The Court of Appeal has dismissed an application by Cape Holdings Ltd, allowing the auction of the 14 Riverside complex in Nairobi to proceed next week. This follows a decade-long legal battle over a debt that has escalated significantly.

• The property, which hosts the Dusit D2 hotel, is set to be auctioned over a debt now amounting to Sh10.7 billion.
• Key entities involved include Cape Holdings Ltd (the owner) and Synergy Industrial Credit Ltd (the creditor).
• The appellate court rejected an interim order to stop the sale, stating that the issues have been litigated up to the Supreme Court.