As the global pandemic continues to wreak havoc on economies and businesses, an inevitable succession of profit warnings and bankruptcy notices have peppered the news reports. In the US, we have seen household names such as JCPenney and Hertz filing for bankruptcy under the infamous Chapter 11 provisions. And in the UK, behemoth retailer brands such as Debenhams and the Arcadia group have been severely hit and are undergoing surgical procedures, including deep headcount cuts.
Judy has experience in supporting public and private sector players regarding energy and natural resource projects including reviewing agreements for geothermal and wind power projects, providing legal opinions and supporting legal reform initiatives.
Judy also has experience in restructuring and she has advised several large lenders including a European DFI and leading local banks regarding debt recovery in respect of a large local manufacturer.
Judy has also advised companies across several African countries on the legal and tax implications of their transactions and projects. Judy’s clients cut across various sectors including oil & gas, aviation, power, healthcare, real estate and consulting sectors.
Experience has included advising:
- On power project agreements in Kenya including hydro power projects, a 50MW wind power project and a 70MW geothermal power plant.
- On reforms to the Mining Code of an Eastern African country and presenting proposals in a Kenyan Mining round table event attended by senior government officials.
- EPC contractors on specific aspects of agreements in respect of projects with the Kenya Airports Authority and the Kenya National Highways Authority.
- On the structure of a large hotel and urban retail developer.
- A large manufacturer and a multinational energy producer on export processing zones and special economic zones.
- On restructuring and debt recovery for local and international secured lenders to a large manufacturing concern in Kenya.
- A global aviation sector player on approval processes and requirements.
- Fellow of the Association of Chartered Certified Accountants (ACCA), 2012
- University of Warwick, LL.M (International Economic Law), 2002
- Keele University, LL.B (Law and Management Science), 2004
- Cornell University, Certificate in Business Strategy, 2015
Prior Experience (Optional)
- 2019 to date, Director, Projects, Energy & Infrastructure, IKM Advocates, DLA Piper Africa in Kenya
In order to realise Kenya’s Vision 2030 goals for sustainable and affordable energy, the government has been offering incentives to encourage investment in the renewable energy space. One of the most effective incentives in the government’s toolbox is the provision of tax exemptions which have the dual advantage of encouraging investment and possibly lowering electricity tariffs payable by consumers.
The outbreak of COVID-19 has undeniably affected both borrowers and lenders negatively, with the exception of a few players such as those in medical supplies, basic food stuffs and certain technology, e-commerce and entertainment providers.