When reputation is at risk and creative and effective solutions are urgently needed
... we are uniquely positioned to assist.
Our lawyers have been key to the restructuring of the Dutch Retail Icon, HEMA; the rescue attempts of various financial institutions; extensive litigation resulting from Russian Yukos Bankruptcy; and finance vehicles (Spanish Isolux Group, Brazilian OI, Indian Jet airways). All these matters were front-page news in both the national and international press.
We advise financial institutions, multinational companies, private equity investors and management, on all types of restructuring or insolvency-related issues with the benefit of the expertise within the firm, be that in Litigation, Corporate Governance, Regulatory, Distressed M&A, Tax, IP, and/or Employment. We are frequently involved in international and multijurisdictional transactions and litigation proceedings, and we occasionally accept appointments by foreign courts to act as special counsel or an expert in foreign proceedings.
We are the oldest Dutch law firm to be a member of the INSOL International Group of Thirty-Six (G36). Member firms of this select body provide significant ongoing financial support to INSOL, enabling INSOL to carry out its collaboration with major projects. Aside from handling individual matters, our insolvency team is also heavily involved in making recommendations on bills submitted by the Dutch government, notably the Dutch Scheme (WHOA).
WHOA - the Act on Court confirmation of extrajudicial restructuring plans bill - entered into force on 1 January 2021.
WHOA gives both domestic and foreign companies a game-changing ability to safeguard their business continuity for the benefit of all stakeholders. It offers an attractive Dutch alternative to the US Chapter 11 mechanism, and to the English Scheme of Arrangement and Part 26A Plan.
We have been heavily involved helping to sculpt this legislation since 2014, but the timing now could not be better, given the challenges faced by so many due to the Covid-19 pandemic.
“Well able to handle multi-jurisdictional matters thanks to its well-established relationships with law firms abroad - the team's service is excellent.”
Chambers Europe, 2021
Dutch roots and a UK anchor
Anchored and unrivalled in the Netherlands with global reach, De Brauw London is an integral part of our Restructuring & Insolvency practice based in Amsterdam. From the U.K. we advise UK-based clients – investment banks, financial institutions, private equity and private and public companies – who do, or intend to do, business in the Netherlands.