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
Unpacking the Mysteries. An Analysis of Administration of Companies in Kenya
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 […]