Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Kenya’s first administration ends in liquidation

By Dominic Lawson

10 January 2020

Kenya’s first administration ends in liquidation Nairobi, Kenya / shutterstock.com/Sopotnicki

Creditors of Kenyan supermarket chain Nakumatt have voted to place the company into liquidation, two years after becoming the first company to use Kenya’s administration procedure.