English Point Marina back in court in loan battle with KCB

A photo of English Point Marina that has been seized by KCB over a 5 billion shilling debt. [Denis Kibuchi, Standard]

Mombasa-based English Point Marina Beach Hotel has gone back to the Court of Appeal, arguing that the takeover by KCB Bank over Sh5 billion loan was in contravention of commercial court orders.

In an application filed under a certificate of urgency, the hotel argues that although Court of Appeal lifted the orders of Justice Dora Chepkwony issued on July 12, it did not suspend her earlier orders issued on June 7.