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Blog 56
- Insolvency law in The Netherlands 14 October 2025 2 min
Is the trustee responsible for someone else’s belongings?
…terminates a lease agreement pursuant to Article 39 of the Bankruptcy Act (Faillissementswet) must clear the rented property. This means, among other things, that they must remove…
- Insolvency law in The Netherlands 30 September 2025 4 min
Will I also be reimbursed for my reduction-of-working-time days (ADV days) if my employer goes bankrupt?
If an employer goes bankrupt, the UWV ensures that employees receive their (outstanding) wages for a certain period under the wage guarantee scheme. Disputes may arise about which…
- Insolvency law in The Netherlands 25 September 2025 5 min
The trustee may not requisition a vessel owned by the insolvent party
…party was the owner of the vessel at the time of the bankruptcy declaration. This is an unusual ruling, because an owner can normally determine what happens to […]
- Corporate law in The Netherlands 27 January 2025 4 min
Preparing and Filing Annual Accounts: What Are the Rules for the NV and BV?
Contents of the Annual Accounts The annual accounts typically consist of the following: A balance sheet, including explanatory notes; A profit and loss account, including…
- Insolvency law in The Netherlands 22 November 2023 3 min
Temporary Turbo Liquidation Transparency Law enters into force
The Temporary Turbo Liquidation Transparency Act came into effect (for a period of two years) on Wednesday 15 November 2023. The main aim of the law is to increase transparency in…
- Corporate law in The Netherlands 13 June 2023 5 min
Liability of Supervisory Board Members
When does Internal liability arise? Norm It is the supervisory board’s duty to supervise the executive board and the general course of business in the company/organization. A…
- Dutch liability law 1 July 2021 2 min
Joint and several liability for board members of associations and foundations from 1 July 2021
From 1 July 2021, associations and foundations have to comply with the new Management and Supervision (Legal Entities) Act (Dutch WBTR). In this blog, liability-law lawyer Marleen…
- Insolvency law in The Netherlands 28 January 2021 4 min
The first WHOA decisions are a fact
…creditors and shareholders in the event of an impending bankruptcy. Conditions include […]
- Insolvency law in The Netherlands 28 January 2021 7 min
First rulings based on the Court Confirmation of Extrajudicial Restructuring Plans Act (Wet Homologatie Onderhands Akkoord or WHOA)
…reorganise companies in financial difficulties outside bankruptcy by obliging creditors (and other stakeholders) to cooperate in a private compulsory settlement. In the meantime,…
- Insolvency law in The Netherlands 5 November 2020 4 min
1st January 2021 is the day; the WHOA is coming
…cooperate on a private compulsory settlement outside of bankruptcy. The WHOA will enter into […]