Windt Le Grand Leeuwenburgh Advocaten

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.

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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 (01-03-2025).
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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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International recognition of the Dutch Scheme

Introduction On 1 January 2021, the Dutch Scheme Act ('WHOA') came into effect. This restructuring procedure compares well to the US Chapter 11 and the UK Scheme of...

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Dutch Scheme WHOA can be used to force lenders to continue credit lines

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Drafting proper minutes for the supervisory board

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Every advantage has its disadvantage (and Vice Versa)

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Recent Dutch case law on the termination of agreements without cause

As part of transactions, parties often enter into term sheets and various types of ancillary agreements, such as consultancy or management agreements. Disputes concerning...

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18-03-21

COVID-19 and Dutch filing and accounting obligations

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Deliveroo drivers are employees

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