Insolvency of the general partnership… but perhaps not of the partners….

Legal news

With effect from 6 February 2015, the partners of a general partnership (VOF) will not automatically be declared insolvent if the general partnership that they are partners of is declared insolvent. The Dutch Supreme Court considered this in its ruling of last Friday (6 February 2015 –¬†ECLI:NL:HR:2015:251).