News
6 May 2020
Never waste a good crisis. Also the corona crisis provides opportunities – M&A Magazine #1 2020
Suzanne Beijersbergen has been interviewed for M&A Magazine about the changes after the corona crisis. Does the corona crisis provides opportunities to certain parties involved in M&A transactions? Which sectors will benefit from this corona crisis and which innovations will accelerate due to the corona crisis?
News
4 May 2020
General overview of the Measures Imposed by The Council for the Judiciary
It has now been 6 weeks since the Judiciary decided to close the doors of the courts, tribunals and special colleges. Cases are still being dealt with, but in a different manner. The measures taken by The Council for the Judiciary (the Judiciary) as a result of the outbreak of Covid-19 are addressed in brief in this article.
News
28 April 2020
Broadening of the concept of a group company in the Temporary Emergency Bridging Measure for Job Retention (NOW)
Initially, the NOW-scheme stipulated that companies which are part of an affiliated group of companies (legal entities) must calculate the loss in turnover at group level. However, the Minister of Social Affairs and Employment has now broadened the concept of a group company.
News
7 April 2020
Emergency bill for holding virtual general meetings in the making
On 3 April 2020, the Council of Ministers announced emergency legislation that will make it possible for all legal entities to hold a virtual general meeting.
News
6 April 2020
M&A and COVID-19: Due diligence investigation during and after the times of the coronavirus
Conducting a proper due diligence investigation is a key step in the process of an acquisition. What specific considerations should be taken into account when conducting a due diligence investigation during or shortly after the coronavirus crisis?
News
6 April 2020
ROADMAP APPLICATION TEMPORARY EMERGENCY BRIDGING MEASURE FOR JOB RETENTION (NOW)
A roadmap for application for the temporary emergency bridging measure for job retention (NOW)
News
3 April 2020
REMINDER: AS FROM 1 APRIL 2020, COMPENSATION CAN BE CLAIMED FROM THE UWV FOR THE STATUTORY TRANSITION ALLOWANCE PAID TO AN ILL EMPLOYEE.
If the employment contract of an ill employee is terminated after the mandatory period of 104 weeks during which an entitlement to continued payment of salary has lapsed, the employee will be entitled to a statutory transition allowance (“transitievergoeding”). As of 1 April 2020, employers may claim compensation for statutory transition allowance paid to its ill employees.
News
3 April 2020
Commercial contracts and the COVID-19 outbreak: when is reliance on force majeure successful?
What if, as a result of the corona crisis, you are unable to meet your contractual obligations, such as supplying goods to your customers? Can your customers claim compensation from you on that basis, or can you successfully invoke force majeure? And what are the consequences if such an appeal is successful?
News
2 April 2020
DETAILS OF TEMPORARY EMERGENCY BRIDGING MEASURE FOR JOB RETENTION ("NOW") ARE PUBLISHED
Recently the Government published the details of the NOW. The purpose of the NOW is to support employers by means of a subsidy to keep their employees employed as much as possible. In the event of a loss in turnover of at least 20%, the employer will receive a subsidy for wage costs for three months the amount of which is proportionate to the loss in turnover. It is expected that the subsidy can be applied for as of 6 April 2020. The application period runs until 31 May 2020.
News
1 April 2020
M&A and COVID-19: Purchase price mechanisms in times of the coronavirus
The consequences of the coronavirus (Covid-19) are also noticeable within the Dutch M&A practice. The central question in this article is how the buyer of a company should deal with the future uncertainties of the current crisis. To what should the buyer pay extra attention, and are there ways to limit the future uncertainty for the buyer as much as possible?
News
27 March 2020
SANDY VAN DER SCHAAF CONTRIBUTED THE “NETHERLANDS” SECTION TO THE CRYPTOASSETS REPORT BY BURGES SALMON.
Sandy van der Schaaf, senior associate in our banking and finance practice has contributed the “Netherlands” section to the report ‘Cryptoassets: A UK and European perspective on the regulation of cryptoassets ’by Burges Salmon.
News
27 March 2020
Update on the Temporary Emergency Bridging Measure for Sustained Employment (“NOW”)
The Tax and Customs Administration urges employers that will apply for a compensation of wage costs on the basis of the NOW to submit their (monthly) payroll tax return quickly if they have not already done so. Reason for this is that the UWV will need this information when processing the NOW-application.
News
26 March 2020
COVID 19 - HEUSSEN information
Our office is currently closed to the public, but we will continue to offer our services from our home office and virtually as much as possible, but in any case with the same quality. Your questions on the subject of "Corona and your company" have been given special priority. You will find up-to-date information on our website.
News
20 March 2020
New measures to protect jobs and economy in times of corona crisis
On 17 March 2020, the Dutch Government presented the emergency package for jobs and the economy, containing far-reaching measures aimed at "protecting not only our health, but also jobs and income and cushioning the consequences for self-employed persons, SME entrepreneurs and large companies. In this article, I will present a brief overview of the measures presented by the Dutch Government.
News
18 March 2020
NOT ILL BUT ABSENT FROM WORK: TO WHAT EXTENT IS THERE AN OBLIGATION TO CONTINUE TO PAY WAGES IN THE EVENT OF ABSENCE IN CONNECTION WITH CORONA?
Recent developments raise the question of whether and to what extent there is an obligation to continue to pay wages if the employee is not ill but still does not want to or cannot appear at work. In the following, a number of situations will be discussed, together with the corresponding form of leave if applicable.
News
18 March 2020
INTRODUCTION OF TEMPORARY EMERGENCY BRIDGING MEASURE FOR JOB RETENTION: A SIGNIFICANT REDUCTION IN LABOUR COSTS OF DUTCH EMPLOYERS AFFECTED BY CORONA
Last night, the Dutch Government announced an even more comprehensive compensation regulation. As a result, it is no longer possible to apply for the reduction of working hours permit. Applications that have already been submitted will be dealt with under the new scheme.
News
3 March 2020
Employers in the Netherlands can save on labour costs in case of less work due to coronavirus
The Dutch Cabinet has classified the coronavirus as an exceptional circumstance that does not fall under the normal entrepreneurial risk. This means that Dutch companies coping with financial problems as a result of the spread of the coronavirus can apply for a short-time working permit at the Ministry of Social Affairs and Employment. By means of a reduction in working hours, non-worked hours are paid by the UWV (“Uitvoeringsinstituut Werknemersverzekeringen”) as unemployment benefit (“WW-uitkering”).
News
2 March 2020
Heussen’s M&A lawyer Suzanne Beijersbergen first place on the list of female dealmakers in the Netherlands
Suzanne Beijersbergen was involved in 19 deals during 2019, and consequently listed no. 1 in the list of female dealmakers who were most involved in M&A transactions published by M&A Community. Suzanne assisted various clients in our international network, including ZetaDisplay and Anticimex.
News
24 February 2020
Bill on the management and supervision of legal entities adopted by Lower House of Parliament
On 28 January 2020, the Lower House of Parliament adopted the proposal to amend the Dutch Civil Code in connection with the standardization and clarification of certain provisions concerning the management board and the supervisory board of legal entities (Management and Supervision of Legal Entities Act).
News
28 January 2020
HEUSSEN Introduces Labour Market in Balance Act to Chinese Enterprises
In the afternoon of 16 January, the second seminar series for the 10th anniversary of HEUSSEN China practice was kicked off in Amsterdam. Partner specialized in employment law, Nils van Dijkman, and associate, Sam van Well, together with Head of China Practice Wendy Liu introduced the main amendments of the new Labour Market in Balance Act (“WAB”) to the participating Chinese enterprises.
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