Corporate restructuring, insolvency & litigation

Rijksmuseum, Amsterdam
Eye, Amsterdam

Dutch scheme

On 1 January 2021 the Act on the Confirmation of Private Plans, also known by its Dutch acronym “WHOA”, went into force. This Act introduces a pre-insolvency procedure in the Netherlands, which one might refer to as the “Dutch scheme”. On 1 January 2023 the WHOA was amended on a number of points.