Van der Moolen. Polare. Hillen & Roosen. A-Film. Work highlights. Assisting V&D with bankruptcy proceedings as trustees, a department store chain with 62 stores in the Netherlands. ‘High level administration and bankruptcy trustee practice, good lawyers, commercial and solution driven‘. A Dutch court has approved Van der Moolen Holding NV's request to be deemed insolvent, clearing the way for its liquidation. The once-mighty broker said Wednesday in announcing its request that. Michael Steen in Amsterdam Van der Moolen, once one of the biggest market makers on the New York Stock Exchange, has filed for bankruptcy in Amsterdam after administrators at the Dutch brokerage.
Related videosBankruptcy Court Hearings
News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services Dow Jones. Share Facebook Twitter Permalink. By Kevin Kingsbury. Most Popular Videos. Sponsored Offers. Join the Conversation. In mid-July Chief Executive Richard Den Drijver resigned and acting management said the top priority would be to raise capital. Dutch stock market regulator AFM has since said it has launched an investigation into Van der Moolen, but declined to elaborate on the nature of the inquiry.
Reporting by Reed Stevenson, editing by Leslie Gevirtz. Sign in. Accessibility help Skip to navigation Skip to content Skip to footer. Become an FT subscriber to read: Van der Moolen files for bankruptcy Make informed decisions with the FT Keep abreast of significant corporate, financial and political developments around the world.
Choose your subscription. Trial Not sure which package to choose? Try full access for 4 weeks. For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news. Digital Be informed with the essential news and opinion. Check availability.