Insolvency law in The Netherlands
Completion of the liquidation due to lack of revenue: the creditor’s position
A creditor can apply for the liquidation of his debtor. Thereupon this liquidation can be completed if the revenue is insufficient to pay th ...
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The first WHOA decisions are a fact
On 1 January 2021, the Court Confirmation of Extrajudicial Restructuring Plans A ...
First rulings based on the Court Confirmation of Extrajudicial Restructuring Plans Act (Wet Homologatie Onderhands Akkoord or WHOA)
The Wet Homologatie Onderhands Akkoord (WHOA) came into effect on 1 January 2021 ...
1st January 2021 is the day; the WHOA is coming
On 6 October 2020, the Court Confirmation of Extrajudicial Restructuring Plans A ...
Completion of the liquidation due to lack of revenue: the creditor’s position
A creditor can apply for the liquidation of his debtor. Thereupon this liquidati ...
Directors’ and officers’ liability for a creditor’s claim in case of unjust expedited liquidation
If there are no more assets (revenue) present in the event of the dissolution of ...
The “WHOA” – a forced scheme of arrangements under Dutch law – is coming soon!
Last summer the Court Approval of Private Composition Bill (“Wetsvoorstel Homolo ...
What are the statutory periods for lodging an objection in the Netherlands, and when is an extended objection period applied?
In the Netherlands, persons or companies that are declared bankrupt can lodge an ...