NL: Baas Plantenservice ordered to pay 2.5 million euros

The court in The Hague in the Netherlands has ordered former directors of Baas Plantenservice to pay 2.5 million euros to the official receiver.

Baas Plantenservice was declared bankrupt in early 2014. The company was active in the trade of flower bulbs, garden plants, bedding plants, house plants and perennials. In the period leading up to the bankruptcy, it was found that directors engaged in fraudulent transfers, wronging a number of creditors.

Receiver Guus Berntsen discovered this after the bankruptcy and sued the directors. He sued them for 2.5 million euros, the court ruled in his favor on all counts. The money will go to growers and suppliers via the receiver.

There is still a possibility for the directors to lodge an appeal.

Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber