DENTON Hall is setting up an association with an East African firm in a bid to dominate the emerging energy and finance markets. It is understood
to be the first of its kind by a UK company.
The firm is cementing the move by taking on East African specialist
Charles Morrison, who was previously a litigation partner in insurance,
banking and insolvency at Goodman Derrick for four years. He becomes a
trade finance partner at Denton Hall.
Geoffrey Wynne, head of the trade finance team at Denton Hall, says his
firm is setting up an association with a Tanzanian firm but will not name
it until the deal is finally sealed.
He says: “What we are working towards is an association. We have no
current plans to set up there but the idea is to find a good local firm to
Commenting on Morrison's appointment, Wynne says: “He has had contact with
this local firm for years and the Denton Hall group thought we could
But he stresses that the firm had already begun talks with the Tanzanian
firm before taking on Morrison and the connection was merely a coincidence.
Patrick Swaffer, managing partner at Goodman Derrick, says: “Charles wanted
to specialise in banking and finance work while we really are a media
But he adds: “It was very amicable. I regret Charles going as I liked him.
But it is a sensible commercial decision.” Swaffer says the firm will not
be replacing Morrison.
Denton Hall is already active on the East African coast, specifically in
Mozambique. It also lists Kenyan Power and Light as a client.
Wynne says the area is still relatively untouched by foreign firms with
only Clifford Chance, Cameron McKenna and some US firms having a presence
He says: “There are not going to be that many transactions but there are a
number of key projects there.”
Morrison is a Tanzanian advocate by special licence but Wynne says that
the region practises English common law.