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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.

Ni kan ta kontakt med: 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.

Ni kan ta kontakt med: 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.

Ni kan ta kontakt med: 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.

Ni kan ta kontakt med: 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.

Ni kan ta kontakt med: 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.

Ni kan ta kontakt med: 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. 

Ni kan ta kontakt med: 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.  

Ni kan ta kontakt med: Sam E.J.M. van Well

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26 augusti 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.    

Ni kan ta kontakt med: Stef T. van Heezik

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9 augusti 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.

Ni kan ta kontakt med: Iris E.L. Hanssen

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5 augusti 2019

Entry into force of the Prospectus Regulation Implementation Act

On 21 July 2019, the Prospectus Regulation Implementation Act entered into force. The Act implements Regulation (EU) 2017/1129) (the "Prospectus Regulation") and repeals Directive 2003/71/EC (OJEU 2017, L 168) (the "Prospectus Directive"). The Prospectus Regulation should contribute to a harmonised prospectus regime within the EU. 

Ni kan ta kontakt med: Sandy van der Schaaf

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25 juli 2019

An extensive due diligence investigation: necessary or unnecessary?

The mergers & acquisitions market is booming again. The value of the transactions in 2018 has risen considerably compared to the year 2017. Inherent in this development is the fact that generally sellers are in a better position during the acquisition process. The more choices a seller has, the more he can demand from interested parties. Potential buyers are therefore inclined to act faster and to proceed sooner. In the event that a potential buyer feels that he is under pressure, such a potential buyer may decide to carry out a due diligence limited in scope or no due diligence investigation on the target company at all. What are the consequences thereof?

Ni kan ta kontakt med: Suzanne S. Beijersbergen

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23 juli 2019

How will the 2020 ICC Incoterms impact your business?

ICC3

At HEUSSEN, we advise our clients on a daily basis about issues of international sale and delivery. Therefore, we regularly work with and advise on the ICC Incoterms.

Ni kan ta kontakt med: Herman Ruiter

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2 juli 2019

10th Anniversary of the HEUSSEN China Practice Seminar Series ´How to Settle Your Disputes in the Netherlands´

On 21 June, representatives of several Sino-Dutch companies attended the 10th Anniversary of the HEUSSEN China Practice Seminar Series ´How to Settle Your Disputes in the Netherlands´. 

Ni kan ta kontakt med: Wendy Liu

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26 juni 2019

HEUSSEN ADVISED KIDSFOUNDATION WITH THE ACQUISITION OF KONINGSKINDEREN B.V.

kidsfoundation logo2

HEUSSEN assisted KidsFoundation with the acquisition of Koningskinderen B.V. 

Ni kan ta kontakt med: Paul A. Josephus Jitta

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17 juni 2019

HEUSSEN ADVISED KIDSFOUNTATION WITH THE ACQUISITION OF THE KIDS COMPANY WAALRE B.V. AND THE KIDS COMPANY BREDA B.V.

kidsfoundation logo

HEUSSEN assisted KidsFoundation with the acquisition of The Kids Company Waalre B.V. and The Kids Company Breda B.V. 

Ni kan ta kontakt med: Paul A. Josephus Jitta

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7 juni 2019

Bill to implement the revised Shareholders' Rights Directive adopted by the Lower House of Parliament

On 2 April 2019, the Lower House of Parliament adopted the bill to implement the revised Shareholders' Rights Directive to promote long-term shareholder engagement (EU Directive 2017/828). The purpose of this legislative proposal is to implement a number of amendments to Directive 2007/36/EC on the exercise of certain rights of shareholders in listed companies.

Ni kan ta kontakt med: Dominique Grotegoed

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