Foxcapital Investment Limited has been given 14 days to secure new legal representation after the High Court allowed Nyachoti & Company Advocates to withdraw from its Sh145 billion dispute with KCB Bank (Kenya) Limited. This significant ruling was made by Lady Justice Rhoda Rutto during a court mention held on September 17, 2026. The decision comes after the law firm submitted an application to the court on September 10, 2026, indicating challenges in continuing their representation of Foxcapital.
The firm, through lawyer Phillip Nyachoti, explained to the court that it had faced difficulties obtaining further and sufficient instructions from Foxcapital after KCB filed its response and supporting affidavits. This lack of communication and clarity from Foxcapital prompted Nyachoti & Company Advocates to seek permission from the court to cease their representation of the company in this high-stakes legal battle.
In her order, Justice Rutto stated: “The application to cease acting dated 10th September 2026 is hereby allowed.” This ruling underscores the importance of effective communication between clients and their legal representatives, especially in complex cases involving substantial financial stakes, such as the Sh145 billion dispute with KCB Bank.
Following the ruling, Foxcapital has been granted a 14-day period to regularise its legal representation. This timeframe is crucial as the ongoing dispute with KCB Bank continues to unfold, and the company must ensure that it has adequate legal counsel to navigate the complexities of the case. The financial implications of the dispute are significant, and having competent legal representation will be vital for Foxcapital as it seeks to defend its interests.
The case is set to return to court on October 27, 2026, for further directions on how it will proceed. This upcoming court date will be pivotal in determining the next steps in the legal proceedings between Foxcapital and KCB Bank, as both parties prepare to present their arguments and evidence in what is expected to be a lengthy and intricate legal process. The outcome of this case could have far-reaching implications not only for Foxcapital but also for the banking sector in Kenya, as it highlights the challenges and complexities involved in high-value financial disputes.
