In the ever-shifting landscape of corporate titans, where success can turn into failure in a flash, there is a tale as old as business itself. It is a narrative of corporate governance teetering on the edge of financial stability – a tale of missteps that would make even the most agile acrobat cringe. The corporate […]
And the Verdict Is? Grim Reading for Distressed Companies
It is no disclosure that from both a micro and macro standpoint, global economic forecasts look bleak. The IMF in its recent World Economic Outlook 2023 has described the current international market conditions as fragile, with core inflation expected to continue on an upward trajectory. For developing countries like Kenya, the consequences of runaway inflation […]
It is all about data – credit scoring, expected credit loss & risk-based pricing
In our last Article, we reviewed the deepening impact of technology on businesses and how this can be applied in restructuring and insolvency processes to achieve desired outcomes. We reflected on how AI machines, software and programs can imitate the process of a user by collating data from which it reviews, processes and correlates data […]
A Place in the Queue: Employee Interests in Insolvency
Companies understand the critical component employees play in driving businesses towards success and usually companies pay fair remuneration for services rendered. It is a proverbial concord that allows employees financial stakes in the company. What recourse is available to employees when a company faces distress? Read More