PROJECT DETAILS
- Date 03 Aug 2021
- Lawyer Benson Ngugi, Rushmi Matete
- Location Kenya
- Category Property & Real Estate Practice Group
ABOUT THIS PROJECT
With a combined 40 yrs of experience, we pride ourselves in great expertise in successfully handling the sale and purchase of property. We have acted for purchasers, vendors, intermediaries and financiers, as well as matrimonial & gift transfers.
The firm prides itself in being able to undertake after-sale services upon the successful registration of Property in the new Proprietors names, ensuring that records appearing at the relevant government authorities such as County records, and property utility companies, to reflect the new Proprietor’s names and details.
With a combined 40 yrs of experience, we pride ourselves in great expertise in successfully handling the sale and purchase of property. We have acted for purchasers, vendors, intermediaries and financiers, as well as matrimonial & gift transfers.
The firm prides itself in being able to undertake after-sale services upon the successful registration of Property in the new Proprietors names, ensuring that records appearing at the relevant government authorities such as County records, and property utility companies, to reflect the new Proprietor’s names and details.
NOTABLE ACHIEVEMENTS
- Advised and assisted in an application by an Independent Power Producer to set up a 45 MW Solar Plant in Kenya. Our Client is currently in the process of negotiating a Power Purchase Agreement.
- Advised a collective investment scheme worth Kes 12bn on the structure and the security documents for the projects.
- Defended KenHA on a suit on Access roads to Super-Highways, saving the parastatal almost Kes 2bn in super-highway reconstruction costs and loss of business
- Successfully prosecuted a defamation suit; our client being awarded the highest amount of damages in the country
- Won a favourable Supreme Court decision on a long-running land dispute matter under Section 163.4.A
- Successfully negotiated on $3mn settlement for specific passengers in the Boeing mishaps of 2019
- Retained by a top Bank in Kenya to advice on risk management for a mobile phone loan product for the purposes of ensuring compliance with both the Banking Act and the Insurance Act and the accompanying Regulation, Guidelines and Policies.
- The Firm assisted in the structure and set up of a Revolving Fund set up by an Islamic Development Partner in Somalia to provide 5-7 year loans to University students to be repaid without interest after graduation. The Firm also carried out a restructure of the Fund to increase its scope in 2020.