Podcast: The Dutch scheme - How it will work and what it will mean for the European Restructuring market
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The Dutch scheme (also known as WHOA), which is set to come into effect next year, will offer an alternative restructuring tool to the English scheme of arrangement and U.S. Chapter 11 proceedings.
Amsterdam-based restructuring partner Sigrid Jansen and Brechje van der Velden, senior partner in Allen & Overy's Amsterdam office, join London-based restructuring partner Jennifer Marshall to discuss the main features of the Dutch scheme and how it compares to the English scheme of arrangement.