TRANSFERS FOR NO CONSIDERATION UNDER THE LAWS OF THE NETHERLANDS ANTILLES

The law protects creditors In general, Netherlands Antilles law does not prohibit transfers for no consideration. However, it should be pointed out that under Netherlands Antilles law statutory provisions exist which see to it that no transactions are done for no other reason than to disadvantage creditors or making recourse of creditors impossible. For example,… Continue reading TRANSFERS FOR NO CONSIDERATION UNDER THE LAWS OF THE NETHERLANDS ANTILLES

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