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A new restructuring body has launched in the Netherlands to “play a leading role” in improving the quality of international restructurings carried out in the country.
12 July 2021
Dutch football club ADO Den Haag has seen off an appeal on a loan judgment by its Chinese owner – but its WHOA restructuring expert is pessimistic about its chances of receiving the money.
06 July 2021
Embattled South African conglomerate Steinhoff’s global settlement is in jeopardy, after a Cape Town court ruled that a key part of its plan is invalid.
05 July 2021
A consortium led by UK-registered asset manager Kalrock Capital and Indian businessman Murari Lal Jalan has won approval for its plan to rescue Mumbai-based Jet Airways.
22 June 2021
In what appears to be the first decision of its kind, a court in the Central Netherlands has rejected a request to appoint a restructuring expert over a struggling technology business.
21 June 2021
A Dutch subsidiary of Indian multinational conglomerate Jain Irrigation Systems has won permission to poll creditors on its English scheme of arrangement while the group seeks a connected restructuring in India.
14 June 2021
A Dutch subsidiary of an Indian multinational conglomerate is pursuing an English scheme of arrangement to restructure Singapore-listed notes, with Baker McKenzie and Kirkland & Ellis both taking roles.
10 June 2021
A consortium of shareholders seeking to disrupt South African conglomerate Steinhoff’s global settlement has withdrawn its opposition to the group’s Dutch suspension of payments proceedings – but other claimant groups remain hostile in the Netherlands and South Africa.
08 June 2021
In what has been described as “the most important WHOA case so far”, a Dutch court has approved a restructuring expert and cooling-off period for football club ADO Den Haag, but refused to approve the sale of one of its players to another team.
26 May 2021
A Dutch court has explained why missing information led it to give intention to appoint an observer for a local construction company’s scheme of arrangement, before eventually declaring the company bankrupt.
14 May 2021
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