Evaluation of the Guarantee Scheme Bankruptcy Administrators 2012
(full text only available in Dutch)
- Ridder, J. de, Beukers, M., Koning, J., Lennarts, M.L., Verstijlen, F.M.J. , Struiksma, N. (ass.), Vriesendorp, R.D. (ass.)
- University Groningen - Pro Facto, WODC
- Place of publication:
- University Groningen - Pro Facto
- Year of publication:
The insolvency estate is not always sufficient to be able to pay the cost of the administrator’s investigation and any legal actions that may arise from this. In cases in which the estate is insufficient, the Guarantee Scheme Bankruptcy Administrators 2012 provides financial support to the administra-tor to take legal action on grounds of director’s liability or fraudulent conveyance or transfer and to start a preliminary investigation or to investigate the possibility of taking such legal action.
The Guarantee Scheme was amended in 2012 further to an evaluation study conducted in 2006. The number of administrative acts has been decreased and the supervisory role of the examining magis-trate reduced. The ratio between the maximum amount of the guarantee requested and the amount of the debts has been relaxed to 1:2. In the meantime thought has been given to how the Guarantee Scheme should develop in the future. This evaluation study is a result of this.
- Pro Facto
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