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Equity raises: prospectus exemptions and share issuance approvals

In this note we discuss the interplay between prospectus exemptions and share issuance authorisations of listed Dutch companies. Prospectus exemptions are expanded under the EU Listing Act, but will Dutch issuers be able to take full advantage?

Court of Appeal overturns first instance judgment and establishes that several prestressing steel producers are liable for the potential loss alleged by Deutsche Bahn

The Court of Appeal of 's-Hertogenbosch ruled that several producers of prestressing steel are jointly and severally liable for potential loss that Deutsche Bahn may have suffered as a result of an infringement of competition law rules.

EU Listing Act: Market Soundings Regime

Market soundings are a tool for issuers and financial market participants to gauge investor interest in potential transactions before they are publicly announced. These interactions often involve sharing inside information as defined by the MAR.

Tweede Kamer neemt Wijzigingswet accountancysector aan

Op 23 september 2025 heeft de Tweede Kamer het voorstel voor de Wijzigingswet accountancysector (voorheen: Wet toekomst accountancysector, hierna: Wijzigingswet) aangenomen.

Daniël Muis

Senior Associate Amsterdam

Suze Chevalier

Junior Associate Amsterdam

Caroline Debue

Associate Luxembourg

Stibbe advises BN-TAV joint venture on construction of sustainable new A pier at Schiphol Airport

Stibbe advised the joint venture of Ballast Nedam and TAV Construction (BN-TAV) in relation to the construction of the new A pier at Amsterdam Airport Schiphol.

ESG disclosure in equity prospectuses: current state of affairs

In a world where ESG takes centre stage, equity prospectuses will need to include disclosure on all material ESG-related matters.

Stibbe advises European construction company in Zuidbroek nitrogen plant dispute

Stibbe is advising a leading European construction company in a dispute with main contractor Air Products concerning the alleged termination of the contract for the construction of the Zuidbroek nitrogen plant in Groningen.

Stibbe advises on University of Groningen landmark building

Stibbe is advising a European construction company as part of the realisation of the new groundbreaking university building of the University of Groningen, which will become one of the largest university buildings in the Netherlands.

Stibbe advises on CoolTower Rotterdam landmark project

Stibbe advised a leading European construction company on all legal aspects of several landmark construction projects in the Netherlands

Happy first anniversary! One year of the Vifo Act: an update

On the first of June, the Dutch national security investment screening regime (the Vifo Act) celebrated its first anniversary. Time to take stock of key findings and forthcoming developments.

Listing Act: Expanded exemptions for managers to trade during closed periods

In October 2024, the European Council adopted the EU Listing Act, a legislative package that includes changes to the Market Abuse Regulation. We discuss the expanded exemptions to the prohibition of PDMRs carrying out transactions during a closed period.

Listing Act: reversing MiFID II's unbundling regime – is it enough?

The Listing Act rolls back the unbundling requirements introduced by MiFID II by once again permitting joint payments for investment research and execution services. In this article, we address the background and practical implications of this amendment.

EU Listing Act enters into force 4 December 2024

The EU Listing Act, which includes updates to the Prospectus Regulation, Market Abuse Regulation, Markets in Financial Instruments Regulation, and to the Markets in Financial Instruments Directive, has been published on 14 November 2024.

Listing Act: Inside information disclosure in a protracted process

In April 2024, the European Parliament adopted the EU Listing Act. We discuss the removal of the obligation to immediately disclose an intermediate step in a protracted process that constitutes inside information under the Market Abuse Regulation.

Cross-border corporate lending into the Netherlands

Cross-border corporate lending is set for change as CRD VI introduces new licensing obligations, requiring non-EU lenders to reassess their activities in the Netherlands and the EU for all in scope contracts signed on or after 11 July 2026.

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