Sufficiency of “Terms & Conditions” Notices on Receipts
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IntroductionThis advisory seeks to examine whether the mere inclusion of “Terms & Conditions” or a reference such as “Terms & Conditions website.com” on a receipt is legally sufficient to bind the parties to the provisions therein, or whether the complete text of the terms must be incorporated within the document. Terms & Conditions may be defined as special or general...
Antitrust Law: Multijurisdictional Product Withdrawal
We assessed, and offered strategic representation of a multinational company on how best to go about a piece of its product that it was keen on withdrawing from the Kenyan market. Our engagement involved advising on the regulators to engage, aspects about the regulators needs and engaging the regulators on what is vital for purposes of efficiently addressing their needs.
While one...
Models for Share Sale and Transfer of a Company
The primary models of corporate entity acquisition are usually through share or asset acquisition. Various factors influence the decision to settle on either of the two. In this write-up, the focus is on acquisition through shares, as discussed below.
1. Completion Accounts
In this model, the parties initially agree on an estimated sale price and upon completion, the “completion...
Competition (Amendment) Bill, 2024
Introduction
The principal object of the Bill is to amend the Competition Act (Cap. 504) (“The Principal Act”). These amends aim to strengthen the Legal Framework governing market dynamics with an emphasis on digital markets, to enhance consumer protection in Kenya. The Bill aims at redefining critical terms, introducing new terms, proposing forward-thought provisions as well as erasing...
Exclusions/ Exemptions for Merger & Acquisitions Transactions
Mergers and acquisitions (M&A) are processes that lead to the birth of new entities through the combination of two business entities into one, which is more effective and efficient than the two former companies that were independent. In these transactions, financial benefits are accrued to the owners of the original companies. M&A is a vital element of corporate expansion strategies,...

