MORATORIUM OF PAYMENTS IN THE DUTCH CARIBBEAN (II)

The debtor may make an offer of composition
The nature of a Netherlands Antilles’ moratorium differs substantially from a moratorium under US law and does, in particular, not cause pending proceedings to be stayed. Generally, a moratorium in the Netherlands Antilles protects a debtor from claims existing at the time of the moratorium. It does not prevent litigating such [...]

Filed under: legal by Karel.Frielink
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