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 & creditors can safeguard their rights. Debt restructuring is a key, and in certain instances superior, option available to a company in financial distress – understanding the various aspects discussed in previous articles shapes the debt restructuring conversation.
