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International Law

: Karel's Legal Blog

BANKRUPTCY AND INTEREST CLAIMS IN THE DUTCH CARIBBEAN

By Karel.Frielink

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Bankruptcy vs non-bankruptcy claims There are special statutory provisions regarding agreed interest rates, for instance, in a contract between the creditor and a party who subsequently goes bankrupt, during a bankruptcy (faillissement) and moratorium on payements (surseance van betaling). It is explicitly stated in the Netherlands Antilles Bankruptcy Decree (Faillissementsbesluit 1931) that only the interest accumulated [...]

Full post as published by Karel's Legal Blog on March 02, 2009 (boomark / email).

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