21. Januar 2020

The Supreme Court rules on the unilateral amendment of employment conditions by the employer

In principle, an employer can unilaterally (i.e. without the employee’s consent) amend the terms and conditions of employment in two manners. The second option - the unilateral amendment of terms and conditions of employment by means of an agreed unilateral amendment clause - was recently the subject of a ruling of the Supreme Court.

Ihr Kontakt: Sam E.J.M. van Well

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13. Januar 2020

Interpreting articles of association of a joint venture company: objectively or subjectively?

The articles of association of a company form the basic rules of the company. In many cases, the relevant statutory provisions are followed when drawing up the articles of association, but in other cases the statutory provisions are deviated from. The meaning to be assigned to a provision in articles of association depends on how the provision is to be interpreted.

Ihr Kontakt: Tim B. Schreuders

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13. Januar 2020

MARTIJN KOOT AND SANDY VAN DER SCHAAF CONTRIBUTED THE "THE NETHERLANDS" CHAPTER TO THE SIXTH EDITION OF THE ACQUISITION AND LEVERAGED FINANCE REVIEW

The Acquisition and Leveraged Finance Review, one of the guides of The Law Reviews, published by Law Business Research Limited, provides a business-focused legal analysis of and insight in the acquisition and leveraged finance practice in key jurisdictions worldwide. Martijn Koot, partner in our banking and finance practice and in our corporate law practice and Sandy van der Schaaf, senior associate in our banking and finance practice contributed the “The Netherlands” chapter to the sixth edition of The Acquisition and Leveraged Finance Review.

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8. Januar 2020

The Loser Pays (Everything?)

A commonly raised question – especially in the international commercial practice – is how litigation costs are dealt with in the Netherlands. In other words: can the prevailing party recover all incurred costs from the losing party?

Ihr Kontakt: Herman Ruiter

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27. Dezember 2019

Bill to introduce the UBO-register adopted by the Lower House of Parliament.

On 10 December last, the Lower House of Parliament approved the bill for the introduction of the UBO-register (the bill entitled "Implementation Act for Registration of ultimate stakeholders of companies and other legal entities"). However, entry into force of the Act can only take place after approval of the bill by the Senate, where it is currently still being debated. The originally planned entry into force at the beginning of January 2020 will therefore not be achieved. The UBO-register is expected to be introduced in the spring of 2020.

Ihr Kontakt: Dominique Grotegoed

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24. Dezember 2019

HEUSSEN ADVISES ANTICIMEX WITH THE ACQUISITION OF THE ACTIVITIES OF SGS PEST CONTROL AND FUMIGATIONS.

HEUSSEN assisted Anticimex with the acquisition of the pest control activities of SGS Pest Control and Fumigations in the Netherlands, Belgium and Luxembourg.

Ihr Kontakt: Paul A. Josephus Jitta

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23. Dezember 2019

Employers beware: pay a lower WW-contribution as of 1 January 2020

On 1 January 2020 the Balanced Labour Market Act (Wab) will come into force. One of the measures is an Unemployment Insurance Contributions (hereinafter ‘WW-contribution’) Differentiation based on the type of employment contract. In short, this means that from 1 January 2020 an employer will pay a low WW-contribution on the salary of an employee with a permanent contract and a high WW-contribution on the salary of an employee with a fixed-term contract.

Ihr Kontakt: Suzanne Gerritse

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16. Dezember 2019

HEUSSEN organized an “Investment in the Netherlands and Cross-border M&A Seminar” for a Shanghai Delegation

HEUSSEN was honored to be able to share information and experience on investment in the Netherlands and cross-border M&A with companies and friends from Shanghai.

Ihr Kontakt: Wendy Liu

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15. November 2019

CONTRACTING POST-BREXIT

Contracting post brexit

From a legal point of view, quite a few things change after Brexit. But what will Brexit particularly mean for existing contracts and the parties to these contracts from a Dutch legal perspective? At the moment it is still unclear what exactly will change with respect to contracts, but it is to be expected that uniformity, predictability and (legal) certainty will be lost in part.

Ihr Kontakt: Luuk Rietveld

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7. November 2019

The benefit of a non-competition clause in a business sale and purchase agreement

Recently, the district court Oost-Brabant ruled in a preliminary relief case on a matter concerning a former owner of a company (who sold its business) who performed activities which qualified as competing activities with the activities of the sold business.

Ihr Kontakt: Suzanne S. Beijersbergen

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17. Oktober 2019

The 2019 The Hague Judgments Convention: a game changer in International dispute resolution

On Tuesday 2 July 2019, the Hague Conference on Private International Law (HCCH) finalized a new treaty on enforcement of judgments: the Convention on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters, or the 2019 The Hague Judgments Convention.

Ihr Kontakt: Rens M.R. Berrevoets

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14. Oktober 2019

DUTCH CHILD LABOUR ACT: HAVE YOU CHECKED YOUR SUPPLY CHAIN?

Smiling children

On 14 May 2019, the Dutch Senate adopted a bill to combat child labour (hereafter: the Child Labour Act (Wet Zorgplicht Kinderarbeid)). On the basis of this Act, any company that sells goods to Dutch end-users must exercise due care in order to prevent those goods from being composed using child labour. Under the Child Labour Act company directors can even be prosecuted under criminal law.

Ihr Kontakt: Herman Ruiter

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10. Oktober 2019

The representative authority of the managing directors of a B.V.

With regard to the representation of a B.V. vis-à-vis third parties, the main rule is that the management board represents the company. The authority to represent the company shall also vest in each managing director, unless the articles of association stipulate otherwise.

Ihr Kontakt: Corine Vos

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9. Oktober 2019

HEUSSEN ADVISES RTL NEDERLAND VENTURES A.O. WITH THE DIVESTMENT OF SOLVO B.V.

HEUSSEN assisted RTL Nederland Ventures  and the other selling shareholders in the divestment of Solvo B.V. to Etos.

Ihr Kontakt: Paul A. Josephus Jitta

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20. September 2019

HEUSSEN ADVISED KIDSFOUNDATION WITH THE ACQUISITION OF JUST KIDDIES B.V.

kidsfoundation logo 1

HEUSSEN assisted KidsFoundation with the acquisition of Just Kiddies B.V. 

Ihr Kontakt: Suzanne S. Beijersbergen

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2. September 2019

GDPR UPDATE – the processing of personal data of employees

Just when the dust regarding the entry into force of the GDPR seemed to have settled, the Dutch Data Protection Authority (DPA) made public on 16 July 2019 that it imposed a fine of €460,000.- and an incremental penalty payment on the hospital HagaZiekenhuis. Reason for us to briefly consider the enforcement of the GDPR since its entry into force. In addition to this, we will focus on the cutting edge between the GDPR and employment law, by providing a brief overview of the responsibilities of the employer under the GDPR. Within that context, we will briefly touch on the difficulties that employers seem to experience with regard to the implementation of the GDPR and discuss some of the most recent updates in this respect.  

Ihr Kontakt: Sam E.J.M. van Well

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26. August 2019

Explanation and interpretation of M&A documentation

On 19 March 2019, the Amsterdam Court of Appeal ruled in a case regarding the interpretation of provisions of M&A documentation. The dispute between the parties concerned the interpretation of certain provisions laid down in an earn out-agreement. The Court of Appeal ruled that a linguistic interpretation of agreements will be the guiding principle if professional parties have been assisted by lawyers and accountants during the negotiations.    

Ihr Kontakt: Stef T. van Heezik

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9. August 2019

Bearer shares conversion act entered into force on 1 July

On 1 July 2019, the "Act on the conversion of bearer shares" (hereinafter: the "Act") entered into force. The Act enables the identification of all holders of bearer shares issued by Dutch NVs and companies established in the Caribbean part of the Netherlands (Bonaire, Statia and Saba).

The purpose of the Act is to prevent tax evasion, money laundering and terrorist financing. With the introduction of the Act, the legislator is following the recommendations of, among others, the Financial Action Task Force.

Ihr Kontakt: Tim B. Schreuders

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5. August 2019

Inkrafttreten des Prospektverordnung Umsetzungsgesetzes

Am 21. Juli 2019 trat das Prospektverordnungs-Umsetzungsgesetz in Kraft. Das Gesetz setzt die Verordnung (EU) 2017/1129) (die "Prospektverordnung") um und hebt die Richtlinie 2003/71/EG (ABl. 2017, L 168) (die "Prospektrichtlinie") auf. Die Prospektverordnung soll zu einer harmonisierten Prospektregelung innerhalb der EU beitragen.

Ihr Kontakt: Sandy van der Schaaf

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