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Market parties with an interest in the Dutch non- and sub-performing loan market and their advisors have been awaiting the Dutch Supreme Court judgement in the latest episode of the Cerberus Van Lanschot saga for some time now. The questions put before the Dutch Supreme Court concerning the transferability of bank’s claims to non-banks and the duties of care imposed on sellers and buyers of such receivables are of interest to sellers and buyers of non- and sub-performing bank loans alike.

Interested in the latest legal insights on AI, Machine Learning and Big Data from a Dutch perspective? Louis Jonker, Berber Bosch and Lodewijk Heinsman contributed to the exclusive Netherlands chapter of Global Legal Group's GLI – AI, Machine Learning & Big Data 2020, which is now online and free to access.

The Dutch House of Representatives approved the bill for the introduction of a pre-insolvency composition (the so-called: "Dutch Scheme") with a view to entry into force on 1 July 2020.

The Minister of Social Affairs and Employment announced on 20 May 2020 that the Dutch Emergency Fund Bridging Employment, known as the NOW (Noodmaatregel overbrugging voor behoud van werkgelegenheid), will be extended to cover the months of June, July and August 2020 in the form of the NOW 2.0. The Minister also announced some amendments to the NOW 1.0, which covers the months of March, April and May 2020. Please find a link to our article on the NOW 1.0 here. Below you will find the relevant differences between the NOW 1.0 and the NOW 2.0 and the amendments to be made to the NOW 1.0.