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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1 July 2024
The Expedited Liquidation Transparency Act has entered into force
The Expedited Liquidation Transparency (Interim Measures) Act (Tijdelijke wet transparantie turboliquidatie) entered into force on 15 November 2023.
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Read more about22 May 2024
Collecting debts
Although the economy seems to be picking up, in practice many invoices remain unpaid. Should that be the case, you will obviously want to take action to recover the outstanding amounts quickly.
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Read more about15 April 2024
Please note: limits have been placed on expedited liquidations
An ‘expedited liquidation’ is a relatively quick and simple procedure to dissolve a legal entity. This changed on 15 November 2023.
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Read more about8 November 2023
Creditor in an expedited liquidation, now what?
By means of an expedited liquidation, referred to in practice as a ‘turbo liquidation’, a company is dissolved quickly if it no longer has any assets.
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Read more about16 January 2023
Digital accounting records in a bankruptcy
The Trustee in Bankruptcy (Further Measures) Act (Wet versterking positie curator) came into force on 1 July 2017.
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Read more about16 January 2023
Information about the bankruptcy of CamptooNL – January 2023
In the bankruptcy of CamptooNL B.V. (CamptooNL), the trustee has recently received many inquiries from users (renters and owners of campervan) of the online platform.
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Read more about9 November 2022
Bankruptcy Camptoo Group: damage to campervan or caravan
The trustee receives many questions about damage to caravans and campervans. If you are a lessor and your tenant has caused damage to your campervan or caravan, or if are you a tenant and you have caused damage to the rented campervan or caravan, then please read this article carefully.
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Read more about27 October 2022
Bankruptcy Camptoo-Groep
On 26 October 2022, the District Court of The Hague converted the moratorium of Deelit Ventures B.V., Deelit Ventures IP B.V. and Camptoo NL B.V. into bankruptcy.
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Read more about22 August 2022
Compensation for a loss in value of shares
Reduction in the value of my shares: am I entitled to compensation?
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