The Insolvency Act of 2015 transformed the legal insolvency regime in Kenya by providing a legal framework, that could help ailing companies recover and maintain themselves as going concerns through administration. In our previous article, we discussed how administration can be used as a lifeline for troubled companies to turn their fortunes around where it […]
Debt Restructuring – Tough Decisions!
Continuing with our Insolvency Series, in this article we discuss debt restructuring – what is it, how to go about it and how to increase the chances of a successful restructuring. To date, our Insolvency Series has addressed signs of financial distress, business turnaround process, how to navigate Kenya’s insolvency laws and how best debtors […]
I’m Slipping, I’m Falling, I’ve Got to Get Up: Helping the Debtor in Insolvency
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 reallocation of capital locked in failed businesses. Read More