Informationpage online course Group financing, restructuring and liability

This course is part of the Commercial Law programme.


  • Date and time: April 18, 2024, 3:00 PM – 6:15 PM
  • Location: Online in the CPO digital learning environment
  • PE credits: 3 PE points the Netherlands Bar and 3 HQ PE points

Practical information

Teams meeting

Click on the link below to go to the Microsoft Teams meeting:

Nu deelnemen aan de vergadering

Course evaluation

Your feedback is highly appreciated and will help us to improve the quality of our courses and our services. Click here to go to the evaluation. Choose ‘Evalueren met code’. The ‘evaluatiecode’ kxp-829.


In order to qualify for the full number of permanent education points the Netherlands Bar (NOvA) has awarded this course, you must attend the full online course and pass a test. The test consists of a number of multiple choice test questions and a code word. Below you will find the links:

Test questions

Code word

If you answer the test questions using your cell phone, you need to allow google translate in your mobile’s settings to access the questions.

Good luck.


Study materials

Outline and materials


Part 1

What is a group? Introduction

Interest of the shareholder / parent company versus interest of its subsidiary

Part 2

Voluntary shareholder’s liability

403 Statement / letter of comfort

Part 3

Involuntary shareholder’s liability

Tort – internal (towards the company) and external (towards creditors)

Part 4

Group financing: securities and restructuring

Pledge on shares, 403 Statement, Intra group settlement, WHOA, International group

Part 5

Restructuring (cont.)

Recourse (regres) and subrogation (subrogatie)


Part 1

Part 2

Part 3

Part 4

Part 5


Any questions?

Tel (024 – 361 24 09) or e-mail.

This information page with study materials is available for six months until after the course.