Stibbe assists Belgium's public export credit agency

Experience - Stibbe together with Shearman & Sterling advised the Abu Dhabi National Oil Company (ADNOC) on the acquisition of a 10% interest in VTTI BV, the owner and operator of storage terminals in 14 countries, including amongst others the Netherlands and Belgium, with 60 million barrels of capacity. Vitol and the IFM Global Infrastructure Fund will both own a 45% interest in VTTI.

Experience - Stibbe has represented Vantage Deepwater Drilling Inc. and Vantage Deepwater Company (Vantage) in the enforcement of an arbitral award against Petrobras in the Netherlands. Stibbe worked on this matter in close cooperation with Quinn Emanuel Urquhart & Sullivan and Sidley Austin.

Experience - Stibbe represented the bankruptcy trustees of  the Amsterdam hospital MC Slotervaart in proceedings against the City of Amsterdam, centred on the City’s demand that the bankruptcy trustees investigate whether there were any irregularities prior to the bankruptcy.

Experience - Under the strict sustainability provisions of the Agreement on Energy for Sustainable Growth 2013 (known as the Energy Agreement), coal-fired power plants in the Netherlands are using an increasing proportion of biomass instead of coal.

Experience - Following the introduction of a new national financial distribution model, the large municipalities of The Hague, 's-Hertogenbosch, Amersfoort and Utrecht have been allocated insufficient government funds to finance social security payments. On 1 July 2019, the Central Appeals Tribunal ruled that this was unlawful and instructed the Ministry of Social Affairs to find a new distribution method.

Experience - Stibbe represented the bankruptcy trustees of the Dutch merchant bank, Indover Bank, in a major dispute with Bank Indonesia. Indover Bank was a 100% subsidiary of Bank Indonesia and was declared bankrupt in 2008.