- Publications & Insights
Paras is a leading corporate and commercial lawyer who has worked on many of Kenya’s most high-profile M&A, capital markets and financing transactions. He is renowned for getting deals done across East Africa by providing unequivocal advice to help his clients navigate complex legal issues.
As part of the Firm’s senior leadership, Paras has also played an important role in building and fostering economic ties with clients and ILFs in the UK, India, Dubai, and Japan and in Africa.
He uses his 25 years of experience to get under the skin of every client he works with, to ensure his advice is always tailored to their specific needs and risk appetite. He helps his clients transform their businesses through IPOs, takeovers, listings and public-private partnership (PPP) transactions.
As Managing Partner of our Nairobi office, he directly manages teams of expert lawyers from across our offices to deliver a seamless cross-border service. Clients receive the best legal advice, delivered in a way that ensures efficiency and results.
He works with local and multinational companies, family businesses, financial institutions, state owned entities, and institutional investors. He acts as their trusted advisor working closely with them to understand their commercial needs and future objectives and guiding them locally with his vast local experience and contact base.
- Paras has an LLB from King’s College London, a Diploma in Legal Practice (with distinction) from the College of Law in the United Kingdom, a Diploma in Management from Henley School of Management, and a Postgraduate Diploma from the Kenya School of Law. He has also attended an executive law firm management course at Harvard Law School.
- English-qualified solicitor;
- Advocate of the High Court of Kenya; and
- Qualified Certified Public Secretary in Kenya.
Jurisdictions in which transactions worked on: Kenya, Uganda, Rwanda, Tanzania Ethiopia, South Africa, Dubai, India, Germany, and United Kingdom.
Paras has advised:
- Amethis and Naivas in relation to the sale of a 40% stake in Kenya’s largest retail chain, Naivas to IBL.
- Safaricom PLC on its market entry into Ethiopia.
- The Government of Kenya in relation to a number of sovereign bonds and privatisations.
- Linde Group on the sale of its controlling stake in BOC Kenya Limited (a listed company).
- Allianz on its acquisition of a controlling stake in Jubilee Insurance’s general insurance business in Kenya, Uganda, Tanzania, Burundi and Mauritius.
- Rubis Energie S.A.S (France) on its USD 420 million take-over of KenolKobil PLC (NSE listed), a pan-African downstream oil company and the subsequent delisting of KenolKobil PLC.
- Tullow PLC on its upstream oil exploration project in Northern Kenya and midstream crude oil pipeline project in Kenya.
- African Legal Awards: Paras received the Partner of the Year Award for East Africa, 2023.
- Chambers and Partners: Band 1 for Banking & Finance (2016 to 2023); Band 1 for Corporate/ M&A (2015 to 2023); Band 2 for Real Estate (2019 to 2023), prior to that in Band 3 for the same category (2016 to 2018; and in Band 3 for his work in Projects and Energy (2018 to 2023).
- IFLR1000’s Financial and Corporate Guide: Highly Regarded (2018 to 2022) for work in Capital markets, Project development, Banking and M&A, particularly within the Energy, Transport, Real Estate and Social Infrastructure Sectors.
- Legal 500: Leading Individual for Banking, Finance and Capital Markets, Kenya (2016 to2023), Commercial, Corporate & M&A (2018 to 2023) and Real Estate and Construction for 2023.
- ILO: Client Choice Award for corporate counsel in Kenya.
‘They have the ability to think out of the box and come up with unique solutions. Paras Shah is the standout partner along with Joyce Karanja.’
‘Paras Shah is reliable, efficient and dynamic.’ – Legal 500, 2023
Publications & Insights
- GHR Beyond – Africa Edition: Kenya
- Africa: M&A in Key Jurisdictions – Bowmans report on current trends published
- Non-listed Public Banks can now hold virtual general meetings
- Convening General Meetings for public listed companies during Covid 19 pandemic: Bowmans Unlocks Conundrum
- Overview: An analysis of the Tax Laws (Amendment) Act, 2020
- Convening Public Company General Meetings during the Covid-19 crisis
- COVID-19: The Kenya Government’s Economic Stimulus
- COVID-19: Impact on Businesses and Investments in Kenya
- The Law of Contract (Amendment) Bill, 2019
- The interest rate cap is no more…
- The Law of Contract (Amendment) Act, 2019
- Petroleum Act, 2019 is now in force
- New Energy Act embraces Renewable Energy
- Parliament extends the period for consideration and approval of Land Regulations and Wildlife Conservation Management Regulations by 6 months
- Banking 2018: Roundtable
- Who’s Who Legal: Banking 2018 Roundtable
- Next-generation Africa-GCC Business Ties in a Digital Economy
- Revised Kenya-India double taxation agreement comes into force
- Legal Week: Global M&A Guide 2017
- Africa Business Communities: Brexit Article
- Arabian Business: Why Gulf Investors Keen on Kenya
- Kenya in prime position to attract more investors
- Obama Boost for Africa
- Healthy pipeline should see deals pick up in Africa