The Dutch Scheme (WHOA)
The Act on the Confirmation of an Extrajudicial Restructuring Scheme (the Dutch Scheme (WHOA)) has entered into force on 1 January 2021. The Dutch Scheme is based on the U.S. Chapter 11 and English Scheme of Arrangement.
Please find below the documents and tools on the Dutch Scheme our restructurering & insolvency team has prepared.
Background information
Useful tools
Publications
Wettekst, wetsgeschiedenis, procesreglement en richtlijnen
Publications
Spring update The Dutch Scheme 2024
Update The Dutch Scheme in cross-border restructurings (d.d. 22-05-2024).
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Useful tools
Fact sheet
A clear explanation of the Act, on a single page (31-05-2024).
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Publications
Dutch Scheme update
Q&A and notes on five leading cases.
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Publications
Case Note – Dutch Scheme (WHOA) can be used to force lenders to continue credit lines
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Background information
Newsletter
A more detailed outline of what the the Dutch Scheme will entail (07-08-2020).
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Background information
The Dutch Scheme (WHOA) Thermometer
This tool enables you to assess in six steps whether the Dutch Scheme is useful for an investment or restructuring (30-10-2020).
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Publications
Dutch Scheme: Tool or Trouble?
A short read by Mark Mouthaan and Marcel Windt in the General Counsel Netherlands E-Newsletter.
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