Holding virtual meetings during pandemic

It is said that necessity breeds invention. This statement could not be any truer given what corporations have experienced at the hands of company law in the recent past. Company law—which has been considered a stricter procedural regulation on the processes of convening annual general meetings, declaration of dividends, board attendance, and annual and quarterly […]

Perils of giving false information to your shareholders investors

In an interesting securities litigation case, Tesco Plc, a British multinational company, had allegedly published false information that wooed several investors to make investment decisions concerning its shares. Upon discovery, the investors sued Tesco Plc to claim and recover losses suffered as a result of the false information. That begs the question, to what extend […]

Investor activism crucial to keeping executives on toes

Nothing is quite as infamous as shareholder activism. For corporations, just like in governments, CEOs, directors and other executives get hot under the collar whenever there is unrest within the company’s shareholding structure. This is especially where the activism is geared towards board placements or combing outdoor corporate governance practices that have been traditionally held […]

Court ruling key to future commercial deals and disputes

The Supreme Court of Kenya delivered a monumental decision on the right of appeal against the decision of the High Court under Section 35 of the Arbitration Act. For the longest time, it was held that a decision by the High Court on an arbitral award was final thus no party could appeal to the […]

Curbing corona a litmus test for Kenya economy

Based on a Mervyn King’s book The End of Alchemy there is an anecdote of a young man who was studying theology at Oxford. The man was called to defend his thesis before a panel of eminent priestly figures, chaired by a distinguished philosopher who started by asking him, “Tell me, does God have much […]