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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.

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

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.

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.

International Comparative Legal Guide - Restructuring & Insolvency 2025 - Belgium Chapter

Pieter Wouters contributed to the 19th edition of ICLG – Restructuring & Insolvency, offering a detailed Q&A overview of Belgian insolvency and restructuring law, including key considerations and common pitfalls to avoid.

Dario Baltussen

Junior Associate Amsterdam

Tom Storck

Counsel Luxembourg

The qualification of a (commercial) contract

The Dutch Civil Code provides for several nominate contracts, for example: contractor agreements, purchase agreements, lease contracts, agency agreements and employment contracts.

Oliver Stevens

Partner Brussels

Pieter Wouters

Counsel Brussels

Tobe Inghelbrecht

Counsel Brussels

Margaux Willems

Associate Brussels

Noah Vanden Boer

Junior Associate Brussels

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