Bankruptcy / Debt Recovery
We understand the legal and business ramifications involved when an individual or entity encounters financial difficulties and has to file for bankruptcy or insolvency. We provide innovative solutions.
Our Firm routinely handles bankruptcy, liquidation, asset tracing and debt recovery, insolvency litigation, corporate rescue, equity capital raising and restructuring, winding up and receiverships for various financial institutions, individuals, companies, whether secured and unsecured creditors, trustees, investors, debtors and borrowers.
Our team has a wealth of experience, and keeps our client’s financial interests in mind to provide streamlined result oriented counsel. We advise on the handling of loan defaults,
enforcement of our client’s rights as creditors of insolvent entities. We harness multidisciplinary skills to provide advice on all aspects of restructuring and insolvency, both local and cross-border, as well as critical tax, employment and corporate issues.
We also advise on pre-bankruptcy planning, prosecution and defense of avoidance actions such as fraudulent transfers, voluntary and creditor’s liquidation, bankruptcy discharge and
non-dischargeability actions, alternatives to bankruptcy, legal and strategic advice to loan officers on potential defaulters, garnishments, foreclosures, execution and other methods of
enforcement of judgments. We also assist in disposing of or acquiring assets to protect and preserve value.
Our team are registered Insolvency Practitioners; persons licensed to act as receivers, administrators, liquidators and trustees in insolvency of a company.
Some of the Insolvency, Bankruptcy and Debt Collection work we do includes but is not limited to:
- acting as liquidators during liquidation;
- handling insolvency related litigation and applications to court;
- advising on employment related aspects of insolvency;
- advising on cross border restructuring;
- handling debt recovery including court matters;
- advising on the effect of insolvency on contracts;
- structuring transactions to minimize risk of insolvency.
KATS is part of a larger LEXAfrica Insolvency and Restructuring practice group, which guarantees that we can handle your Bankruptcy, Insolvency and Restructuring Transactions all across the continent of Africa.
For the latest update on the Insolvency and Restructuring legal regimes in Uganda and across Africa, kindly download the Guide to Insolvency and Restructuring for Africa 2018 below: