CMS Daly Inamdar Advocates‘s banking and finance department is praised by clients as a ’highly knowledgeable team with a good mix of abilities’, and acts for both local and regional banks in preparing bilateral facilities, debenture of assets, depositing shares, and cross-border financial transactions. The team is chaired by Julius Wako, who has a strong track record in the conventional and project finance space, and works closely with Nishit Maru and Lillian Lofty. Stella Situma departed the team in March 2024.
Testimonials
Collated independently by Legal 500 research team.
‘A highly knowledgeable team with a good mix of abilities within the team.'
‘They have a wealth of knowledge in diverse practice areas.’
‘Availability of senior partners to engage with clients on legal matters.'
'Julius Wako stands out.’
'Enthusiastic and intelligent insights and temperament.'
'Efficient, enthusiastic and display tremendous agility and knowledge.'
'The team we worked with had excellent skills and experience in the financing sector and gave us valuable guidance we needed for purposes of strategically structuring the financing we were providing.'
'We worked with Julius Wako, a partner with varied experience and skills.'
Key clients
- Diamond Trust Bank Kenya
- I&M Bank Kenya
- Stanbic Bank Kenya
- ABSA Bank
Work highlights
- Acted for Stanbic Bank in facilitating registration of various securities on various assets registered in the name of Mombasa Cement Limited valued at USD32.8m.
- Acted for I&M Bank in facilitating registration of various securities on various assets registered in the name of Mvita Oils Limited valued at USD7.5m.
- Acted for I&M Bank to facilitate the takeover of banking facilities i.n.o Africa PVC Industries Limited from National Bank of Kenya by Stanbic Bank Kenya Limited valued at KES238m.
Practice head
The lawyer(s) leading their teams.
Julius Wako