New book set to strengthen Kenya’s corporate insolvency practice

Former President Court of Appeal Justice Daniel Musinga ,Sammy Ndolo, Managing Partner at Cliffe Dekker Hofmeyr (CDH) and Law Society of Kenya Eric Kivuva launch the Corporate Insolvency Law book authored by Sammy Ndolo./HANDOUT Kenya’s corporate insolvency landscape has received a major boost following the launch of Corporate Insolvency Law, the country’s first comprehensive publication…

IBC Moratorium Operates Against Corporate Debtor Alone; No Bar On Deciding Consumer Complaint Against Directors: Supreme Court

While granting relief to homebuyers stuck in a real estate dispute, the Supreme Court has held that the moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC) operates against the corporate debtor alone and no other category, whether it be any subsidiary company, manager/ director, or personal guarantor, can be added to it unless specifically…

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Scottish family-run restaurant in HMRC court liquidation

A petition against Café Gandolfi Limited, of Albion Street, was presented to Glasgow Sheriff Court for His Majesty’s Revenue and Customs in April. Now a liquidator of the company was appointed. Liquidator appointed to restaurant after HMRC court action (Image: Gordon Terris) Colin Murdoch, an insolvency practitioner at Murray Stewart Fraser, was appointed liquidator, according to a…

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