Syokimau developer loses bid block estate takeover in Sh1.3bn debt row
Nairobi, Oct. 8 -- The Court of Appeal has rejected a bid to stop Co-operative Bank from pursuing 10 disputed homes linked to a Sh1.39 billion debt owed by a real estate development company, Loneview Developers Ltd.
A three-judge bench dismissed Mathew Musau's application for an injunction, saying his intended appeal would not be rendered worthless if protection was denied.
Published by HT Digital Content Services with permission from Business Daily....
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