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European perspective in brief
  • Jones Day
  • Netherlands
  • March 31 2015

Europe has struggled during the last several years to triage a long series of critical blows to the economies of the 28 countries that comprise the

Supreme Court simplifies claw-back rule on funds transfers in insolvency proceedings
  • Clifford Chance LLP
  • Netherlands
  • May 8 2015

A basic principle of Dutch insolvency law is that a bankruptcy order by the court takes (retroactive) effect from 0:00 on the day on which the court

Dutch Supreme Court reconsiders its 1989 Vis q.q.NMB judgment: all money transfers credited to a payee's bank account after bankruptcy of the payor must be reimbursed to the payor's bankrupt estate
  • Stibbe
  • Netherlands
  • April 30 2015

In a judgment dated 20 March 2015, the Dutch Supreme Court ruled that all banks and intermediaries involved in the execution of a bank transfer

New opportunities for secured lenders
  • NautaDutilh
  • Netherlands
  • December 4 2009

The Amsterdam District Court recently granted the holder of a pledge over the shares in the capital of Schoeller Arca Systems Services BV authorization for foreclosure on the pledge by way of a private sale

Dutch Supreme Court introduces features of universality principle in Dutch international insolvency law
  • NautaDutilh
  • Netherlands
  • September 24 2013

In a ground-breaking decision, the Dutch Supreme Court recently found that a foreign bankruptcy trustee may in principle exercise the powers

Eversheds' Spotlight - the global financial services disputes and investigations (FSDI) briefing - April 2014
  • Eversheds LLP
  • European Union, France, Germany, Hong Kong, Ireland, Italy, Netherlands, Poland, Spain, United Arab Emirates, United Kingdom
  • April 17 2014

France has recently created a new role in the prosecution office, a Public Prosecutor specifically for financial offences with national jurisdiction

Executory contracts in Dutch bankruptcy law: a bankruptcy trustee is not allowed to "actively" default
  • NautaDutilh
  • Netherlands
  • September 5 2014

If a creditor wishes to have a debtor declared bankrupt in the Netherlands, Dutch law requires proof that the debtor has ceased paying his debts when

Decision Netherlands Supreme Court on direct debits reversal
  • NautaDutilh
  • Netherlands
  • September 29 2011

On 16 September 2011 the Netherlands Supreme Court rendered an important judgment regarding the exercise by a bank of its right to reverse a direct debit (LJN BQ873 SNS BankPasman q.q

First distribution expected in Dutch bankruptcy of Lehman Brothers Treasury Co. B.V. (“LBT”)
  • Schulte Roth & Zabel LLP
  • Netherlands
  • April 3 2013

Following a consent solicitation process (unprecedented in the Netherlands) which ended on 25 January 2013, the LBT Composition Plan, as proposed by