Netherlands

Results for Netherlands

Recast insolvency regulation adopted: new rules on cross-border insolvencies in Europe

On 20 May 2015, after a three-year legislative process, a recast version of the European Insolvency Regulation (EIR) was adopted. For the most part, it will be applicable in approximately two years' time. The most important changes likely to affect ...

Resource Article - abi_admin - 05/28/2015 - 09:30 - 0 comments - 0 attachments

DLA Piper - Global Insight Q1 2015 content for Global INSOLvency.com website

In recent months, the US has seen a staggering increase in the number of retailers, both large and small, filing for bankruptcy. Among others, Dots, Alco Stores, Radio Shack, Deb Shops, Wet Seal, and Delia’s have each filed for bankruptcy protection in t ...

Resource Article - twallace@abiwor... - 04/06/2015 - 10:38 - 0 comments - 0 attachments

Article from INSOL Europe (Week 23 - 29 March 2015) GlobalINSOLvency Editorial Board

On 30 October the ‘Pier of Scheveningen’ was sold to DE PIER B.V., a consortium made of the building company Kondor Wessels and the easyHotel franchise holder for the Benelux Danzep. The sale took place almost two years after the former owner of the icon ...

Resource Article - twallace@abiwor... - 04/06/2015 - 10:26 - 0 comments - 1 attachment

CMU - Prospectus Directive

On 18 February 2015 the European Commission confirmed its plans to establish a Capital Markets Union (CMU) by publishing a green paper seeking consultation on numerous capital markets related matters. To achieve this Capital Markets Union, it will, among ...

Resource Article - twallace@abiwor... - 04/06/2015 - 10:05 - 0 comments - 0 attachments

Supreme Court renders groundbreaking decision on partnership bankruptcies

In Dutch case law it has long been held that the bankruptcy of a Dutch partnership automatically entails the bankruptcy of each of the partners. In a decision that explicitly breaks with previous case law, the Dutch Supreme Court found on 6 February 20 ...

Resource Article - twallace@abiwor... - 02/18/2015 - 13:50 - 0 comments - 0 attachments

Dutch Supreme Court delivers important judgment on jurisdiction over cross-border claims for purely financial damage

On 16 January 2015, the Dutch Supreme Court delivered a judgment of great consequence for cross-border litigation in Europe, on the subject of international jurisdiction in matters involving claims for purely financial damage. As the Supreme Court has re ...

Resource Article - twallace@abiwor... - 02/18/2015 - 13:20 - 0 comments - 0 attachments

Amendments Dutch Financial Regulatory Law 2015 / Wijzigingen Nederlandse toezichtregelgeving

Amendments Dutch Financial Regulatory Law 2015 On 19 December 2014, the final version of the Financial Amendment Decree 2015 (the ''Amendment Decree 2015'') was published. The final Financial Markets Amendment Act 2015 (the "Am ...

Resource Article - abi_admin - 01/21/2015 - 12:27 - 0 comments - 0 attachments

Consultation Dutch Implementation Act European Intervention framework / Consultatie Implementatiewet Europees interventiekader

On 21 November 2014 the draft Dutch Implementation Act for the European Framework for the Recovery and Resolution of Banks and Investment Firms (the " Implementation Act ") and draft guidelines were published for public consultation purposes. ...

Resource Article - abi_admin - 01/21/2015 - 12:23 - 0 comments - 0 attachments

The Dutch approach to combating bankruptcy fraud

In 2012 the Minister of Security and Justice of The Netherlands announced a recalibration of the Dutch Insolvency Law, especially a multi-disciplinary approach to combat bankruptcy fraud. This announcement has led to several initiatives in practice, for ...

Resource Article - abi_admin - 01/21/2015 - 12:16 - 0 comments - 1 attachment

Dutch Sportscar Maker Spyker Declared Bankrupt

Dutch sportscar maker Spyker, one-time owner of Sweden's Saab, declared bankruptcy on Thursday, after failing to secure a critical bridging loan it had hoped would help it refinance and restructure, Reuters reported. The company, formed in 2000 to r ...

Daily Headline - global.abi.org - 12/18/2014 - 23:18 - 0 comments

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