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Arbitral award obligating Ecuador to prevent enforcement of USD 8.6 billion order does not violate public order

Due to environmental damage as a result of oil extraction in the Ecuadorian Amazon, oil company Chevron was ordered to pay USD 8.6 billion to Ecuadorian citizens.

Public Investment Funds Laws and Regulations in the Netherlands

Rogier Raas and Jeroen Smits have contributed the Dutch Chapter for the International Comparative Legal Guide to Public Investment Funds Laws and Regulations.

If EU Damages Directive does not apply, national rules enable claimants to claim EU antitrust damages

The European Court of Justice recently confirmed that if the EU Damages Directive does not apply, it is up to national rules to enable claimants to effectively claim EU antitrust damages.

Double roles in attributing knowledge

The knowledge of a person who in fact runs a company can be attributed to the company if the sole director and shareholder is a 'straw man', the Supreme Court confirmed in a judgment of 29 March 2019.

The Dutch UBO register will be introduced in January 2020

On 4 April 2019, a legislative proposal to implement the Dutch Ultimate Beneficial Owner (''UBO'') register (''UBO register'') was submitted to the Dutch parliament.

Damage due to a defective driveway and the Dutch twenty year limitation period

On 22 March 2019, the Dutch Supreme Court ruled (ECLI:NL:HR:2019:412) that the strict liability for buildings (opstalaansprakelijkheid) is not linked to a specific damaging act but to a damaging condition, as referred to in section 6:174 DCC. Therefore, t

Handbook on the Netherlands Commercial Court published

To coincide with the opening of the Netherlands Commercial Court, Matthijs Kuijpers of Stibbe Amsterdam has released the handbook on this new court setting out all relevant information concerning this new international court and what it may offer parties

Lifting attachments on assets of international organisations in another state

Are Dutch courts entitled to lift a prejudgment attachment levied against an international organisation on its assets in another state?

AFM-verkenning “Kwetsbaarheden in de structuur van de accountancysector”

Op 21 november 2018 publiceerde de AFM een rapport naar aanleiding van een door haar uitgevoerd verkennend onderzoek naar de “kwetsbaarheden” in de structuur van de accountancysector. Diezelfde dag kondigde de Minister van Financiën aan, mede in het licht

Financial regulatory law update 2019

Several changes to Dutch financial regulatory laws entered into force in January and February 2019. In this article we provide a short summary of these changes.

Stibbe advises KAS BANK

Stibbe advises KAS BANK on the recommended all-cash public offer by CACEIS for KAS BANK.

Commercial interest on overdue interest payments on a loan – uncertainty remains

If a person buys a car from a car dealer and fails to pay the purchase price on the agreed date, that person has to pay not only the purchase price but also statutory interest (Clause 6:119 DCC), unless otherwise agreed.

UK investment firms will be temporarily exempt from the Dutch licensing requirement as of 30 March 2019

On 4 February, the Dutch Minister of Finance published an amendment to the Exemption Regulation under the Financial Supervision Act (Vrijstellingsregeling Wft). The amendment provides for a temporary exemption from the licencing requirement for investment

Britse beleggingsondernemingen worden na 30 maart 2019 tijdelijk vrijgesteld van de vergunningplicht in Nederland

De minister van Financiën heeft op 4 februari jl. een wijziging van de Vrijstellingsregeling Wft gepubliceerd. Ondernemingen die vanuit het Verenigd Koninkrijk in Nederland door middel van grensoverschrijdende dienstverrichting beleggingsdiensten verlenen

Daisy Nijkamp

Partner Amsterdam

Consultatie voorontwerp Wet 'bedenktijd beursvennootschappen' en overige ontwikkelingen ten aanzien van de bescherming van vitale sectoren

Eerder behandelden wij de toegenomen aandacht, zowel in Nederland als in Europees verband, voor bescherming van beursgenoteerde vennootschappen tegen ongewenste overnames en bescherming van vitale economische sectoren.

Voortgang Wetsvoorstel omzetting aandelen aan toonder

Op 9 april 2018 is het wetsvoorstel Wet omzetting aandelen aan toonder bij de Tweede Kamer ingediend.

Inwerkingtreding Wet bescherming bedrijfsgeheimen

Op 23 oktober 2018 is de Wet bescherming bedrijfsgeheimen in werking getreden.

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