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Case Study details
Fund Manager Recovery Claim
Successful Arbitration for Recovery of Investments
This arbitration involved a claimant seeking to recover KES 120,000,000 invested in Chase Bank (Kenya) Limited and Imperial Bank Limited, both of which were placed in receivership. The legal team, including Ms. Atim, successfully defended the fund manager, dismissing claims to the extent of KES 100,000,000.
Name: Ms. Atim
Categories: Arbitration & Investment Recovery
Location: Kenya
Date: Arbitration Proceedings
Status: Successfully Resolved
Duration: Several Months
Challenges of this Case
The case involved a high-value arbitration where the claimant sought full recovery of investments totaling KES 120,000,000 in banks that had gone into receivership. Challenges included complex financial documentation, multiple parties involved, and the need to carefully manage legal defenses to minimize the client’s exposure.
- Complex financial and banking documents to review and validate.
- Coordination with receivership authorities and multiple stakeholders.
- Ensuring client’s liability was minimized while defending against high-value claims.
- Negotiating an outcome acceptable to all parties within arbitration framework.
Results of this Case
The arbitration concluded with a favorable outcome for the fund manager, successfully dismissing claims up to KES 100,000,000. The legal team ensured proper management of financial documentation, stakeholder negotiations, and procedural compliance, resulting in a successful resolution that protected the client’s interests.
Relevant Partner Experiences
- Representation in high-value investment recovery arbitration claims.
- Successfully defended fund manager against claims totaling KES 120,000,000.
- Expertise in financial and banking sector disputes, including receivership coordination.
- Management of complex legal documents and negotiations to ensure favorable settlements.
- Additional experience in corporate insolvency, arbitration, and commercial dispute resolution.