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Wessels Insolventierecht

2025-02-doc1 Insolvency and restructuring: what will the European Commission be doing in 2025?

European policies can influence current and new initiatives for EU regulations. What does 2025 have in store? On 27 November 2024, the European Parliament voted in favour of a new College of Commissioners proposed by President Ursula von der Leyen at the start of her second term as head of the European Commission. It was, however, not a clear win.… Read More »2025-02-doc1 Insolvency and restructuring: what will the European Commission be doing in 2025?

2025-01-doc1 Towards a new EU-wide legal statute for an Innovative European Company

Former European Central Bank president Mario Draghi published in September 2024 his longawaited report, “The future of European competitiveness”.  It sets out its already widely discussed competitiveness strategy for Europe. Draghi, who  became known as the saviour of the Euro during the Euro crisis, has proposed the creation of an Innovative European Company, the status of which would provide companies… Read More »2025-01-doc1 Towards a new EU-wide legal statute for an Innovative European Company

2024-12-doc5 Dutch court rules on foreign directors’ liability in landmark Petrobras case

At the end of October, a Dutch court dismissed a claim by a group of affected shareholders of Brazilian oil company Petrobras, ending a case that has been spanning for some 10 years. The shareholders will not receive compensation for price drops (“koersverlies”) caused by a bribery scandal in the multi-year, mass claims case. In this case, investors claimed damages… Read More »2024-12-doc5 Dutch court rules on foreign directors’ liability in landmark Petrobras case

2024-12-doc4 The Anatomy of Corporate Insolvency Law

Bork and Mangano. Without a doubt, the editors of this book, Prof. Reinhard Bork (Germany) and Prof. Renato Mangano (Italy), are among the most productive European scholars in the broad field of insolvency law. I’ve reviewed several of their writings (consult my blog: www.bobwessels.nl). These are among the most instructive and well-detailed works. This time, together with a group of… Read More »2024-12-doc4 The Anatomy of Corporate Insolvency Law

2024-12-doc3 T&C Insolventierecht 14 druk 2024

Het verging mij een beetje als op een dag dat je meest favoriete ontbijtbeleg opeens in een nieuwe verpakking op tafel staat. Is de smaak nog hetzelfde? Waarom die nieuwe emballage eigenlijk? Op de Wolters Kluwer site staat dat alle delen van Tekst & Commentaar een nieuwe ‘look & feel’ hebben gekregen. Meest opvallend: een groter formaat (‘waardoor de boeken… Read More »2024-12-doc3 T&C Insolventierecht 14 druk 2024

2024-12-doc2 Cross-border insolvency through Lithuanian eyes

Recently I received a book (232 pages), titled “Cross-Border Insolvency Proceedings”, with the subtitle “Policies and Directives in the European Union”. The publication presents in its core an analysis of the effectiveness of European Union cross-border insolvency proceedings. Evidently, its accent is on the development of cross-border insolvency proceedings established in the Insolvency Regulation ((EU) 2015/848), which came into effect… Read More »2024-12-doc2 Cross-border insolvency through Lithuanian eyes

2024-12-doc1 Re-examining Insolvency Law and Theory

‘In short, theory matters’, the three editors submit on the first page of their introduction to this book. They underline the important role that legal theory plays in the development of insolvency law. All 15 contributions (next to an introduction and a welcome editors’ conclusion) explore how law and theory are able to respond to issues of financial distress in… Read More »2024-12-doc1 Re-examining Insolvency Law and Theory

2024-10-doc1 Spanish banks beware of insolvent Dutch nationals with holiday homes

Spanish banks beware of insolvent Dutch nationals with holiday homes In a GRR column in May last year, I reported on a Dutch bankruptcy case in which a Spanish bank with a secured claim learned an expensive lesson when dealing with the bankrupt Dutch owners of a Spanish holiday home. The bank, Alicante-based Caixa Rural Altea Cooperativa de Credit Valencia… Read More »2024-10-doc1 Spanish banks beware of insolvent Dutch nationals with holiday homes

2024-09-doc2 Wessels, Salah en de WHOA

Boek over de WHOA. Wessels-Salah Insolventierecht IX 2024 werd medio september als eerste exemplaar uitgereikt aan prof. Frank Verstijlen. In zijn hoedanigheid als vice-voorzitter van de Nederlandse Vereniging voor Herstructurering (NVvH)  ontving hij het boek met genoegen, ergens op een Amsterdamse locatie.  De titel van het boek is boek “Buiten faillissement en surseance van betaling”. Het boek behandelt de Wet… Read More »2024-09-doc2 Wessels, Salah en de WHOA

2024-09-doc1 Naar een Wet verbetering faillissementsrecht?

Regeringsprogramma kabinet-Schoof. In het Regeringsprogramma (zonder titel, dd. 13 september 2024) van kabinet-Schoof staat: “We zorgen ervoor dat faillissementen, met name van het mkb, beter en sneller kunnen worden afgewikkeld, met oog voor de belangen van betrokken partijen.” Gekoppeld aan Wet verbetering faillissementsrecht. Inhoud van deze wet is nog nader te bepalen”. Deze onopvallende strofen staan onder Hoofdstuk 10 ‘Economie… Read More »2024-09-doc1 Naar een Wet verbetering faillissementsrecht?