Heineken has provided a Sh250 million bank guarantee in favour of distributor Maxam Limited in a row over Sh1.7 billion award for breach of the right to distribute its products in the country.
Beer maker Heineken has provided a Sh250 million bank guarantee in favour of Kenyan distributor Maxam Limited in a row over Sh1.7 billion award for breach of the right to distribute its products in the country.
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The dispute stems from the termination of a distributorship agreement in January 2016, for which the courts found Heineken liable…
The Court of Appeal has ordered Heineken to deposit Sh250 million as security in a dispute with Maxam Ltd over a Sh1.7 billion…
The Dutch brewer lost the initial dispute after the courts held that it was liable to compensate Maxam for terminating the…
The dispute stems from a bill of costs filed by a law firm seeking Sh189m for legal services.
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