After the latest bill for the modernisation of the Dutch law on partnerships foundered in 2011, a working group made up of lawyers and tax specialists drawn from practice, academia and the corporate world took up the cause in an initiative launched later that year. The working group (the werkgroep personenvennootschappen) has drawn up a report setting out a number of basic principles, the group's recommendations and a proposed set of statutory rules with an accompanying explanatory memorandum. The report was discussed with the Company Law Committee (Commissie vennootschapsrecht) and, on 15 June 2016, was presented to the participants at a symposium in Amsterdam.