Best Acquisition / Leveraged Finance Lawyers in Accra

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Axis Legal
Accra, Ghana

Founded in 2000
50 people in their team
English
A leading legal firm with relevant experience in Corporate and Commercial advisory and LitigationWelcome to our leading legal firm, where we specialize in Corporate and Commercial advisory and Litigation services. At Axis, we take our role as counsel and advocates with a profound sense of...
Fugar and Company
Accra, Ghana

Founded in 1977
50 people in their team
English
FUGAR & COMPANY, established in 1977 is pace-setter and one of the leading law firms in Ghana. It provides legal services principally in the areas of commercial and corporate practice and related or cognate fields of law.The firm is strategically located in the central business area of Accra...

Founded in 1971
50 people in their team
English
Sam Okudzeto & Associates is one of the pioneers in corporate and commercial legal practice in Ghana.With over 35 lawyers, the firm has acquired wide international exposure and standing by the membership of its lawyers in the following organizations: International Bar Association (IBA),...
KIMATHI & PARTNERS
Accra, Ghana

Founded in 2011
50 people in their team
English
Kimathi & Partners is unquestionably one of the best law firms in Ghana and a crucible for gifted young lawyers. We are ranked as a tier 1/top tier law firm in Ghana by The Legal 500 in the following practice areas: Banking, Finance, M&A, Commercial, Corporate, Energy, Infrastructure,...
CQ Legal
Accra, Ghana

Founded in 2013
50 people in their team
English
CQ Legalis a boutique law firm based in Accra, Ghana that serves the needs of a broad range of corporate and unincorporated institutions and individuals. We pride ourselves on our excellent personalized service and extensive understanding of the legal systems, cultures, economic and regulatory...

Founded in 2008
50 people in their team
English
About the firmBlagogee, Blacksword & Co provides legal services in the areas of Corporate and Commercial practice, Immovable property, Securities, Banking and finance, Debt recovery, Labour law, International trade and investment, Intellectual property, Tax advisory services, Corporate...

Founded in 1990
200 people in their team
English
Bentsi-Enchill, Letsa & Ankomah was founded in 1990 with the mission to provide our clients with excellent market-leading legal services. Over the years, we have built a reputation for our extensive knowledge and experience  from working on the most complex transactions and disputes for...
N. DOWUONA & COMPANY
Accra, Ghana

Founded in 2000
50 people in their team
English
About firmNanaAma Botchway heads the department at N. Dowuona & Company, which advises on numerous complex domestic and cross-border transactions, including inbound investments, mergers and acquisitions, and joint ventures between large local corporates and multinational companies. It is also...
Franklyn & Partners
Accra, Ghana

Founded in 2021
50 people in their team
English
About UsFranklyn & Partners is a leading corporate and commercial law firm based in Ghana, dedicated to providing comprehensive legal services to domestic and international investors. Our firm is committed to facilitating business harmony by offering approachable and relatable legal advice...

Founded in 2015
50 people in their team
English
We are experts in Immigration, Corporate & Family LawWe have been  in the business of providing legal services over the past half-decade. Established in 2015, we have consistently pursued a client-centered strategy prefaced on a clear understanding of their needs. We specialize in...
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About Acquisition / Leveraged Finance Law in Accra, Ghana

Acquisition and leveraged finance law in Accra, Ghana relates to the legal, regulatory, and contractual frameworks that govern the funding of business acquisitions, especially where the transactions are financed with significant amounts of borrowed money. Typically, leveraged finance is used to acquire existing companies, either through share purchase, asset purchase, or mergers, using external debt as the primary source of funding. This area of law covers matters such as loan agreements, security and collateral arrangements, compliance with regulatory requirements, and the structuring of transactions to align with local financial standards. As Accra is Ghana's financial hub, the city is home to various financial institutions, investors, and legal professionals experienced in acquisition and leveraged finance matters.

Why You May Need a Lawyer

Engaging a lawyer with experience in acquisition and leveraged finance in Accra can be crucial for several reasons. Common situations include:

  • When acquiring a company or its assets through bank loans or external financing.
  • When seeking to structure complex financing arrangements that require compliance with Ghanaian law and international best practices.
  • Negotiating and preparing loan agreements, term sheets, security documents, and related contracts.
  • Conducting legal due diligence on the target company or assets to identify risks and ensure a successful acquisition.
  • Addressing cross-border considerations, such as foreign investment restrictions or currency exchange controls.
  • Advising on regulatory approvals, licensing, or consents necessary for financing or acquisition transactions.
A legal professional ensures that all aspects of the transaction comply with Ghanaian law, protects your interests, and minimizes potential risks.

Local Laws Overview

Acquisition and leveraged finance transactions in Accra are regulated by several key pieces of legislation and regulatory bodies. Some of the most relevant laws and regulations include:

  • Companies Act, 2019 (Act 992): Governs the formation, management, and acquisition of companies in Ghana, including shareholder rights, director duties, and company restructuring.
  • Securities Industry Act, 2016 (Act 929): Regulates public offerings, takeovers, and disclosure requirements for listed companies.
  • Banking Act, 2004 (Act 673) and its amendments: Sets out the regulatory framework for banks and financial institutions, including rules on lending and security interests.
  • Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930): Provides further direction on loans, credit advances, and financial services.
  • Borrowers and Lenders Act, 2008 (Act 773): Establishes rights and obligations of borrowers and lenders, including the registration and enforcement of security interests.
  • Ghana Investment Promotion Centre Act, 2013 (Act 865): Deals with foreign direct investment, including sectors restricted for foreign ownership.
In addition, regulatory bodies such as the Registrar General's Department, Bank of Ghana, Ghana Stock Exchange, and Securities and Exchange Commission play pivotal roles in overseeing compliance, reviewing transactions, and granting necessary authorizations.

Frequently Asked Questions

What is acquisition finance?

Acquisition finance refers to the funds borrowed or provided to facilitate the purchase of a company or its assets. The financing can take different forms, such as term loans, syndicated loans, or mezzanine financing.

How does leveraged finance differ from traditional loans?

Leveraged finance typically involves borrowing a substantial amount of money relative to the value of the acquired business or assets. These loans often have higher interest rates and more complex terms than standard bank loans due to their risk profile.

Are there requirements for foreign investors seeking acquisition finance in Ghana?

Yes, foreign investors must comply with the Ghana Investment Promotion Centre Act, which outlines minimum capital requirements, sector restrictions, and registration processes. Certain sectors may have equity restrictions or require prior approval.

What collateral is commonly used for acquisition or leveraged finance in Accra?

Common forms of collateral include shares of the acquired company, real estate, equipment, receivables, and other significant assets. Collateral must be registered in accordance with the Borrowers and Lenders Act to be effective against third parties.

What regulatory approvals are necessary for acquisition finance transactions?

Regulatory approvals may be required from the Bank of Ghana, the Securities and Exchange Commission, the Registrar General's Department, and in some instances, sector-specific regulatory bodies. Notification or approval may depend on the size, structure, and sector of the transaction.

Can acquisition loans be provided in foreign currency?

Yes, but there are specific rules regarding the use of foreign currency for local transactions. Approval from the Bank of Ghana may be required, and exchange control regulations must be followed.

How are disputes in acquisition or leveraged finance transactions typically resolved?

Disputes can be resolved through negotiation, mediation, arbitration, or litigation. Many agreements specify Ghanaian courts or arbitration seated in Accra as the forum for resolving disputes.

What role does legal due diligence play in these transactions?

Legal due diligence helps identify potential risks, such as undisclosed liabilities, defective title to assets, non-compliance with laws, or regulatory obstacles. This process is critical for making informed decisions.

Are there restrictions on the percentage of a company that can be acquired using leveraged finance?

Restrictions may exist depending on the sector and whether the company is publicly listed. The Securities Industry Act and sector-specific regulations may require notifications or impose limits, especially for sensitive sectors.

Do local banks in Ghana participate in leveraged finance transactions?

Yes, several local and international banks operating in Accra offer acquisition and leveraged finance products, sometimes in syndication to spread risk and ensure compliance with local regulations.

Additional Resources

For more in-depth information or support, consider the following organizations and resources related to acquisition and leveraged finance in Accra:

  • Registrar General's Department - Responsible for company registration and filings.
  • Securities and Exchange Commission - Oversight of securities, mergers, and public offers.
  • Bank of Ghana - Regulatory body for banking transactions and foreign exchange control.
  • Ghana Investment Promotion Centre - Support for foreign investors and investment guidelines.
  • Ghana Association of Bankers - Offers information on financial institutions and lending practices.
  • Ghana Stock Exchange - For information on listed companies and market transactions.
  • Private law firms specializing in corporate and finance law.

Next Steps

If you are seeking legal assistance in acquisition or leveraged finance in Accra, Ghana, here are some recommended steps:

  • Identify the specific nature and scope of your transaction or query.
  • Consult with a Ghanaian lawyer or law firm experienced in acquisition and leveraged finance.
  • Prepare documentation related to your intended transaction, including company information, proposed financing terms, and identification of counterparties.
  • Discuss compliance requirements and obtain preliminary legal advice before committing to any agreements.
  • Engage your legal adviser to conduct due diligence, review or draft contracts, and facilitate regulatory filings or approvals as necessary.
  • Ensure ongoing legal support to monitor transaction progress and address any legal or regulatory challenges that may arise.
Proactive legal advice can help safeguard your investments and ensure a smooth and compliant acquisition or finance process in Accra, Ghana.

Lawzana helps you find the best lawyers and law firms in Accra through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Acquisition / Leveraged Finance, experience, and client feedback.

Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters.

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Disclaimer:

The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation.

We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.