The WHOA entered into force on 1 January 2021. The Homologation Private Agreement Act stipulates that the court can approve a private agreement between a company and its creditors and shareholder on the restructuring of debts, also known as homologation.
The WHOA gives companies the opportunity to make new agreements about the scope and conditions of claims. These agreements may include, among other things, the cancellation of part of the debts, whereby unwilling creditors are forced to
As restructuring specialists, the WHOA gives us an extra tool to serve you if your company is in dire straits. Reorganizing and resolving debts can help your business survive and thrive.
A WHOA will always require new money. This new money can be made available partly as debt and partly as venture capital.
We like to think and act along with you to keep control over the restructuring process with your financiers and your organization. Contact us by calling +31 20 211 7666, or email to info@crescera.nl.