Wederkerige overeenkomst (faillissement)
Reciprocal contract (bankruptcy)
In bankruptcy, the trustee can choose whether to honor a reciprocal contract. The counterparty can set a reasonable deadline for this choice.
In bankruptcy, the trustee can choose whether to honor a reciprocal contract. The counterparty can set a reasonable deadline for this choice.
“The reciprocal contract (bankruptcy) plays a role in Dutch law.”
Source: Legal dictionary
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