Mergers and acquisitions, popularly known as (“M&A”), refer to the legal and financial processes through which companies combine or transfer ownership interests to achieve strategic, commercial, or operational goals. These transactions allow businesses to expand, diversify, restructure, or improve their market competitiveness. Under Ghanaian law, the principal legislation governing M&A transactions is the Companies Act, …
Insolvency occurs when a business cannot pay its debts on time or when its liabilities exceed its assets. This can arise due to poor financial management, changes in the business environment, or global economic challenges. When a company faces insolvency, it often turns to corporate restructuring as a solution. For more understanding on what insolvency …
Part 1 of 2 — A Two-Part Series on Carbon Credits and ESG in Ghana Introduction This article examines the concept of Carbon Credits within the Ghanaian business landscape and the laws that govern it. As the Environmental, Social, and Governance principles increasingly influence sustainable business and investment decisions, it has become essential for organizations …
AN OVERVIEW OF A CHANGE IN GOVERNMENT IN GHANA FROM A LAWYER’S LENS: EXPLORING THE IMPORTANCE OF CORPORATE GOVERNANCE IN THE PUBLIC SECTOR Ghana is six months into the term of a new President elected by the Ghanaian people, and the country continues to navigate its governance landscape. We are also in the season of …
The insolvency and subsequent corporate restructuring of banks in Ghana marked a pivotal moment in the country’s financial history. Between the years 2017 and 2019, Ghana’s banking sector underwent an unprecedented period of reform which was prompted by widespread regulatory breaches, poor governance, undercapitalization, and unsustainable lending practices. The crisis exposed deep-seated vulnerabilities within the …
Insolvency refers to a business that can no longer pay its debts, typically to its creditors. Creditors are individuals or institutions to whom a business owes money for goods, services, or loans received. A company might experience a significant drop in income due to lost sales, face increased expenses from rising costs of goods or …
In today’s fast-evolving financial landscape, regulatory compliance has become more than just a legal necessity; it is a cornerstone of trust, stability, and sustainable growth. As financial institutions operate in increasingly complex markets, they must navigate a wide range of laws, regulations and international standards designed to safeguard consumers, promote transparency, and prevent financial crimes. …
This article examines the governance structures of various business entities in Ghana, such as Sole Proprietorships, Partnerships, Companies Limited by Shares, Companies Unlimited by Shares, Companies Limited by Guarantee, and External Companies. It offers a comprehensive overview of the governance framework applicable to these business types in Ghana. The objective of this article is to …
THE ROLE OF INSOLVENCY PRACTITIONERS IN BUSINESS RECOVERY. INTRODUCTION In recent years, Ghana has witnessed significant economic growth driven by key sectors including agriculture, energy and mining sectors. However, like many developing economies, the nation faces persistent challenges such as unstable commodity prices, mounting debt levels, and global economic uncertainties, which have worsened financial distress …
Practical Steps In A Corporate Restructuring Transaction In Ghana Introduction Corporate restructuring simply refers to the process in which a company makes crucial changes to its capital structure or operations, usually in financially difficult situations. For a more detailed explanation, refer to our articles on Corporate Restructuring and The Role of The Board in Ghana …
Corporate restructuring is an action taken by a corporate entity to significantly modify its capital structure or operations. This has been further elaborated in our article on What is Corporate Restructuring and the Role of the Board in Ghana authored by our Senior Associate of VINT and Aletheia, Attorneys and Consultants. In Ghana, corporate restructuring, …
As established in the landmark case Salomon v. Salomon, when a company is incorporated, it becomes a separate legal entity with perpetual succession. This means the company continues to exist even if its members or officers leave, due to death or other reasons. However, companies can face challenges and may need assistance to recover and …
