Jackie Pennington

Summary Profile

Jackie Pennington is a Director of our Finance and Banking practice. She specialises in acquisition finance transactions, project finance and structured finance and also has extensive experience in litigation.

Career

Jackie began her career as a Candidate Attorney at Marie-Lou Bester Attorneys in 1997. In 1998, Jackie joined Dogulin Shapiro and Da Silva as an Associate. Jackie moved to Sampson Okes Higgins in 2001 as a Director. In 2003 she took a position at Moss Morris. From 2004 she was a Partner at Tugendhaft Wapnick Banchetti &Partners. Jackie joined Cliffe Dekker (now Cliffe Dekker Hofmeyr) in August 2007 as a Director.

Education

• BA LLB, University of the Witwatersrand
• Year of admission: 1999

Memberships

Law Society of the Northern Provinces

Experience

• Acted as counsel for the lender in an equity financing transaction to assist a BEE entity to acquire shareholding in MB Technologies.
• Acted as counsel for the lender in an equity financing transaction to assist a BEE entity to acquire shareholding in Sasol.
• Acted as counsel for the lender in respect of acquisition finance and related facilities (including factoring facilities) required for a management buy-out of the Robor business from Barloworld.
• Acted as counsel for two financial institutions co-bidding to provide financing required for party bidding to acquire the Edcon Group; thereafter advised financial institution on the finance documents executed in respect of the Edcon transaction in order to assist in the decision to participate in the transaction as an accession lender in the revolving credit facility and the receivables backed facility.
• Acted as counsel for the lender in an acquisition finance transaction to assist acquisition by Halberg (an international entity) of the foundries division of Murray & Roberts.

Market Recognition

• IFLR1000 - Guide to the World's Leading Financial Law Firms 2010-2011 lists Jackie as a leading lawyer in Banking and Project Finance.