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Kenya > Law firm and leading lawyer rankings
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Legal market overview
Kenya has suffered from political instability and disappointing economic performance, leading to a slowdown in foreign investment and a series of corporate failures. The nation faced a constitutional crisis in 2017 with the courts overturning a general election due to allegations of corruption and voting manipulation. Droughts have also significantly impacted its crucial agricultural sector. The difficult environment has not been kind to the legal sector, but law firms have demonstrated robustness in the face of tough challenges and many have chosen to look beyond Kenya for roles elsewhere. In this regard, Anjarwalla & Khanna is ahead of the market through its Africa Legal Network and its especially close association with ATZ Law Chambers in Dar es Salaam. Bowmans too works closely with colleagues in Dar es Salaam and Kampala, and benefits from the African firepower and extensive resources of Bowmans in Johannesburg and Cape Town. Moreover, Bowmans expanded its international expertise with the hire of Stephen Matthews, the former head of banking at Allen & Overy LLP in Moscow. He is one of a number of top international lawyers that have decided to practice in Kenya, where the legal regime is based on English law.
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Legal Developments in Kenya
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Court of Appeal Sounds Warning to Kenyan Banks Over Title Deed Forgery Syndicate
The Commercial Bank of Africa Ltd ( CBA ) has obtained a conservatory order at the Court of Appeal in Nairobi ( the Court ) restraining the Cooperative Bank of Kenya Ltd ( Co-op Bank ), Equity Bank Ltd ( Equity ), the Chief Land Registrar and other named Respondents from disposing or dealing in any way with a property in Riruta ( the Property ) pending the hearing and final determination of an intended appeal from the decision of the Environment & Land Court allowing Co-op bank to exercise its statutory power of sale as a first chargee of the Property. -
The Unclaimed Financial Assets Act: Revisited
Prior to the enactment of the Unclaimed Financial Assets Act No.40 of 2011, (“the Act”) unclaimed financial assets were left under the control of the various holders or such entities where such assets were held. With the operation of the Act, all entities are required to report, trace and deposit any unclaimed financial assets with the Unclaimed Financial Assets Authority (the “Authority”). -
Creating a Bigger Pie or Golden Handcuffs? Employee Share Ownership Plans in Kenya
A substantial number of companies have recently installed employee share ownership plans (ESOP) . Little is known, however, about how such arrangements work. -
Competition Authority Dawn Raids: A Survival Guide
1. Legal Context -
Blockchain Technology and its Role in Real Estate Transactions
The growth and popularity of blockchain technology is at an all-time global high and does not appear to be slowing down anytime soon. Courtesy of the versatility of its use and application, blockchain technology may have a newfound utility in the future management and registration of land transactions in Kenya. This is according to ICT Cabinet Secretary, Joe Mucheru. -
The African Continental Free Trade Area: Towards Increasing Intra-African Trade
Introduction -
Land Information Management System (LIMS)
The Ministry of Lands is mandated to administer land through efficient administration, equitable access, secure tenure and sustainable management of land resources. -
Creating a Bigger Pie or Golden Handcuffs? Employee Share Ownership Plans in Kenya
Tips to Consider When Setting Up an Employee Share Ownership Plan -
Revenue Sharing: A General Overview, its Benefits and Shortcomings in Leasing Malls and Retail Shops
Revenue sharing is the use of profits to enable separate actors develop efficiencies or innovate in mutually beneficial ways. There are many ways the revenue sharing concept is structured with the objective being sharing of revenue profits and losses between various parties. Revenue sharing is practiced widely in sports, manufacturing industries, advertising industries, private companies and malls/retail shopping centers. The International markets are embracing the concept of revenue sharing or turnover rent. -
Flying Commercial Drones Now Legal in Kenya
On 6 th October 2017, the government published the Civil Aviation (Remotely Piloted Systems) Regulations, 2017 which provide the legal framework for the use of Remotely Piloted Aircraft Systems, popularly known as drones in Kenya. Entrepreneurs and investors therefore have the opportunity to tap into a market which a PwC report estimates to be valued at over USD 127 Billion globally in such sectors as infrastructure, agriculture, transport, security, mining, security, media and entertainment amongst others. Already, African countries such as South Africa, Morocco, Cameroon, Rwanda and Malawi are exploring drone enterprises in these sectors.
Press Releases worldwide
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Bär & Karrer Advises Banque Cantonale de Genève on the Placement of CHF 135 Million Additional Tie
Banque Cantonale de Genève successfully completed the placement of CHF 135 million perpetual additional tier 1 subordinated bonds. The additional tier 1 subordinated bonds were issued at 100% of their nominal amount with an interest of 1.875%. Banque Cantonale de Genève, UBS AG, Bank Vontobel AG and Bank J. Safra Sarasin acted as Joint Lead Managers. -
Shortlisted as Law Firm of the Year – Malta and Cyprus
We are proud to announce that Michael Kyprianou & Co LLC has been shortlisted as the Law Firm of the Year – Malta and Cyprus in the IFC Awards 2020. -
International law – From drafting contracts to conducting litigation
International law is no longer confined to regulating relations between states. Today, it also plays an increasingly important role in business and private law. -
Foyen has assisted in the sale of IGDB (Internet Game Database)
16 October, 2019 -
Foyen – member of the BIM Alliance
17 October, 2019 -
GOLAW has successfully defended the interests of a large renewable energy investor in Ukraine
GOLAW has successfully represented the interests of Vita Solar LLC – one of the leading investors in the Ukrainian renewable energy sector, a subsidiary of the Canadian company TIU Canada.- GOLAW -
Stranded Sailors Waited 28 Months for this Day
A three-year stand-off involving 40 sailors and eight vessels off the UAE belonging to the same company has ended. It followed a long legal battle that saw the Federal Transport Authority (FTA) take action against Dubai-based Elite Way Marine Services. Effective June 6, 2018, the FTA banned the company from all commercial activities and also from operating in the UAE ports and waters. -
Bär & Karrer Advised the Sellers of 3 Plus Group
The owners of 3 Plus Group sold the Swiss broadcasting group to CH Media, one of the largest media companies in Switzerland. Bär & Karrer acted as legal advisor to the sellers in this transaction. -
Ogier named offshore law firm of the year at the Asian Legal Business Awards
Ogier has been awarded its fourth major industry award this year after being named Offshore Law Firm of the Year at the Asian Legal Business Hong Kong Law Awards 2019.- Ogier -
Ogier in Luxembourg advises Usiminas on the listing of US$750 million notes on Luxembourg Stock Exch
An Ogier team in Luxembourg led by Fabien Debroise working alongside Nicolas Milles and Caleb Holder has advised Usiminas, a South American based steel producer, on its USD750 million listing of bonds on the Euro MTF of the Luxembourg Stock Exchange.- Ogier