The Legal 500

Legal Developments worldwide

• Demystifying the Holding of Purchase Price On Stakeholders Basis

  The bone of contention between parties when selling or purchasing any piece of land is to whom the Purchase Price (deposit and/or balance) shall be paid pending transfer of the property into the purchaser’s name.
  - Muthaura Mugambi Ayugi & Njonjo Advocates

• Surviving Tough Times: Is a Scheme of Arrangement

  The Solution?
  - Muthaura Mugambi Ayugi & Njonjo Advocates

• 6 Quick Points on Mergers in Kenya

  Mergers and Acquisitions is an interesting and vibrant practice that is emerging in Kenya. It is reported that Kenya ranked 4th overall in Africa after South, Nigeria and Ghana as the most sought after country for foreign investors for mergers with local firms/companies. The following is a brief write up on mergers in Kenya
  - Muthaura Mugambi Ayugi & Njonjo Advocates

• Plastic Bags Ban in Kenya: A Gold Mine of Opportunities

  The ban
  - Muthaura Mugambi Ayugi & Njonjo Advocates

• Keeping disputes out of Court…Mediation gaining ground in Kenya

  When you hear Alternative Dispute Resolution commonly referred to as ADR, the first thought that comes to mind is settling a dispute outside the Courtroom, which is correct. The typical ADR processes include: Arbitration, Negotiation, Mediation and Conciliation. It would be great to enlighten you on all four processes but the focus of this article will be Mediation.
  - Muthaura Mugambi Ayugi & Njonjo Advocates

• Linking your Business to the eCitizen Portal

  With the introduction and recent operationalization of the Business Registration Services (BRS) by the Companies Registry, all applications relating to:
  - Muthaura Mugambi Ayugi & Njonjo Advocates

• Legal Development: The National Land Commission (Investigation of Historical Land Injustices) Regula

  The Constitution of Kenya mandates the National Land Commission ("Commission") to initiate investigation on its own initiative or on a complaint into historical land injustices and recommend appropriate redress.
  - Muthaura Mugambi Ayugi & Njonjo Advocates

• Bankrupt Spouse What You Need to Know

  Bankruptcy is a legal method of eliminating debt and providing a means for debt oppressed people to obtain a ‘fresh start’. Simply put bankruptcy means the elimination of the debt one owes to the creditor
  - Muthaura Mugambi Ayugi & Njonjo Advocates

• Creditors’ Rights: Possible Recovery Avenues for Creditors

  Introduction
  - Muthaura Mugambi Ayugi & Njonjo Advocates

• Disclosure Of Beneficial Ownership Of Companies: Implications For Private Equity

  The Financial Action Task Force on Money Laundering (FATF) [1]  through its  Recommendation 24  on transparency and beneficial ownership of legal persons, calls on its member states to take measures to prevent the misuse of legal persons for money laundering or terrorist financing. It provides that countries should ensure that there is adequate, accurate and timely information on the beneficial ownership and control of legal persons.
  - Muthaura Mugambi Ayugi & Njonjo Advocates