by Prestone Wawire, Pacifique Muhizi, George Nadio and Denis Mutugi | Oct 25, 2024 | Legal update
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by Caxstone Kigata and Denis Mutugi | Oct 15, 2024 | Legal update
INTRODUCTION The High Court has juridically pronounced itself that State Corporations are not insulated from garnishee proceedings. Justice Hon. P Mulwa while determining our client’s, Export Trading Company Limited, garnishee application, for the release...
by Virginiah Nduta, Flavious Chepkirui and Denis Mutugi | Oct 7, 2024 | Legal update
Introduction It is a common practice in the business world for Parent and Holding Companies to provide collateral and guarantee support for loan financing to their subsidiaries and sister companies. There are usually no legal restrictions whatsoever on issuing cross...
by Prestone Wawire, George Nadio and Denis Mutugi | Aug 1, 2024 | Legal update
“Based on the above law, and in the absence of evidence to the contrary, I am of the view that the actions carried out by the administrator fell within his mandate. Further, I am not aware of any bar in law that prevents the Bank from pursuing the provisions of the...
by Caxstone Kigata, Denis Mutugi and George Nadio | May 15, 2024 | Legal update
Loading... Taking too long? Reload document | Open in new tab Download [491.25 KB] “Bankruptcy laws were never meant to protect fraudsters rather genuine people who have been hit by factors such as harsh business environment and unavoidable business calamites. The...
