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Blog for "bankruptcy"
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Blog 56
- Dutch contract law 30 April 2014 4 min
Directors’ and officers’ liability in The Netherlands: the Beklamel standard
At the time that a director or officer commits a company to an agreement, while he is reasonable aware that he cannot comply with this agreement, this director or officer can be…
- Dutch contract law 11 April 2014 3 min
How to interpret an exit clause in an investment contract?
When parties to an agreement differ of opinion regarding the interpretation of a contract clause, it is often to a judge to decide on the matter. He must however take more into…
- Corporate law in The Netherlands 7 March 2014 3 min
Dissolution procedure of a private limited company in The Netherlands
…different legal procedures. Sometimes, the completion of a bankruptcy will lead to dissolution but more often a company is dissolved by a resolution of the general meeting of…
- Insolvency law in The Netherlands 8 October 2013 3 min
Trustee liable for misinforming buyer in restart in the Netherlands
The Court of Appeal recently found the trustee of a bankrupt company liable for giving wrong information to a buyer in a restart of a company. This despite the trustee’s exclusion…
- Insolvency law in The Netherlands 11 September 2013 6 min
Do’s and don’ts when dealing with a bankrupt client
…administration. Often they only present outstanding bills to the bankruptcy trustee and wait passively what will happen next. In some cases however a creditor has more rights to…
- Insolvency law in The Netherlands 7 March 2013 3 min
How to prevent being declared bankrupt
…specialized in insolvency law to file a petition for bankruptcy. When the court declares the debtor bankrupt a trustee will be appointed who takes care of the liquidation of the…