Appointment
An IP is appointed in all types of business-related insolvency proceedings, including insolvency proceedings relating to insurance companies and financial institutions. In practice an IP appointed to an insurance company will come from a small
group of experienced IPs.
Qualifications
There are no formal criteria to satisfy to act as an IP in The Netherlands. However, in 99 per cent of cases a qualified lawyer (advocaat) is appointed. In practice, experienced practitioners are appointed in the more important insolvencies.
Location