Firm / Organisation

BLC Robert & Associates

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This content is provided by BLC Robert & Associates.

Managing Partner: Iqbal Rajahbalee, Senior Counsel
Number of lawyers: 30
Languages: English, French

Firm Overview:
BLC Robert is the leading independent business law firm in Mauritius providing assistance on diverse cross-border transactions originating from various parts of the world involving Mauritius. Innovative in its solution-driven approach, BLC Robert focuses its practice on definite areas of law where it can confidently display a combination of skills, experience and industry knowledge. BLC Robert is a member of the Africa Legal Network (ALN), recognised by international directories as the leading legal network of independent law firms in Africa.

Main Areas of Practice:
Lawyers at BLC Robert have a wide range of expertise, enabling them to provide clear, sound and timely legal advice on a full spectrum of areas including banking and finance, capital markets, financial services and regulatory, mergers and acquisitions, real estate and hospitality, corporate and commercial, taxation, insolvency, employment, dispute resolution and TMT and intellectual property.

Banking & Finance:
BLC Robert advises and provides support on domestic and cross border transactions in numerous areas ranging from acquisition finance and project finance (including infrastructure) to ‘structured’ and ‘trade’ finance. The team provides regulatory and compliance advice to banks and financial institutions, helping them from formation to operations and dealings. It regularly intervenes on behalf of local and international banks, development finance and other financial institutions, corporate lenders, investment funds, project sponsors, operators, borrowers, guarantors and governmental and international organisations. The banking team acted for Standard Chartered Bank and other finance parties in the refinancing of a USD 450 million syndicated facility to a multilateral African development bank.

Capital Markets:
BLC Robert assists clients on a wide range of capital markets work, from equity and debt securities to listed funds, structured products, exchange-traded funds and other innovative products in the Mauritian market as well as on dual listings. It engages with regulators and listing authorities at a policy-making level, especially in the context of the introduction of new product lines. The firm assists with all forms of capital raising: initial public offerings, follow on offerings, and private placements; listings of securities issued by local as well as international issuers on the Official Market and the Development & Enterprise Market of the Stock Exchange of Mauritius Ltd; securitisation; takeovers and mergers; ongoing reporting and governance, regulatory, compliance and other disclosure requirements. The team acted as Mauritian legal advisor to Grit Real Estate Income Group Limited (“Grit”) in respect of its listing on the Official List of the London Stock Exchange (“LSE”), making Grit the only Mauritian company listed on the LSE.

Corporate & Commercial; Mergers & Acquisitions:
The firm serves a variety of clients from multinational companies (with a number of those operating in the hospitality sector), banks and financial institutions on all aspects of the corporate sphere, from company formation, to advisory work, legal opinions, due diligence, transaction closings, mergers, listing rules, equity and quasi-equity investments, joint ventures, capital and debenture issues, drafting share purchase and shareholders’ agreements, drafting information memoranda and assisting clients on everyday matters. BLC Robert advises on competition law including the rules of COMESA, of which Mauritius is a member. The team recently acted as legal advisor to AEGIDE DOMITYS and 2Futures on the EUR 58.5 million structuring and capital raise for the construction of Le Domaine de Grand-Baie. The innovative nature of the capital structure, which comprised equity, a structured bond issue of multiple tranches, maturities and security status and a syndicated loan facility, required expert advise and a bespoke drafting of the transaction documents.

Insolvency:
BLC Robert has extensive experience on both domestic and cross-border restructuring and insolvency matters. The firm has advised clients on complex restructurings and insolvencies, notably: secured and unsecured creditors on how best to protect their interests; in pre-insolvency scenarios and during insolvency proceedings; administrators and liquidators in collective proceedings on selling, conducting creditors’ meetings, preparing reports for creditors, formulating complex restructuring plans and making ancillary court applications; receivers on various aspects of receiverships and potential acquirers of businesses and assets from insolvency practitioners and directors on their duties in situations of actual insolvency. The team acted for a Deloitte partner as receiver and manager on the successful exit and full payment of approximately USD 1 million of liabilities of propertyowning companies in a luxury development. The matter also involved the successful resolution of litigation among the borrowers, the bank and the receiver and manager.

Dispute Resolution:
The team provides robust advice on clients’ legal positions, the strengths and weaknesses of their cases and the most effective avenues through which to settle the dispute, whether by mediation; narrowing down of issues and expert determination or arbitration of remaining issues; or by issuing formal legal notices. When necessary, the team represents clients in court litigation or proceedings before quasi-judicial bodies. By way of example, it appears before the Commercial Division of the Supreme Court on a range of matters such as high-value commercial litigation and company law disputes; domestic arbitrators in high-value commercial arbitrations; the tax appeal authority in Mauritius and the Supreme Court on appeal from that instance in tax disputes on behalf of taxpayers. The team acted for Mastercard before the Competition Commission following investigations and recommendations made by the Executive Director of the Commission on the level of Issuer Interchange Fee set by Mastercard for Point of Sales transactions in Mauritius.

Employment:
The firm’s employment lawyer experts provide a wide range of services including general advice on employment law in Mauritius; drafting and reviewing employment contracts; and leading the process relating to the termination of an employee, including negotiation leading to settlement, drafting letters of charges, assisting in disciplinary proceedings and acting as counsel in court cases, if required. They are also involved in providing employment advice on deals involving restructuring exercises, sales of businesses and mergers and acquisitions. The employment team routinely advises clients on day to day employee queries and concerns as well as dealing with trade unions. The employment team acts as Mauritian employment law advisor to the official sub contractor of the light metro rail project.

Financial & Regulatory Services:
BLC Robert’s financial services team advises a vast number of funds, private equity houses, insurance companies, fiduciary businesses and financial advisers. The team has advised over 200 funds established in Mauritius. The services offered are: fund formation; structuring; drafting of legal documentation; closings and investor relationships; tax advice; regulatory compliance (FATCA and CRS compliance and AML); enforcement. The team assisted on the setting up of Mediterrania Capital III, L.P., a Mauritius domiciled fund with a target size of USD 300 million and focusing its investments in Northern African countries.

Taxation:
The tax team at BLC Robert acts for a number of leading corporates, banks, financial intermediaries and other institutions in relation to tax structuring issues and tax disputes with the relevant authorities. The team offers innovative tax structures and products to ensure cost-efficient financing, mitigate excessive tax exposure and streamline multi-jurisdictional transactions and reorganisations. The team has expertise in the fiscal elements of M&A transactions and restructurings; tax-driven investment schemes; tax optimised exit schemes; VAT and tax litigation. The team successfully appeared before the Privy Council for Shoprite with respect to an appeal against a VAT assessment on management fees not invoiced nor paid. 

TMT & Intellectual Property:
BLC Robert has a dedicated team which handles all aspect of intellectual property (IP) for its clients. The team regularly advises clients on their IP rights including registering, maintaining and enforcing them, including liaising with customs for border control measures. The dispute resolution team assists clients with disputes over IP rights, including representing clients in trademark oppositions and unfair competition. It has also advised the Government of Mauritius on the drafting of important IP and IT laws.

Contributions

Total 1 contributions

Investment Funds 2019 Law and Practice in Mauritius

Iqbal Rajahbalee, Bhavna Ramsurun

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Articles, Highlights and Press Releases

Total 1 Articles, Highlights and Press Releases

Fintech and AML/CFT laws in Mauritius

Iqbal Rajahbalee, Nafiisah Jeehoo

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