Cameroon’s banking system has in recent years experienced an influx of both municipal and foreign banks. In the reality of increased regulation, financial service institutions and banks are economic gatekeepers that must translate regulatory and economic policies into everyday business transactions. Thus, with a mastery of both BEAC (Banque des États de L’Afrique Centrale) and COBAC (Commission Bancaire de L’Afrique Centrale) regulations, we of MULUH & PARTNERS are able to strike a deal in favor of our clients, be they, lenders or borrowers.
As the world markets contend with the credit crisis, our clients look to MULUH & PARTNERS Banking & Finance lawyers to help them navigate restricted channels of credit and challenging new regulations.
We work with financial institutions, as well as borrowers, lessees, and other capital users, to analyze potential risks and develop both short- and long-term plans in this uncertain environment.
Areas of our Banking/Financial Services practice group include: We are skilled business advisors to banks, micro-financial institutions, diversified financial service companies, and insurance firms. MULUH & PARTNERS lawyers work to get deals done, protect the lender’s collateral, and satisfy regulatory requirements. Client issues we address include:
- Bank regulatory matters
- Commercial and energy loans
- Disposition of troubled properties
- Financing of leveraged acquisitions
- Foreclosures and loan workouts
- Institutional placements of debt securities
- Project and structured financing
- Real estate financing and syndications
- Swaps and other derivative transactions
- Syndicated financing transactions.
Commercial Lending and Syndicated Finance
MULUH & PARTNERS represents lenders and borrowers in virtually every type of commercial lending transaction. We work to finalize a loan transaction in the simplest of structures consistent with our clients’ needs, as expeditiously and cost-effectively as possible.
Highly experienced in the syndicated loan market, our lawyers have gained considerable insight from serving as counsel to both lenders and borrowers. We advise clients on the type of structure and documentation expected in that market. We lend assistance in all phases of a syndicated transaction. This includes establishing a structure, assisting in the preparation of an information memorandum and term sheet, performing due diligence, and negotiating, documenting, and closing the transaction.
We have assisted lenders of all sizes in making virtually every kind of personal and real property as collateral. This includes accounts, inventory and equipment, intellectual property, real estate, producing and non-producing oil and gas properties, and credit enhancement vehicles.
As part of our practice background, we have extensive experience in all types of loan-related documentation including inter-creditor agreements, interest rate option and swap agreements, collateral agency agreements, subordination agreements, collateral custodian agreements, purchase and sale agreements, letters of credit, and many others.
We represent domestic and international energy clients, from small independents to integrated majors and pipeline companies and utilities. We strive to negotiate the most effective capital structures and counsel on every aspect of exploration, production, processing, refining, infrastructure, transportation, trading, and marketing. Our work with lenders on energy deals includes:
- Secured and unsecured debt financing and mixed debt/equity financing vehicles
- Leveraged leasing and sale/leaseback transactions
- Production payment financings and power purchase agreements
- Project financing.
We often represent lenders as secured creditors in loan workouts and restructurings, bankruptcies, liquidations, and foreclosures. When our lawyers are involved in transactions from the start, we can build maximum creditor protection into the loan documentation.
If reorganization or liquidation of a debtor becomes necessary, we strive to pursue the action best suited to recover our client’s investment. Our approach is flexible and practical in the areas of collateral recovery, distressed asset sales, and lending and securing assets from debtors-in-possession. Should foreclosure or bankruptcy litigation become necessary, we strive to obtain a maximum collateral recovery.
Whether addressing bank examiner concerns about lending programs, or asset quality, or communicating on restructuring, bank purchases and sales, and similar changes, our lawyers are strategic advisors and navigators through the regulatory system.
Do not hesitate to contact us at MULUH & PARTNERS, SISE FACE COLLEGE DE LA SALLE-AKWA, B.P 1632 DOUALA-CAMEROON, TEL: +237 3342 9575 or +237 9639 4603, Email: [email protected]