This document, “Evaluation of the Efficacy of the Corporate Insolvency and Restructuring Act 2020 (Act 1015) of Ghana: A Comparative Analysis with the Insolvency Legal Framework of the United Kingdom is an academic and analytical study authored by Jennifer Abena Dadzie, a Justice of the Court of Appeal of Ghana.
Published in Amicus Curiae (Summer 2026), this paper provides a timely, critical assessment of Ghana’s evolving insolvency framework.
Abstract
Before 2020, corporate insolvency in Ghana was governed by a liquidation-focused framework under the Bodies Corporate (Official Liquidations) Act 1963 (Act 180), which was criticized for its limited capacity to rescue distressed companies.
The enactment of the Corporate Insolvency and…