Finding solutions for those in financial distress, no matter how large or complex the challenge is.

NautaDutilh's Benelux Restructuring & Insolvency team guides its clients through the worst of times.

Our Benelux team has exceptional capabilities and litigation expertise, plus the necessary resources, to deliver the optimal outcome in any distressed situation. We are the top tier firm for R&I in our jurisdictions - the Netherlands, Luxembourg and Belgium - and work together with all leading law firms in the UK, US, France, Germany and across the globe. Our team and its members are consistently ranked in the highest tiers in all major rankings.

When it comes to the relevant commercial issues, our lawyers have their fingers on the pulse and inherently understand the need to achieve a solution. Acting for all stakeholders – banks, corporates, sponsors, alternative debt providers, bondholders, board members, suppliers, bankruptcy trustees and global law firms – allows us to approach situations viewed from the perspective of all parties. And in doing so, consider all options.

In 2020, the R&I team successfully assisted the syndicate of banks in the restructuring and refinancing of Royal IHC. Implementation of the restructuring took place through enforcement of share security before the Netherlands Commercial Court. We also advised bondholders of Lebara on a contested, coercive share pledge enforcement (approved by a Dutch court in 2019) and worked with them on the subsequent restructuring of the group’s capital structure. And in 2019, we helped to resolve the Airopack restructuring that was brought before the Netherlands Commercial Court – the first matter this court heard and a first successful credit bid in the Netherlands. These cases build on a long tradition of establishing landmark R&I case law.

The size of our team, together with the extent of our expertise and domestic and cross-border experience, enables us to act at speed and with the firepower required in distressed situations. And we can rely on NautaDutilh's robust finance, insolvency, litigation, corporate and tax groups – including many dedicated specialists who have handled the gamut of restructuring and insolvency cases.

The R&I lawyers at NautaDutilh often work jointly with other leading international law firms including those in the US, UK and France, in transactions and insolvency litigation in other jurisdictions.

An unparalleled track record, sound technical expertise, deal implementation skills, strategic savvy, and the ability to deliver the workable solutions that help our clients move forward, makes the premier choice in restructurings – both consensual and in-court.

  • Meet the team leads

    Our team consists of distinguished litigators, successful dealmakers and restructuring experts from our offices in Amsterdam, Rotterdam, Brussels, Luxembourg, London and New York. The team is led by the following leading Benelux lawyers:

    Robert van Galen A meticulously thorough and learned litigator who sits on the Board of the American College of Bankruptcy.

    Sophie Jacmain An experienced litigator who has acted in a wide range of insolvency and out-of-court or in-court restructuring proceeding.

    Marc Orval A talented lawyer who clients praise for his excellent business sense and an aptitude for clear documentation and structuring.

    Barbara Rumora-Scheltema A skillful negotiator with a detailed understanding of the legal technicalities and position of all parties.

    Romain Sabatier A commercial and pragmatic Luxembourg-based lawyer with broad international experience.

    Teun Struycken A highly accomplished and acclaimed dealmaker and asset-based lending specialist.

  • Highlighted work

    We pride ourselves on routinely setting the trend for innovative solutions, both in domestic insolvencies and cross-border restructurings. Recent examples include:

    • Agrokor (2018, Restructuring Deal of the Year IFLR Europe Awards 2020)
    • Lebara (2019) and
    • Royal IHC (2020).

    The team has helped to establish landmark case law over the years, both before domestic courts and the European Court of Justice. Examples include Ogem (1982), UPC (2000), Yukos (2005), Kroymans (2009), Schoeller Arca (2009), Eurocommerce (2012), Schoenenreus (2013), Estro (2017), and Airopack (2019).

  • What others say

    ‘They have shown excellent knowledge of our industry and creativity to develop solutions in often complex situations.’
    The Legal 500 2024

    ‘The NautaDutilh team are truly leaders in the field, and widely considered so. They have been involved in the leading cases, in particular recently with the new WHOA proceeding, and they take commercially sensible views on difficult issues.’
    The Legal 500 2024

    ‘They are a pleasure to work with, from senior partner to junior associate level, and they are all client facing and good presenters. I have been particularly impressed with the team’s responsiveness, often on expedited timelines with complex issues.’
    The Legal 500 2024

    ‘The team is very reactive and concerned with delivering a quality service corresponding to the needs of the client.’
    The Legal 500 2023

    ‘Great team, good knowledge of the field, hard-working and dedicated.’
    The Legal 500 2023

    ‘Pragmatic, efficient and pleasant to work with. A truly fantastic professional experience to work with the Nauta team.’
    The Legal 500 2023

    ‘The best team available on the Belgian market. Strong knowledge of the market and players, high capacity for litigation, and a high level of technicality.’
    The Legal 500 2023

    'NautaDutilh’s litigation team has a hands-on, business oriented and solution focused approach.’
    The Legal 500 2023

    'An excellent team both on the restructuring and bank lending side.'
    Chambers Europe 2022

    ‘Down-to-earth, making difficult items easy to understand’.
    The Legal 500 2022

    ‘Small firm, but dedicated professionals with a client focussed approached, thorough in their research, available outside normal business hours’.
    The Legal 500 2022

    ‘The team was highly proficient and great to work with’.
    The Legal 500 2022

    ‘They understood our challenges in a complex transaction and provided fitting support’.
    The Legal 500 2022

    'The ‘very experienced and well-connected’ NautaDutilh advises on a range of distressed situations, including out-of-court restructurings and litigation before the courts.'
    The Legal 500 2022

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