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News

19 December 2024

WHOA SPECIAL – 3. TEIL

Der Restrukturierungsversuch eines Unternehmens kann durch verschiedene Parteien gefährdet werden. Damit der Schuldner das Unternehmen erfolgreich restrukturieren kann, bietet das WHOA-Gesetz dem Schuldner unterschiedliche Schutzmaßnahmen.

News

6 December 2024

StaRUG proceeding of VARTA AG

Further to our WHOA specials (see the links below), we would like to draw your attention to a recent and interesting StaRUG proceeding in Germany.

VARTA AG, a German manufacturer of lithium-ion batteries operating worldwide, filed a start-of-procedure declaration regarding a StaRUG proceeding with the Stuttgart District Court on 21 July 2024. The company is in a state of financial distress and the restructuring of its debts is necessary to avoid an insolvency proceeding.

News

7 October 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 September 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 September 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.

News

6 August 2024

No temporary agency contact between Temper and the workers

Onlangs oordeelde de rechtbank Amsterdam (ECLI:NL:RBAMS:2024:3987) dat geen sprake is van een uitzendovereenkomst (bijzondere vorm van een arbeidsovereenkomst) tussen Temper (online platform voor flexibel werk) en de werkers.