Today, 6 October 2020, the Upper Chamber of the Dutch Parliament approved the Act on the Confirmation of an Extrajudicial Restructuring Plan ("CERP"). The bill - also referred to as the 'Dutch scheme' - was approved by the Lower Chamber of Parliament in May of this year. It is expected to enter into force on 1 January 2021.

Read more about it here.

Related articles

Cookie notification

This functionality uses third-party cookies. Change your cookie preferences to view this content or view more information.
These cookies ensure that the website works properly. These cookies cannot be disabled.
These cookies can be placed by third parties, such as YouTube or Vimeo.
By deactivating categories, it is possible that related functionalities within the website may no longer work properly. It is always possible to change your preferences at a later time. View more information.