Court orders buy-out in fight over firm founded on friendship

Author: Sam KiplagatPublished on: September 22, 2026Country: Kenya
Business & Economy
Court orders buy-out in fight over firm founded on friendship

The High Court declined to liquidate a company founded by former lovers, instead ordering an independent valuation and buy-out of their shareholding. The court found that the breakdown of their relationship had severely impacted the management of the business. This decision aims to resolve the conflict without shutting down the business.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more