Insolvency

Netherlands

In the event of involuntary liquidation or a possible relaunch, often assets need to be sold. In addition, matters such as debt collection, consultations with the banks on the enforcement of security interests, investigations into directors' and officers' liability, investigations into the background and causes of the involuntary liquidation and the takeover of any proceedings still pending all play a role. Our lawyers, acting as liquidators, can take care of all these matters. CMS is often asked to assist a company in its petition for involuntary liquidation, to act against the liquidator or to assist a company in its negotiations with the liquidator on the takeover of assets (a relaunch). We also specialize in this work and can rely on many years of practical experience and close involvement in large national and international involuntary liquidations.

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IFLR1000, 2019
01/03/2019
BNR Za­kendoen over het In­ter­toys fail­lisse­ment met Marc van Zanten van...
Door felle con­cur­ren­tie van prijs­vechters en on­line spel­ers, zag de ei­gen­aar van In­ter­toys geen an­dere uit­weg dan de stek­ker uit het bedrijf trekken. Toch lijkt het af­scheid niet defin­it­ief, vi­er po­tentiële...
Bank­ruptcies
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18/06/2019
CMS an­nounces rev­en­ues of EUR 1.36 bil­lion for 2018 and ap­points new chair­man
In­ter­na­tion­al law firm CMS today an­nounces rev­en­ues for the fin­an­cial year 2018 of EUR 1.36 bil­lion. This trans­lates in­to growth of 5%. CMS cre­ated 49 new part­ners in the 2019 glob­al pro­mo­tions round...
01/04/2014
New Dutch bank­ruptcy le­gis­la­tion ... Fi­nally!
Evert Ver­wey looks closely at the first part of the new Act on 'Pre-Pack­s'.
28/03/2013
Suc­cess­ive terms of em­ploy­ment after in­solv­ency: an up­date
In the Oc­to­ber 2012 News­flash, we in­formed you about the no­tion of “suc­cess­ive terms of em­ploy­ment” and the con­sequences as­so­ci­ated here­with. We dis­cussed the Dutch Su­preme Court’s re­cent Van Tu­in­en...
25/07/2012
CMS ad­vises Moes on ac­quis­i­tion by Hurks ap­ply­ing pre-pack
Over the past weeks CMS guided the trans­fer of the busi­ness activ­it­ies of con­struc­tion com­pany Moes to con­struc­tion com­pany Hurks group through a con­trolled pro­cess of sus­pen­sion of pay­ments and bank­ruptcy...