1. What is distressed M&A?
European Union, Netherlands, Corporate Finance/M&A, Employment & Labor, Insolvency & Restructuring, Litigation, Ploum, Private equity, Due diligence, Court of Justice of the European Union
On 26 May 2020, Dutch Parliament has adopted the proposal for the Financial Restructuring Act, known in Dutch as WHOA (which stands for Wet Homologatie Onderhands Akkoord). The WHOA allows businesses to seek a court-acpproved cram down which is comparable to Chapter 11 or Scheme of Arrangements.
Netherlands, Insolvency & Restructuring, Public, Ploum, Corporate governance, Coronavirus, US Senate