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Stibbe | Leading independent law firm

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Should you need advice regarding the impact of coronavirus on any aspect of your business, visit this page to find a list of contact persons within our firm who you can contact on various subjects. Here you will also find an overview of publications relating to the coronavirus.

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24.02.2021 NL law
How certain elements of the Dutch scheme may (or may not) affect ISDA Master Agreements

Articles - On 1 January 2021, the legislative framework for court-approved restructurings of debts outside formal insolvency proceedings (hereafter referred to as the ‘Dutch scheme’, or simply, the ‘scheme’) entered into force. Under the Dutch scheme a debt restructuring plan can be submitted to the creditors for voting, whereby a majority can bind a minority within each class of creditors and the competent court has the power to make the plan binding on dissenting classes of creditors.

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