The bankruptcy trustee has exclusive powers In a bankruptcy, the rights and powers to which the bankrupt company is entitled (for example the challenge of a claim) may only be exercised by the bankruptcy trustee. Also, only the bankruptcy trustee may exercise significant rights to which every individual creditor is entitled outside of the bankruptcy.… Continue reading THE BANKRUPTCY TRUSTEE VERSUS INDIVIDUAL CREDITORS OF A BANKRUPT UNDER THE LAWS OF THE NETHERLANDS ANTILLES
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