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    Supreme court <i>Megapool</i> ruling makes it easier to challenge bankruptcy clauses
    2013-07-05

    Introduction
    Facts
    Decision
    Comment


    Introduction

    Filed under:
    Netherlands, Insolvency & Restructuring, Litigation, NautaDutilh, Bankruptcy
    Authors:
    Mark Mouthaan , Walter Schellekens
    Location:
    Netherlands
    Firm:
    NautaDutilh
    Opleveringsschade bij faillissement huurder niet langer boedelschuld
    2013-07-09

    In geval van faillissement zijn er vaak meerdere schuldeisers tussen wie de overgebleven gelden moeten worden verdeeld. Daarbij is het van belang of een vordering als boedelschuld of als concurrente vordering wordt aangemerkt. Schuldeisers met een boedelvordering hebben voorrang op concurrente schuldeisers en krijgen vaak een groter deel van hun vordering vergoed. Het is voor een schuldeiser dus van belang dat een vordering als boedelvordering wordt aangemerkt.

    Filed under:
    Netherlands, Insolvency & Restructuring, Litigation, CMS Netherlands
    Location:
    Netherlands
    Firm:
    CMS Netherlands
    Misbruik van faillissementsaangifte en de positie van de werknemer
    2013-07-30

    In het faillissement geldt een verlicht ontslagregime. Daarmee zijn faillissementsprocedures aantrekkelijk voor ondernemers om hun personeelsbestand te saneren. De vraag is echter of de faillissementsaangifte hiervoor mag worden gebruikt. In dit artikel zal worden ingegaan op het inzetten van het faillissementsrecht om de arbeidsrechtelijke bescherming van werknemers te omzeilen. Wanneer is sprake van misbruik van de eigen faillissementsaangifte?

    Recente zaak: faillissement van een schoenenhandel

    Filed under:
    Netherlands, Insolvency & Restructuring, Litigation, CMS Netherlands
    Location:
    Netherlands
    Firm:
    CMS Netherlands
    Euroresource--deals and debt
    2013-07-30

    Recent developments

    Filed under:
    Netherlands, Spain, United Kingdom, USA, Banking, Capital Markets, Company & Commercial, Employee Benefits & Pensions, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Jones Day, Public company, Shareholder, Amicus curiae, Debt, Articles of association, Fonds monétaire international, Second Circuit
    Authors:
    Corinne Ball , Bruce Bennett , Dr. Olaf Benning , Víctor Casarrubios , Juan Ferré
    Location:
    Netherlands, Spain, United Kingdom, USA
    Firm:
    Jones Day
    The quiet triumph of the silent pre-pack administrator
    2013-08-26

    In Belgium and France he is known well enough, and his services are being used for years already in the United States and Great Britain: the silent pre-pack administrator. The task of a silent pre-pack administrator is to negotiate and perform what is known among lawyers as a pre-pack. In the early stages of a bankruptcy, the silent pre-pack administrator (and future receiver) works secretly on a restart of the company.

    Filed under:
    Netherlands, Insolvency & Restructuring, Kennedy Van der Laan
    Authors:
    Joost Achterberg
    Location:
    Netherlands
    Firm:
    Kennedy Van der Laan
    First distribution expected in Dutch bankruptcy of Lehman Brothers Treasury Co. B.V. (“LBT”)
    2013-04-03

    Sanctioning of LBT Composition Plan Becomes Final

    Filed under:
    Netherlands, Insolvency & Restructuring, Litigation, Schulte Roth & Zabel LLP, Bankruptcy, Lehman Brothers cases, Lehman Brothers
    Authors:
    Peter J.M. Declercq , Sonya Van de Graaff
    Location:
    Netherlands
    Firm:
    Schulte Roth & Zabel LLP
    De curator "onder curatele" gesteld? De afdeling bestuursrechtspraak van de raad van state schept duidelijkheid over de positie van de curator in faillissement.
    2013-05-01

    Afdeling bestuursrechtspraak van de Raad van State 13 februari 2013, LJN: BZ1261

    In haar uitspraak van 13 februari 2013 heeft de Afdeling bestuursrechtspraak van de Raad van State (de "Afdeling") uitleg gegeven over de positie van een curator bij naleving van de voor een inrichting geldende milieuwetgeving.

    Filed under:
    Netherlands, Environment & Climate Change, Insolvency & Restructuring, NautaDutilh
    Authors:
    Norbert de Munnik
    Location:
    Netherlands
    Firm:
    NautaDutilh
    Dutch Supreme Court accepts floating charge
    2012-02-06

    In recent years Dutch banks have established a practice of creating undisclosed rights of pledge (stil pandrecht) on all current and future receivables of their borrowers in an easy way and without the borrower's involvement. In the Supreme Court's ruling of 3 February 2012 (HR 3 February 2012, LJN BT6947), this practice was unsuccessfully put to the test by a bankruptcy trustee, who contested the alleged right of pledge of ING Bank on receivables of its bankrupt client.

    Filed under:
    Netherlands, Banking, Insolvency & Restructuring, Litigation, De Brauw Blackstone Westbroek, Bankruptcy, Debtor, Accounts receivable, ING Group, Supreme Court of the Netherlands
    Authors:
    Ruud Hermans , Menno Stoffer , Berto Winters , Reinout Vriesendorp , Rob van den Sigtenhorst
    Location:
    Netherlands
    Firm:
    De Brauw Blackstone Westbroek
    Rule B attachment versus remedies of foreign liquidator
    2012-02-14

    (Europa West-Indië Lijnen B.V./Container Leasing International LLC)

    Filed under:
    Netherlands, Insolvency & Restructuring, Litigation, Van Steenderen MainportLawyers, Bankruptcy, Debtor, Limited liability company, Liquidator (law), BNP Paribas
    Authors:
    Arnold J van Steenderen
    Location:
    Netherlands
    Firm:
    Van Steenderen MainportLawyers
    Position debtor under pre-judgment attachment strengthened
    2012-03-07

    A recent judgment of the Amsterdam Court of Appeal marks the latest trend in Dutch law to strengthen the position of the debtor in the context of pre-judgment attachments. The Court of Appeal gave effect to the full disclosure principle that stipulates that the creditor, in its request for leave to make pre-judgment attachments, should properly inform the court of the merits of its claim and the dispute with the debtor.

    Filed under:
    Netherlands, Insolvency & Restructuring, Litigation, De Brauw Blackstone Westbroek, Debtor
    Authors:
    Edward van Geuns , Berto Winters , Marc Ynzonides , Jaron van Bekkum
    Location:
    Netherlands
    Firm:
    De Brauw Blackstone Westbroek

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