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The utility of capital reduction as a means of mitigating financial distress

The utility of capital reduction as a means of mitigating financial distress

by Wamae Allen | Mar 10, 2020 | Legal update

THE UTILITY OF CAPITAL REDUCTION AS A MEANS OF MITIGATING FINANCIAL DISTRESS Capital reduction is the process by which a company’s shareholder equity is reduced through mechanisms such as share cancellations and share buybacks and may be applied towards...
Constitutionality of polygraph test agreements in employment contracts

Constitutionality of polygraph test agreements in employment contracts

by Wamae Allen | Mar 3, 2020 | Legal update

Contracts of employment are tools used to manage the risks of the employer-employee relationship. The employer complies with the provisions of the law while the employee seeks to enjoy the protection of the law by knowing beforehand how to mitigate possible risks....
NEWS ALERT: Notice of temporary closure of nairobi and central registries at ardhi house for auditing of records

NEWS ALERT: Notice of temporary closure of nairobi and central registries at ardhi house for auditing of records

by Wamae Allen | Feb 20, 2020 | Legal alerts

Please note that the Ministry of Lands and Physical Planning has issued a Public Notice on the temporary closure of the Nairobi and Central Registries at Ardhi house effective from Monday, 24th February 2020 to Friday, 13th March 2020 for purposes of auditing all Land...
A Critique of the Public Participation Bill – A case study of the Al Gurhair Case

A Critique of the Public Participation Bill – A case study of the Al Gurhair Case

by Wamae Allen | Feb 10, 2020 | Legal update

Introduction For a long time, the people of Kenya participated in governance indirectly through their representatives in Parliament. This position changed with the 2010 Constitution which for the first time recognized and mandated public officers as well as law making...
Mobile Money lending in Kenya – A Critique of the Financial Markets Conduct Bill, 2018.

Mobile Money lending in Kenya – A Critique of the Financial Markets Conduct Bill, 2018.

by Wamae Allen | Jan 20, 2020 | Legal update

1.0. Introduction For a long time, money lending was a preserve of commercial banks which dominate the Kenyan credit market. Many private individuals as well as Small to Medium-sized Enterprises (SMEs) and big corporations relied on credit facilities from commercial...
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Nairobi Office:
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