279 results Restructuring and Insolvency in the Netherlands Dutch insolvency law is constantly evolving. In their article in GRR’s Europe, Middle East and Africa Restructuring Review 2020, Job van Hooff and Sophie Beerepoot address a few topics and discuss their relevance for national and foreign debtors. Stibbe advises Unifiedpost Group SA/NV Stibbe advised Unifiedpost Group SA/NV and the selling shareholders (PE Group NV, Smartfin Capital NV, Mr. Michel Delloye and EJF Funding DAC) on their successful private placement of EUR 252 million, followed by an initial listing on Euronext Brussels. Stibbe represents HEMA’s management board Stibbe represented HEMA’s management board in summary proceedings brought by a noteholder seeking to block the implementation of HEMA’s envisaged restructuring. Stibbe advises Basic-Fit Stibbe assisted Basic-Fit, Europe’s largest and fastest growing fitness chain, in its placement of 5,333,333 new ordinary shares through an accelerated bookbuild offering. Restructuring & Insolvency in the Netherlands - 2020 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? ‘Dutch scheme’ adopted by the Dutch Parliament's House of Representatives 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. International Comparative Legal Guide to Restructuring & Insolvency 2020 - Belgium chapter The Belgium Chapter of the International Comparative Legal Guide to Restructuring & Insolvency 2020 is online. Authored by Paul Van der Putten & Pieter Wouters, it covers key topics across 27 jurisdictions. Stibbe advises Dutch State on support to Royal IHC 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. Perpetual securities not considered equity for Dutch corporate income tax purposes In a decision of Friday 15 May 2020, the Dutch Supreme Court confirmed that fixed-to-floating rate perpetual equity securities (“perpetual securities”) should not be considered a “participation loan” (deelnemerschapslening) for Dutch tax purposes. Under D Stibbe advises Rhône Group and The Chatterjee Group Stibbe advised private equity firm Rhône Group and The Chatterjee Group on the joint acquisition of McDermott International, Inc.’s Lummus Technology Group. Stibbe advises HEMA’s management board Stibbe is advising HEMA’s management board on HEMA’s debt restructuring. Financial Regulatory – Update Q1 2021 Traditionally, 1 January (and 1 July) each year is a date on which new Dutch financial regulations enter into force. This year, the amendments to the Dutch Financial Supervision Act are relatively few, but other developments are worthy of attention. Stibbe advises Catella Real Estate AG Stibbe advised Catella Real Estate AG on its second acquisition in Luxembourg: a 14,000m² office building in the emerging office district of Howald, which is almost fully let to Saint-Paul Luxembourg media group. The Dutch scheme – highlights of the 10 judgments rendered to date On 1 January 2021, the Act on confirmation of private restructuring plans (Wet homologatie onderhands akkoord, the "Dutch Scheme") came into effect. How certain elements of the Dutch scheme may (or may not) affect ISDA Master Agreements 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. EU Regulator’s response to the Reddit rally A massive stock market rally recently suddenly developed with respect to GameStop’s shares, a moribund chain of video game stores in the United States. The instigators: users of the investment forum r/wallstreetbets on Reddit. Quarter century bankruptcy settlement and estate debts 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 Commission adopts banking package in response to COVID-19 pandemic The European Commission adopts a banking package to bolster lending amid COVID-19, urging banks to utilize EU frameworks fully. It includes Interpretative Communication and "quick fix" amendments to banking rules. Pagination Previous page Page 3 Current page 4 Page 5 Page 6 Next page
Restructuring and Insolvency in the Netherlands Dutch insolvency law is constantly evolving. In their article in GRR’s Europe, Middle East and Africa Restructuring Review 2020, Job van Hooff and Sophie Beerepoot address a few topics and discuss their relevance for national and foreign debtors.
Stibbe advises Unifiedpost Group SA/NV Stibbe advised Unifiedpost Group SA/NV and the selling shareholders (PE Group NV, Smartfin Capital NV, Mr. Michel Delloye and EJF Funding DAC) on their successful private placement of EUR 252 million, followed by an initial listing on Euronext Brussels.
Stibbe represents HEMA’s management board Stibbe represented HEMA’s management board in summary proceedings brought by a noteholder seeking to block the implementation of HEMA’s envisaged restructuring.
Stibbe advises Basic-Fit Stibbe assisted Basic-Fit, Europe’s largest and fastest growing fitness chain, in its placement of 5,333,333 new ordinary shares through an accelerated bookbuild offering.
Restructuring & Insolvency in the Netherlands - 2020 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?
‘Dutch scheme’ adopted by the Dutch Parliament's House of Representatives 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.
International Comparative Legal Guide to Restructuring & Insolvency 2020 - Belgium chapter The Belgium Chapter of the International Comparative Legal Guide to Restructuring & Insolvency 2020 is online. Authored by Paul Van der Putten & Pieter Wouters, it covers key topics across 27 jurisdictions.
Stibbe advises Dutch State on support to Royal IHC 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.
Perpetual securities not considered equity for Dutch corporate income tax purposes In a decision of Friday 15 May 2020, the Dutch Supreme Court confirmed that fixed-to-floating rate perpetual equity securities (“perpetual securities”) should not be considered a “participation loan” (deelnemerschapslening) for Dutch tax purposes. Under D
Stibbe advises Rhône Group and The Chatterjee Group Stibbe advised private equity firm Rhône Group and The Chatterjee Group on the joint acquisition of McDermott International, Inc.’s Lummus Technology Group.
Stibbe advises HEMA’s management board Stibbe is advising HEMA’s management board on HEMA’s debt restructuring.
Financial Regulatory – Update Q1 2021 Traditionally, 1 January (and 1 July) each year is a date on which new Dutch financial regulations enter into force. This year, the amendments to the Dutch Financial Supervision Act are relatively few, but other developments are worthy of attention.
Stibbe advises Catella Real Estate AG Stibbe advised Catella Real Estate AG on its second acquisition in Luxembourg: a 14,000m² office building in the emerging office district of Howald, which is almost fully let to Saint-Paul Luxembourg media group.
The Dutch scheme – highlights of the 10 judgments rendered to date On 1 January 2021, the Act on confirmation of private restructuring plans (Wet homologatie onderhands akkoord, the "Dutch Scheme") came into effect.
How certain elements of the Dutch scheme may (or may not) affect ISDA Master Agreements 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.
EU Regulator’s response to the Reddit rally A massive stock market rally recently suddenly developed with respect to GameStop’s shares, a moribund chain of video game stores in the United States. The instigators: users of the investment forum r/wallstreetbets on Reddit.
Quarter century bankruptcy settlement and estate debts 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
Commission adopts banking package in response to COVID-19 pandemic The European Commission adopts a banking package to bolster lending amid COVID-19, urging banks to utilize EU frameworks fully. It includes Interpretative Communication and "quick fix" amendments to banking rules.