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January 14, 2020

Whoa: the new Dutch scheme for insolvency procedures

Since 1 January 2021, the Netherlands introduced ‘The Dutch Scheme’ also known as the ‘Wet Homologatie Onderhands Akkoord’ (Whoa). This law is a type of insolvency procedure, that is far more extensive compared to other insolvency laws because i

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January 10, 2020

Limitation period of a claim: the differences and similarities between France and the Netherlands

The limitation period of a claim means that after a certain period of time, the claim can no longer be enforced against the counterparty. After the term has expired, the creditor can no longer recover the claim through legal enforcement.…

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January 8, 2020

What happens to creditors if a French company goes bankrupt?

Dealing with an unpaying debtor can be a long and frustrating process. With many measures in place when dealing with an unpaying debtor, there is always a solution that could suit your case. But if a debtor is declared bankrupt,…

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