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New CSSF Circular 22/795 on marketing communications for cross-border distribution of funds

The CSSF published on 31 January 2022 the Circular 22/795 regarding the application of the ESMA Guidelines on marketing communications for Luxembourg investment funds (AIFs, UCITS).

Stibbe advises Patrizia 

Stibbe advised Patrizia on behalf of its pan-European residential fund “Living Cities” on the acquisition from Besix RED of Evenepoel Properties SA who owns the Viridis project. Besix RED will ensure the turnkey development until completion.

Second time lucky: Intel’s EUR 1.06 billion loyalty rebate fine quashed

Intel’s second round at the General Court was significantly more successful than its first. In the first round, the General Court had failed to analyse whether the loyalty rebates at issue were capable of restricting competition. In the second round, afte

Dutch Council of State cross-border decision: Minister rightly imposed fines on Curacao-based online platform for medicinal products

In the summer of 2021, the Dutch Council of State ruled that the Curacao-based company responsible for the website Dokteronline.com had rightly received two administrative fines.

New double tax treaty concluded between Luxembourg and the United Kingdom: changes ahead

Luxembourg and the United Kingdom signed a new Double Tax Treaty on 7 June 2022 which includes several changes that might have an effect on investments involving the two jurisdictions.

Stibbe contributes to CFO Forum on new growth

During CFO Forum’s Annual Meeting, Marieke Driessen and Rogier Raas hosted a breakout session on ESG reporting and how it contributes to driving new growth.

Dutch Spring Memorandum, EU’s DEBRA Proposal and the 2021 Annual Report Advance Tax Rulings

On Friday 20 May 2022, the Dutch Ministry of Finance published the 2022 Spring Memorandum (Voorjaarsnota), including various proposed amendments that are relevant to international businesses, On 11 May 2022. the EU Commission issued a draft directive pro

Taking initiative: ACM catches transaction ahead of new powers

M&A transactions falling below the merger notification thresholds are not necessarily exempt from scrutiny. Companies should therefore carefully assess the potential competitive impact of their transactions, as the ACM has proven to be vigilant.

Bankruptcy of Indover Bank

Soeradj Ramsanjhal

Senior Associate Amsterdam

Barbra Bulsing

Senior Associate Amsterdam

Thijn de Jong

Senior Associate Amsterdam

Thijs van Kemenade

Senior Associate Amsterdam

Happy first anniversary! One year of the Vifo Act: an update

On the first of June, the Dutch national security investment screening regime (the Vifo Act) celebrated its first anniversary. Time to take stock of key findings and forthcoming developments.

Killing three birds with one stone: Illumina wins Article 22 battle

The ECJ wrote the epilogue to the Illumina/Grail saga, overturning the EC’s novel ‘Article 22’ approach. It is now clear that the EC cannot accept referral requests to review transactions that fall below the thresholds of national merger control regimes.

Google Shopping: self-preferencing can be abusive

The European Court of Justice has confirmed that Google abused its dominance by favouring its own shopping comparison service and demoting competing ones. However, not all favouritism is doomed.

Dutch Supreme Court clarifies rules on the moment of default by operation of law: can the default be deferred following actions of the creditor?

The Dutch Supreme Court rendered judgment on 12 April 2024 ECLI:NL:HR:2024:575, clarifying the moment at which a debtor is in default following non-performance.

Stibbe advises Corsair Capital

Stibbe has advised Corsair Capital, a leading private equity firm specialising in payments, software, and business services investments on the acquisition of a majority stake in MJM Holdings.

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