Banking & Financial Services
Debt Recovery & Enforcement
Efficient recovery of non-performing loans and enforcement of securities is critical to the financial health of any lending institution. Our team has handled hundreds of debt recovery matters of varying complexity, from straightforward demand-and-pay scenarios to heavily contested enforcement proceedings involving multiple layers of security and multiple obligors.
Debt Recovery Services
- Drafting and issuing formal demand notices
- Negotiating repayment arrangements and restructuring agreements
- Instituting civil suits for recovery of principal, interest, and costs
- Obtaining summary judgments and consent orders
- Garnishee applications on bank accounts and receivables
- Appointment of receivers and managers over charged assets
- Asset tracing investigations and Mareva injunctions
Mortgage & Security Enforcement
- Realisation of mortgages over land and buildings under the Mortgage Act
- Foreclosure proceedings and court-ordered sales
- Enforcement of charges over moveable assets
- Registration and perfection of security interests
- Priority disputes between competing creditors
- Debenture enforcement and receivership appointments
- Post-enforcement title clearance and registration
Bank Litigation
When debt recovery disputes escalate to contested litigation, our advocates appear regularly before the Commercial Division of the High Court and the Court of Appeal. We handle all aspects of banking litigation, including defending lenders against allegations of wrongful enforcement, breach of duty, and claims arising from guarantees and indemnities.
Litigation Services for Financial Institutions
- Defence of claims against banks and lenders
- Counterclaims and cross-claims in debt recovery proceedings
- Injunctive relief to restrain dealings in charged assets
- Enforcement of foreign judgments and arbitral awards
- Directors’ and guarantors’ personal liability claims
- Banker-customer disputes over account operation and mandate
Loan Documentation & Transaction Support
Sound loan documentation is the foundation of effective debt enforcement. Our transactional team advises lenders and borrowers on the full suite of financing documents, ensuring legal enforceability and regulatory compliance from day one.
Legal Enforceability
- Facility letters and term loan agreements
- Overdraft and revolving credit documentation
- Syndicated and club lending structures
- Inter-creditor and subordination agreements
Regulatory Compliance
- Mortgage instruments and charges over land
- Debentures and floating charges
- Personal and corporate guarantee documentation
- Security assignment and pledge agreements
Financial Regulatory Compliance
Uganda’s financial sector is regulated by the Bank of Uganda, the Financial Intelligence Authority (FIA), the Capital Markets Authority, and the Insurance Regulatory Authority. Our regulatory team advises financial institutions on licensing, governance, AML/CFT compliance, and regulatory investigations.
Our regulatory team advice
- Bank of Uganda prudential compliance advisory
- Anti-money laundering and counter-terrorism financing (AML/CFT) programmes
- Financial Intelligence Authority (FIA) reporting and investigations
- Licence applications — commercial banks, MDIs, SACCOs, forex bureaux
- Regulatory examination preparation and remediation
- Capital adequacy and liquidity compliance advisory
