Netherlands > Legal market overview
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The Netherlands is in a relatively stable position compared to other advanced economies, with a strong export position and friendly tax regime. The eurozone crisis and the EU were issues dominating the 2012 national elections, the results of which reflected a need for a stable, moderate government.
The saturated Dutch legal market continues to see new niche firms and international law firms enter the market. Jones Day announced it will launch an Amsterdam office in 2013. Foreign players such as Allen & Overy LLP and Clifford Chance already compete for market share with local firms such as De Brauw Blackstone Westbroek, NautaDutilh, Stibbe and Houthoff Buruma. Buren van Velzen Guelen N.V. was renamed Buren in March 2013.
The Netherlands is increasingly becoming a key European venue for US-style class actions. Meanwhile, the government has made proposals for a new Dutch Arbitration Act in 2014, with the reform aiming to make international arbitration proceedings in the Netherlands more attractive to foreign parties. Employment legislation is also facing amendments, with a proposal to simplify the law to allow employers to dismiss employees without a judicial review.
The Dutch housing market, which is one of the most highly regulated systems in the world, suffered a significant downturn but firms were kept busy with restructuring and distressed portfolio work. Vestia, the Netherlands’ biggest housing association, dominated headlines when it had to be rescued after losing €20bn in a derivatives deal – this also signalled the need for improved corporate governance.
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Press releases
Legal Developments in Netherlands
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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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Press Releases worldwide
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Dual-use Item Export Control
Recently, HaoLiWen advised and represented a multinational in initiating the consulting process with MOFCOM, to confirm export shipment of certain goods blocked by China Customs was not an item subject to dual-use item license. The pleading and reasoning prepared by HaoLiWen were accepted by MOFCOM after consultation, which has saved the export business of the client and avoided further investigation by Anti-smuggling Bureau of China Customs into the suspected evasion of dual-use item license. -
Sayenko Kharenko advised on the new Eurobond issue and tender offer by Ukraine’s leading energy...
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Sayenko Kharenko advises on M&A deal of the year by IFLR Europe Awards 2013
Sayenko Kharenko advises on M&A deal of the year by IFLR Europe Awards 2013. -
Sayenko Kharenko advised on the acquisition of Karavan shopping malls
Sayenko Kharenko acted as the legal counsel to Citi Venture Capital International and Apollo , private equity firms, on the acquisition of 3 shopping malls in Kyiv, Kharkiv and Dnipropetrovsk operating under the Karavan trademark. -
Sayenko Kharenko wins third consecutive IFLR “Ukraine Law Firm of the Year” award
Sayenko Kharenko crowned an extraordinary year by carrying off its third "Ukraine Law Firm of the Year Award" at the IFLR's European Awards ceremony held in London on 10 April 2013. -
The Legal 500 directory has announced its 2013 results with outstanding listings for Sayenko Kharenk
The Legal 500, an independent guide to law, published its 2013 research last week. Sayenko Kharenko affirmed its reputation as a leading full-service Ukrainian law firm. -
Sayenko Kharenko advised on the USD 500 mln Eurobond issue by Oschadbank
Sayenko Kharenko acted as legal counsel to Credit Suisse , Deutsche Bank and JP Morgan , the lead-managers of the USD 500 million 8.875% loan participation notes due 2018 for the purpose of providing a loan to "State Savings Bank of Ukraine" -
Sayenko Kharenko earns a record number of Band 1 rankings from Chambers Global 2013
According to the recently released Chambers Global 2013, Sayenko Kharenko maintains its position at the top of the market, being highly ranked in all practice areas researched for Ukraine. -
Sayenko Kharenko – legal counsel in connection with a new Eurobond issue in the Ukrainian banking
Sayenko Kharenko acted as Ukrainian legal counsel to Credit Suisse, J.P. Morgan and UBS, the joint lead managers of the USD 175 million Eurobond offering by Privatbank with 10.875% coupon maturing in 2018. -
Sayenko Kharenko – legal counsel on the sale of a majority shareholding in Insurance Company "Kyiv
Sayenko Kharenko acted as legal counsel to a foreign investment fund on the sale of a majority shareholding in Private Joint-Stock Company "Insurance Company "Kyivska Rus" to a group of local investors.