Shellomith Irungu

Shellomith Irungu

Partner | ALN Kenya | Anjarwalla & Khanna

Physical Address:

ALN House, Eldama Ravine Close, Off Eldama Ravine Road, Westlands, Nairobi, Kenya

Postal Address:

P O Box 200-00606, Sarit Centre, Nairobi, Kenya

Telephone:

+254 20 364 0000

Email Address:

  1. Background

    Shellomith is a Partner in Anjarwalla & Khanna’s (A&K) Banking & Finance department. She had previously worked at A&K for 8 years before rejoining the firm in 2019. Immediately prior to joining A&K, Shellomith was Director and Head of the Banking and Finance department at the ALN Uganda firm – MMAKS Advocates. She has also worked independently as lead legal counsel for Hashi Energy in connection with the disposal of its downstream business in Kenya and as legal adviser to Lake Turkana Wind Power and Elgon Road Developments during their construction of the Lake Turkana wind farm and the Radisson Blu Hotel, Nairobi respectively.

    Shellomith holds a LL.M in International Banking and Finance Law from the University College London and an LL.B from the University of Nairobi. She is admitted to the Kenyan bar and is qualified to be a certified public accountant.

  2. Professional Membership
    • Law Society of Kenya
    • East Africa Law Society
  3. Professional Qualifications
    • LL.M, International Banking and Finance Law (Distinction), University College London
    • Diploma in Law (Bar Course), Kenya School of Law
    • LL.B (Hons.), University of Nairobi
    • Certified Public Accountant (CPA) graduate
  4. Career Summary

    Nov 2019 – Date: Partner, Anjarwalla & Khanna

    Jan 2018 – Jan 2019: Director, Head of Banking and Finance department, MMAKS Advocates

    Apr 2016 – Dec 2017: Lead Legal Counsel, Hashi Energy Limited

    Feb 2016 – Sept 2016: Legal Adviser, Elgon Road Developments Limited

    Apr 2015 – Feb 2016: Legal Adviser, Lake Turkana Wind Power Limited

    Apr 2011 – Jul 2011: Associate (Secondee) Stephenson Harwood, London

    Oct 2005 – Sept 2013: Pupil to Senior Associate, Anjarwalla & Khanna

  5. Top Matters
    • Acting as local and coordinating counsel to Standard Chartered in connection with a USD 265 million facility to Bharti Airtel (International) Netherlands B.V. and its subsidiaries in Africa.
    • Advising Standard Chartered Bank, a leading Kenyan bank, in connection with the applicability and enforceability of the International Swaps and Derivatives Association (ISDA) and Global Master Repurchase Agreement (GMRA) in Kenya.
    • Advising Coöperatieve Rabobank U.A., one of Netherlands’ largest banks in terms of total assets, represented by Rabobank Kenya representative office in connection with a USD 12.2 million term, revolving and derivatives facilities to Star Bright Holdings (Star Bright), the parent company of three horticultural companies that operate over twenty flower farms across five different countries, and Marginpar B.V. (Marginpar), a vertically integrated Dutch-based horticultural company owning and operating seventeen flower farms across Kenya, Ethiopia, Netherlands, Tanzania and Zimbabwe, including coordinating the Kenyan, Mauritian and Dutch work streams.

    Prior to joining A&K, Shellomith advised on the following matters:

    • Acting for Hashi Energy, then the fifth largest oil marketing company in Kenya, in connection with the disposal of their downstream business.
    • Acting for Lake Turkana Wind Power in connection with their internal restructuring process during the construction phase of the Lake Turkana wind farm as well as on employment and contractual matters.
    • Acting for Elgon Road Developments, the company charged with the construction of the Radisson Blu Hotel in Nairobi in connection with various contractor claims and debt and equity restructuring.
    • Acting for Societe De Promotion Et De Participation Pour La Cooperation Economique S.A (PROPARCO) and Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V (FMO) in connection with their USD 30 million senior unsecured loan to Development Finance Company of Uganda.
    • Acting for PROPARCO and FMO in connection with a USD 40 million financing to Sugar Corporation of Uganda for the construction of a hydropower plant.

    In her time at A&K, Shellomith advised on the following transactions  amongst others:

    • Acting as local counsel for United States International Development Finance Corporation (USIDFC formerly OPIC) in connection with its financing of the Wananchi Group to the tune of USD 72 million.
    • Acting as legal counsel for IFC in connection with its financing of the Spencon Group, including preparing and reviewing loan and security documentation and providing local law advice in connection with the transaction.
    • Acting as legal counsel to a consortium of six local lenders (Bank of Africa, Barclays Bank, CfC Stanbic Bank, Diamond Trust Bank, NIC Bank and Prime Bank) in connection with the USD 50 million facility to Nakumatt Holdings, then the largest FMCG company in Kenya, with operations in East Africa.
    • Acting as the local counsel for Standard Chartered Bank Dubai, UAE, in connection with a bond and guarantee facility to Spencon Services for purposes of providing bid bonds in connection with the borrower’s construction and engineering services.
    • Acting for Fortis Bank in connection with its USD 20 million financing of petroleum purchases by Triton Energy Kenya.
    • Acting for RVR and its affiliates, the railway company which has been given a 25 year concession by the Kenyan and Ugandan Governments to operate rail services in Kenya and Uganda respectively, in connection with the loan of USD 181 million granted by seven local and international lenders including IFC, KfW, FMO, AfDB and Equity Bank.
    • Undertaking a detailed due diligence for Allied Technologies of South Africa in connection with its acquisition of a controlling stake in Kenya Data Networks, a leading full service digital communications data operator in Kenya; Swift Global Kenya, a leading internet service provider in Kenya and Tanzania; and Infocom which offers broadband, internet and IT services in Uganda.

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