the legality of interest devolution to investors. This theory has been adopted by the securities regulator under its regulatory rules. In other matters, Babatunde has represented a multilateral financial institution - in statutory and regulatory appraisal before municipal agencies; and the Federal and some State Governments - in corporate misconduct cases, in a particular case, leading to a settlement in excess of $80 million, the largest settlement yet in Nigeria. He is currently advising the largest real estate-focused private equity fund in Nigeria. He has advised on fund formation, investment & exit strategies, joint ventures, governance and management issues.

 

Babatunde is an active member of both the Nigerian Bar Association and American Bar Association where he currently serves as vice-chair of the Africa committee of the international section. Babatunde also provides capacity-building advisory services to federal agencies and other clients on the introduction and implementation of antitrust legal regime in Nigeria. Babatunde is a pioneer in the area of work-product development focusing on legal writing and advocacy for counsel. In recent engagements, Babatunde has provided strategic planning advice both from political and business risk standpoints for foreign businesses, government agencies and international investors.

 

Babatunde contributes the Nigerian chapters of Electricity Regulation, Merger Control, Private Antitrust Litigation, Dominance and Cartel Regulation for the renowned international publication, the Getting the Deal Through Series.

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