Corporate & Commercial

Posted on June 12th, 2018

Our Corporate & Commercial practice area brings on broad sector experience and commercial awareness to every transaction. We help drive business growth while combining a strategic outlook with deep legal knowledge and a keen understanding of the business factors involved in this area of law. 

Our Corporate & Commercial practice provides comprehensive legal advice by combining competition law, employment, financial, regulatory and taxation expertise. Our recent significant involvement includes advising complex mergers, acquisitions, joint ventures and commercial contracts for which we are well regarded.

Experience

We regularly advise on IPOs, rights issues, medium-term notes, private placement bonds and the set up of new products in the NSE and the Capital Markets. In particular, we have advised:

  • Advising the largest sugar miller in Kenya in the restructuring of its debt, owing from local and international lenders. Our role involved reviewing the contractual documentation, restructuring facilities documents and other security agreements and providing a legal opinion on the debt restructuring.
  • Advising a Dutch firm involved in the water sector and a Dutch financial risk management firm on the establishment of a capital market structured water pool facility, to finance water infrastructure projects in Kenya.
  • Advising a leading commercial bank on its proposed restructuring. Our role includes advising on the powers under the Kenya Deposit Insurance Act, 2012 to undertake the restructuring, the legal aspects of the restructuring, and advising on alternative restructuring options.
  • Advising the Attorney General of Kenya in the largest and most complex debt and equity restructuring which involved reviewing the restructuring documentation, converting Government loans into equity and securing Government sovereign guarantees for key lenders and issuing new shares to investors in consideration of in-kind capital contributions of non-cash assets to the company.
  • Acting a legal counsel in relation to the sale of shares to a Kenyan cement manufacturer hold shares in a Mauritius based company that holds shares in another company that owns and operates the cement factory.
  • Advised the NSE and the Capital Markets Authority (CMA) on the demutualisation of the NSE, as well as compliance with various statutory regimes governing their respective operations.
  • Advised on three successful and heavily subscribed rights issues for a leading commercial bank in Kenya.
  • Advised the Government of Kenya and KenGen during its offer and sales of 6.5 million ordinary shares at the Nairobi Securities Exchange (NSE).

Recent Insights

Extension of Timelines for Submission of Beneficial Ownership Information

Disclosure of Beneficial Ownership of Companies in Kenya

Smelling the Coffee: Salient Changes Brought About By the New Business Laws (Amendment) Act

Salient Changes Under the Business Laws (Amendment) Act, 2020

Obligations of a Company in Relation to Disclosure of Company Beneficial Ownership Information


Related Services

Banking & Finance, Capital Markets and Dispute Resolution


For more information about our Corporate & Commercial practice, please contact Jacob Ochieng (Partner).  Alternatively click here to download our Corporate Mergers & Acquisitions profile.

Key Contacts
George Oraro SC
Founding Partner

 

E: goraro@oraro.co.ke

Jacob Ochieng
Partner

 

E: jacob@oraro.co.ke

Cindy Oraro
Partner

 

E: cindy@oraro.co.ke

Expertise

Posted on March 23rd, 2018

Practice Areas

Sectors

Construction

In the construction sector, we see the bigger picture ...

Education

Our lawyers understand the pressures faced by educational and training organisations

Energy

We are at the forefront of providing our clients with legal advice in a complex regulatory environment

Financial Services

We deliver legal advice that is technically sound, practical and commercially effective.

Manufacturing & Industries

We deeply understand our clients' businesses in this vast and vital sector of the Kenyan economy.

Public Sector

We deliver meaningful legal advice, through our deep understanding of how the public sector works.

About Us

Oraro & Company Advocates is a full-service market-leading African law firm established in 1977 with a strong focus on dispute resolution and corporate & commercial law. With a dedicated team of 10 partners, 4 senior associates, 10 associates, 1 lawyer and 36 support staff, the Firm has been consistently ranked by leading legal directories such as Chambers Global, IFLR 1000 and Legal 500 as a top-tier firm in Kenya.

Oraro & Company Advocates is an affiliate member of AB & David Africa.

Contact Us

Oraro & Company Advocates
ACK Garden Annex, 6th Floor, 1st Ngong Avenue
P. O. Box 51236 - 00200, Nairobi, Kenya.
T: +254 709 250 000
E: legal@oraro.co.ke | W: www.oraro.co.ke

Oraro & Company Advocates © 2021