General terms and conditions (online course)

• Commercial law programme: tailored to legal experts with an international practice 
• Abundant in interaction, insights and eye openers 
• Learn today, apply tomorrow 

About this course

In recent years we have come across several issues of Group Financing and restructuring, e.g. international restructuring outside the Netherlands while including Dutch companies (Oi Group case), restructuring of Dutch groups such as HEMA, and legislation on the ‘Dutch scheme’ (WHOA). Apart from recent developments, Group Financing has touched on several multidisciplinary legal issues over the years, in the field of company law, including the 403-declaration, and civil law, like liability law, securities law, and the law of contribution (regres) and subrogation.

This course will provide a broad overview of topics related to Group Financing. How should you distinguish between the interest of the individual company and that of the group? To what extent may a holding company as a director and shareholder be held liable by creditors of its subsidiary? Which securities can be provided to financing parties and how do they contribute to restructuring? How can you restructure through enforcement of a pledge on shares in subsidiaries? What tools does WHOA provide for a group restructuring? How should group companies, being jointly and severally liable, contribute, if one of them has made payment?

After completing the course you will possess up-to-date knowledge of a broad range of subjects with regards to Group Financing. You will be able to make a first assessment of restructuring and liability issues that may arise within a group of companies.

This course is part of the Commercial Law programme.

Some of the topics covered:

• Incorporation and reference of terms and conditions; battle-of-forms 
• Avoidance of terms due to lack of information or unfair content 
• Consumer law and terms and conditions 
• Notable judgments: ECJ Appingedam case and Dutch Supreme Court ABN AMRO/SdB and Euribar 
• Common pitfalls in incorporating terms and fulfilling the duty to inform 

Target group

Lawyers, company lawyers, legal counsels, legal financial professionals

Quality assurance

The CPO is a certified training institute. Our courses are recognised by the Netherlands Bar.