The 2nd authorized proceeding during the Faillissementswet is definitely the Surseance van betaling. The Surseance van betaling only relates to providers. Its goal is to reach an arrangement With all the creditors of the corporate. Its is corresponding to filing for protection against creditors.Bankruptcy is actually a courtroom proceeding where a … Read More

The principal aim of contemporary insolvency laws and business financial debt restructuring methods no more rests around the elimination of insolvent entities, but around the remodeling with the fiscal and organizational structure of debtors going through monetary distress so as to allow the rehabilitation and continuation with the organization.You… Read More