Firm / Organisation

FB Attorneys

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Managing Partner: Mr Fayaz A Bhojani
Senior Partners: Gaudiosus E Ishengoma, Mustafa H Chandoo
Number of partners: 3
Number of lawyers: 26
Languages: English, French, Gujarati, Hindi, Japanese, Kiswahili, Mandarin, Spanish

Firm Overview:
FB Attorneys is a full service law firm based out of Dar es Salaam and brings with it a cumulative experience of over 70 years and a thorough knowledge of colloquial practices within the East African region. The firm covers all aspects of the law and specialises in all corporate and commercial matters including mining, oil and gas, tax, litigation, banking and intellectual property law. Advocates and lawyers at FB Attorneys come from diverse backgrounds and are multi-lingual. Two of the firm’s partners are also co-authors of the much acclaimed Q&A, a weekly column published in The Daily News - one of the leading English newspapers in Tanzania. The column answers reader’s general legal queries.

Main Areas of Practice:
Arbitration:
Lawyers at FB Attorneys are involved in arbitration before various tribunals in Africa, the Middle East, Europe, Asia and most recently in the United States dealing in matters such as land, construction, mining, oil and gas and contractual issues. The firm has advised local and foreign clients on every step of the dispute resolution process, under both civil and common law systems. Most recently the team was involved in a multi-million dollar arbitration construction project at the LCIA.

Banking, Finance & Capital Markets:
FB Attorneys provides practical, sound financial advice and covers the full spectrum of financial products including syndicated lending, asset finance, project finance and insolvency & restructuring of debt and perfection of securities. The firm works with some of the leading banks and its team has engaged in complex recoveries adding up to billions. FB Attorneys advises on all aspects of financing across a wide range of industries from manufacturing to the hospitality industry offering genuine cross-border expertise and global coverage.

Corporate:
FB Attorneys is home to some of the best corporate law practitioners covering a wide spectrum of corporate business including syndicated lending, trade finance, asset finance, insurance, joint ventures, company restructuring, maritime, mining, winding up, insolvency proceedings, multi-jurisdictional deals, licensing, distribution, agency and franchising, general drafting, capital markets, initial public offerings, rights issues and general commercial law. The firm assists its clients in mergers and acquisitions, shareholder buy-outs and succession planning.

General Litigation:
When litigation is unavoidable, FB Attorneys guides clients through both the legal and commercial aspects of litigation, including an assessment of reputational risk, if any. The firm has handled high profile litigation cases for major corporates and high net worth individuals. The firm has also effectively handled general defamation suits, personal injury and medical negligence claims.

Insurance:
FB Attorneys provides a service that is both innovative and commercial due to its lawyers’ deep understanding of the insurance and reinsurance markets and the applicable regulatory framework across the region and internationally. The firm advises on insurance and reinsurance matters including capital and balance sheet management, start-ups, corporate acquisitions and disposals, corporate re-organisation and regulatory compliance.

Mining:
The firm has done work for some of the leading mining companies around the world. Its team has been consulted for mining financing, mergers and acquisitions, structuring and negotiating joint ventures and arrangements for goodwill. The firm is tasked with distinguishing between ‘legal’ and ‘illegal’ mining. These are loaded terms with more than just jurisprudential connotations and consequences.

Oil & Gas:
The team comprises lawyers with a thorough understanding of the technical and commercial aspects of the energy industry, with in-depth knowledge of both the traditional principles and current trends in the market place. Apart from oil and gas the firm advises a wide spectrum of clients including Government agencies, oil and gas companies, electric transmission companies, exploration and distribution companies and renewable energy participants. The oil and gas team assists clients ranging from major oil refiners to small oil and natural gas producers to pipeline companies, in matters as large as drilling contracts and production sharing negotiations, and as small as obtaining individual import permits.

Project Finance & International Trade:
The firm has been involved in some of the largest and most complex transactions in Tanzania and beyond, and are at the forefront of project development and finance. The firm’s thorough understanding of issues surrounding project financing enables it to convert ideas into realities. The firm has also helped clients negotiate with government agencies including obtaining necessary approvals from regulatory agencies. The FB Attorneys team assists its clients in risk management and maximisation of opportunities in international trade of goods and services.

Real Estate:
The firm’s lawyers form part of the corporate team available to represent clients on multi-faceted transactions. It has done work for some leading international investors, developers and occupiers, acquisition and financing of large hotel properties, and has unparalleled experience in the sale and financing of significant assets, strategic joint ventures, major development projects including sales and commercial leases. FB Attorneys handles the entire property development from the initial due diligence, acquisition and dispositions, joint venture, financing all the way to permits, construction and sales. The firm has also advised on commercial, retail and industrial leasing, joint ventures, financings, acquisitions and dispositions, corporate takeovers, re-organisations and corporate financings, mortgage enforcement, and land use planning including plan amendments and bylaw re-zoning applications.

Tax:
FB Attorneys built its tax practice around the needs of its clients, who are looking for the highest quality advice both locally and internationally. This experience, combined with the firm’s global reach, enables it to deliver timely and effective service. The firm specialises in strategic legal, tax and regulatory matters. It has been involved in selected highly complex innovative tax structuring transactions and also handles tax investigations and disputes from initial queries to litigation or settlement.

Recent Work:
■ Initial consultancy on the legal framework in Tanzania and East Africa for the development of a port on Lake Tanganyika
■ Negotiations of a renewable energy project on a PPP basis
■ Acquisition of a Mining Company, a deal worth over US$1 billion
■ Review of project finance proposal for infrastructure development project of a coal mine
■ Financing and construction project of an international chain of hotels in Tanzania
■ Lead counsel for the laying out of fibre optic cables across Tanzania and in the landlocked countries of Burundi, Rwanda, Malawi and Zambia
■ Advising a client on a gas pipeline from Southern Tanzania to Dar es Salaam
■ The tax team is also involved in various large tax matters, both at litigation and pre litigation stages, before various boards and tribunals
■ Acted for a client in the bidding for one of the largest bridge construction projects in Tanzania
■ Consulted for various large conglomerates in rescheduling loan facilities and negotiating better terms on loans
■ Consulted for some of the biggest names in the mining industry and acquired over dozens of prospecting licences, in addition to converting primary mining licences to mining licences
■ The mergers and acquisition team, in conjunction with the tax team, advised a large cement manufacturer on an acquisition in Tanzania
■ Advised a client on effects of a change in the Income Tax Act where transactions offshore by holding companies are taxable in Tanzania

Clients:
TBL, Barclays Bank, Aggreko International, Achelis, Tanganyika, Bank of Africa, Federal Bank of Middle East, Songas, Petrobras, Armz Uranium Holdings, MantraTanzania, International Commercial Bank, Emirates Shipping, AIG Insurance, Jubilee Insurance, PanAfrican Energy, MDN and Fastjet.