Legal

Impact of Administration on Asset owners against background of a house
Impact of Administration on Asset Owners
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Impact of Administration on Asset Owners Leasing companies and landlords – most especially, often get jittery when a company is placed in administration. Unlike the creditors who are involved in the administration process, third-party service providers especially those providing leasing...
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Recent Developments in Arbitration in Ghana
Recent Developments in Arbitration in Ghana
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Introduction to Arbitration in Ghana The growth of arbitration in Ghana may be attributed to the oft-cited inherent advantages associated with the dispute resolution method (ie, speed, flexibility, the privacy and the finality of outcomes). However, it may also be...
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set-off in insolvency contexts
Set-off in Insolvency Contexts
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"A set-off in insolvency contexts involves the crossing out of mutual debt obligations between a debtor and a creditor. It can be used in any type of contract; not just financial contracts." Set-Off under the Corporate Insolvency and Restructuring Act,...
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Netting Arrangements in Insolvency Proceedings 1
Netting Arrangements in Insolvency Proceedings
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"Netting arrangements in insolvency allow parties to a qualified financial contract to consolidate their claims and cross out their mutual obligations."   One of the aims of the Ghanaian insolvency regime is to  maximise the returns of the entire creditor...
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NewsPaper
Things to Know About the Corporate Insolvency and Restructuring Act III
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Things to Know About the Corporate Insolvency and Restructuring Act (3) In April 2020, the Corporate Insolvency and Restructuring Act, 2020 came into force. Since then, I have been throwing some insight into the architecture and workings of the Act. ...
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Things to Know About the Corporate Insolvency and Restructuring Act II 2
Things to Know About the Corporate Insolvency and Restructuring Act II
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Things to Know About the Corporate Insolvency and Restructuring Act II   In April 2020, the Corporate Insolvency and Restructuring Act, 2020 came into force. Since then, I have had a number of people ask me about what exactly the...
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Things to Know About the Corporate Insolvency and Restructuring Act 2020 (I) 3
Things to Know About the Corporate Insolvency and Restructuring Act 2020 (I)
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Things to Know About the Corporate Insolvency and Restructuring Act 2020 (Act 1015) I In April 2020, the Corporate Insolvency and Restructuring Act, 2020 came into force. Since then, I have had a number of people ask me about what exactly...
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Directors’ Responsibility and the Recent SAA Judgment 4
Directors’ Responsibility and the Recent SAA Judgment
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Directors’ Responsibility and the Recent SAA Judgment   For those who follow this column closely, I am sure you may be wondering why I am going back on a topic that I have already discussed and dealt with in some...
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trading
Directors Liability for Insolvent Trading
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Directors Liability for Insolvent Trading Companies leave behind several obligations that are unmet in the event where they fold up or cease to operate. Typically, many who engage with companies on life support do so without any knowledge of the...
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Ghana has a New Corporate Restructuring and Insolvency Act 5
Ghana has a New Corporate Restructuring and Insolvency Act
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Ghana has a New Corporate Restructuring and Insolvency Act !!!!!!   Ghana and the world as a whole have hit hard times. Businesses especially are struggling to stay alive. Termination of employee contracts and default on financial and business-related obligations...
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