Restructuring
Divergent rescue cultures across East Africa
As insolvency regimes in the region modernise, creditors face materially different approaches to rescue, priority and cross-border proceedings depending on where the debtor sits.
Rita Baguma Birungi
· 8 min read
A secured lender with exposure across three East African jurisdictions does not have one recovery strategy. It has three, and the differences between them are not technical footnotes — they determine whether a rescue is possible, who controls it, and where the lender ranks when it is over.
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