Restructuring and Insolvency

The authors discuss a recent judgment by the Dutch Supreme Court that extends the right of setoff for banks before and during bankruptcy and suspension of payments.

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Today the Act of 7 June 2023 transposing the EU Restructuring Directive (2019/1023) enters into force.

Here are five steps that corporate borrowers can take to protect themselves against the fall-out of their financing banks’ insolvency.