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Dutch Supreme Court rules that refurbishment of former woolen fabrics factory into retail center resulted in 'essentially new constructed real estate' for VAT purposes

On Friday 11 November 2022 the Dutch Supreme Court ruled that the refurbishment of a former woolen fabrics factory into a retail centre resulted in ‘essentially new constructed real estate’ (in wezen nieuwbouw) for Dutch VAT purposes.

FAQ: Consequences of the Didam judgment for the sale of land by governments

In the Didam judgment of 26 November 2021 (ECLI:NL:HR:2021:1778) the Supreme Court ruled that public authorities must sell land in a transparent manner that gives all interested parties the opportunity to bid.

Proposal to amend European Emission Trading Scheme (ETS) in context of Fit-for-55

One component of the Fit-for-55 climate package is a revision of the European Emissions Trading System (ETS) to allow the ETS to also contribute to the target of 55% reduction in greenhouse gases by 2030 compared to 1990.

Energy label C obligation in commercial lease relationships

From 1 January 2023, office buildings must have an energy label of at least level C. Office buildings that do not yet have an energy label C or better must be made more sustainable.

Increasing control of data centre locations

Due to the impact of the booming data centre market, Dutch municipalities and provinces adopt data centre policies and umbrella zoning plans to regulate data centre locations.

De ‘terugkijktermijn’ knoopt aan bij de datum waarop de ernstige beroepsfout heeft plaatsgevonden

Het gerechtshof Den Haag heeft op 21 december 2021 een belangrijke uitspraak gedaan over de 'terugkijktermijn' van art. 2.87 lid 2 sub b Aw 2012 (ECLI:NL:GHDHA:2021:2487).

ESG: European Commission consults on Renewed Sustainable Finance Strategy

While battling the COVID-19 outbreak, the European Commission does not lose sight of the long-term objective to fully embed sustainability in the financial services landscape.

Climate case Milieudefensie et al. – The Hague District Court orders Shell to reduce CO2 emissions

On May 26, 2021, the District Court of The Hague rendered its judgment in the case between Milieudefensie and others against Shell.

Belgium's Energy & Climate Plan - What is the legislative framework for climate policy in Belgium?

Belgium adopts the first version of the National Energy & Climate Plan, which is a compilation of three individual climate plans from each of Belgium’s regions. It contains specific measures aiming to reduce CO2 emissions in Belgium.

Stibbe advises Elementis

Stibbe advises Elementis, a UK listed global specialty chemicals company, on the acquisition of Mondo Minerals Holdings B.V. for an enterprise value of $600 million on a cash and debt free basis.

De vierde handelsperiode van het Europees emissiehandelssysteem (ETS-IV): een overzicht van belangrijke wijzigingen per 1 januari 2021

Op 1 januari 2021 begint de vierde handelsperiode van het Europees Emissiehandelssysteem voor CO2 emissierechten (hierna ook: ETS-IV).  ETS-IV bevat een aantal wijzigingen ten opzichte van de derde handelsperiode (hierna: ETS-III).

Dutch Supreme Court answers prejudicial questions on the interpretation of the concept 'essentially new constructed real estate' for VAT purposes

On Friday 4 November 2022, the Dutch Supreme Court answered prejudicial questions of the Zeeland-West Brabant District Court on the interpretation of the concept of ‘essentially new constructed real estate’ (in wezen nieuwbouw) for Dutch VAT purposes.

The European Climate Law explained

Co-legislators on the European Climate Law reached a provisional agreement on April 21, 2021. This Climate Law is one of the key elements of the European Green Deal, published by the European Commission in December 2019.

E-book: 'Sustainable Finance in Europe'

Stibbe lawyers Marieke Driessen, Loes van Dijk and Ingrid van der Klooster contributed to the book 'Sustainable Finance in Europe' which was recently published.

Draft bill published to exclude RETT concurrence exemption for share deals

The Dutch government launched an online consultation on a draft bill to exclude the application of the RETT concurrence exemption as per 1 January 2024 in case of the acquisition of a share interest in companies owning newly developed real estate. 

The EU Green Claims Directive

The EU's proposed Green Claims Directive has emerged as a potential new framework aiming to tackle greenwashing and help consumers make greener choices when purchasing a product or using a service. 

Take aways Stibbe ESG & Sustainability Conference 2024

The Stibbe ESG & Sustainability Conference took place on 25 June. The take aways on the two main topics Greenwashing vs. Greenbleaching and Climate Litigation can be found in a freely accessible one-pager.

Ratification of European Climate Law and unveiling of the ‘Fit for 55’ climate package

Recent developments gave rise to write this update: the European Parliament has ratified the Climate Law and confirmed the goal of the European Union on climate neutrality by 2050. 

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