Prince-Alex Iwu

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Prince-Alex Iwu

Partner

Miami Tower at International Place 100 S.E. Second Street, Suite 3400 - Miami, Florida 33131
piwu@diazreus.com
+1 305-375-9220

Biography


Prince-Alex’s practice focuses on international dispute resolution, complex commercial litigation, and the firm’s Africa desk. Prince-Alex has successfully represented multinational clients in high-stakes litigation and arbitration matters. He argued and obtained the first Florida appellate decision approving service of process by email on foreign defendants in the first instance under Florida Statute § 48.197(1)(c). In Wepard Corp., Ltd. v. Diaz, Reus & Targ, LLP, the Third District Court of Appeal held that Florida plaintiffs need not first exhaust Hague Convention service methods or establish due diligence before obtaining court-authorized email service on foreign defendants, provided the service is reasonably calculated to give actual notice and is not prohibited by international agreement. Prince-Alex also successfully briefed the matter before the Florida Supreme Court, arguing that the Third District’s interpretation of § 48.197(1)(c) did not expressly and directly conflict with decisions from other Florida district courts interpreting prior statutes governing foreign service of process.

Before joining Diaz Reus, Prince-Alex practiced at one of Nigeria’s largest international law firms, where he routinely represented Fortune 500 companies and other multinationals in litigation and corporate advisory matters. He also interned at the Permanent Court of Arbitration/International Council for Commercial Arbitration in The Hague, where he assisted with investor-state dispute assessments and contributed to the efforts of the Informal Working Group on International Arbitration at the Hague Conference on Private International Law. As a Research Assistant at the American Law Institute (ALI) and Penn State Law, he worked on the Restatement of the Law: The U.S. Law of International Commercial Arbitration and Investor-State Arbitration, focusing on the preclusive effects of arbitral awards and procedural fairness issues under the supervision of Professor Catherine Rogers.

An active thought leader, Prince-Alex’s scholarly works span image rights in Nigeria, which is cited as seminal on the subject, in the face of limited regulatory guidance. His peer-reviewed article, “International Arbitration: Transnational Debate and Ethics Quagmire,” was listed by the United Nations Commission on International Trade Law (UNCITRAL) in its bibliography of recent writings relevant to its work. He has also co-authored authoritative guides on arbitration in Nigeria for the International Bar Association and Practical Law, and published commentary in the Kluwer Arbitration Blog. A founding Co-Chair of the Lagos Court of Arbitration–Young Arbitrators Network (LCA-YAN), he pioneered the annual LCA-YAN Moot Competition and helped reestablish a Nigerian team at the Vis Moot. He currently serves as a FINRA Arbitrator and a Steering Committee Member of the International Institute for Conflict Prevention & Resolution’s (CPR) New York Africa Arbitration Day.

Accolades


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Areas of Practice


Litigation, Arbitration
White Collar Crime
Africa Desk
Business & Finance Transactions

Education


  • JD/LLM in International Arbitration, University of Miami
  • LLM, Penn State Law
  • LLB, Nnamdi Azikiwe University

Admissions


  • Florida
  • New York
  • Southern District of Florida
  • Southern District of New York
  • Eastern District of New York
  • Nigeria

Professional Leadership


  • FINRA - Financial Industry Regulatory Authority - Arbitrator

Communnity Leadership


  • Prince serves as an Alternate Member of the Board of Directors of the Miami-Dade Beacon Council and contributes to initiatives advancing Miami-Dade’s economic development. He serves on the Beacon Council’s Finance Advisory Council and supports initiatives focused on education, talent development, and economic growth.

Certifications & Specializations


  • Anti-Money Laundering Certified Associate (FIBA)

Accolades


  • Best Lawyers® USA 2027 (Ones to Watch): Commercial Litigation

Representative Matters


  • First-chair a trial resulting in a victory for a client whose former senior executive claimed a 49% ownership interest in a Florida corporation based principally on years of tax filings, K-1s, and representations to third parties. The case required disentangling tax reporting and other indicia of ownership from actual corporate ownership and reconstructing years of financial and business dealings to establish that the economic reality of the parties’ relationship proved the client was the corporation’s sole shareholder.
  • Act for a leading Italian provider of turnkey maritime accommodation solutions in a high-stakes contractual dispute with one of the largest commercial shipbuilders in the United States.
  • Represent a Nigerian company in a multi-jurisdictional real estate ownership dispute involving a multimillion-dollar Miami property and claims for a purchase-money resulting trust involving significant cross-border issues arising from parallel proceedings in the United Kingdom and Nigeria, including the recognition and preclusive effect of foreign judgments and the interaction between foreign matrimonial orders and title to Florida real property.
  • Represent an Australian investor in an arbitration involving millions of dollars in alleged losses arising from an algorithmic foreign-exchange trading platform. The dispute involves alleged misrepresentations concerning the platform’s performance and risk controls, commodities-trading advisory activity, and federal and state securities law issues.
  • Represent the appellee in Wepard Corporation, Limited v. Diaz, Reus & Targ, LLP, securing a decision from Florida’s Third District Court of Appeal recognizing court-authorized service by email on foreign defendants under Florida Statute § 48.197(1)(c) and establishing new Florida law on service by email abroad in the first instance.
  • Defend a Brazilian client in the Southern District of New York against an attempt to enforce an approximately $40 million foreign arbitral award.
  • Represent Australian company Ataraxia Capital Partners and other international defendants in a multimillion-dollar Southern District of New York dispute arising from an international PPE transaction, obtaining dismissal of the claims against Ataraxia in the operative complaint then before the court and dismissal of fraud and other claims asserted against several international defendants.
  • Represent a prominent American fashion executive and television personality in a sensitive, high-profile defamation matter arising from media coverage of a contentious corporate ownership dispute. Secured a favorable resolution without litigation by identifying and strategically leveraging critical factual and legal vulnerabilities in the reporting, persuading the British international news publication to substantially correct its coverage and material misrepresentations concerning the client’s ownership rights and judicial findings.
  • Represent Venezuelan clients in an arbitration arising from shareholder disputes regarding their investment in a Miami hotel.

Scholarly Work & Publications


  • Research Assistant at the American Law Institute (ALI) and Penn State Law, on the Restatement of the Law: The U.S. Law of International Commercial Arbitration and Investor-State Arbitration, focusing on the preclusive effects of arbitral awards and procedural fairness issues under the supervision of Professor Catherine Rogers.
  • “International Arbitration: Transnational Debate and Ethics Quagmire,” Transnational Dispute Management. The article was included in UNCITRAL’s bibliography of recent writings related to its work.
  • “Nigeria’s $10 Billion Article V(1)(e) Off-Ramp and the Niggling Issue of Set-Aside or Annulled Awards,” Kluwer Arbitration Blog.
  • “Arbitration Procedures and Practice in Nigeria: Overview,” Practical Law (co-author).
  • “The Legal Regime for Enforcement of Image Rights: A Nigerian Question.”