24 January 2013

Directive combating late payment in commercial transactions implemented

It was recently confirmed that EU Directive 2011/7/EU on combating late payment in commercial transactions will be implemented in the Netherlands on 16 March 2013.

Like the Directive, the Dutch implementing act (the “Act”) is aimed at discouraging late payment by commercial parties. This legal alert sets out the main changes introduced by the Act.

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Please download the legal alert here in Dutch or English.