By
Joseph Wangui
Correspondent
Nation Media Group
The High Court has ordered Kenindia Assurance Company Limited to pay Mombasa Cement Sh1.64 billion over a collapsed blending silo and lost profits, ending a 12-year legal dispute.
The company held machinery and loss-of-profits insurance policies with Kenindia, valid from December 31, 2010 to December 31, 2011.
By
Joseph Wangui
Correspondent
Nation Media Group
The High Court has ordered Kenindia Assurance Company Limited to pay Mombasa Cement Sh1.64 billion over a collapsed blending silo and lost profits, ending a 12-year legal dispute.

The High Court has ordered Kenindia Assurance to pay Mombasa Cement Sh4.2 billion in an insurance dispute over a collapsed silo…

Court records show that on May 12, 2006, the heater slipped from a crane and fell to the ground while being loaded at the…

The company is seeking damages totalling Sh900 million, comprising Sh600 million in general damages and Sh300 million in…

EADB has lost a 23-year bid to recover Sh1.3 billion after court ruled it failed to justify the loan’s escalation.

Keroche has lost a court bid to stop a labour award to former managing director Sam Shollei, with the debt now exceeding Sh75…

The High Court ruled that the fruit processor could not recover compensation from Kenya Railways after its insurer had already…