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Alternative collateral to secure a loan

| Debt Finance & Insolvency | No Comments
COMMERCIAL LAW Alternative collateral to secure a loan Collateral under a Loan Agreement Collateral is property -  whether movable or immovable, tangible or intangible - that is offered as security…

Corporate Insolvency in Kenya (Members’ Liquidation)

| Debt Finance & Insolvency | No Comments
COMMERCIAL LAW Corporate Insolvency in Kenya (Members' Liquidation) Insolvency refers to circumstances whereby a company is unable to pay its debts and is described under Section 384 of the Insolvency…

Creditors’ Liquidation – Insolvency

| Debt Finance & Insolvency | No Comments
COMMERCIAL LAW Creditors' Liquidation - Insolvency Creditors’ voluntary liquidation is one where creditors resolve to liquidate the company. It is also one where the liquidation started off as a members’…