Resumen de LBOs go double Dutch.

Nauta Dutilh, Teun Struycken, David Viëtor

• The article explains the reason why large and mid-sized European leveraged buyout (LBO) financings have been structured using a double Luxembourg holding company structure. It outlines the common method used to enforce a Dutch share pledge, an out-of-court private sale by the pledge to a third party, as well as the procedure for transfer voting rights from the pledgor to the pledgee. Also discussed are the insolvency proceedings in other European Union (EU) member states