Managing Partners: Kouao Hermann, Tella Osther, Imboua-Niava Annick, Brice Mahan Tezai
Number of partners: 4
Number of lawyers: 7
Languages: English, French
The law firm SCPA IMBOUA - KOUAO - TELLA & ASSOCIES is a certified law firm registered at the Côte d’Ivoire Bar Association. For almost ten years, since its set up in 2009, the firm has confirmed its expertise as a business oriented law firm with an emphasis on structured financing and corporate law. The IKT Law Firm team is composed of lawyers and in-house legals who are all bilingual, with a strong experience in local and international transactions. Regarding the litigation practice, the firm represents clients before all types of tribunals, whether it is regulatory first instance or appellate courts, and also before alternative dispute resolution tribunals such as the Arbitration Court of Côte d’Ivoire (CACI) and the OHADA Justice Arbitration Court (CCJA). As for counselling matters, the firm aims to serve the needs of large sized, as well as mid-sized companies and also individuals looking for the best advice in their day-to-day or complex business decisions. Matters covered are diverse and analysed in light of the client’s activity and the legal issues they raised. In addition IKT law firm regularly organises seminars with local clients to update them on new trends of the law regarding their activities. The lawyers of IKT regularly take part in the UIA meetings and training activities to extend their potential and network. The firm is also referenced in global directories as a firm with a strong potential in international transactions.
Main Areas of Practice:
General Corporate Advice:
The firm assists companies to settle their activities in Côte d’Ivoire with a very detail oriented goal: helping the company with legal secretary (drafting of board meetings, shareholders resolution etc) and also day-to-day advice on the legal aspect of their activities. It can include compliance with the specific regulations of the activity sector, labour law and human resources matters etc. For instance the firm is regularly advising the Regional Stock Exchange (BRVM).
Mergers & Acquisitions:
Limited or extended due diligences are conducted upon request to help in the M&A operations. The firm is well experienced in M&A involving listed companies. IKT law firm has assisted a Moroccan insurance company in taking stakes in companies operating in the medical field. The firm is currently assisting an industrial and agriculture company in the opening of its share capital to attract investors including a private equity fund, in its extension project.
Structured Financing, Security:
IKT law firm has got an extended experience in advising local or international finance institutions on finance operations regarding development or industrial projects. The firm has been involved in the financing transaction of the Radisson Blu of Abidjan built next to the Abidjan International Airport. Such assistance implies assisting in the drafting of the term sheet, the finance documents and especially the security package and drafting a legal opinion on the capacity of the borrower and enforceability of the agreement. IKT also provides assistance to private equity funds and asset management companies.
Assisting local banks in their permanent establishment by a rigorous examination of the compliance with the regional rules of the banking activity enacted by the central bank of the WAEMU zone. The assistance also ranges from providing legal advice for non contentious issues to assisting during litigation procedures. One of the partners has been a Board member of Access Bank Côte d’Ivoire, now bought back by Afriland First Bank.
IKT law firm helps its clients by providing regular updates to clients regarding the current tax regulations applicable. All corporate transactions dealt by the firm always include a brief insight of tax implications even though taxation is not the main scope of the assistance required.
Telecommunication, Internet Law & Data Protection:
More and more requests are presented to the team who are specialised lawyers in this field. The firm’s goal is to offer the best legal advice tailored to the needs of the client. Data protection issues are also treated as electronic transactions are developing. The firm is regularly in contact with the telecommunication regulator (ARTCI) for the organisation of seminars and also as a designated DPO. The firm is also a member of the Lexing network.
IKT law firm provides the registration of trademarks and designs, and its assistance in case of copyright infringement and unlawful competition. Copyright/author’s rights legal advice is also requested by clients to be treated by the firm prior to signing related contracts.
The firm has a strong experience in labour law litigations and counselling and is reputated for well handling complex matters. Since July 2015 the firm has been updating its clients on the new labour code of Côte d’Ivoire. Such new regulation implies due diligences of the human resources department of companies to ensure compliance with the new law.
Public Private Partnerships:
With local and international finance institutions, the firm is involved in some major development projects for Côte d’Ivoire — such as the urban train project.
The firm has diverse experience in other areas of law below such as:
■Oil & Gas, Mining, Energy
■Recovery Procedures for Local Or Cross-Border Transactions
■Real Estate & Construction
■Negotiation of Contracts & Arbitration Cases
Clients are either local or international, either organisations or individuals. Mainly financial institutions, industrial companies and business individuals with assets and stakes in diverse locations.