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20 september 2019

HEUSSEN ADVISED KIDSFOUNDATION WITH THE ACQUISITION OF JUST KIDDIES B.V.

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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?

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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.

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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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17 maj 2019

The scope of the reinstatement requirement (“herplaatsingsvereiste”) in international context following the ‘Expat/Shell’ decision of the Supreme Court

The Supreme Court provided some clarity in its Expat/Shell decision of 18 January 2019. In our article which was published in the May 2019 edition of the professional journal ‘ArbeidsRecht’. We have indicated the significance of this decision for the employment law practice in the Netherlands.

Further information as PDF

Ni kan ta kontakt med: Suzanne Gerritse

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29 april 2019

Guyana party of apostille convention as of 18 April 2019

As of 18 April 2019 documents issued in the Netherlands for legal purposes in the Co-operative Republic of Guyana (“Guyana”) and requiring legalization do no longer have to be legalised by the District Court, the Ministry of Foreign Affairs and the Embassy/Consulate of Guyana. 

Ni kan ta kontakt med: Mandisa Benjamin

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24 april 2019

BILL REGARDING UBO-REGISTER SUBMITTED TO THE LOWER HOUSE

On 4 April 2019 a legislative proposal for the "Act on the registration of ultimate beneficial owners of companies and other legal entities" (hereinafter: the "Bill") was submitted to the Lower House of Dutch Parliament. The Bill introduces a public UBO-register in which the ultimate beneficial owners of companies and other legal entities established in the Netherlands must be registered.

Ni kan ta kontakt med: Joyce M. Kempers

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17 april 2019

Not terminating a dormant employment contract is in violation with good employment practices

The court in The Hague recently ruled that continuing a dormant employment contract may constitute a violation of good employment practices.

Ni kan ta kontakt med: Suzanne Gerritse

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17 april 2019

License requirement for virtual currency service providers

Pursuant to a legislative proposal which implements the Fifth Anti-Money Laundering Directive in the Netherlands and amends the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act (Wet ter voorkoming van witwassen en financieren van terrorisme (Wwft)) currently in force in the Netherlands, virtual currency service providers may need a license for the offering of their crypto services.

Ni kan ta kontakt med: Sandy van der Schaaf

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12 april 2019

Heussen proud of another Legal500 recommendation

L500 emea top tier firms 2019

HEUSSEN has again been ranked in the Legal500 EMEA 2019 edition. In addition to being 'very responsive, pragmatic, and deal-driven', Heussen is identified as 'a very internationally oriented law firm working to the highest quality standards' and its foreign desks are considered 'a big plus' by clients.

We are very proud of the recommendations and would like to thank our clients and peers for their recommendations.

Ni kan ta kontakt med: Paul A. Josephus Jitta

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5 april 2019

Dutch legal succession planning tools for family owned businesses

The owners of family businesses sooner or later need to decide on either succession planning within the family or the sale of the family business to a third party.

In quite a number of jurisdictions no legal tools exist within the company law provisions that allow the facilitation of the succession and the safeguarding of the family owned nature of the businesses.

Dutch corporate law provides several practical and sophisticated legal tools to help facilitate the continuation of family businesses over the following generations. 

Ni kan ta kontakt med: Ernst (G.E.H.) ter Braak

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28 mars 2019

Chambers Global and Chambers Europe recommendation

Heussen is proud to again having received a Chambers Global and Chambers Europe recommendation for its corporate M&A partner Paul A. Josephus Jitta. According to Chambers & Partners, Paul is praised by clients for his 'good knowledge and commercial feel' and is described by another source as 'very responsive, pragmatic and deal-driven'.

Ni kan ta kontakt med: Paul A. Josephus Jitta

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