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Netherlands

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The passing of the Dutch Scheme legislation (WHOA) on 6 October 2020 marks the completion of a legislative process that was initiated long before the Covid-19 pandemic hit.Dutch law now includes a powerful restructuring tool that can help companies navigate the challenges they are currently facing, whether as a result of Covid-19 or otherwise.All stakeholders (including creditors, suppliers and customers) of companies availing themselves of the Dutch Scheme will be affected one way or the…

Baker McKenzie has published the seventh edition of the Global Restructuring & Insolvency Guide. The Guide has been compiled by Baker McKenzie lawyers experienced in the practical aspects of restructuring and insolvency. It should provide you with a helpful reference tool to understand the numerous insolvency and restructuring regimes that may affect your business. It answers some key questions in light of the COVID-19 pandemic, such as, ‘Is state support for distressed businesses available?’ and…