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VIJZELSTRAAT 72-FLOOR 7B, 1017 HL AMSTERDAM, NETHERLANDS
Tel:
Work +31 20 530 5200
Fax:
Fax +31 20 530 5299
Email:
Web:
https://www.stek.com

Netherlands

Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 5

Stek

Noted for its β€˜excellent industry knowledge, practical, thorough advice and great value for money’, Stek’s six-partner practice β€˜never fails, even when the deadlines are very tight’. Jeroen Timmermans advised the shareholders of Nuts Groep on the sale of their 50% stake to Waterland Private Equity, and Dierik Cras assisted Simpel with purchasing all shares in Simpel held by De Hoge Dennen Capital, and selling a minority stake in Simpel to Parcom Capital.

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EU and competition
EU and competition - ranked: tier 3

Stek

Stek’s well-regarded group often handles competition matters for clients across a wide range of sectors, including aviation, energy and agriculture. Recent highlights include acting for a bunker fuels supplier in the ACM’s cartel investigation. The team also successfully represented online children’s clothing reseller Kinderkleding Groep in summary proceedings brought by Kleertjes.com regarding allegations of an anti-competitive scheme with two other resellers. β€˜Clear communicator’ Ruben Elkerbout and Jan Erik Janssen are key names.

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Private equity
Private equity - ranked: tier 3

Stek

The β€˜knowledgeable, service-oriented’ practice at Stek delivers β€˜high-quality work within tight timeframes’; AAC Capital Partners, Maas Capital and Paragon Partners are recent client wins. Eelco Bijkerk is β€˜very responsive and accurate’; Dierik Cras is β€˜extremely dedicated and solution-focused’. Maarten van der Graaf and Reijnoud Homveld are also recommended.

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Transport
Transport - ranked: tier 3

Stek

Stek’s β€˜swift, client-focused, well-connected and trustworthy’ department provides β€˜to-the-point advice’. Aviation is its key strength: Jeroen Timmermans and senior associate Laetitia Kunst-den Teuling acted for Mass Jet Lease on its repossession of a Fokker 100 aircraft from Denim Air ACMI, and its lease of said aircraft to BEK Air.

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Netherlands: Banking and finance

Asset finance and structured finance
Banking and finance: Asset finance and structured finance - ranked: tier 3

Stek

At boutique firm Stek, the β€˜consistently good’ and β€˜pragmatic’ team specialises in asset financing transactions for domestic and foreign financial institutions and investors. Highlights included acting for Deutsche Bank and Rabobank on the asset financing of The Greenery. The team also has experience in acting for banks on hospital financing matters. Frans Haak, Herman Wamelink and Sharon Kaufmann jointly head the practice.

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Borrower side
Banking and finance: Borrower side - ranked: tier 2

Stek

Stek’s β€˜very responsive’ practice often handles mid-market corporate lending and acquisition financings. Highlights included advising Transdev on its refinancing transaction with ING and BNG, as well as various financing issues. The team includes Maarten van der Graaf, Sharon Kaufmann, who made partner in 2017, and Jeroen Timmermans. Clients also recommend β€˜dependable leveraged finance lawyers’ Frans Haak and Herman Wamelink.

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Lender or arranger side
Banking and finance: Lender or arranger side - ranked: tier 3

Stek

Rated by clients as β€˜consistent’ and β€˜good to work with’, boutique firm Stek often handles corporate lending, healthcare financings and project financings. Recent highlights include advising ABN Amro on a number of bilateral acquisition financings. Key names include Maarten van der Graaf, Jeroen Timmermans and Sharon Kaufmann.

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Netherlands: Dispute resolution

Commercial litigation
Dispute resolution: Commercial litigation - ranked: tier 3

Stek

Stek’s β€˜friendly’, β€˜no-nonsense’ group has extensive experience in handling antitrust litigation across a broad range of sectors. The team, which includes β€˜excellent litigator’ Gerben Smit, was bolstered by the arrival of Jan Bart van de Hel from Allen & Overy LLP.

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Netherlands: Energy

Regulatory
Energy: Regulatory - ranked: tier 1

Stek

The β€˜outstanding’, β€˜efficient’ team at Stek works to β€˜very tight deadlines’; it is especially strong in litigation. β€˜Trustworthy’, β€˜practical and very thorough’ group head Jan Erik Janssen has β€˜excellent regulatory and business knowledge’; counsel Stephanie Dielemans is β€˜precise, accurate and committed’. Counsel Martha Brinkman is also recommended. Clients include Dong Energy, Eneco, Liander and Stedin.

Leading individuals

Jan Erik Janssen - Stek

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Transactional
Energy: Transactional - ranked: tier 2

Stek

Stek’s department provides β€˜practical, thorough, to-the-point’ advice to β€˜very tight deadlines’. The β€˜amicable, thoroughly knowledgeable’ Reijnoud Homveld, who leads the practice, advised Stedin on its €610m purchase of Delta Netwerkgroep from PZEM. Jeroen Timmermans is also recommended.

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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
  • 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 β€œCommission”) 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
    - AKD
  • 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.
    - AKD
  • 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.
    - AKD
  • 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.
    - AKD
  • 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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  • Employment of foreign workers in the Netherlands

    The employment of foreign workers in the Netherlands regularly raises questions. What issues do you need to be aware of as an employer? A brief summary of the most important areas of attention will be dealt with in this article.
    - AKD