LAW SOCIETY OF KENYA
4th October 2014
LSK INTERNATIONAL ARBITRATION & CONVENTION CENTRE
As you may recollect on 27th September 2014 during the Special General meeting, a resolution was passed on LSK International Arbitration & Convention Centre. One of the requests by members was for a comprehensive statement of the status of the project including the feasibility study.
Before we could compile the statement, on 1st October 2014 some members issued a press conference opposing the move by The Law Society of Kenya to develop and establish the LSK International Arbitration and Convention Centre. The grounds as advanced by the said lawyers were indicated as:-
The project is not viable and that the Society risks being attached for defaulting in repayment of the intended loan.
The Council has expended a sum of Kshs. 27 million on the project before “ground breaking”.
The arbitration centre being located in Nairobi will not reduce case backlog and that “arbitration is very expensive and its doubtable that Kenyans will resort to it”.
That the Special General Meeting held on 27th September 2014 had a handful of members, it was stage managed and that the resolutions were passed in violation of the regulations.Add a comment Add a comment