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The implications and ramifications of the COVID-19 pandemic reach across borders, industries, and legal disciplines.

Read our insights below on how to mitigate risk, and for advice on all coronavirus-related matters, reach out to one our multidisciplinary team of experts.

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COVID-19 and the cultural sector

Far from being immune, the cultural sector has been hit hard by the Corona crisis. We have curated the knowledge within De Brauw within practical tools for use within the cultural sector, both in a broad sense through Q&A's on Labour Law and pensions, Taxes, State Aid, and Agreements, and by providing advice on specific matters.

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Best Friends Publications

Together with our Best Friends, we share our insights on how your company can mitigate risks.

Fiscal responses to COVID-19Key disclosure considerations considering COVID-19

Insights

1 June 2021

Dutch government likely to extend virtual general meeting option to 1 October 2021

The emergency bill on coronavirus-related matters includes temporary facilities to mitigate the impact of the coronavirus outbreak on various aspects of society. For Dutch companies, the bill includes measures aimed at helping organise and time general meetings amidst the coronavirus pandemic, including the option of holding virtual shareholder meetings.
17 March 2021

The WHOA in practice: with greater clarity, come teething problems

On 1 January 2021, the Act on Court Confirmation of Extrajudicial Restructuring Plans (WHOA) came into force. Also known as the "Dutch Scheme", this new tool allows financial restructuring outside of insolvency proceedings. If certain formalities are met, courts can confirm an extrajudicial restructuring plan, making it binding on all affected creditors and shareholders regardless of their vote on the plan. The WHOA has been a long time in the making and is widely welcomed, especially considering the economic challenges imposed by the COVID 19 crisis. It was therefore no surprise that the first court requests under the WHOA were filed at the start of 2021, as soon as the law took effect. Since then, fourteen court orders have been handed down in a variety of cases. In these decisions, a pool of specialised “WHOA judges“ provide guidance on the interpretation of the WHOA. We discuss three important practical lessons that can be learned from the court decisions to date.
18 February 2021

Pre-election update on Dutch corporate governance legislation

With a caretaker government in place and elections set for March 2021, we take a moment to look at the status of pending corporate governance legislation. The government has not declared any of these bills controversial, but the lower house election recess, lasting through 22 March 2021, may cause delays.