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Sadock Magai

Sadock Magai

IMMMA Advocates

Sadock is the Managing Partner, one of the found partners and head of the Banking and Finance practice at IMMMA. Sadock has been consistently voted as leading lawyer by IFLR’s and Chambers and Partners Global.

Sadock has an extensive background in the banking and finance sector having work at the Bank of Tanzania (BOT) as legal counsel for 7 years. Sadock has participated in various assignments, including the drafting of legislation for the liberalization of the banking sector, restructuring of the Bank of Tanzania Act and the enforcement of compliance by banks and financial institutions to the provisions of the Banking and Financial Institutions Act.

Sadock expertise includes transactional banking, corporate finance, debt capital markets, restructuring and receiverships and banking regulatory and compliance. He regularly represents banking institutions, both domestic and international, in secured and unsecured lending transactions including syndicated lending, project finance, personal property security, derivatives and equity finance. Sadock is also an expert on drafting all phases of commercial loan documentation including loan facility agreements, mortgages, debentures, assignments, guarantees and indemnities and security sharing agreements.

Sadock holds a Post Graduate Diploma in Finance from the University of Strathclyde and an LLB (Hons) in Law from the University of Dar es Salaam and he is an active member of Tanganyika law Society, East African Law Society and International Bar Association.

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