Twitter Logo Youtube Circle Icon LinkedIn Icon

Publishing firms

Legal Developments worldwide

Shipping & Transport - Netherlands

March 2012 - Transport. Legal Developments by AKD.

More articles by this firm.

Attaching maritime assets in insolvency

In most jurisdictions, under the universal approach to cross-border insolvencies a mortgagee cannot enforce a mortgage without the consent of the administrator. However, the Netherlands is an exception in this regard, and allows a mortgagee to enforce mortgages even if the debtor is insolvent.

Read more...

Reproduced with permission from International Law Office. This article was first published on the website www.internationallawoffice.com


For more information please visit www.akd.nl