Stibbe assists Henan Civil Aviation Development and Investment

Seminar - Shhhhhh.... Don't tell anyone! Trade Secrets in corporate matters. The secret of success is to know something nobody else knows (Aristotle Onassis) On 31 January 2020, our IP and corporate law departments organise a seminar on Trade Secrets in corporate matters.

Short Reads - As mentioned in our earlier blog, the Dutch legislator has prepared a bill – the Act on confirmation of private restructuring plans (Wet homologatie onderhands akkoord) – introducing a framework that allows debtors to restructure their debts outside formal insolvency proceedings (the “Dutch Scheme“). We expect this highly-anticipated bill to enter into force by this summer. The Dutch Scheme combines features from the UK Scheme of Arrangement and the US Chapter 11 proceedings. Below, we summarize certain key aspects of the Dutch Scheme.

Inside Stibbe - Luxembourg, 17 January 2020 – Stibbe reinforces its corporate & finance and asset management/funds practices in Luxembourg with the hire of Bernard Beerens (corporate partner), Audrey Jarreton (banking and finance counsel), Edouard d’Anterroches (investment funds partner), Victorien Hémery (investment funds partner), and Dayana Bert (investment funds counsel). Their arrival comes after the recent hire of tax partner Johan Léonard. All of these new additions demonstrate the firm’s commitment to expanding Stibbe’s service offering in Luxembourg.

Short Reads - "Determine your UBO for the three Benelux countries"  In Luxembourg, companies and other legal entities have been required to register their UBO(s) since 31 August 2019.  In Belgium, the UBO register is also already operational. Although 30 September 2019 was the formal deadline for registration, Belgian authorities announced they would begin policing non-compliance as from 1 January 2020. The Dutch legislator did not meet the implementation deadline. We expect that the law will not enter into force prior to 1 March 2020.