Oraro & Company Advocates Bolsters its Commercial Practice

Posted on January 8th, 2020

8th January, 2020

Oraro & Company Advocates is pleased to announce the appointment of Naeem Hirani as a Partner in the firm effective from 7th January 2020. Naeem’s appointment further strengthens the firm’s Corporate & Commercial practice as he brings extensive experience in Mergers & Acquisitions, Private Equity, Venture Capital and Corporate Law. Naeem has advised international and domestic clients in complex cross-border transactions across sub-Saharan Africa. His commitment to excellence furthers the firm’s tradition of providing exemplary service to its clients whilst upholding the highest levels of integrity and professionalism.

Naeem joins us after founding a boutique law practice called “Hirani Law” and prior to that he served as a Senior Associate at Anjarwalla & Khanna where he worked for eight years. In 2017, Naeem spent nine months working with Cleary Gottlieb Steen & Hamilton in New York under the Africa Legal Fellowship, an initiative by the Cyrus R. Vance Centre for International Justice which aims to promote diversity and strengthen the legal profession in Africa.

Welcoming Naeem to the firm, Chacha Odera, Managing Partner, stated “the partnership is delighted to have Naeem whose breadth of knowledge and impressive track record are a great addition to our Corporate & Commercial team and an asset to our clientele.”

Naeem obtained his Bachelor of Laws (LLB) from the University of Leeds, a Post Graduate Diploma in Tax from the East Africa School of Taxation and is currently pursuing a Master of Business Administration from Queen Mary, University of London.

Naeem is also a Board member of the Fleischer Foundation, a non-profit organisation whose mission is to promote the personal development and empowerment of underprivileged children in developing countries through mentorship and education.

About Oraro & Company Advocates
Established 43 years ago by George Oraro SC (one of Kenya’s top litigators), Oraro & Company Advocates is a top-tier, full-service Kenyan law firm providing specialist legal services both locally and regionally in Arbitration, Banking & Finance, Conveyancing & Real Estate, Corporate & Commercial, Dispute Resolution, Employment & Labour, Infrastructure, Projects & PPP, Restructuring & Insolvency and Tax.

The firm’s corporate & commercial practice area continues to shine and prides itself in creative solutions to the most complex transactions entrusted to them. The team has been extensively involved in the recent consolidations and acquisitions within the banking sector in Kenya, including acting for the National Bank of Kenya Limited in relation to the take-over of 100% of the company’s shares by KCB Group PLC, advising Transnational Bank and its shareholders in the sale and purchase of 93% shares to a Nigerian multinational commercial bank, and also assisting Prime Bank Limited in obtaining regulatory approvals in connection to the acquisition of a significant minority stake in the Bank by AfricInvest and Catalyst Principal Partners.

The practice area and its lawyers are recognised by leading international legal directories such as Chambers Global and IFLR1000.

Kipkirui Kosgei

Head of Business Development

T: +254 709 250 000/709 250 735

E: gkosgei@oraro.co.ke

Milly Mbedi

Posted on October 24th, 2018

Milly Mbedi

Senior Associate

 

T: +254 709 250 000/709 250 714

E: milly@oraro.co.ke

 

Milly is a Senior Associate in the Corporate and Commercial practice group and specialises in corporate & commercial law, competition law, employment & labour law and intellectual property law. Milly has advised local and international clients on corporate restructurings, mergers & acquisitions, commercial contracts, drafting employment contracts, reviewing of employment policies & procedures, trademarks and copyrights.

Milly was part of a team that advised Equity Group Holdings Limited (formerly Equity Bank Limited) on a 79% stake of the of ProCredit Bank, a financial institution in the Democratic Republic of Congo, from Belgische Investeringsmaatschappij voor Ontwikkelingslanden, Stichting DOEN and ProCredit Holding AG. The acquisition required undertaking a comprehensive due diligence, drafting and reviewing of the share purchase agreement and undertaking the competition filings at the Competition Authority of Kenya.

Milly has a Bachelor of Laws (LLB) from Moi University and a post-graduate diploma in Law from Kenya School of Law.

“Milly has experience advising local and international clients on a wide array of Corporate & Commercial aspects.”

Experience
  • Part of a team that advised Essar Overseas Energy Limited in connection with their sale of 50% stake in Kenya Petroleum Refineries Limited to the Government of Kenya, including assisting in drafting the agreements and the completion process.
  • Part of a team that advised Equity Group Holdings Limited (EGHL) (formerly Equity Bank Limited) on its acquisition of 79% of the share capital of ProCredit Bank, a financial institution in the Democratic Republic of Congo, from Belgische Investeringsmaatschappij voor Ontwikkelingslanden, Stichting DOEN and ProCredit Holding AG, including structuring the all stock consideration for the sale through issue and allotment of EGHL’s shares to each of the three sellers, undertaking due diligence on ProCredit Bank and addressing the multiple financial and competition regulatory challenges to the transaction.
  • Part of a team that assisted in undertaking due diligence and thus advising Godrej Consumer Products Limited on its proposed acquisition of a major stake in Canon Chemicals Limited.
  • Part of a team that assisted in advising Atlas Development and Support Services Limited (formally Africa Oilfield Logistics Limited), a company incorporated in the Island of Guernsey, Channel Islands and listed on the London Stock Exchange, on its cross-listing onto the Growth Enterprise Market Segment (GEMS) of the Nairobi Securities Exchange – the first ever successful cross-listing onto GEMS.
  • Assisted in advising clients in a variety of sectors on employment and labour related issues. The scope of work included drafting and developing a standard template for expatriates, senior local employees and junior local employees, drafting separation/settlement agreements and advising on dismissals and redundancies.

Jacob Ochieng

Posted on March 26th, 2018

Jacob is a Partner at Oraro & Company Advocates in the corporate & commercial practice group. With over 12 years’ experience, he has advised both local and international corporates on commercial contracts, corporate advisory, corporate restructuring mergers & acquisition, privatisations and infrastructure projects. 

Jacob was part of a team that advised in a complex debt to equity restructuring of Kenya Airways Plc that aimed to reposition the National carrier for long-term growth and business sustainability. He also acted for a leading commercial bank in the financing of the first road construction projects under the Road Annuity Program of the Ngong-Kiserian-Isinya and Kajiado-Imaroro Roads.

Chambers Global ranked Jacob, in its 2021 Guide, as one of the leading lawyers in Corporate/M&A in Kenya. Chambers noted that he is well regarded in the space by peers, who comment, [Jacob is] thorough in his thinking and extremely detailed in his output".

Jacob holds a Bachelor of Laws (LLB) from the University of Nairobi and a post-graduate diploma in Law from the Kenya School of Law.

“[Jacob is] thorough in his thinking and extremely detailed in his output”

Chambers Global, 2021.

Experience
  • Part of a team that advised Citigroup Global Markets Limited in its capacity as the underwriter and book runner for the offering of a total of 1,477,169,549 new shares by Kenya Airways Plc (KQ) in funding the pre-delivery payments to aircraft manufacturers in connection with the acquisition of 9 Boeing Dreamliner aircrafts and 10 Embraer aircrafts to finance KQ’s capital expenditure requirements.
  • Part of a team that advised the Government (through the office of the Attorney General) on the legal implications of the most complex debt and equity restructuring of Kenya Airways Plc.
  • Advising for a leading investment and real estate company in the acquisition of 40% stake a in a private Kenyan company that provides serviced office solutions for a potential investment of USD 2.5 million into the company.
  • Part of a team that advised Accion International, Velocity Capital and Progression Capital Africa Limited in a multi-jurisdictional due diligence and report in connection to the proposed acquisition of approximately 20% stake in the Cellulant Corporation.
  • Acting for a lender in relation to the financing of road construction of the Ngong-Kiserian-Isinya Road and Kajiado-Imaroro Road. These are the first road construction projects that are to be undertaken under the Road Annuity Regulations.
  • Part of a team that advised in the government-to-government collaboration between the Government of Kenya and a major national oil and gas corporation on a proposed USD 1.8 million project to develop up to 350 MW of geothermal power.

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