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Secured lending under Dutch law: How to preserve security enforcement rights upon bankruptcy
11 March 2011
This article discusses the position of secured creditors that have obtained a Dutch law security interest over rights, more specifically an undisclosed pledge (stil pandrecht) over rights (including receivables), in the event that the security provider becomes subject to Dutch law bankruptcy proceedings (failliet wordt verklaard) or a Dutch law moratorium (surséance van betaling).
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