We give examples of the firm’s experience in the banking sector and in the following core practice areas: banking, finance, corporate/commercial, capital markets, construction, projects & project finance and taxation.
Banking and Finance
- The firm regularly represents clients in the High Court and Subordinates Courts of Tanzania in litigation matters.
- The firm has advised on several occasions on sale of shares as well as provided opinions on matters relating to rights of shareholders.
- The firm has also managed transactions relating to acquisition and sale of stake and have assisted clients in applying for notification of a merger at the Fair Competition Commission to the intended acquisition and purchase.
- The firm provides legal consultancy services, investment advisers and other securities professionals in their relationships with their clients and governmental authorities and prepares
financing documentation for a number of local banks in connection to loan facilities to their clients:
- Acted for Vehicle and Equipments Leasing (Tanzania) Limited (VAELL) in an arbitration involving a mult-billion transaction against Serengeti Breweries Limited;
- Currently representing Bank of Africa in respect of a tax dispute against Tanzania Revenue Authority at the Tax Revenue Appeals Board.
- The firm has acted for an Frogham Financial Services in the debt recovery of approximately Tshs. 200,000,000.
- The firm has advised corporate clients on various regulatory and compliance requirements.
- The firm has drafted standard commercial contracts and security documentation for the Equity Bank