Albertus Kleingeld

Director

More About Me

Overview And Experience

As the commercial department director, his clients include multi-national corporations, government institutions, non-governmental organisations, and private individuals.

In 2017 Lesotho became the first African country to legalise cannabis for medical purposes, and due to Albertus’ advisory role in this regard, he is today widely considered as a pioneer in this industry both in Lesotho and South Africa. He has advised more than 26 multi-national companies on Cannabis Law, the regulatory framework, and the commercial application thereof.

In 2018, Albertus accepted an invitation to speak at the Diasporic Alliance Conference for Cannabis Opportunities (DECO) in Philadelphia, USA, for the promotion of cannabis opportunities for poor and marginalised black communities. As one of the founding members of the Phekoana Cannabis Association of Lesotho, all the initial meetings of the Association were chaired by him.

He is rated in Chambers and Partners and is described as “a key member of the firm’s commercial and litigation practice group, frequently mandated on corporate governance concerns and court cases. He is also an adept practitioner in Cannabis Law. One client noted: “We find him very helpful and proactive on a lot of things,” while another source described him as “a great guy – I enjoy working with him and his team. He is also valued for his skill in government negotiations.”

Albertus contributes to various publications, including the World Bank’s journals and books issued by the International Monetary Fund.

Albertus Kleingeld, widely known as the go-to commercial lawyer in Lesotho, has an impressive resume. With a passion for Information Technology, Albertus initially launched his career in the IT sector before embarking on a legal career at Debtpack, a joint venture with PriceWaterhouseCoopers, in debt collecting for the Department of Education in the Free State Province of South Africa.

Broadening his horizons in the United Kingdom, Albertus joined the Recruitment and Employment Confederation UK (REC), a leading Trade Organisation representing Employment Agencies as a Corporate Legal Advisor specialising in recruitment and employment law. Here he gained substantial in-house legal experience and discovered the high premium on providing pre-emptive legal support.

Albertus returned to South Africa in 2010 and joined Hattingh Marais Attorneys in Bethlehem as a specialist in civil and criminal litigation.

Experience

Albertus regularly acts as a litigator in the Magistrate’s Court and High Court in South Africa and the High and Commercial Court in Lesotho and advises on commercial and corporate matters, including the formation of corporations. His specialist legal services include Computer and Internet Law, Cannabis Law, Commercial, Corporate, and Business Law. His extensive experience in Lesotho and South Africa spans across various sectors including:
 

  • Mining
  • Telecommunications
  • Insurance
  • Project finance, banking, banking regulation, microfinance and finance
  • Renewable energy
  • Group restructuring
  • Anti-bribery and corruption policies and investigations
  • Preparing loan facilities
  • Financial markets
  • Financial services
  • Financial service providers
  • Consumer and data protection
  • Export credit

Qualifications

  • B.A (Law and Politics) UNISA
  • LL.B (UNISA)
  • Admitted attorney of the High Court of South Africa
  • Admitted attorney of the High Court and Appeal Court of Lesotho

Areas of Expertise

Commercial Law 95%
Corporate Law 92%
Business Rescue 88%

Notable Transactions

Litigation 

  • Advising the Government of Lesotho in respect of the matter pertaining to Fraser Solar
  • Advising Netcare Hospitals in respect to litigation in Lesotho
  • Advising Basil Reed in respect of litigation in Lesotho

Mergers & Acquisitions 

  • Advising Maluti Mountain Breweries in respect of the Coca-Cola Company acquisition

Renewable Energy 

  • Advising the African Development Bank through ENS Africa with regards to the The Neo 1 project, Lesotho’s first public-private, utility-scale solar plant. 

Regulatory matters 

  • Advising Barloworld in respect of the regulatory landscape Lesotho 
  • Advising British American Tobacco in respect of the regulatory landscape in Lesotho
  • Advising Katse Fish Farms with regards to regulatory matters in Lesotho 

Insurance 

  • Advising Alliance Insurance pertaining to various matters
  • Advising TIB Insurance pertaining to various matters
  • Advising Specialised Insurance pertaining to various matters 

Debt security 

  • Advising the EDCON group in respect of finance and re-finance agreements and specifically with regards to security agreements 
  • Advising Letseng Diamonds pertaining to debt restructuring 
  • Advising Mothae Diamond Mine in respect of project finance 

Project Finance 

  • Advising Sanlei pertaining to project finance 
  • Advising the IDC with respect to project finance pertaining to the Protea Hotel 
  • Advising MasterCard on cross-border matters and data protection in Lesotho 
  • Advising the Rosehip Company regards to project finance 
  • Advising the Senqu Holdings regards to project finance 
 
Cannabis 
 
Albertus has advised over 24 Cannabis Companies in South Africa and Lesotho. Some of the notable transactions include: 
 
  • Bophelo Bio Science & Wellness pertaining to the Halo Acquisition 
  • Advising Aphria: Medical Marijuana & Cannabis Oil Canada  in relation to the cannabis regulatory framework in Lesotho
  • Advising the Pension Fund of Lesotho through Mergence Investment Managers with regards to Medigrow/ MG Health 
  • Advising Verve Dynamics in obtaining regulatory approval 
  • Advising Maluti Green-Med pertaining to debt and equity financing 
  • Advising Hempvest Africa with regards to equity funding and corporate finance