Director in the Projects, Energy & Restructuring Practice
DLA Piper Africa
Many countries have introduced insolvency reforms in the recent past, partly in an attempt to enhance their legal frameworks and partly to respond to exigencies stemming from the Covid-19 pandemic.
From a Kenyan perspective, changes to insolvency laws have been made through recent Business Laws Amendment Acts but we also note that a draft Insolvency Amendment Bill, 2020 (“Bill”) was published on the BRS website, and contains some proposals that are worth pondering.
