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Findings published from study into Dutch lucrative interest scheme – carried interest / sweet equity

The Dutch Government published findings from a study performed into the Dutch lucrative interest scheme, which scheme generally applies to carried interest / sweet equity arrangements of managers of private equity funds and their portfolio companies.

M&A case law: PE seller liable on the grounds of fraud by its portfolio company’s CFO

The Netherlands Commercial Court (NCC) recently ruled in a post-closing M&A dispute that a seller was liable for warranty breaches on the grounds of fraud committed by its former portfolio company's CFO.

Stibbe advises RWE on the EU merger control aspects of its acquisition of the Magnum power plant in Eemshaven

Stibbe advises RWE on the acquisition from Vattenfall of the state-of-the-art gas-fired power plant Magnum with a capacity of 1.4 gigawatt and a 5.6 megawatts solar plant at Eemshaven, the Netherlands.

Dutch court confirms: Samsung's 'price recommendations' practices were unlawful

The Rotterdam District Court has delivered its judgment in the ACM's first-ever vertical restraints case. It upholds the fine imposed on Samsung for coordinating its retailers' online consumer prices under the pretence of 'price recommendations'.

Key Insights Stibbe Equity Capital Markets Seminar 2025

On Thursday 19 June 2025, Stibbe hosted its annual Equity Capital Markets Seminar. The gathering, hosted by Pieter Schütte and Nora Offergelt, was attended by over 70 capital markets participants.

National Agenda for Underground Hydrogen Storage: overcoming barriers for an essential link in energy transition

The Dutch government published its national agenda for underground hydrogen storage (National Agenda) on 4 July 2025. This blog outlines the National Agenda including specific envisaged regulatory actions and next steps scheduled for the coming year.

Dutch Supreme Court decides on liability of de facto directors under Dutch law: ‘setting aside’ of formal directors is not required

In bankruptcy proceedings, directors under the articles of association of a Dutch B.V. or N.V. can be held liable by a bankruptcy trustee on the basis of specific articles of the Dutch Civil Code concerning manifestly improper management.

Dutch Supreme Court answers questions on setoff before and during bankruptcy and suspension of payments

The authors discuss a recent judgment by the Dutch Supreme Court that extends the right of setoff for banks before and during bankruptcy and suspension of payments.

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.

Asset intensive reinsurance agreements – new requirement to obtain DNB’s prior consent

As of 1 January 2025, Dutch insurers must obtain the Dutch Central Bank’s prior consent before making any amendments to, or entering into an asset-intensive reinsurance agreement that allows the reinsurer to hold assets in a third country.

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?

Building quality assurance under the Environment and Planning Act

With the entry into force of the Environment Act ("Ow") on 1 January 2024, a new system of quality assurance will take effect in stages. In this blog post, we discuss the public law part of this new quality assurance system.

Commission publishes PSD3 and PSR Proposal; a tightening of the regulation of payment services providers in the EU

On June 28, 2023, the European Commission published a set of new legislative proposals, including PSD3, aimed at ushering in the digital era for payments and the broader financial sector, with a particular focus on consumers.

The EU Corporate Sustainability Due Diligence Directive

In Q2 2023, the European Parliament will vote on the much-discussed Corporate Sustainability Due Diligence Directive (CSDDD).

The Netherlands’ Budget Day 2025

On Tuesday 16 September 2025 (Prinsjesdag), the Dutch Ministry of Finance published the 2026 Tax Plan Package. This consists of the 2026 Tax Plan and Other Tax Measures for 2026, as well as certain additional measures.

The dowry in the environment plan

In the Omgevingswet (Environment and Planning Act), the dowry contains state rules that no longer regulate activities at state level, but is carried through to local rules.

The Foreign Subsidies Regulation’s initial focus on China

Although the text of the Foreign Subsidies Regulation is not aimed at specific countries, the European Commission’s initial enforcement actions appear to be targeting Chinese subsidies.

The EU Green Bond Standard

In the blog below, Jeroen van Eck of our Financial Markets team looks back on, and ahead to, the developments surrounding green bonds in the EU.

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