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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.

Impact van de coronacrisis op ICT-overeenkomsten

De uitbraak van het coronavirus heeft gevolgen voor de gang van zaken binnen iedere organisatie. Mogelijk ook op uw contracten met leveranciers of juist afnemers van ICT. Het onderstaande overzicht bevat aandachtspunten voor het bepalen van uw positie ten

Certain legal aspects of the corona crisis for the Dutch construction and rental industry

The spread of the coronavirus has developed into a severe crisis that is also affecting the construction and rental industry in the Netherlands. Catering operators and retailers are wondering whether they can pause their rent payments.

Enkele juridische aspecten van de coronacrisis in de bouw- en huursector

Het coronavirus heeft inmiddels een ingrijpende crisis teweeggebracht die ook de bouw- en huursector niet ongemoeid laat. 

L'impact de la pandémie du Covid-19 sur l’exécution des marchés publics

La crise du Coronavirus impacte les marchés publics. Ceux-ci sont soumis à des règles particulières impliquant l’obligation pour les adjudicateurs d’indemniser les adjudicataires qui subissent les effets de cette crise.

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

Rechtsmacht bij pauliana: Feniks-arrest leidt tot onvoorzienbaarheid

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.

Stibbe advises Veenix consortium

Stibbe advised the VEENIX consortium on reaching financial close in the PPP Project A9 Badhoevedorp-Holendrecht. Financial Close occurred on 2 December 2019.

Kroniek van het Europese Aanbestedingsrecht

Net als voorgaande jaren verzorgt Stibbe de kroniek van het Europese aanbestedingsrecht in het Tijdschrift voor Bouwrecht.

The Dutch Scheme – high flexibility in plan contents and possibility to affect group guarantees

The Act on confirmation of private restructuring plans – 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.

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.

Impact van het KB nr. 2 op de rechtsbescherming in het kader van de gunning van overheidsopdrachten en concessies

In deze blogpost wordt bondig ingegaan op een aantal gevolgen van het KB van 9 april 2020 (nr. 2) op termijnen die gelden binnen het gunningscontentieux overheidsopdrachten en concessies.

Construction sector and corona: on the brakes unnecessarily?

Here and there throughout the construction sector, the corona crisis appears to be unnecessarily slowing down production. In particular, the process for granting permits has slowed down. Clients are putting certain construction projects on hold, while ten

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