City Research Online

Local public entities in distress: an analysis of the Ugandan approach

Nsubuga, H. J. ORCID: 0000-0001-6902-3575 (2022). Local public entities in distress: an analysis of the Ugandan approach. In: Coordes, L. & Vaccari, E. (Eds.), When Liquidation is not an Option – A Global Study on Local Public Entities in Financial Distress. (pp. 128-138). London, UK: INSOL International.

Abstract

This book chapter examines the legal regime for dealing with local public entities [LPEs] in financial distress in Uganda as one of the developing economies in Sub-Saharan Africa. It analyses the efficacy of the Insolvency Act 2011 as the main legislation governing insolvency proceedings in Uganda, and the absence of a special regime and/or framework for dealing with LPEs, such as governmental parastatals, municipalities, local districts, public hospitals, etc., undergoing financial distress. Case studies are undertaken of two recent LPEs that underwent financial resolution and the role of the state in dealing with such entities.

Publication Type: Book Section
Additional Information: This is the accepted manuscript of a chapter published in When Liquidation is not an Option – A Global Study on Local Public Entities in Financial Distress by INSOL International.
Subjects: D History General and Old World > DT Africa
K Law > K Law (General)
Departments: The City Law School > Academic Programmes
[thumbnail of Hamiisi - LPEs in Distress.pdf]
Preview
Text - Accepted Version
Download (212kB) | Preview

Export

Add to AnyAdd to TwitterAdd to FacebookAdd to LinkedinAdd to PinterestAdd to Email

Downloads

Downloads per month over past year

View more statistics

Actions (login required)

Admin Login Admin Login