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9TH FLOOR, WILLIAMSON HOUSE, 4TH NGONG AVENUE, PO BOX 40111-00100 NAIROBI, KENYA
Tel:
Work +254 2028 41000
Fax:
Fax +254 20 273 4667
Email:
Web:
www.kaplanstratton.com

Ruth Kirunga

Tel:
Work +254 20 2841000
Email:
Kaplan & Stratton Advocates

Work Department

Corporate Commercial

Position

Partner

Career

Ruth is a qualified Kenyan advocate and a partner in the Corporate/Commercial department since 2016. Clients have commended her as being ‘responsive and thorough’. She advises clients on a wide range of corporate/commercial matters ranging from: legal due diligences and forensics; mergers, acquisitions and joint ventures; loan financing arrangements including aircraft financing and project finance and infrastructure; capital markets; drafting and reviewing commercial agreements; and advising and assisting clients with business establishment in Kenya. Ruth’s client portfolio comprises of local and international banks, developmental financial institutions, local and international corporate clients and foreign investors looking to establish a business presence in Kenya.

Ruth also advises on overseas aircraft leasing companies and overseas banks on aircraft leases, registration of aircraft mortgages, registration and de-registration of aircrafts in Kenya, realisation of securities and repossession of leased aircraft and Kenya tax provisions applicable to aircraft and equipment leases, drafting aircraft leases for local companies, drafting aircraft mortgages for local banks.

Some of the notable transactions she has advised on include: advising on the financing of Kenya Airways by African Export-Import Bank as mandated lead arranger; advising L’Oreal SA (the world’s largest beauty products manufacturer) on a multi-billion shilling acquisition of InterConsumer Products Limited’s health and beauty business; advising on the issue of KES3 billion medium term note programme on the Nairobi Stock Exchange to finance The Company for Habitat and Housing in Africa, “Shelter-Afrique”.

Languages

English
Kiswahili

Member

Law Society of Kenya

Education

2010 Kenya School of Law Qualifying Examinations
2008 Moi University: LL.B Honours


Kenya

Banking and finance and capital markets

Within: Banking and finance and capital markets

Kaplan & Stratton Advocates has a large and multi-skilled team that covers most finance products. It is β€˜above all other firms in Kenya in terms of quality’, according to one client that emphasises its β€˜excellent service’, while another notes its expertise with Asian clients and its β€˜commercially oriented advice’. The team advised Victoria Commercial Bank on a series of capital raising exercises including a rights issue, private placement, employee stock ownership plan (ESOP) issue and a bonus issue. Oliver Fowler and Binti Shah are β€˜real stars’ who β€˜understand the commercial aspects’, β€˜offer solutions’ and β€˜know exactly what middle ground would work for both sides of the table’. Ruth Kirunga is an β€˜up and coming star’, β€˜diligent’ and β€˜hardworking’. Mahesh Acharya is recommended for capital markets deals.

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