WHOA

A gamechanger for companies finding themselves in heavy weather

Restructuring using the WHOA

Since January 1, 2021, companies in financial distress and their creditors have access to a powerful new legal tool: the WHOA (the Dutch Scheme), a true game changer.

The WHOA allows businesses to restructure their debts by negotiating an agreement with creditors and shareholders, including those who may not consent. This process helps companies manage acute liquidity issues by modifying or terminating burdensome agreements, ultimately preventing bankruptcy.

At Davids Law, we provide expert guidance throughout the WHOA process. Our lawyers are also available to serve as Observers or Restructuring Experts, ensuring a smooth and legally sound restructuring.

Want to learn more?

This brochure offers a detailed explanation of the WHOA and insights into how the process could work for your company. Our specialists are ready to assist you with tailored advice.

WHOA Brochure
Zeilboot in rustig vaarwater

Restructuring

Clear advice from a broad perspective

Surfer ontkomt aan heel grote brekende golf

Insolvency Law

We weigh up the risks
and spot the possibilities

Zeilboot op snelheid in harde wind

Litigation

Close to the wind
when necessary

Zeilboot op koers in zonnig weer

Commercial Contracts

The foundation for
successful business

Bestuurdersaansprakelijkheid - Davids Advocaten

Directors' liability

Strategic advice in financial heavy weather