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Van der Moolen Holding N.V.

Van der Moolen Holding N.V.

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Publicatie datum 09 sep 2009 - 22:59
Statutaire naam Van der Moolen Holding N.V.
Titel Van der Moolen Holding N.V. files for bankruptcy
Bericht The administrators of the trading firm Van der Moolen Holding N.V. ("VDM") have requested the Court of Amsterdam to convert the provisional suspension of payments, which was granted on August 10, into bankruptcy. This became necessary since the ongoing expenses, including the salaries of the employees could no longer be paid during September. Furthermore, it became apparent during the last weeks that there are no possibilities to sell VDM or to continue as a smaller company. The Board of VDM will not resist the request to the Court. The request is expected to be granted in the morning of September 10, 2009, and would come into effect retroactively as of 00.00 hours.