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
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 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
12.02.2014 NL law Stibbe acts as court appointed trustee in the bankruptcy of Indover bank Experience - Toni van Hees acting as court appointed trustee in the bankruptcy of Indover Bank. The work involves the winding down of the bank including its subsidiaries in Hong Kong and Singapore as well as its branch office in Hamburg, Germany and its rep office in Jakarta, Indonesia as well as litigation against various parties involved, amongst others Indover Banks sole shareholder, Bank Indonesia, the central bank of the Republic Indonesia. Read more Team: Toni van Hees, Job van Hooff
01.12.2012 NL law Stibbe advises Zeeland Seaports on the bankruptcy of Thermphos Experience - Stibbe advises N.V. Zeeland Seaports ("ZSP") on the bankruptcy of Thermphos International B.V. ("Thermphos"), one of the world's largest producers of phosphorus before it was declared bankrupt in November 2012. Read more Team: Toni van Hees, Job van Hooff, Daisy Nijkamp
01.08.2011 NL law Stibbe advised Banco Safra Experience - Stibbe acted as advisor to the Brazilian bank Banco Safra in legal proceedings in relation to the bankruptcy of BenQ Mobile, the mobile phone division of the Taiwanese multinational that was taken over from Siemens and subsequently went bankrupt. Read more Team: Toni van Hees, Job van Hooff
01.10.2010 NL law Stibbe represents Heineken Experience - Stibbe represents Heineken as a major creditor in the bankruptcy of the catering company Plassania. Read more Team: Tim de Greve, Gertjan Boekraad, Cas Michiels
01.10.2009 NL law Stibbe advised Intertrust on the bankruptcy of a former Dutch bank Experience - Stibbe acted as advisor to Intertrust in its capacity as director of the Security Trustee to various securitisation transactions of the former Dutch DSB Bank N.V. on their bankruptcy. Read more Team: Toni van Hees, Job van Hooff
01.08.2007 NL law Stibbe advised on the bankruptcy of a Russian oil company Experience - Stibbe acted as advisor to various parties in relation to the Dutch bankruptcy and Dutch procedural law issues on the bankruptcy of the Russian oil company Yukos. Read more Team: Toni van Hees, Job van Hooff
01.12.2005 NL law Stibbe acted as advisor to the bankruptcy of a former Dutch bank Experience - Stibbe acted as advisor to Van der Hoop bankiers N.V., a Dutch listed company on their bankruptcy in December 2005. This was the first bankruptcy of a Dutch bank in approximately 25 years time. Read more Team: Toni van Hees, Job van Hooff
13.01.2021 NL law The Dutch scheme – Classes and voting Short Reads - 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 (termed the “Dutch Scheme“) – was adopted by the Dutch Senate on 6 October 2020 and will enter into force on 1 January 2021. Read more Team: Job van Hooff, Daisy Nijkamp, Bram Berends
12.11.2020 NL law The Dutch Scheme – high flexibility in plan contents and possibility to affect group guarantees Short Reads - 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“) – was adopted by the Dutch Senate on 6 October 2020 and will enter into force on 1 January 2021. In previous blogs we have summarised when the Dutch Scheme can be used, who can make use of the initiative, and what action is required. Read more Team: Job van Hooff, Daisy Nijkamp, Ellen Vintges
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
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
05.01.2021 NL law Restructuring and Insolvency in the Netherlands Articles - Dutch insolvency law is constantly evolving. Read more Team: Job van Hooff, Sophie Beerepoot
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
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
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
24.11.2020 BE law Webinar: Intellectual Property Rights and Insolvency Proceedings Speaking slot - Agoria, Belgium’s largest sectorial employers’ federation of technology driven companies, patent office V.O. and Stibbe jointly organise a webinar on the main aspects of insolvency proceedings and their impact on intellectual property rights. Read more Team: Philippe Campolini, Pieter Wouters, Ignace Vernimme
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
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
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