Nairobi, Nov. 2 -- The Lake Basin Development Authority (LBDA) and a property developer are locked in a court battle over a Sh475 million arbitration award arising from a dispute over the construction of Lake Basin Mall in Kisumu.

LBDA is seeking permission from the Court of Appeal to file a late appeal challenging a High Court judgment that upheld an arbitral award ordering it to pay Erdemann Property Limited the amount.

Published by HT Digital Content Services with permission from Business Daily....