A case for convergence of cross border insolvency legal framework in East Africa: experiences from Kenya and Tanzania

dc.contributor.authorBett, Frankline
dc.date.accessioned2021-09-15T12:03:49Z
dc.date.available2021-09-15T12:03:49Z
dc.date.issued2019
dc.descriptionAvailable in print form, East Africana collection, Dr. Wilbert Chagula Library, class mark (THS EAF KQC 117.B477)en_US
dc.description.abstractThis study examines legal framework for cross border insolvency practice in East Africa based on the experiences of Kenya and Tanzania. The research is premised on the notion that economic integration of the EAC Partner States coupled with globalization has inevitably opened doors for increased cross border insolvencies in Kenya, Tanzania and the EAC at large. Consequently, the study hypothesized that coordinated and efficient cross border insolvency practice is not yet possible in East Africa given that in as much as the Community lacks uniform legal standards on cross border insolvency, majority of the Partner States like Kenya and Tanzania lack effective domestic legislation that governs cross border insolvency. Based on a review of existing literature and information collected from the field, the research concluded that efficient cross border insolvency practice is not yet possible in Kenya and Tanzania. This is because Tanzania lacks express legislative framework providing for cross border Insolvenency while Kenya is yet to take steps to formulate regulations to implement the provisions on cross border insolvency contained in its insolvency Act of 2015. At the regional level, the EAC lacks uniform standards for resolving cross border insolvency cases. The difficulty of cross boarder insolvencies in Kenya, Tanzania and the EAC is attributable to, among others, significant contrasts in the substantive and procedural legal framework followed by the EAC Partner Of Cross Board Insolvency both at national anden_US
dc.identifier.citationBett, Frankline (2019) A case for convergence of cross border insolvency legal framework in East Africa: experiences from Kenya and Tanzania, Masters dissertation, University of Dar es Salaamen_US
dc.identifier.urihttp://41.86.178.5:8080/xmlui/handle/123456789/15584
dc.language.isoenen_US
dc.publisherUniversity of Dar es Salaamen_US
dc.subjectConvergenceen_US
dc.subjectBorder crossingen_US
dc.subjectBankruptcyen_US
dc.subjectLaw and Legislrationen_US
dc.subjectAfricaen_US
dc.subjectEasten_US
dc.subjectKenyaen_US
dc.subjectTanzaniaen_US
dc.titleA case for convergence of cross border insolvency legal framework in East Africa: experiences from Kenya and Tanzaniaen_US
dc.typeThesisen_US
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