Dipo Famodimu

Jacob DipoFamodimu is a Founding Partner at Fountain Hill LP. His core areas of legal practice include Dispute Resolution, Taxation, and Insolvency.. He is a Notary Public, a Fellow of the Chartered Institute of Taxation of Nigeria (FCTI), and a member of the Business Recovery and Insolvency Practitioners Association of Nigeria (ABR). He holds a Bachelor’s Degree in Law from Obafemi Awolowo University, Ile-Ife, and a Master’s Degree in Law from the University of Ibadan.

Prior to founding Fountain Hill LP, Jacob amassed over 15 years of experience in active legal practice. He held key leadership positions, including Senior Associate and Team Lead of the Dispute Resolution Practice Group at Advocaat Law Practice and Wall & Ace LP. He was also a member of the Taxation Practice Group at Advocaat Law Practice.

A renowned litigator and seasoned practitioner in mediation and arbitration, Jacob represents a diverse clientele before superior courts of record, tribunals, and alternative dispute resolution forums. He has also handled numerous criminal defence cases, including pro bono representations in various courts across Nigeria.

In the area of taxation, Jacob provides advisory and representational services to major players in Nigeria's corporate sector on a wide range of tax-related matters.

He is a prolific legal writer with several published articles to his name, including:

  • “Security Deposit for Prosecuting Tax Litigation in Nigeria: An Impediment to the Taxpayers’ Rights of Access to Court”

  • “Finance Act 2021: Highlights of Key Amendments to Tax Legislations and the Implications”

  • “Value Added Tax and the Telecommunication Industry: Issues and Challenges”

  • “Finance Act 2023: Changes to Nigeria’s Fiscal Outlook and Its Implications”

  • “Cryptocurrency Transactions and Tax Implications in Nigeria”

  • “Understanding Thin Capitalisation and Debt Conversion Programmes in Nigeria’s Tax Jurisdiction”

  • “Withholding Tax in Nigeria: Rates and Its Application”

  • Scheme of Arrangement: A Rescue Device for Ailing Companies under the Companies and Allied Matters Act 2020

Jacob has also delivered lectures and training sessions, including a presentation on “Bank Dispute Resolution” to the legal staff of First City Monument Bank Limited, and “Dispute Resolution Practice and Procedure” to staff members of the Bank of Industry in Lagos. Additionally, he is a Tutor at Top Class Tutors Ltd, an ICAN tuition centre.

Education

  • Obafemi Awolowo University - LL.B

  • Nigerian Law School - BL

  • University of Ibadan- LLM

Membership

  • Fellow of the Chartered Institute of Taxation of Nigeria (FCTI) & Member of CITN Lagos District

  • Notary Public to the Supreme Court of Nigeria and a member of the Notary Public Association of Nigeria

  • Member, Nigerian Bar Association

Practice Areas

  • Commercial Litigation & Alternative Dispute Resolution

  • Taxation

  • Insolvency practice

  • Real Estate

Jacob Dipo Famodimu Esq.

Jacob Dipo Famodimu is a Founding Partner at Fountain Hill LP. His core areas of legal practice include Dispute Resolution, Taxation, and Insolvency.. He is a Notary Public, a Fellow of the Chartered Institute of Taxation of Nigeria (FCTI), and a member of the Business Recovery and Insolvency Practitioners Association of Nigeria (ABR). He holds a Bachelor’s Degree in Law from Obafemi Awolowo University, Ile-Ife, and a Master’s Degree in Law from the University of Ibadan.