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Stibbe advises MTS Systems Corporation

Stibbe advised MTS Systems Corporation ("MTS"), listed on NASDAQ and a leading global supplier of high-performance test systems and sensors, on the USD 80 million acquisition of E2M Technologies B.V. ("ETM").

Tax Alert: State Secretary of Finance announces main features of the revised Dutch tax ruling practice

In his letter of 22 November 2018 (the “Letter”), the Dutch State Secretary of Finance outlines the revised Dutch ruling practice for tax rulings with an international character (“international tax rulings”), aimed to become effective as from 1 July 2019.

Stibbe advises MRDH

Stibbe advised the metropolitan region of Rotterdam and The Hague (MRDH) on a loan of EUR 115 million to companies EBS (13.4 million) and RET (102 million) to buy buses for the concessions Voorne-Putten and Rozenburg and Bus Rotterdam.

Stibbe advises Intertrust on notes offering and new facilities agreement

Stibbe advised Intertrust on a EUR 500 million notes offering and a new facilities agreement.

 

Tax Alert: Adoption 2019 Tax Plan and ATAD 1 proposal by the Dutch Lower House of Parliament

Further to the several tax proposals released by the Dutch government on Budget Day last September (the 'Proposals' –  see also our Tax Alerts of 20 September 2018 and 16 October 2018), on 15 November 2018 the Lower House of Parliament has adopted the 201

Stibbe represents bankruptcy trustees MC Slotervaart in dispute with medical specialists

In summary proceedings against the bankruptcy trustees of the Amsterdam hospital MC Slotervaart, a group of medical specialists claimed they had been given insufficient time to make an offer to take over the bankrupt MC Slotervaart. The specialists applie

European Court of Justice clarifies the application of choice of forum clauses in competition damages claims

On 24 October 2018, the European Court of Justice ruled that a choice of forum clause in a contract between Apple and eBizcuss, a former reseller of Apple products, may apply to abuse of dominance claims.

ACM bound by its own rules during dawn raids

Companies are well advised to carefully read the 2014 Procedure for the inspection of digital data (2014 Procedure) before the Dutch Authority for Consumers and Markets (ACM) comes knocking.

Rotterdam District Court rules on follow-on damages claim in relation to Dutch bitumen cartel

The Rotterdam District Court recently clarified that the date of news coverage of a European Commission dawn raid will not set off the limitation period for a cartel damages claim if it is not clear to the potential cartel victim that [...].

A problem shared is a problem halved: fine reduction and fine liability are correlated

Companies should beware that when held jointly responsible for a cartel infringement, a fine reduction granted to one of them could affect the joint and several liability of fines allocated to the remaining companies.

Franchise argument in laundry cartel does not wash with Dutch court

Companies participating in a franchise agreement are advised to carefully assess possible competition law concerns, particularly if the franchisees are (potential) competitors.

Stibbe advises Technische Unie

Stibbe advises the largest technical wholesaler in the Netherlands, Technische Unie, on the finalisation of a turnkey purchase agreement with Borghese Logistics.

Stibbe acts as lenders' counsel on A24 Blankenburg connection project

Stibbe has advised the lenders providing finance to BAAK Blankenburg-Verbinding B.V., a consortium consisting of Ballast Nedam, DEME and Macquarie Capital, on reaching financial close in the A24 Blankenburg connection project.

Tax Alert: No abolition of Dutch dividend withholding tax

Further to the several tax proposals released by the Dutch government on Budget Day last month (see our Tax Alert of 20 September 2018), on 15 October the Dutch State Secretary of Finance sent a letter to the Dutch parliament containing a reconsideration

Financial Services Disputes in the Netherlands

What are the most common causes of actions taken by or against financial institutions and service providers in Dutch jurisdiction?

The Dutch scheme - a summary of the upcoming new restructuring tool

The Dutch legislator has prepared a bill – the Act on confirmation of private restructuring plans – introducing a framework that allows debtors to restructure their debts outside formal insolvency proceedings (the "Dutch Scheme").

Stibbe advises IBM

Stibbe advises IBM on several senior executive termination cases.

Dutch Supreme Court ruling on Dutch substantial interest rules

On 10 January 2020, the Dutch Supreme Court ruled on an important case whereby a dividend distribution by a Dutch holding company to its Luxembourg corporate shareholder was subject to Dutch corporate income tax based on the Dutch substantial interest rul

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