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07.10.2024

The WHOA is gradually gaining a foothold in insolvency law

Since the Act on the court approval of private restructuring plans (Wet Homologatie Onderhands Akkoord, and hereinafter “WHOA”) entered into force in 2021, the WHOA Pool - a group of specialised judges and staff tasked with implementing the WHOA - has been issuing annual reports. Their main conclusion of the 2023 annual report, published on 18 June 2024, is that the WHOA is gradually gaining a foothold in insolvency law. Read more about the figures and trends related to WHOA in 2023 below.

News

24.09.2024

HEUSSEN recognized as a 'Recommended Firm 2024' by IFLR1000

HEUSSEN Lawyers and Notaries proudly announces its remarkable achievement in the IFLR1000 2024 rankings. The firm has been awarded a tier 3 ranking in Banking and a tier 5 ranking in M&A, which affirms its status as a go-to firm with regard to both practices. “We are proud of our clients’ recognition for our commitment, knowledge and pragmatic approach that has resulted in these great rankings of our Banking & Finance and M&A practices again this year.”, says Martijn Koot, Partner at HEUSSEN.

News

24.09.2024

The choice of forum in general terms and conditions in international B2B relationships: key considerations

In international business relationships, parties frequently opt to include a choice of forum clause in their agreements or general terms and conditions. This enables them to designate a specific court, such as a Dutch court, with exclusive jurisdiction to handle any disputes that may arise. Due to the significant implications of such exclusivity, a choice of forum requires an agreement, meaning that they must reach a genuine consensus on the choice of forum. Disputes frequently arise regarding the validity of a choice of forum clause, particularly when such clause is embedded in general terms and conditions. This article provides an overview of the requirements for establishing a valid choice of forum in general terms and conditions and concludes with practical tips for ensuring, as far as possible, the enforceability of such clauses.