Isaac heads the Coast Division of MMC Africa Law and has a wealth of experience in commercial transactions including mergers and acquisitions (M&A) and banking and finance.
He also has a lot of experience advising on real estate transactions with a bias to mixed-use developments. Isaac was ranked by IFLR1000 as “Highly Regarded” in the practice areas of Banking, Project Finance, and M&A for the years 2017 and 2018.

Areas of Specialization

  • Banking and Finance
  • Corporate and Project Finance
  • Joint Ventures
  • Real Estate and Mixed Use Developments
  • Aviation Law
  • Oil & Gas
  • Mergers and Acquisitions

Education

  • Diploma, 12th African School for International Financial Law Cape Town, South Africa
  • Diploma in Law, Kenya School of Law
  • Bachelor of Laws, University of Nairobi

Mergers and Acquisitions

  • Advising Real Estate Investment Trust (REIT) company in its intended acquisition of two established hotels situated in the Kenyan tourist hub of Mombasa, a transaction that involves a share purchase and an asset purchase respectively of the two proprietor companies.
  • Part of the legal team involved in advising the Rwanda Government on the Initial Public Offering in BRALIRWA Industries which included reviewing the corporate documentation, carrying out due diligence in respect to the assets, plant, and machinery, Intellectual properties, and preparation of the legal opinions and the attendant documentation.
  • Advising one of the leading microfinance company in acquiring a microfinance business from a trust including preparation of the due diligence report, business purchase agreement, advisory on employee contract documentation and labor relations, liaising with the financiers, suppliers, landlords and assigning intellectual property rights.
  • Advised Kenya Railways Corporation on the legal issues on the properties affected by the by the construction of Standard Gauge railways with a view to guiding the Corporation in making a determination of the compensation sums, if any, payable to the owners of the properties. The transaction involved obtaining the official and historical searches conducted at the Land Titles Registry in Mombasa and review of concluded and ongoing court cases relating to the Properties or any one of the Properties.
  • Advised an American financial services entity MICROVEST Inc. on corporate finance relating to a Kenyan microfinance including the Company, due diligence, negotiating the finance agreements and security perfection process.
  • Advising a company in the coastal region of Kenyan in the proposed acquisition of 100% stake in a company in the business of manufacturing edible oil.
  • Banking and Finance

  • Advised KCB on multiple lenders corporate finance arrangements in the sum of KES 500 Million in favor of one of the largest paper product supplier in Kenya. This included conducting the necessary due diligence, negotiating the inter lender agreements, security documentation and registration formalities.
  • Advised Barclays Bank of Kenya Limited in respect of corporate finance arrangements involving edible oils manufacturers in the sum of USD 17 Million. The transaction involved a comprehensive due diligence in relation to the borrower, securities documentation, and perfection.
  • Acted for Gulf African Bank Limited in relation to a multiple lenders corporate finance arrangements involving KCB Bank Kenya Limited and Barclays Bank of Kenya Limited in the sum of KES 0.5 Billion including negotiating the inter lender agreements, due diligence security documentation and perfection.
  • Acted for Equity Bank Limited in security perfection relating to stock finance arrangements in favor of a leading motor dealer in Kenya in the sum of KES 110 Million including review of the related companies’ structure, due diligence and advising on the commercial benefit agreements.
  • Advising Barclays Bank of Kenya Limited in relation to multiple lenders corporate finance arrangements in favor of one of the leading grain milling companies in the East African region in the sum of KES1.8 Billion including negotiating terms of the inter lender agreements with KCB Bank Kenya Limited and Gulf African Bank Limited.
  • Corporate and Project Finance

  • Advised Housing Finance, one of the leading Mortgage companies in Kenya in relation to the structuring of project finance arrangements relating to a developer in Nyali, Mombasa in the sum of KES282 Million including advising on the Joint Venture Agreement, Shareholders Agreements and restructuring of the SPV.
  • Real Estate and Mixed Use Developments

  • Advised a major real estate developer in Mombasa on mixed-use development, undertaking the change of user on the Grant, negotiating the project finance arrangements with SHELTER AFRIQUE in the sum of KES380 Million including negotiating the financing agreements and review of the contract documents with the consultants, structuring and preparation of sale contracts and Leases relating to the end buyers.
  • Advising a leading developer on mixed-use development in Vipingo area of Kilifi County worth approximately KES1 Billion in creation of a high end holiday homes, recreational facilities, business centre including restructuring of the company, structuring of the development including advising on the Tax implication and preparation of the necessary contract for use by the end buyers.
  • Countries of Work Experience

  • Kenya.

Awards and Accolades

  • Ranked “Highly Regarded” by IFLR100 in banking, mergers, and acquisition and project finance for the year 2017.
  • Ranked “Highly Regarded” by IFLR100 in 2017 in banking, mergers, and acquisition and project finance for the year 2018.