Court Closes Door on Bitature’s Legal Delay Strategy in $10M Debt Battle
In a major blow to businessman Patrick Bitature, the Court of Appeal has rejected what critics are calling a calculated legal move to stall the sale of six prime properties including the upscale Protea Skyz Hotel used as collateral for a ballooning $10 million loan taken a decade ago. Simba Properties and
Patrick Bitature Suffers Another Legal Defeat Against Vantage Mezzanine
City businessman Patrick Bitature has lost yet another court battle against Vantage Mezzanine Fund II Partnership, a South African venture capital firm, in an ongoing debt dispute. High Court Judge Steven Mubiru ruled in favor of Vantage, overturning a previous decision that had awarded the firm 194 million shillings in
