Navigating Restructuring in the Netherlands and Beyond

This chapter explores the costs and timelines of corporate restructuring in the Netherlands compared to traditional Chapter 11 proceedings in the US, emphasizing the efficiency and lower expenses of alternatives like the Dutch WOA. It assesses the implications of cross-border financial cases, third-party releases, and legal recognition, highlighting the growing competition from international systems. The discussion also reflects on the evolving nature of directors' duties and desired reforms in restructuring frameworks.