Prof. dr. I.S. Wuisman is Professor of Company Law at Institute for Privat Law, Department of Company LawProfile page
The social economy is gaining attention in Europe. Member States are asked to create supportive environments for this sector where people are prioritized above capital distribution. The worker cooperative may be a solid framework for this new paradigm.
A recent court decision in the Netherlands under the so-called inquiry procedure may give food for thought to other countries and induce them to introduce a similar procedure. This is of great value to small/medium-sized companies that are at standstill.