Insolvency & Restructuring
Turnovers may fall, banks may become stricter about providing financing and debtors may fail to pay in good time or at all. Entrepreneurs, banks, creditors and other stakeholders need to respond quickly and adequately to such changes. Whether or not in cooperation with the financial specialists of EY Tax, we can provide expert and fast assistance.
Our restructuring team advises companies, their shareholders, directors, banks, investors, debtors and creditors. Our lawyers are also regularly appointed as administrators in suspensions of payment and as trustees in bankruptcies. They are also available to act as restructuring expert in a Dutch scheme of arrangement (WHOA procedure).
Such (WHOA) restructurings often involve a wide range of legal, financial, tax and operational issues in an international context and require close cooperation between all parties involved. We are used to dealing with such (international) restructurings quickly and efficiently.