Case details

IN BANKING, FINANCE AND SECURITIES

OUR TRACK RECORD

Description of the Successful Case

We have undertaken extensive finance-related briefs in the areas of securitizations, debt collections, loan syndications and all other forms of
commercial and conveyancing transactions carried out by financial institutions such as Banks, insurance companies, SACCO’s and investment companies.

Some of the debt recoveries we have handled through receiverships and
compulsory sales include:

  • The successful receivership of a major tannery situated in Kamiti, Kiambu in which we recovered KES 300 Million.
  • The successful receivership and subsequent sale of the assets of a company with substantial investments in the Tourism and Hospitality Industry in which we recovered KES 450 Million.
  • The successful receivership and subsequent sale of a fish preservation and processing plant in Kisumu in which we recovered our client’s portion of a syndicated loan in the sum of KES 200 Million.
  • The sale of a major local pharmaceutical firm by a consortium of lenders in which we recovered a highly contested debt of KES 150 Million.
  • The successful receivership of a major Tannery in Ruai, Nairobi in which we recovered a debt of KES 70 Million.

Recoveries made through litigation include:

  • Successfully defending a case filed by a guarantor seeking to prevent our client from redeeming a security commercial building in Westlands, Nairobi valued at KES 500 Million in recovery of a debt of more than KES 400 Million. We successfully secured the dismissal of the case paving way for realization of the security and recovery of the entire debt.