Restructuring & Insolvency in the Netherlands - 2020
Article
NL Law
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? What are the criteria for entry into each restructuring procedure? Or, what impact does each restructuring procedure have on existing contracts?
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Job van Hooff and Daisy Nijkamp provide answers to these and other questions to consider when a company is in financial difficulties, restructuring options, insolvency procedures and legislative developments.
