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Good things are worth waiting for: new law amendments in force for companies in difficulty

The long-awaited new law amending Book XX of the Code of Economic Law and the Income Tax Code 1992 just came into force. This replaces the "COVID-moratorium" and creates the possibility to restructure a company through a “preparatory agreement”.

Financial Regulatory – Update Q1 2021

Traditionally, 1 January (and 1 July) each year is a date on which new Dutch financial regulations enter into force. This year, the amendments to the Dutch Financial Supervision Act are relatively few, but other developments are worthy of attention.

Marieke Driessen authors chapter on ESG in 'Sustainable Finance in Europe'

The book, entitled 'Sustainable Finance in Europe', brings together the views of expert academics and practitioners on the latest regulatory developments in sustainable finance in Europe. It includes cutting-edge issues which relate to three main themes.

Les actions sans droit de vote et les parts bénéficiaires à l'ère du CSA

Marc Fyon et Viktor Pokorny examinent et comparent le régime applicable aux actions sans droit de vote et aux parts bénéficiaires à l'ère du Code des sociétés et associations dans la Revue pratique des sociétés (RPS-TRV).

How certain elements of the Dutch scheme may (or may not) affect ISDA Master Agreements

On 1 January 2021, the legislative framework for court-approved restructurings of debts outside formal insolvency proceedings (hereafter referred to as the ‘Dutch scheme’, or simply, the ‘scheme’) entered into force.

Bestuursrechtelijke voorstellen van het kabinet naar aanleiding van de toeslagenaffaire: moet alles anders?

“De overheid zat fout”. Dit schrijft het kabinet expliciet in de kabinetsreactie van 15 januari 2021 op het rapport ‘Ongekend Onrecht’ van de Parlementaire ondervragingscommissie Kinderopvangtoeslag (hierna: “POK”).

Amsterdam Court of Appeal rules on the applicable law to air freight cartel damages claims

On 6 July 2021, the Amsterdam Court of Appeal had to decide whether the pragmatic approach of the Amsterdam District Court, which had applied Dutch law to all air freight cartel damages claims, could be upheld.

CJEU clarifies jurisdiction for follow-on damage claims

The Court of Justice of the European Union recently further clarified which courts within the EU have jurisdiction to hear follow-on damage claims.

Court rules ACM can use accidental evidence found in dawn raids

While skimming through employees’ chat conversations and e-mails, it is not uncommon for competition authorities to stumble across other potential antitrust violations, separate from the initial scope of the search.

La revente illicite d'une licence de logiciel est contraire aux pratiques loyales du marché et il est permis d'avertir les clients de cette illégalité

Le tribunal de commerce d'Anvers a jugé qu'un distributeur exclusif d'un logiciel peut prévenir ses clients potentiels de la pratique commerciale déloyale d'une autre société consistant à modifier puis à revendre plusieurs fois la même licence.

Sustainability solutions sussed out soon

More antitrust clarity has arrived for companies involved in sustainability collaborations. The EC published draft revised rules on horizontal cooperation agreements and the ACM informally approved two green initiatives in the energy sector.

Digital Law Up(to)date: Interesting points in a DPA decision based on a cross-border complaint relating to cookies

The Belgian Data Protection Authority published an interesting decision of its Litigation chamber. The content of the decision is not completely new, but it provides (or recalls) some relevant elements for personal data practitioners.

De procedure vereenvoudigde afdoening boetezaken AFM: een fair deal?

Na de ACM, komt ook de AFM met een procedure om boetezaken vereenvoudigd af te doen (link). Deze vereenvoudigde afdoening strekt ertoe "de zaak voor beide partijen op een efficiënte wijze definitief af te ronden".

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.

Circulaire economie en het huidige en toekomstige bestuursrecht

Woensdag 19 januari vond een webinar plaats over actualiteiten over circulaire economie en bestuursrecht van de werkgroep VMR Jong van de Vereniging voor Milieurecht.

Scissions transfrontalières et associés minoritaires: la nécessité d’encadrer strictement le droit de retrait

Un droit de retrait pour les associés minoritaires opposés à une scission? Inconcevable dans une juridiction aussi libérale que le Luxembourg. Oui, mais plus pour longtemps.

CSR

Sustainability

Digital Law Up(to)date: Cookies on Belgian press sites - A second DPA decision against Rossel

The Belgian DPA fined Groupe Rossel for several breaches of the GDPR on three of its websites.

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