Nicole Meijs

Short Reads - 's-Hertogenbosch Court of Appeal denies pledgee's claim that all present and future receivables of the pledgor were pledged to it by a deed of pledge dated 20 January 2014 and ruled that the receivables listed in the schedule attached to the deed of pledge were leading to establish on which receivables a right of pledge was created.

Articles - In a judgment dated 13 October 2015 in proceedings between a bank and its client the Arnhem-Leeuwarden Court of Appeal ruled that the bank was allowed to terminate the credit agreement with the client on the grounds that the client had caused a reduction in the value of shares pledged to the bank.  

Short Reads - That the corporate interests of a company are harmed through the actions of a pledgee holding the voting rights in respect of shares, does not in it itself increase support for a claim for deprivation of such voting rights as would be the case when claiming compulsory transfer of the actual shares - on the contrary, it appears.