SAL & Caldeira provides broad services (legal, tax and financial) from its offices in Maputo, Tete and Beira. Its legal team is most renowned in the mining sector and the firm has been busy recently advising the government on draft legislation for a new mining law....
[more]
SAL & Caldeira provides broad services (legal, tax and financial) from its offices in Maputo, Tete and Beira. Its legal team is most renowned in the mining sector and the firm has been busy recently advising the government on draft legislation for a new mining law.
One mining client highly recommends Sam Levy: "On a level of advice, Levy is probably the leading expert in oil & gas law in Mozambique, when he gets on the phone it could be a New York lawyer or a partner of a magic circle firm, and frankly in sub-Saharan Africa it is amazing." "You have to know everybody and he does," says another client, "you need to deal with a bunch of contacts: oil companies, the Ministry of Energy, there is a whole bunch of admin to do and Sam's team has been fantastic with this, diligently working through documents and digging around."
According to another client, "legislation is often full of grey areas and it's very difficult to give coherent answers but they do the best of a bad job". A partner of a global firm says: "You think you have a problem then your client tells you that Levy is on the case, you just relax and know that everything is going to happen."
The firm won significant mandates from foreign investors, advising one on the local law aspects of a $3.9 billion takeover offer for a company controlling coal concessions in Mozambique, and another in negotiations for a $180 million mining contract with the government.
The firm was also advising a foreign investor on a $150 million project for commercial property and eco-tourism project and helped a group of financiers on a $60 million equipment leasing transaction.
[hide]