Prestone Wawire | Wamae & Allen LLP

A Sigh of Relief to Financial Institutions! – The High Court Rules That A Charged Property Can Be Sold Below the Forced Sale Value

by Prestone Wawire, Pacifique Muhizi, George Nadio and Denis Mutugi | Oct 25, 2024 | Legal update

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Administrators Permitted to Sell Charged Company Properties under the Insolvency Act

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...

To the High Court or to the Environment and Land Court?

by Prestone Wawire, Kennedy Kithinji and Frankline Otieno | May 7, 2024 | Legal update

The commercial value of land can be derived from its ability to be quantified. This quantification of value has enabled land to be used as a commodity, it can be sold, purchased and leveraged. Accordingly, under the provisions of the Land Act (Cap. 280), land can now...

Regulation of anti-money laundering in Kenya’s Real Estate Sector

by Prestone Wawire and Joshua Ayieko | Apr 17, 2023 | Legal update

A. INTRODUCTION Anti-money laundering (AML) regulations are important in preventing the flow of illicit funds in various sectors of the economy, including real estate. The real estate sector in Kenya has been a target for money laundering activities due to the large...

Redefining the legal threshold for grant of Interlocutory injunctions in cases where Banks are exercising their Right of Redemption

by Prestone Wawire, Caxstone Kigata and Kennedy Kithinji | May 23, 2022 | Legal update

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A Sigh of Relief to Financial Institutions! – The High Court Rules That A Charged Property Can Be Sold Below the Forced Sale Value

Administrators Permitted to Sell Charged Company Properties under the Insolvency Act

To the High Court or to the Environment and Land Court?

Regulation of anti-money laundering in Kenya’s Real Estate Sector

Redefining the legal threshold for grant of Interlocutory injunctions in cases where Banks are exercising their Right of Redemption

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