15 July 2025
Termination of financing by the bank: once again it comes down to reasonableness and fairness
The District Court of Limburg recently issued a judgment on the immediate termination of a credit agreement.
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You can be involved in a bankruptcy in two ways: the insolvency of your clients and debtors or of your own company.
If one of your debtors has declared bankruptcy, you can limit the negative consequences by arranging your affairs in advance, drawing up good general conditions and ensuring the prompt collection of debts, provisos of ownership, rights of pledge or other securities.
This way you can limit the damage you suffer if something goes wrong. It’s also important to act quickly after your debtor has declared bankruptcy. Actions may include appealing to a right of retention or levying execution against your right of pledge. If there’s a risk of insolvency in your own company, you can prevent or limit the consequences by restructuring, concluding an agreement with your creditors, refinancing or finding other solutions.
The lawyers in our bankruptcy department have many years of experience as liquidators. We know about the consequences of a bankruptcy better than anyone. By anticipating them we can improve your position.
We can assist you with negotiations with the liquidator, following the bankruptcy of your own company or that of a third party.
GMW lawyers will be happy to help you with all your insolvency and restructuring issues. If you have any questions, please contact us directly using the enquiry form below or +31 (0)70 3615048. Our insolvency lawyers will be glad to support and advise you.
GMW lawyers will be happy to help you with all your insolvency and restructuring issues. Do you have a question? Feel free to contact us.
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15 July 2025
Termination of financing by the bank: once again it comes down to reasonableness and fairness
The District Court of Limburg recently issued a judgment on the immediate termination of a credit agreement.
Read more
25 June 2025
The most difficult period for directors
It’s a situation no director likes to think about: the realisation that their company may not survive. Although this can be an emotionally challenging time, as a director you must also consider your new obligations.
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2 June 2025
Can you start legal proceedings for €0,01?
On 26 November 2024, the Rotterdam District Court ruled on a case involving an amount of €0,01. Despite the minimal value, the court decided that there was insufficient interest to proceed. This judgment highlights the principle that a claimant must have sufficient interest to initiate legal proceedings.
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14 May 2025
Directors’ Liability in a Start-up
There are more and more start-ups emerging, some of which unfortunately fail and go bankrupt. But how does directors’ liability apply to start-ups?
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9 April 2025
Understanding a contract
Every entrepreneur benefits from clear and enforceable agreements. But how should you assess a contract in general? Is there a step-by-step approach you can follow? In this blog, we share some tips to help you quickly understand and draft contracts.
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7 April 2025
Security rights in bankruptcy: the right of reclamation
It is common for a supplier to deliver goods to a customer without requiring immediate payment. In doing so, the supplier runs the risk that the customer will not pay or may even be declared bankrupt.
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31 March 2025
Security Rights in Bankruptcy: Retention of Title
It is common for a supplier to deliver goods to a customer without requiring immediate payment. In doing so, the supplier runs the risk that the customer will not pay or may even be declared bankrupt.
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24 March 2025
How to check if a company is bankrupt
When doing business with a (new) party, it is always wise to verify whether the company is solvent or possibly bankrupt. But how can you determine if a company has been declared bankrupt or if a bankruptcy petition has been filed?
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17 February 2025
WHOA also available for sole proprietorships and general partnerships
Since its introduction, the WHOA has proven to be a successful method for restructuring businesses in financial distress, preventing unnecessary bankruptcies
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