Invitation to PhD defence Samantha Renssen, ICGI PhD Fellow

PhD candidate Samantha Renssen will defend her dissertation “Turbo-liquidation of the Close Corporation” on Wednesday 18 November, 16.00 hrs. The event will be held at the Aula of Maastricht University, Minderbroedersberg 4-6. 
Her supervisor is prof. Kid Schwarz, co-supervisor is Jos Hamers.

More about Samantha’s PhD research:

Book 2, Section 19(4) of the Dutch Civil Code offers the option of dissolving a private company without pursuing winding-up proceedings when there are no longer any assets at the time of the dissolution. The private company ceases to exist immediately after the board has made a statement of dissolution at the Chamber of Commerce. As no winding-up proceedings need to be pursued, the turbo-liquidation is seen as a cheap and quick way to dissolve a private company. The question arises however as to whether this assumption is correct. The PhD thesis of Samantha Renssen shows the opposite: the turbo-liquidation is not at all as simple as is often suggested. On the contrary, a carefully considered decision on whether or not to turbo-liquidate a private company’s requires thorough legal knowledge. Moreover, the turbo-liquidation as a method of dissolution appears to offer fraudsters an opportunity to limit personal risks.

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