A Parent Company and its Subsidiary: Liability and Corporate Separateness-Piercing the corporate veil
A parent company is a corporation that owns and controls another company, referred to as its subsidiary. This relationship arises in one or more of the following ways: By acquiring...
Understanding Life Interest in Succession Law in Kenya
Life interest arises in cases of intestacy—that is, when a person dies without leaving a valid will—and is survived by a spousewith or without children. The Law of Succession Act...
Equal in Death: Section 29(c) of Law of Succession Act Struck Down
In a landmark decision rendered by the High Court in Dennis Kivuti Mungai v. Attorney General, the Court declared Section 29(c) of the Law of Succession Act (Cap 160, Laws...
Understanding Limited Liability Partnerships (LLPs) in Kenya
Limited Liability Partnerships (LLPs) represent a hybrid legal structure that combines the operational flexibility and tax benefits of a partnership with the limited liability features of a company. In jurisdictions...