Notes the Netherlands' introduction of a bill on court confirmation of extrajudicial restructuring plans (CERP), influenced by UK schemes of arrangement. Highlights its compliance with Directive 2019/1023, its approval by the Lower House in May 2020, and its implications for Dutch restructuring. Details the two types of restructuring plan permitted under CERP, key features of their application and the potential timetable for implementation.
|Number of pages||3|
|Journal||Journal of International Banking Law|
|Publication status||Published - 2020|