The Legal 500

Netherlands

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Editorial

 Legal market overview

A strong Eurozone country with a favourable tax environment, the Netherlands remains an attractive centre for international business. The economy showed positive signs in 2014, with growth in 2015 forecast at 1.25%, although there are concerns regarding the potential impact of Russian sanctions on trade.

The M&A market saw significant signs of life – both from strategic buyers and private equity firms – with alternative financing providing much-needed support for transactions among smaller players in the market. Deals in the media space accounted for a notable proportion of 2014’s overall deal flow, in part due to Liberty Global’s acquisition of the remaining 71.5% stake in Ziggo.

Notable legal developments include the passing of the Work and Security Act, which introduces major changes to the country’s employment laws on dismissal and flexible contracts; parts of the Act came into force in January 2015, with the majority taking effect from July.

The legal market in the Netherlands remains competitive, and is populated by a mix of large international firms, well-established Dutch firms, and an ever-increasing number of local boutiques. Recent start-ups include Biesheuvel Jansen advocaten and Maverick Advocaten N.V., while boutique firms such as Stek and De Breij Evers Boon continue to make a name for themselves. Spigt Litigators dissolved in 2014.

The chapter this year includes two new practice areas: Healthcare and life sciences, an industry-focused coverage which assesses full-service capability, and Investment funds, which looks at the entire fund lifecycle.

 

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Legal Developments in Netherlands

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • AKD assists Eurofins Scientific Group

    AKD assists Eurofins Scientific Group with the acquisition of Laboratorium Zeeuws-Vlaanderen B.V. and ALTIC B.V.”
  • New Late Payments Directive

    Despite the implementation of Directive 2000/35/EC on combating late payment in commercial transactions in 2002, the European Commission (the “Commission”) concluded in 2008 that late payments were still widespread in the EU. It also turned out that public authorities in certain Member States were stipulating unjustifiably long contractual payment periods for transactions.
  • Amendment of the Collective Redundancy Notification Act

    On 1 March 2012 the Collective Redundancy Notification Act (Wet Melding Collective Outslug, "WACO") will be amended. What changes does this involve?
  • New Corporate Law Legislation

    In the field of corporate law, there are four (coming) Acts that attract attention, namely the introduction of the tenth book of the Dutch Civil Code, the amendment of the Marital Property Act and, to conclude, the coming entry into effect of the Management and Supervision Act and the Flexibilization of BV Act. Please find below a short explanation of each Act.
  • Shipping & Transport - Netherlands

    Attaching maritime assets in insolvency
  • The employment of foreign workers. What issues do you need to be aware of as an employer?

    The employment of foreign workers regularly raises questions. A brief summary of the most important areas of attention will be dealt with in this article.
  • Non-solicitation agreement violated via LinkedIn

    A non-solicitation agreement usually restricts the ability of an employee - after an employment contract has ended - to approach the clients of the former employer. The former employee of a software company recently discovered that the scope of such an agreement can also include contacts made via LinkedIn.
  • NETHERLANDS AS A GLOBAL FINANCE CENTRE

    Few jurisdictions can boast a foreign direct investment record like the Netherlands. As the world's seventh largest inward receiver of investments, housing approximately 9000 foreign-owned companies, the country's dynamic business environment provides an invaluable insight into macro investment trends.
  • Forming a company in the Netherlands

    The Netherlands and Dutch law The Netherlands is a perfect business location for foreign entrepreneurs (2,000 subsidiaries in Amsterdam, 140,000 jobs). It is the gateway to densely populated Western Europe and has a well-developed logistic and technical infrastructure.
  • Leasing of commercial premises in the Netherlands

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