Business law
Dutch insolvency law for foreign creditors: bankruptcy, WHOA and recovery options
When a Dutch customer becomes insolvent, sending more payment reminders may no longer be the right strategy. A foreign creditor should establish the legal status of the debtor, identify the insolvency practitioner or restructuring process, submit a properly documented claim and assess any security, retention-of-title or set-off position. The priority is to understand which rights still have practical value and which actions are restricted.
