Introduction In Ghana, lending transactions are primarily regulated by the Borrowers and Lenders Act, 2020 (Act 1052). Section 85 of Act 1052 defines a lender as any person who “enters into a credit agreement with a borrower”. In effect, anyone who provides a credit facility, a...
The fashion industry in Ghana is a thriving and growing sector, with a wide range of businesses involved in the design, production, and distribution of fashion products. Although dominated by small and medium-sized enterprises (SMEs), there are quite a number of large and established businesses...
On the 26th of October, 2023, B&P ASSOCIATES, Lawyers & Consultants hosted an intimate fundraising cocktail at our offices dubbed, “Painting in Pink-contributing to the fight against breast cancer”. It was a night of participatory art, poetry and music with the highlight of an auction. The central...
Has your country enacted legislation to deal with the financial difficulties of institutions that are considered' too big to fail'? Although there is no special legislation to address financial difficulties in large institutions, the CIRA may apply to these companies where the relevant sector-specific legislation does...
[gallery size="large" ids="21313,21314,21315,21316,21317"] Adelaide Benneh Prempeh, our Managing Partner was an Award recipient at the Ghana Association of Restructuring and Insolvency Advisors (GARIA) Presidents Awards and Dinner Gala held in Accra on the 11th of November 2023. The Award was conferred in recognition of her technical work...
In the words of Stella Young, “My disability exists not because I use a wheelchair, but because the broader environment isn’t accessible”. As a disabled person myself, this quote resonates with my reality. I am visually impaired in a way that inhibits my ability to read...
“… Plaintiffs who have interest in the property have the capacity to take steps to protect the property irrespective of them not having the property vested in them. The executors abandoned their duties over 30 years ago, justice demands that anyone who has interest in...
Studies have shown that during the holidays, there is an increase in medical cases. In the thick of celebrating, where a person becomes unwell, the question arises- would you rather visit a medical facility for care or call a friend who is a medical professional...
Share purchase: In a share purchase, it is not necessary to identify all assets and liabilities of the target that will be included or excluded. This makes the process potentially less complex. There is also no need to register a change in title to assets such as...
Introduction It is trite law that tax is a creature of statute and a debt to the government1. Thus, it can only be imposed by an Act of Parliament. Morse and William2 explained that a tax is a compulsory levy imposed for the purposes of providing public...