Audrey Naa Dei Kotey
Set-off in Insolvency Contexts
Set-Off under the Corporate Insolvency and Restructuring Act, 2020 (Act 1015) Continuing from our piece on netting arrangements… Insolvency legislations generally frown upon schemes and devises which either have the potential of reducing the assets available to a liquidator in an insolvency or preferring one creditor over the general class of creditors. As a quick…
- Insolvency in Ghana
Audrey Naa Dei Kotey,Esq (FCCA)
bronze Audrey is a bronze memberSenior Attorney at Audrey Grey
Netting Arrangements in Insolvency Proceedings
One of the aims of the Ghanaian insolvency regime is to maximise the returns of the entire creditor class as opposed to benefiting specific creditors. To achieve this, the Act deploys a number of tools. These include the imposition of a moratorium on the commencement, and continuation of court proceedings – including enforcement measures against…
- Insolvency in Ghana
Audrey Naa Dei Kotey,Esq (FCCA)
bronze Audrey is a bronze memberSenior Attorney at Audrey Grey
Supreme Court Affirms Equity As Starting Point for Property Distribution
The Supreme Court in Amoakohene v Amoakohene has affirmed its long-standing position of “equality is equity” as the basis for the distribution of property acquired during the pendency of a marriage. According to the Court, speaking through Dordzie JSC, “properties acquired during marriage are presumed to be jointly acquired and should be shared equally.” But the court…
- Insolvency in Ghana
Audrey Naa Dei Kotey,Esq (FCCA)
bronze Audrey is a bronze memberSenior Attorney at Audrey Grey
The Fate of Employees During Administration
Hello out there. I trust you are in good spirits and have been following this column. We are still on our series focusing on the Corporate Insolvency and Restructuring Act,2019 (Act 1015). As you may well know, there are so many sides to this statute. The aim of this series is to highlight some of…
- Insolvency in Ghana
Audrey Naa Dei Kotey,Esq (FCCA)
bronze Audrey is a bronze memberSenior Attorney at Audrey Grey
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. The ultimate aim behind these write-ups is to throw light how the Act may be of help to companies in distress. So, in this piece, I…
- Insolvency in Ghana
Audrey Naa Dei Kotey,Esq (FCCA)
bronze Audrey is a bronze memberSenior Attorney at Audrey Grey