Legislator Case Law & Legislation
ECLI:NL:RBROT:2019:1699 ECLI:NL:RBROT:2019:1699 AI generated

Court lifts freezing order on company assets due to severe financial risk and lack of proven damage.

Case Number ECLI:NL:RBROT:2019:1699
Court / Authority
Jurisdiction Netherlands (NL)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The court lifted the freezing order placed on the defendant's assets, ruling that the plaintiff's business faces imminent collapse. The defendant argued the order was necessary to secure a claim based on bank guarantees, but the court found no actual damage had occurred since those guarantees were unused. Consequently, the court ordered the defendant to assist in lifting the freeze while imposing a penalty for non-compliance.

Legislator headnote

AI generated

Articles 717a and 717b of the Code of Civil Procedure; The court may lift a freezing order if the applicant demonstrates a serious risk of business failure and the applicant has not yet suffered actual damage from the underlying claim.

Keywords

AI generated
freezing order lifting order business failure risk actual damage Code of Civil Procedure

Cited Legislation

AI generated
Articles 717a and 717b of the Code of Civil Procedure
artikel 21 Rv
art. 21 Rv
artikel 705 lid 2 Rv
artikel 6:74 lid 2 BW
artikel 6:81 BW
Artikel 6:82 BW
Artikel 6:83 BW
artikel 6:74 BW

Cited Case Law

AI generated
NJ 1997/481
NJ 1981/635
NJ 1994/574
AI generated

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