In cooperation with the Dutch association of company lawyers Stibbe hosted a meeting with the topic Insolvency. Illustrated by several practical cases, the lawyers of Stibbe discussed the most relevant developments of bankruptcy law.
The insolvency seminar started with a presentation of Job van Hooff and Daisy Nijkamp.
Job van Hooff and Daisy Nijkamp, Stibbe: “We really enjoyed providing the varied group of NGB members tips and tricks on contracting from an insolvency law perspective and what to do when a company gets into financial difficulties.”
Pre-pack
In the second part of the seminar Toni van Hees and Robbert Jan van der Weijden talked about the developments including pre-pack. With the so-called pre-pack, the court will be approached and asked to appoint the trustee as a silent administrator before the bankruptcy is filed. With aid of the silent administrator, a restart can be prepared peacefully. And when the insolvency is declared, a restart can be implemented immediately.
Toni van Hees and Robbert Jan van der Weijden, Stibbe: “A lot of developments take place in Dutch insolvency legislation including the introduction of the pre-pack in the Bankruptcy Act which could not be left undiscussed during a seminar for the NGB members with the topic ‘Insolvency’.”
Next to the presentation, the Dutch association of company lawyers
presented series V about insolvency and restructuring written by the Stibbe (Job van Hooff, Toni van Hees, Daisy Nijkamp, Robbert Jan van der Weijden, Reinout de Boer, Marieke Palstra, Derek Sietses, Thijs Oosterink and Tirza Cramwinckel). All members of the NGB will receive this special edition.
Arnold Brakel, NGB-Chairman: "Stibbe has written series V of the NGB series about insolvency. A practical booklet full of tips and tricks. It will undoubtedly provide our members with tools in their work. We are happy with it."