KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER DUTCH LAW -

I. Insolvency proceedings in The Netherlands -

There are three law-regulated insolvency proceedings in The Netherlands: bankruptcy (faillissement), suspensions of payment (surseance van betaling) and debt adjustment for natural persons (schuldsanering natuurlijke personen). Since the scope of this paper focusses on corporate entities, the latter will not be discussed here....