Ludwig Smith

Ludwig Smith

Director

Ludwig Smith is a Director in our Corporate and Commercial practice. He advises clients on typical banking and finance transactions in which banks make funding available to their clients. Ludwig also advises clients on the formation of investment vehicles and advises banks and mining companies on tax issues.

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  • Acted for Old Mutual in their demutualisation.
  • Formed South Africa's first collateralised bond obligation fund (known as Kiwane).
  • Acted for Steinhoff International Holdings in the issue of Euro denominated convertible bonds (deal value approximately R3 billion).
  • Restructuring the debt of Blue Financial Services which involved renegotiating the terms of approximately R1,2 billion worth of debt owed by Blue Financial Services to twelve different lenders.
  • Funding agreements between:
  • RMB and Life Healthcare for funding in excess of R3 billion.
  • Standard Bank and Old Mutual Finance for R1 billion.
  • Investec and Royal Bafokeng Holdings for preference share funding of R500 million.
  • The formation of the Housing Impact Fund South Africa, a private equity and debt fund, whose committed capital is R9,150 billion.
  • Chambers Global 2012–2019 ranked Ludwig in Band 1 for banking and finance and in Band 3 for tax.
  • Legal 500 EMEA 2017-2019 listed Ludwig as a 'leading individual' for banking and finance and recommended him for tax. In 2013–2015 he was recommended for banking and finance, and tax.
  • Who's Who Legal 2017 identified Ludwig as a leading lawyer in Banking: Regulatory.
  • Who’s Who Legal 2011 identified Ludwig as a leading lawyer in Banking: Finance and Corporate Tax: Advisory. Ludwig Smith has been named a leading lawyer by Who's Who Legal: Corporate Tax – Advisory for 2017 and 2018.
  • Ludwig Smith has been named one of the world’s leading Banking lawyers by Who’s Who Legal: Banking 2018.

Education

  • B.Com, LLB, University of the Witwatersrand
  • HDip (Company Law)
  • Year of admission: 1982
  • Enrolled with the Legal Practice Council