Month: December 2005

The moratorium rules are not applicable to banks and insurance companies The Netherlands Antilles Bankruptcy Decree 1931 is applicable to all corporations, associations, foundations, partnerships and individuals; insurance companies and banks (including Netherlands Antilles Branches of foreign banks) not excluded. However, the provisions in respect of moratorium (‘surséance van betaling’) are not applicable in respect… Continue reading EMERGENCY MEASURES UNDER THE LAWS OF THE NETHERLANDS ANTILLES

A method to reduce a credit risk A credit default swap is an agreement between two parties which allows the transfer of a third party credit risk from one party (the lender) to the other. The lender, for example a bank, faces a credit risk if it borrows money to a client and it may… Continue reading CREDIT DEFAULT SWAPS UNDER THE LAWS OF THE NETHERLANDS ANTILLES