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The top five points for corporate borrowers to protect themselves against bank insolvency in Europe and elsewhere

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

Inwerkingtreding WHOA

Op 1 januari 2021 is de Wet Homologatie Onderhands Akkoord ("WHOA") in werking getreden.

BNR: het faillissement van de Amsterdam Trade Bank

Bij BNR’s ‘Onder Curatoren’ vertelt Job van Hooff, curator en partner in Stibbe’s Restructuring & Insolvency praktijk, over de afwikkeling van het faillissement van Amsterdam Trade Bank.

Contractual clauses prohibiting the transferability or pledgeability of business claims could become void in the near future

We discuss a draft bill to declare contractual clauses limiting the transferability and/or pledgeability of claims in business relations void, and call upon the Dutch Senate to reconsider at least its applicability to existing contracts.

Stibbe recognised in the GRR 100 2024

Stibbe has been recognised in the 2024 edition of GRR 100 (Global Restructuring Review) as one of the world’s leading law firms in the field of cross-border restructuring and insolvency proceedings.

Invalidation of agreements entered into by a bankruptcy trustee with the approval of the supervisory judge under Article 69 of the Bankruptcy Act?

The Dutch Supreme Court handed down a judgment on 15 Dec 2023 clarifying whether agreements entered into by a bankruptcy trustee with the approval of the supervisory judge can be affected by an application under Article 69 of the Dutch Bankruptcy Act.

Dutch tax insights in debt restructuring cases

We will highlight certain focus areas from a Dutch tax perspective in debt restructuring cases involving a Dutch debtor, also considering creditors holding or obtaining an equity stake – directly or indirectly - in the borrowing entity.

Stibbe advises RhĂ´ne 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.

Wetsvoorstel opheffing verpandingsverboden: (mogelijke) impact op de financieringspraktijk

Het op 2/6/2020 bij de Tweede Kamer ingediende wetsvoorstel opheffing verpandingsverboden beoogt de bestaande praktijk van het contractueel overeenkomen van verboden of beperkingen van de overdracht of verpanding van geldvorderingen op naam op te heffen.

Key considerations for management and owners of Dutch privately held companies in distress due to COVID-19

The COVID-19 pandemic has a significant and immediate adverse effect on many companies in different industries. Many PE portfolio companies are particularly vulnerable given the typical high leverage finance structure and inherent need to maintain cash fl

Daisy Nijkamp and Job van Hooff present webinar on The Dutch scheme (WHOA) – the upcoming new Dutch restructuring tool

Daisy Nijkamp and Job van Hooff, in collaboration with Lexology, will present a webinar on WHOA on 2 April 2020. During the webinar they will look at a new bill prepared by the Dutch legislature - the Act on the Confirmation of Private Restructuring Plans

Onzeker ondernemingsrecht – het coronavirus and beyond

It is a world of change in which we live, and a world of uncertainty” 

Het bovenstaande citaat is van de Amerikaanse econoom Frank H. Knight en afkomstig uit zijn in 1921 verschenen boek.1 Knight beschrijft daarin wat het belang is van het concept “onzek

Cease fire on troubled companies! Royal Decree temporarily suspends enforcement

Royal Decree No. 15 introduces a temporary moratorium amid COVID-19, shielding debtor-companies from enforcement measures and bankruptcy declarations.

Actualiteiten WAMCA najaar 2024

Op donderdag 28 november 2024 organiseert de Leiden Law Academy de cursus 'Actualiteiten WAMCA: De WAMCA bezien vanuit het perspectief van eisers en gedaagden'.

Cross-border representative actions: publication of requirements for Dutch organisations seeking designation as ‘qualified entities’

By 26 December 2023 at the latest, EU Member States must publish a list of organisations that they have designated as ‘qualified entities’ (bevoegde instanties) for bringing cross-border representative actions within the EU on behalf of consumers.

EU Council suggests fundamental changes to proposal for Directive on representative actions

The proposed text for a Directive on representative actions for the protection of the collective interests of consumers has radically changed – again.

Legislative proposal for mass damages claims approved by the Dutch House of Representatives

On 29 January 2019, the Dutch House of Representatives approved the legislative proposal that introduces collective actions for damages under article 3:305a of the Dutch Civil Code (DCC). This proposal aims to amend article 3:305a DCC to enable collective

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