Chairman: Mr William Fugar
Managing Partners: Mr William Fugar
Consultant: Prof Albert Fiadjoe
Senior Partner: Mr Larry Otoo
Number of partners: 4
Number of lawyers: 17
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. Although essentially a corporate/commercial practice it has strong legal expertise in diverse areas of law. The firm’s practice areas include but not limited to project finance; investment law; mergers and acquisitions; corporate finance and securities; infrastructure; energy, natural resources, oil and gas: banking and finance; and commercial arbitration, mediation and negotiations (dispute resolution).
Over the last 40 years, Fugar & Company has worked closely with domestic and international corporations, financial institutions, regulators, governments, state agencies and public-sector bodies as to carve a niche for itself as one of the preferred law firm of choice in Ghana.
Professional Work, Specialisation & Experience:
The firm maintains a consistent policy of being responsive to its clients’ needs and in this regard, develops and implements creative solutions to a wide range of legal and business problems. It comes as no surprise therefore that the firm’s lawyers have acquired the reputation for being incredibly practical lawyers who get deals done diligently and efficiently.
Fugar & Company is also a member of DENTONS, the Nextlaw Global Referral Network and the broadest and most innovative legal referral network in the world with over 450-member firms and 25,000+ lawyers across 180 countries.
Company & Commercial
Corporate Finance & Securities
Banking & Finance
Mining & Natural Resources
Oil & Gas/Energy
Labour & Industrial Relations
Privatisation & Divestiture
Property & Conveyancing
Administration of Estates & Probate/Family
Commercial Arbitration (Dispute Resolution)
Main Areas of Practice
Corporate Finance & Securities:
In corporate finance and securities, Fugar & Company offers a wide range of services in equity and debt issues, stock exchange and regulatory work, mergers and acquisitions, restructuring of private or public financial businesses, public offering and private placements, local/international loan finance, syndicated lending and security transactions, joint ventures, technology transfers, negotiation and drafting of various financial documentation e.g. finance leases, loan and security agreements.
Project finance appears to have gained immense popularity in view of the fact that most governments, particularly those of developing countries have come to the realisation that the introduction of private capital is a necessity if such ambitious projects as are desired are to be achieved. Companies in Ghana such as Coca-Cola Company and the Volta River Authority have all successfully utilised project finance for their business activities. The firm was involved in the following:
■ Advised syndicated lenders financing the major oil exploration and production companies presently involved in the exploration of the Jubilee Oilfield offshore and the Offshore Cape Three Points (OCTP) Integrated Oil and Gas Projects in Ghana
■ Advised syndicated lenders who refinanced the financial obligations of major international oil companies in their Petroleum Agreement with the Government of Ghana and the Unitisation Agreement pertaining to the Jubilee Oilfield offshore
In response to the growing needs of international investors, Fugar & Company provides the necessary legal advice and services ranging from advising on Ghanaian investment law and procedures to project planning and documentation.
The firm represents investors in obtaining the appropriate licences from the Ghana Investment Promotion Centre (GIPC) and other governmental agencies. Fugar & Company has been instrumental in and has been an industry leader in the setting up of major investment companies.
Corporate & Commercial:
Fugar & Company has extensive practice in this area and provides a wide range of legal services to the business and financial sectors. The firm provides services such as the incorporation of companies, establishment of branches, liaison and representative offices, negotiation and drafting of various agreements, shareholders’ agreements, share transfer agreements, sale and purchase agreements, management/employment and technical service agreements, agency, distribution and licensing agreements, winding up and project documentation. The firm also provides legal assistance in respect of the restructuring of companies, establishment of various types of businesses, joint ventures, mergers and acquisitions and other forms of commercial collaboration including advice on Chapter 11 recoveries for companies.
Banking & Finance:
The firm is widely recognised for its expertise and sophisticated practice in banking and finance in that it has provided a broad range of legal services primarily to merchant and commercial banks, leasing companies and other financial institutions.
The firm has expertise in the structuring and documentation of loan facilities of all kinds as well as related security packages. The firm has represented its banking clients on many large and complex transactions and have been instrumental in the establishment of banking operations and non-banking financial institutions in Ghana. The firm has experience handling diverse legal issues including dispute resolution pertaining to the banking and financial communities.