Kenya has put its insolvency legislation to the test in several cases where various companies, such as Sameer Africa, Mumias Sugar, Kenya Airways, Nakumatt, Karuturi, East Africa Cables, East Africa Portland Cement, Athi River Mining, and Britania Foods Limited, among others, have undergone the rigors of restructuring.
Related Posts
I’m Slipping, I’m Falling,…
Insolvency laws are an essential component for stability in a financial system. They are the foundation for orderly dissolution and reorganization of businesses facing financial distress. Insolvency laws facilitate efficient…
Read more 
Administration-Corporate Resuscitation
In our previous article, we discussed business turn arounds and the need to ensure that business rescue measures are taken quickly once the signs of corporate distress are evident. In…
Read more