08.09.2020 NL law Stibbe represents HEMA’s management board Experience - Stibbe represented HEMA’s management board in summary proceedings brought by a noteholder seeking to block the implementation of HEMA’s envisaged restructuring. Read more Team: Job van Hooff, Daisy Nijkamp, Bart Stevens, Marko Jovović
03.07.2020 NL law Stibbe advises Rhône Group and The Chatterjee Group Experience - Stibbe advised private equity firm Rhône Group and The Chatterjee Group on the joint acquisition of McDermott International, Inc.’s Lummus Technology Group, a leading licensor of proprietary petrochemicals, refining, gasification and gas processing technologies, and a supplier of proprietary catalysts and related engineering. Read more Team: Michael Molenaars, Eva Das, Reinout de Boer, Paul Vestering, Rein van Helden, Rogier Raas, Floris ten Have, Job van Hooff, Judica Krikke, Rogier van der Struijk, Janneke Müller
29.06.2020 NL law Stibbe advises HEMA’s management board Experience - Stibbe is advising HEMA’s management board on HEMA’s debt restructuring. Read more Team: Job van Hooff, Rein van Helden, Daisy Nijkamp, Ellen Vintges, Jeroen van Eck
20.05.2020 NL law Stibbe advises Dutch State on support to Royal IHC Experience - Stibbe is advising the Ministry of Economic Affairs and Climate Policy on a short-term bridging loan and guarantee facility provided to the leading Dutch maritime player Royal IHC and on the acquisition of Royal IHC. Read more Team: Heleen Kersten, Rein van Helden, Nora Offergelt, Toni van Hees, Manon Cremers, Barbra Bulsing
10.07.2019 NL law Stibbe represents the bankruptcy trustees of Amsterdam hospital MC Slotervaart in dispute with the City of Amsterdam Experience - Stibbe represented the bankruptcy trustees of the Amsterdam hospital MC Slotervaart in proceedings against the City of Amsterdam, centred on the City’s demand that the bankruptcy trustees investigate whether there were any irregularities prior to the bankruptcy. Read more Team: Gertjan Boekraad, Job van Hooff, Wouter den Hollander, Marleen Jonckers
28.09.2018 BE law Paul Van der Putten and Pieter Wouters assist Nyobe NV with its judicial reorganisation procedure Experience - Paul Van der Putten and Pieter Wouters are acting for Nyobe in the context of its reorganisation. Read more Team: Paul Van der Putten, Pieter Wouters
31.10.2017 NL law Stibbe advises Frigoglass Experience - Stibbe advises Frigoglass on the completion of its restructuring proces Read more Team: Maarten de Bruin, Job van Hooff, Rein van Helden, Daisy Nijkamp, Dennis Mollema
31.12.2016 NL law Stibbe represents Supervisory Board members of FC Twente Experience - Stibbe represented members of the Supervisory Board of the Dutch professional football club FC Twente when the club faced financial difficulties in 2016. Read more Team: Gertjan Boekraad, Tim de Greve, Wouter den Hollander, Daphne Rijkers, Monique van der Linden
14.03.2016 NL law Stibbe advises Egeria Experience - Stibbe advises Egeria on the sale of its 40% interest in railroad maintenance company ASSET Rail to Arcadis and Dura Vermeer. Read more Team: Duco de Boer, Ingmar de Groot, Paul Vestering, Erik Verweij
18.08.2015 NL law Stibbe represents CEO of Royal Brinkers group of companies Experience - Stibbe represented the director and sole shareholder of the Royal Brinkers group of companies in a insolvency litigation matter. In 2010, the majority of entities within the Royal Brinkers group went bankrupt as a result of changed market conditions. Read more Team: Gertjan Boekraad, Job van Hooff, Branda Katan, Niels Didden
12.02.2014 NL law Stibbe advises Enerflex Experience - Advising the Canadian company Enerflex Ltd. ("Enerflex"), listed on the Toronto stock exchange ("EFX"), on the sale, partial sale, wind up or combination thereof of Enerflex's service and combined heat and power business in the Netherlands. Read more Team: Toni van Hees, Job van Hooff
12.02.2014 NL law Stibbe acts as advisor to the creditors of Landsbanki Experience - Acting as legal advisor to Dutch local authorities, amongst which the Province of North Holland, and the power company N.V. EPZ in their capacity as priority creditors in the bankruptcy of Landsbanki in Iceland. Currently, Stibbe assists on behalf of the clients BBA Legal Reykjavik in proceedings on the foreign exchange rate that is applicable to the distributions from the bankruptcy estate and Stibbe advises the clients on their role as member of the informal creditors commission of Landsbanki. Read more Team: Duco de Boer, Job van Hooff
26.10.2020 NL law Rechtsmacht bij pauliana: Feniks-arrest leidt tot onvoorzienbaarheid Articles - In het arrest Feniks van 4 oktober 2018 heeft het Europees Hof van Justitie meer duidelijkheid geschapen over de vraag welke rechter internationaal bevoegd is in geval van een actio pauliana. Read more Cas Michiels Junior Associate Amsterdam
18.08.2020 NL law Quarter century bankruptcy settlement and estate debts Articles - To mark the publication’s 25th anniversary, the editors of the Dutch Journal for Insolvency Law have invited Gertjan Boekraad to author an article on how the issue of bankruptcy settlement has developed in legal doctrine over the past quarter of a century. He discusses questions including: what are estate debts, how can they be paid in advance, and what if the assets do not completely cover the estate debts? Read more Gertjan Boekraad Partner Amsterdam
03.06.2020 NL law Restructuring & Insolvency in the Netherlands - 2020 Articles - What duties and potential liabilities should the directors/managers have regard to when managing a company in financial difficulties? Is there a specific point at which a company must enter a restructuring or insolvency process? What are the criteria for entry into each restructuring procedure? Or, what impact does each restructuring procedure have on existing contracts? Read more Team: Job van Hooff, Daisy Nijkamp
28.04.2020 BE law Cease fire on troubled companies! Royal Decree temporarily suspends enforcement Short Reads - Last week Royal Decree No. 15 on the temporary suspension of enforcement measures and other measures during the COVID-19 crisis was published, which created a temporary moratorium whereby any debtor-company is in principle protected against protective and enforcement measures and against being declared bankrupt. Read more Team: Paul Van der Putten, Pieter Wouters
23.10.2020 NL law De schikkende pandhouder Articles - De deur op een kier voor goederenrechtelijke partijafspraken? Read more Team: Marleen Jonckers, Jeroen van Eck
07.07.2020 NL law Wetsvoorstel Wet Homologatie onderhands akkoord aangenomen door de Tweede Kamer Short Reads - Het Wetsvoorstel Wet Homologatie onderhands akkoord (“WHOA”) is op 26 mei 2020 door de Tweede Kamer aangenomen en is momenteel in behandeling bij de Eerste Kamer. De WHOA combineert aspecten van de Engelse Scheme of Arrangement en de Amerikaanse Chapter 11 procedure. Ondernemingen die in zwaar weer verkeren krijgen de mogelijkheid om hun schulden buiten formele insolventieprocedures te herstructureren door een akkoord op te leggen aan (een deel van) de schuldeisers. De verwachting is dat de wet dit najaar in werking zal treden. Read more Team: Job van Hooff, Fons Leijten, Daisy Nijkamp
26.05.2020 NL law ‘Dutch scheme’ adopted by the Dutch Parliament's House of Representatives Short Reads - On 26 May 2020, the Dutch Parliament’s House of Representatives (Tweede Kamer) adopted the Act on confirmation of private restructuring plans (Wet homologatie onderhands akkoord (“WHOA”)). The next step will see the WHOA put to vote in the Senate. Read more Team: Job van Hooff, Daisy Nijkamp
23.04.2020 NL law The Dutch scheme – when can it be used, and by whom? Short Reads - As mentioned in our earlier blog, the Dutch legislator has prepared a bill – the Act on confirmation of private restructuring plans (Wet homologatie onderhands akkoord) – which introduces a framework allowing debtors to restructure their debts outside formal insolvency proceedings (the “Dutch Scheme“). Read more Team: Job van Hooff, Daisy Nijkamp, Bram Berends
18.08.2020 NL law Kwart eeuw faillisementsafwikkeling en boedelschulden Articles - Ter gelegenheid van haar 25-jarig jubileum nodigde het Tijdschrift voor Insolventierecht Gertjan Boekraad uit een bijdrage te schrijven over hoe het recht zich in een kwart eeuw heeft ontwikkeld op het gebied van de Faillissementsafwikkeling. Aan bod komen vragen als: wat zijn boedelschulden, hoe worden zij omgeslagen en hoe wordt een negatieve boedel afgewikkeld? Read more Gertjan Boekraad Partner Amsterdam
18.06.2020 NL law Wetsvoorstel opheffing verpandingsverboden: (mogelijke) impact op de financieringspraktijk Short Reads - Het op 2 juni 2020 bij de Tweede Kamer ingediende wetsvoorstel opheffing verpandingsverboden (het “Wetsvoorstel”) beoogt de bestaande praktijk van het contractueel overeenkomen van verboden of beperkingen van de overdracht of verpanding van geldvorderingen op naam, voor zover die verkregen zijn in de uitoefening van beroep of bedrijf, op te heffen. Na inwerkingtreding van het Wetsvoorstel zullen dergelijke bedingen nietig zijn. In dit bericht een weergave van de (mogelijke) impact op de financieringspraktijk. Read more Team: Rein van Helden, Maarten de Bruin, Nicole Meijs
22.05.2020 BE law International Comparative Legal Guide to Restructuring & Insolvency 2020 - Belgium chapter Articles - The Belgium Chapter of the International Comparative Legal Guide to Restructuring & Insolvency 2020 is online. The publication, authored by Paul Van der Putten and Pieter Wouters, covers common topics in restructuring and insolvency, including issues that arise when a company is in financial difficulties, restructuring options, insolvency procedures, tax, employees, and cross-border issues in 27 jurisdictions. Read more Team: Paul Van der Putten, Pieter Wouters
20.04.2020 NL law Webinar on restructuring of corporate finance and distressed M&A Seminar - The global COVID-19 crisis poses major challenges to many companies, their shareholders and financiers. On Thursday 23 April 2020 from 13.30 to 14.30 (CEST) Stibbe organizes a webinar on restructuring of corporate finance and distressed M&A. Stibbe partners Job van Hooff (Insolvency & Restructuring), Reinout de Boer (Tax) and Duco de Boer (Corporate | M&A) will discuss important issues and developments. Read more Team: Job van Hooff, Reinout de Boer, Duco de Boer