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Crypto-Assets and Insolvency: The Complex Intersection
Crypto-assets are virtual currencies that use cryptography for security and operate on decentralized networks based on blockchain tech
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Sailing through Choppy Waters
In our first article this year, we delved into the factors that will contribute to distress of companies in 2024 and concluded that de
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Environmental Social and Governance (ESG): The Saving Grace in Distressed Times
In recent years, the world has grappled with a cascade of challenges, from a global pandemic that disrupted supply chains to the relen
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Dark Clouds Over Corporate Kenya in 2024
A warm welcome to our first Insolvency Series publication in 2024. We are committed and excited to continue sharing our thoughts and i
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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 ins
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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 remune
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Financing Distressed Companies – be prepared for tough negotiations
As defined in our previous articles, a distressed company is a company facing financial and/or operational stress. The stress manifest
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On Your Best Behavior – Director Duties & Offences in Insolvency
With the backdrop of the Covid-19 pandemic and the onset of a global recession, a great economic crisis looms large. International ins
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Cross-Border Insolvency
The swift advancements in technology, international trade, and the corporate landscape have led to a surge in the number of multinatio
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The Walking Dead – Zombie Companies
Continuing with our Insolvency Series, in this article, we look at zombie companies – what are they and what options are available t
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Loan Covenants – Loved & Hated in Equal Measure
The relationship between a debtor and a creditor is centered on trust, but governed by a loan agreement, a legally binding document. B
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The Misunderstood Profession of Insolvency Practitioners
As the success of any insolvency process is largely dependent on those that administer it, in this article we discuss and evaluate the
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Hedging against debt- related financial loss – Discipline prevails!
Every business incurs some level of financial loss, be it from existing products or services – if competitors offer better solutions
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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
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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
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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 com
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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 incre
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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 re
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A Voice for Creditors in Insolvency
Kenya has put its insolvency legislation to the test in several cases where various companies, such as Sameer Africa, Mumias Sugar, Ke
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Administration-Corporate Resuscitation
In our previous article, we discussed business turn arounds and the need to ensure that business rescue measures are taken quickly onc
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Warning Signs of Financial Distress
Financial distress often arises because of a business having inadequate operating cash flow that impedes its ability to meet obligatio
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Business Turnaround – Take Action Early!
In the fast-paced business world, characterized by shorter business cycles, low barriers to entry, technological disruptions and shift
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NAVIGATING THE LABYRINTH – A Guide to Kenyan Corporate Insolvency
Sometimes companies face difficulties which threaten or cause their continuity and financial status to decline. When a company’s dis