Specialist Dispute Resolution in Financially Difficult Times

Throughout the world, companies are hit hard by the corona crisis.

The COVID-19 crisis has enormous consequences for businesses in many sectors for a longer period of time: drops in consumption/purchase, absence and limited mobility of staff, serious disruption of the production chain, and more limited options of financing.

It is expected that in the coming period many businesses, including suppliers and (end) customers, will unfortunately find themselves in financial problems. It is not often clear at once who is liable. Examples are suppliers and customers, and the role of directors and shareholders. Restructurings, reorganizations and bankruptcies cannot be excluded. This demands a lot from the directors involved in order to ensure continuity of the company.

These complicated market dynamics and legal complexity will inevitably lead to national and international “bet the company” disputes and legal proceedings between businesses, to recover damage, as well as to disputes with the receiver or the administrator in relation to a necessary restructuring or insolvency (including restructuring litigation and insolvency litigation). This requires specific expertise and sectoral knowledge for the best result. Urgent problems lie in the field of efficient (international) recourse and conflicting security rights.

Experienced sector focused team with multi-angle expertise

We have a specialist multidisciplinary team with a specific sector focus to service our clients best in these market dynamics. Our team is headed by an experienced specialist in insolvency and restructuring with specific expertise as an international receiver/administrator and an experienced specialist in (international) dispute resolution. With a tailored approach, we strive for the best results, so that our client can quickly go back to entrepreneurship: hard where necessary, soft where better results can be gained (later on).

Our elaborate knowledge and expertise of sectors of industry is reflected in our international rankings: band 1 Legal 500 2019 Retail, a hard-hit sector, band 2 Legal 500 2019 for financial institutions.

The team has an elaborate track record in complex international and national publicity-sensitive proceedings concerning businesses and their boards in financial problems (including restructuring and/or insolvency), representing either the claimant or the defendant. We work for multinational corporations, large financial institutions (banks and insurers), (former) shareholders, directors and (international) trustees/liquidators.