Expert Commercial Real Estate Lawyer

Can Lenders not licensed by CBK take security over land?

Kenyan courts have handed down two decisions that  threaten to upend lending practices in the country. A  2019 Court of Appeal decision1 and a 2024 High Court  decision,2 have the unintended consequence of  limiting who can take security over immovable  property.  In April 2024, the High Court followed a 2019 Court of  Appeal decision finding...

How equity enabled recovery of funds held from a collapsed bank — the Quistclose Trust

International trade presents the perfect challenge—exporters will not ship without guaranteed payment, and importers will not pay without guarantee goods are shipped. Of the solutions innovated in response, the letter of credit has become a faithful mainstay. The importer’s bank makes an irrevocable promise to pay the exporter’s bank if certain conditions are met. This...

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