Author: Amy Maina
-
CONTRACTUAL CLIFFHANGERS: UNDERSTANDING PROBATIONARY TERMINATION
Article by Ivy Chepkorir Probation is the work world’s “try before you buy deal. “ Both sides get to test the waters, but it’sonly official if it’s written down. Probation is a legal tool used to assess a candidate’s suitability for the position and the business overall. Vital to note is that probation must be…
-
Important Update on Appointment of Administrators Under the Insolvency Act
Author: Gideon Kamau Muturi The High Court of Kenya recently delivered a key ruling in I&M Bank Limited v Mitini Scapes Development Limited KEHC 5491, clarifying the procedure and limitations relating to the appointment of company administrators by debenture holders whose security predates the Insolvency Act (Act No. 18 of 2015). The Key take aways…
-
Legal Alert: Completing an Acquisition of a Licensed Betting Operator in Kenya
Article by; Gideon Kamau Muturi G.K. Muturi & Co. Advocates is pleased to announce the successful conclusion of a 100% acquisition of a licensed betting company in Kenya on behalf of our clients. This transaction underscores that acquiring a betting operator is markedly more regulated and process-intensive than a standard corporate acquisition, particularly regarding licensing…
-
Legal Alert: Court of Appeal Judgement in Kenya Revenue Authority v. David Mwangi Ndegwa Clarifies VAT on Commercial Property.
Article by Gideon Muturi. The Court of Appeal, in Civil Appeal No. 65 of 2019; Kenya Revenue Authority v. David Mwangi Ndegwa, has delivered a significant Judgement regarding the applicability of Value Added Tax (VAT) to the sale of commercial property. This decision overturns the earlier Judgement of the High Court and provides clarity on…
-
Legal Alert: Court Affirms Requirements For Leave In Derivative Claims.
Article By Gideon Muturi assisted by Anita Nyaga Are you aware that as a shareholder, you cannot bring a claim on behalf of a company without first obtaining the court’s permission? This crucial principle was reaffirmed in the recent High Court decision in Simon Njoroge Ndungu vs. Stanley Livondo & David Kiguongo Kanja & 2…
-
Legal Alert: Understanding Estate Planning (Part Two)
Series Created by Gideon Muturi In the first part of our estate planning series, we introduced the foundational concepts, focusing on why estate planning is crucial for everyone, not just the wealthy. In this second part, we delve deeper into wills, exploring their importance, common pitfalls, and how to ensure they serve their purpose effectively.…
-
Legal Alert: Understanding Estate Planning.
By Gideon Kamau Muturi. Planning your estate isn’t just for the wealthy—it’s the key to protecting your assets, reducing disputes, and securing your loved ones’ future.” As Benjamin Franklin wisely said, “In this world, nothing is certain except death and taxes.” Despite this certainty, many people hesitate to discuss estate planning, often seeing it as…