35 results Restructuring & Insolvency in the Netherlands - 2020 What duties and potential liabilities should the directors/managers have regard to when managing a company in financial difficulties? Is there a specific point at which a company must enter a restructuring or insolvency process? Accountants advising in real estate transactions: be aware of penalties in mortgage deeds The Court of Appeal of Arnhem-Leeuwarden ruled on 3 March 2020 that an accountant did not properly advise her client with respect to a sale of real estate (ECLI:NL:GHARL:2020:1875). Auditor liable for not including a provision for a third party claim? In a recent case, the Court of Appeal of Arnhem-Leeuwarden dismissed a claim of the bankruptcy trustee of Welsec against an audit firm for failing to ensure that the audited company, Welsec, included a provision in its annual accounts for [...] Stibbe contributes to the Financial and Business Crime Global Guide Hans Van Bavel, Elisabeth Matthys and Ann Apers contributed to the Financial and Business Crime Global Guide. E-book 'The current NOW and the expected changes in the new/extended NOW (NOW 2.0)'. On 1 April 2020, the Temporary Emergency Bridging Measure to Preserve Employment ("NOW") was published. Since 6 April 2020, employers can apply for a wage subsidy under the NOW. Temporary unemployment due to force majeure: extension of simplified procedures On 7 May, 2020, the ONEM/RVA has modified its instructions: the simplified procedures for temporary unemployment due to force majeure resulting from the Covid-19 crisis can be applied up to and including 30 June, 2020. E-book NOW-2: Second Temporary Emergency Bridging Measure Work Retention On 17 Mar 2020, Dutch cabinet announced the first emergency support package to address corona crisis impact for the purpose of Work Retention and Self-Employed persons. E-book: 'Practical implications of ESG disclosure regulations' As of 10 March 2021, many financial market participants and financial advisers will be subject to new disclosure obligations following the entry into force of the EU Sustainable Finance Disclosure Regulation (SFDR) on 29 December 2019. E-book about the NOW scheme The consequences of the measures taken because of the coronavirus outbreak affect almost all employers. On 17 March 2020, the government announced a package of new measures designed to save jobs and the economy with temporary financial arrangements. Non-contractual liability of the accountant who performs a non-statutory task The legal journal Maandblad voor Vermogensecht has published an article by Gertjan Boekraad on ‘the scope of the non-contractual liability of the accountant who performs a non-statutory task’. E-book: the new way of working A step-by-step relaxation of home working measures can lead to new questions among employers. In this e-book, we address the most important points for consideration. Proposal for a Directive on Corporate Sustainability Due Diligence On 23 February 2022 the European Commission (the "Commission") published a proposal for a Directive on Corporate Sustainability Due Diligence (the "CSDD proposal"). E-book: 'Equal pay for women and men: the most important legislative initiatives at European and national level' Although the right to equal pay of women and men has long been included in anti-discrimination law, there is still a difference in pay between women and men. That is why this subject is high on the agenda of the legislator. Stibbe advises Centtrip Stibbe advises Centtrip, one the UK's premier and most innovative fintech companies, on expanding into the European mainland by setting up a regulated electronic money institution in the Netherlands and its licence application with the Dutch Central Bank. Besluit aanwijzing organisaties van openbaar belang Op 10 juli 2019 is het Besluit aanwijzing organisaties van openbaar belang (Besluit) in het Staatsblad gepubliceerd. Audit firms and accountant's duty of care towards third parties The Dutch Supreme Court recently decided (ECLI:NL:HR:2019:744) that the standard for audit firms' and accountants' duty of care towards third parties is in essence no different than the general duty of care under Dutch tort law [...]. Employment related questions with regard to the Coronavirus The Coronavirus has an immediate impact on the employment situation of companies and employees. We provide an overview on the most important questions in this regard. How to cope with data protection rules in times of the coronavirus pandemic? Privacy issues are very pertinent in the fight against the coronavirus. Also in times of a global pandemic, general data protection restrictions must be respected. This section will focus on a number of considerations that can be taken into account. Pagination Current page 1 Page 2 Next page
Restructuring & Insolvency in the Netherlands - 2020 What duties and potential liabilities should the directors/managers have regard to when managing a company in financial difficulties? Is there a specific point at which a company must enter a restructuring or insolvency process?
Accountants advising in real estate transactions: be aware of penalties in mortgage deeds The Court of Appeal of Arnhem-Leeuwarden ruled on 3 March 2020 that an accountant did not properly advise her client with respect to a sale of real estate (ECLI:NL:GHARL:2020:1875).
Auditor liable for not including a provision for a third party claim? In a recent case, the Court of Appeal of Arnhem-Leeuwarden dismissed a claim of the bankruptcy trustee of Welsec against an audit firm for failing to ensure that the audited company, Welsec, included a provision in its annual accounts for [...]
Stibbe contributes to the Financial and Business Crime Global Guide Hans Van Bavel, Elisabeth Matthys and Ann Apers contributed to the Financial and Business Crime Global Guide.
E-book 'The current NOW and the expected changes in the new/extended NOW (NOW 2.0)'. On 1 April 2020, the Temporary Emergency Bridging Measure to Preserve Employment ("NOW") was published. Since 6 April 2020, employers can apply for a wage subsidy under the NOW.
Temporary unemployment due to force majeure: extension of simplified procedures On 7 May, 2020, the ONEM/RVA has modified its instructions: the simplified procedures for temporary unemployment due to force majeure resulting from the Covid-19 crisis can be applied up to and including 30 June, 2020.
E-book NOW-2: Second Temporary Emergency Bridging Measure Work Retention On 17 Mar 2020, Dutch cabinet announced the first emergency support package to address corona crisis impact for the purpose of Work Retention and Self-Employed persons.
E-book: 'Practical implications of ESG disclosure regulations' As of 10 March 2021, many financial market participants and financial advisers will be subject to new disclosure obligations following the entry into force of the EU Sustainable Finance Disclosure Regulation (SFDR) on 29 December 2019.
E-book about the NOW scheme The consequences of the measures taken because of the coronavirus outbreak affect almost all employers. On 17 March 2020, the government announced a package of new measures designed to save jobs and the economy with temporary financial arrangements.
Non-contractual liability of the accountant who performs a non-statutory task The legal journal Maandblad voor Vermogensecht has published an article by Gertjan Boekraad on ‘the scope of the non-contractual liability of the accountant who performs a non-statutory task’.
E-book: the new way of working A step-by-step relaxation of home working measures can lead to new questions among employers. In this e-book, we address the most important points for consideration.
Proposal for a Directive on Corporate Sustainability Due Diligence On 23 February 2022 the European Commission (the "Commission") published a proposal for a Directive on Corporate Sustainability Due Diligence (the "CSDD proposal").
E-book: 'Equal pay for women and men: the most important legislative initiatives at European and national level' Although the right to equal pay of women and men has long been included in anti-discrimination law, there is still a difference in pay between women and men. That is why this subject is high on the agenda of the legislator.
Stibbe advises Centtrip Stibbe advises Centtrip, one the UK's premier and most innovative fintech companies, on expanding into the European mainland by setting up a regulated electronic money institution in the Netherlands and its licence application with the Dutch Central Bank.
Besluit aanwijzing organisaties van openbaar belang Op 10 juli 2019 is het Besluit aanwijzing organisaties van openbaar belang (Besluit) in het Staatsblad gepubliceerd.
Audit firms and accountant's duty of care towards third parties The Dutch Supreme Court recently decided (ECLI:NL:HR:2019:744) that the standard for audit firms' and accountants' duty of care towards third parties is in essence no different than the general duty of care under Dutch tort law [...].
Employment related questions with regard to the Coronavirus The Coronavirus has an immediate impact on the employment situation of companies and employees. We provide an overview on the most important questions in this regard.
How to cope with data protection rules in times of the coronavirus pandemic? Privacy issues are very pertinent in the fight against the coronavirus. Also in times of a global pandemic, general data protection restrictions must be respected. This section will focus on a number of considerations that can be taken into account.