News
3 September 2020
Entry into force of the Implementation Act on registration of ultimate beneficial owners
The Implementation Act on the Registration of ultimate beneficial owners of companies and other legal entities introducing the UBO-register in the Netherlands, was adopted by the Upper House of Dutch Parliament on 23 June 2020.
News
28 July 2020
Dutch Supreme Court provides clarification on the transfer of receivables from a bank to a non-bank
On 10 July 2020, the Dutch Supreme Court delivered two judgments in which it answered prejudicial questions from the court of Amsterdam which are of great importance for the financing practice.
The prejudicial questions were raised in two similar proceedings. In both proceedings, a bank assigned receivables resulting from commercial real estate loans to a non-bank. The borrowers disputed the assignment and took the view that the receivables could not be assigned in view of the personal relationship they had with the bank.
News
24 July 2020
A REQUEST TO TERMINATE AN EMPLOYMENT CONTRACT BASED ON THE NEW CUMULATIVE GROUND FOR DISMISSAL HAS BEEN GRANTED FOR THE FIRST TIME: THE BEGINNING OF CUMULATING DISMISSAL GROUNDS
The Dutch Government has recently introduced a new ground for dismissal, in addition to the already existing 8 exhaustive grounds for dismissal. As from 1 January 2020, the judge may terminate an employment contract on the basis of this cumulative ground if there are two or more grounds for dismissal applicable, which on their own individual merit do not constitute a reasonable ground for a termination.
News
6 July 2020
HEUSSEN assisted KidsFoundation with the acquisition of ‘t Parapluutje
HEUSSEN advised Kidsfoundation on the acquisition of ‘t Parapluutje, having 2 childcare locations in Raamsdonkveer, the Netherlands.
News
3 July 2020
Upper House adopts Implementation Act for the introduction of the UBO register
On 23 June 2020, the Upper House of Dutch Parliament adopted the implementation act for the introduction of the UBO-register (the 'Act'). Once the Act enters into force, it will become compulsory for all legal entities and partnerships incorporated under Dutch law to provide information about their ultimate beneficial owners (UBOs).
News
1 July 2020
Herman Ruiter Newly appointed partner of Heussen
HEUSSEN is proud to announce that Herman Ruiter has been appointed as partner of HEUSSEN Lawyers & Civil Law Notaries with effect from 1 July 2020.
News
19 June 2020
Bill on the abolition of the prohibition on pledging submitted to the Lower House of Parliament
On 2 June 2020, the bill concerning the Pledging Prohibitions (Abolition) Act (Wet opheffing verpandingsverboden (the "Act")) was submitted to the Lower House of Parliament. The Act is aimed at prohibiting clauses that are used in trade to assign or pledge monetary claims.
News
19 June 2020
Nils van Dijkman appointed Honorary Consul General for Sweden in Amsterdam
Heussen is proud that Nils van Dijkman has been appointed Honorary Consul General for Sweden in Amsterdam.
News
13 May 2020
As of 2022 parental leave will be partly paid.
Last year the European Council adopted a directive on work-life balance for parents and informal carers. With this measure, the Dutch Government wants to make it easier for parents to make their own choices when it comes to the balance between work and care.
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.
Contact
