CO-DEBTORS AND THE LAWS OF ARUBA AND THE NETHERLANDS ANTILLES

Is a deed of joint and several liability compatible with the company’s purpose?
A deed of joint and several liability generally achieves the goal of creating a second, jointly and severally liable debtor. Banks for example may require such a deed as part of their financing arrangement.
Although a joint and several liability is not technically the [...]

Filed under: legal by Karel.Frielink
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