This book on the Law of Corporate Finance in Kenya, comprising twenty-five chapters, gives a detailed exposition on:
a) Regulation of corporate decisions on the companies’ capital structure, capital raising rules and capital maintenance rules;
b) Legal framework for debt finance in Kenya and the variants of that form of finance, comprising, loans and corporate debt securities;
c) Capital Markets law in Kenya, particularly, equity finance raising in Kenya by companies, firstly, through private placement procedures of venture capital, private equity and crowd funding. Secondly, through issuing equity to the public by initial public offering and secondary equity offering by way of prospectus, and consequential regulation of trading of equity in secondary markets. Thirdly, liability enforcement mechanisms in capital markets for incorrect disclosures in prospectus; and
d) Regulation of finance raising both by National Government at its parastatals, and by County Governments through public private partnerships (PPP), the typical model of project finance in Kenya.