Brand new Dutch Personal bankruptcy Operate provides for a method to respond to like a dispute (Article 122)
by 2.step one Says contrary to the property
In the event the a creditor contends he’s got a beneficial pre-insolvency allege from the debtor, (s)he’s to submit that claim towards the insolvency specialist for confirmation in order to be qualified to receive costs in the proceeds. This new insolvency specialist provisionally recognizes that claim if the (s)the guy doesn’t have arguments to your existence otherwise quantity of that claim. In the event the following no other creditor disputes (the amount of) new claim, the new verification fulfilling sets brand new legitimacy of your recorded allege, therefore the collector in question often express about proceeds. twenty-five 25 Depending on the positions of the claim since the well since whether the estate is sufficient to satisfy the claim at issue. The fresh new insolvency specialist have a tendency to dispute this new registered allege if (s)he has people questions regarding the lifetime of your own amount of which claim, that could give rise to a conflict to your collector. twenty-six twenty-six The latest verification techniques was put off when you look at the Post 110 et seq., DBA.
Pursuant to that device, new supervisory legal needs to make the effort (from the verification conference) to achieve money within disputants. Should your dispute along side claim contrary to the house cannot be resolved of the money, the supervisory judge will refer new dispute in order to judge procedures until the judge. twenty seven 27 That is also known as a great “renvooiprocedure” (allege recognition continuing). In view of definition of mediation created in that it contribution, it can be contended the supervisory court might have been tasked with a role detailed with an excellent “light” kind of mediation. 28 twenty eight Rutger Schimmelpenninck, “De rol van de- rechter c.q. rechter-commissaris,” inside the Sebastian Kortmann and Teun Struycken (eds), Herijking van het faillissementsrecht (Kluwer, 1999), 96: “Ook blijkt dat de wetgever aan een bemiddelende rol van de R-C heeft gedacht.” I make reference to this practice due to the fact a white sort of mediation, as its application is limited by new confirmation appointment.
dos.2 States of the property
This new role of supervisory legal when considering problems to claims of estate facing third parties is rather limited, while the (s)he’s only to decide on authorizing new insolvency professional in order to initiate legal process on the part of this new house. 29 31 Post 68(3), DBA. Particularly, disputes within insolvency practitioner additionally the debtor could cupid log in possibly get rotate doing accountability. New interviewees provided some samples of issues where (panel of) directors regarding a keen insolvent limited liability team occurred physically liable by the insolvency practitioner.
The brand new insolvency practitioner provides a variety of legislative basics at the his otherwise their disposal to hang the latest board from administrators – otherwise a single manager – out of a friends as you and you can severally responsible. The brand new insolvency professional can get, inter alia, hold the manager(s) liable to your business having incorrect management based on Article 2:9 of the Dutch Municipal Code (“DCC”) 30-30 Pursuant to that particular supply, the new movie director is likely getting damage suffered from the organization just like the out of incorrect government. or, significantly less than Content 2: of DCC, 29 31 Blog post 2:138, DCC is appropriate with the personal limited liability providers. Article 2:248, DCC 's the comparable into private limited-liability company. Pursuant these types of terms, the brand new administrators was accountable for the degree of that costs out-of a pals is higher than the assets shortly after liquidation. (s)he can hold the director(s) accountable on insolvency property to the improper show of jobs, in case it is probable that poor show out-of employment was a significant reason behind new insolvency. 32 thirty-two There are even almost every other grounds on which this new insolvency specialist get keep a manager myself responsible. For further discovering towards directors’ responsibility on Netherlands, select for example, H. De- Groot, Bestuurdersaansprakelijkheid. Recht durante Praktijk nr. ONR2 (Wolters Kluwer, 2011).