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

Book chapter

Nsubuga, H. 2022. Local public entities in distress - an analysis of the Ugandan approach. in: Coordes, L., Vaccari, E. and Marique, Y. (ed.) When Liquidation is NOT an Option – A Global Study on Local Public Entities in Financial Distress INSOL International. pp. 347-361
Chapter titleLocal public entities in distress - an analysis of the Ugandan approach
AlternativeUganda
AuthorsNsubuga, H.
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.

Page range347-361
Book titleWhen Liquidation is NOT an Option – A Global Study on Local Public Entities in Financial Distress
EditorsCoordes, L., Vaccari, E. and Marique, Y.
PublisherINSOL International
ISBN
Electronic978-1-907764-33-2
Publication dates
PrintNov 2022
Publication process dates
Deposited28 Apr 2022
Submitted02 Mar 2022
Accepted02 Apr 2022
Output statusPublished
LanguageEnglish
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