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Contractual clauses prohibiting the transferability or pledgeability of business claims could become void in the near future

We discuss a draft bill to declare contractual clauses limiting the transferability and/or pledgeability of claims in business relations void, and call upon the Dutch Senate to reconsider at least its applicability to existing contracts.

Hello new school year, hello new insolvency legislation: amendments to insolvency law enter into force today

Today the Act of 7 June 2023 transposing the EU Restructuring Directive (2019/1023) enters into force.

Stibbe advised on the transformative restructuring of the Frigoglass Group

Stibbe advised Frigoglass on the consensual recapitalisation and financial restructuring of Frigoglass S.A.I.C. and the group of companies formerly controlled by it (the “Frigoglass Group”).

Stibbe advises creditors of the Keter Group on its debt extension transaction

Stibbe has advised a group of senior lenders to the Keter Group on the successful completion of a transaction that includes maturity extensions of the Group’s senior and holdco PIK facilities.

The revised Network and Information Security Directive: enhancing EU cybersecurity standards

More businesses and organisations will have to strengthen their cybersecurity strategies, as the European legislator revised the NIS Directive. NIS 2 will impose stricter cybersecurity obligations on more organisations.

Gegevensbescherming in faillissement: uitdagingen voor de curator

In faillissement dient rechtmatig omgegaan te worden met persoonsgegevens. In de praktijk leidt dat tot uitdagingen voor de curator.

CJEU confirms “right of explanation” in battle between trade secrets and algorithmic transparency

The CJEU's recent ruling emphasizes the GDPR's demand for algorithmic transparency in automated decisions, challenging companies to explain their logic. The decision also shows the difficulty of balancing such transparency with trade secret protection.