Every business incurs some level of financial loss, be it from existing products or services – if competitors offer better solutions; new products or services – if not well thought out or are too far ahead of market demand; new business ventures – be it via failed acquisitions or failed entry into new market segments […]
Uncovering the Real Culprit behind Corporate Distress: Company-Specific Factors or Operating Environment?
For our 10th Insolvency Series installment, we take stock of where we are with respect to the state of private businesses in Kenya. We assess the state by reviewing recent business trends. Armed with an appreciation of the trend and going by publicly disclosed names of companies in distress, we offer our high-level view on […]
UNPACKING THE MYSTERIES PART 2 – The Place of Secured Creditors in Insolvency
Following our last article which analyzed administration of companies in Kenya, we received a couple of questions from our readers on the place of secured creditors in insolvency. In this piece, we address their questions on the privileged position of secured creditors in insolvency. Read More