Dutch law firm AMS advises Eroglu on Mexx restart

Dutch law firm AMS advises Eroglu on Mexx restart

Yesterday was announced that the fashion brand Mexx, which went bankrupt in December of last year, has been taken over by Turkish retailer Eroglu. A team of AMS, headed by Marco Guit and Hidde Reitsma advises Eroglu in this transaction. Eroglu owns 700 stores in 38 countries, during the restart. During a restart after bankruptcy the assets are purchased with an assets transaction of the trustee.

Prior to the transaction, there’s often fierce negotiations going on. In order to make a restart successful, the restart itself needs to occur shortly after the bankruptcy. Needless to say this was an urgent matter.

More information on the Mexx restart:

You can find more information Mexx’s restart here:

Hidde Reitsma - Advocatenkantoor AMS Advocaten
Hidde Reitsma Hidde has a varied consultancy and litigation practice, focusing on corporate law and insolvency law. He frequently acts in proceedings before the Enterprise Chamber of the Court of Appeal in Amsterdam and in cases on directors’ liability. Hidde also advises on drawing up and negotiating contracts, mergers and acquisitions and joint ventures. Follow Hidde also on Google or LinkedIn. Hidde is available via e-mail and +31 (0)20-3080315.
More in Insolvency law in The Netherlands
Directors’ and officers’ liability in bankruptcy due to breach of accounting obligation

When a private company goes bankrupt, the directors and officers can be held liable for all debts of the bankruptcy....

Close