BAT Kenya wins debt fight with distributor
Nairobi, Oct. 21 -- A distributor has failed to overturn a Sh56 million judgment in favour of BAT Kenya Tobacco Ltd after the Court of Appeal ruled that it had admitted owing the money.
A three-judge bench held that an arbitration clause cannot be used as a shield or delaying tactic by a debtor seeking to evade payment of an admitted debt.
Published by HT Digital Content Services with permission from Business Daily....
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