
Unveiling the Curtain- Decoding the Fall of Corporate Giants
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

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 Eco

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

If it’s meant to be, it’ll be: AI, Restructuring and Insolvency
In preceding articles, we have discussed incidents that give rise to corporate distress, the various players in the insolvency process

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

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

Cross-Border Insolvency
The swift advancements in technology, international trade, and the corporate landscape have led to a surge in the number of multinatio

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

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

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

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

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

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

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

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

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

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

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

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

Business Turnaround – Take Action Early!
In the fast-paced business world, characterized by shorter business cycles, low barriers to entry, technological disruptions and shift

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