Category: Legal Alerts
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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…
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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…
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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.…