THE DISMISSAL OF A TRUSTEE IN BANKRUPTCY IN THE DUTCH CARIBBEAN

Dismissal not always at the sole discretion of the judge

A Netherlands Antilles bankruptcy judge may at any time after having heard or after having properly summoned the trustee in bankruptcy, dismiss the trustee and replace him by one or more other trustees. This may be done at the request of the debtor, the trustee himself, another trustee, one or more creditors, the commission of creditors, or by the Judge on his own motion. There are no provisions in the law that stipulate, by reference, according to which consideration(s) such application is decided upon by the Judge.

In a particular …
Read the rest »

14
Mar 2009
CATEGORY

Legal

COMMENTS No Comments