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ARTICLE · 19 SEPTEMBER 2012

Case Law Further Restricts Prejudgment Attachment

Last summer, in June 2011, the conditions set on applications for attachment have been tightened in favor of debtors.

NetherlandsCorporate/Commercial Law
Bart-Adriaan De Ruijter
Bart-Adriaan De Ruijter

Changes to Requirements for Attachment in Attachment Syllabus 2011

Last summer, in June 2011, the conditions set on applications for attachment have been tightened in favor of debtors. This tightening has helped to bring the Netherlands back in line with the international community. The conditions for a prejudgment attachment may be consulted online in the attachment syllabus (see www.rechtspraak.nl). In brief, the changes imply that both the claim of the creditor and the defense of the debtor require an even better substantiation, if necessary with exhibits. The creditor must state the reasons why the attachment is necessary, and why he chose to attach the goods mentioned in the application for attachment rather than a less onerous object of attachment (e.g. the attachment of an immovable property rather than a prejudgment garnishment against an account holder of a bank). Furthermore, the term of attachment is fixed at 14 days, and the option of extending this term

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