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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:
www.stek.com

Netherlands

Banking and finance: Borrower side
Banking and finance: Borrower side - ranked: tier 3

Stek

Stek¬†fields a¬†‚Äėgreat‚Äô and ‚Äėvery commercial‚Äô team, which is best known for its work on mid-market corporate lending and acquisition financings. Recent highlights include advising Standard Investment on the financing of its acquisition of Riedel from dairy company Friesland Campina, and acting for Boels, a rental company, on its growth refinancing of ‚ā¨2.8m. The ‚Äėexcellent‚Äô Maarten van der Graaf, Herman Wamelink, Frans Haak¬†and Sharon Kaufmann¬†lead the practice.

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

Stek

Stek's team is 'pro-active and cooperative' and 'thinks in possibilities'.  Core strengths include corporate lending, healthcare financings and project financings. A major client is Rabobank, which the team advised on an acquisition finance transaction for Avedon of its double acquisition of Visions Connected and Viju. Key names include Maarten van der Graaf, Herman Wamelink, Frans Haak and Sharon Kaufmann, who are heads of team.

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

Stek

Stek's team head Eelco Bijkerk, together with Dierik Cras and Maarten van der Graaf, advise private equity houses, corporates, and financial institutions on M&A and broader corporate law, as well as restructurings. 'The hands-on attention from the partners results in high-quality legal work with the courage to be pragmatic'. The 'proactive' Bijkerk is acknowledged for providing clients 'with the comfort that nothing is left behind which should have been dealt with'. In the renewable energy market, Cras advised the shareholders of Lagerwey, the wind turbines manufacturer, on the sale of their shares to Enercon of Germany.

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

Stek

Stek‚Äôs team remains a key name for antitrust litigation across the financial, travel, audit and energy sectors, among others. Co-heads Jan Bart van de Hel and Gerben Smit are acting for an Intertrust Group affiliate, as issuer of notes in a ‚ā¨635m transaction, in litigation against leading US hedge funds. Other clients include Stopanska Banka, Komercijalna Banka and KPMG. The team was bolstered by the arrival of senior associate¬†Max Hetterscheidt¬†from¬†Allen & Overy LLP¬† in February 2018 and Berend Reuder¬†from Houthoff¬†in August 2018.

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EU and competition
EU and competition - ranked: tier 3

Stek

Stek's expertise takes in multi-jurisdictional cartel cases, merger control work and strategic advice on vertical competition law among others. Co-lead Ruben Elkerbout is assisting Wrist Ship Supply Group with securing first-phase clearance of its proposed acquisition of Klevenberg Shipping Center.  Berend Reuder joined as a partner in August 2018 from Houthoff, and Linde Bremmer joined in December 2017 from CMS.

Next generation lawyers

Berend Reuder - Stek

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Energy: regulatory
Energy: regulatory - ranked: tier 1

Stek

Stek's energy practice is considered 'top-notch' throughout ‚Äď 'this is a firm where you can happily leave a matter in the hands of the associates'. Jan Erik Janssen¬†is 'the best energy regulatory lawyer in the Netherlands' and the team 'knows what is happening in the energy sector and has a good mix of energy, competition, and state-aid expertise'. Counsels Martha Brinkman¬†is considered 'a good choice for upstream E&P matters' and Stephanie Dielemans¬†'has good industry knowledge and is a good choice for procurement law as well'.

Leading individuals

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Energy: transactional
Energy: transactional - ranked: tier 2

Stek

Stek¬†emergy practice is described as 'highly skilled, responsive, pragmatic, and creative'. Reijnoud Homveld¬†is recommended for transactions; 'he is sensitive to the client's needs and is a very effective dealmaker'. He represents an impressive range of energy companies, financial institutions, and private equity houses. Senior associate Claudia Beele¬†is also recommended, especially for renewables matters. The team continues to act for¬†Stedin in various high-impact transactions, including the sale of Joulz Energy Solutions to Volker Wessels. It also acted for¬†the shareholders of turbine manufacturer Lagerwey in the sale of the company to ENERCON ‚Äď it subsequently assisted ENERCON/Lagerwey with the execution of the joint venture with Russia‚Äôs NovaWind.

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Private equity
Private equity - ranked: tier 3

Stek

Clients praise¬†Stek¬†for delivering ‚Äėpartner attention whenever it‚Äôs needed‚Äô and for providing 'a good balance between legal knowledge and business interest'. In recent work,¬†Eelco Bijkerk¬†acted for Rotterdam Port Fund on its investment in Tagpoint and assisted Bencis Capital Partners with the sale of a packaging company to Jindal.¬†Dierik Cras, who is noted for his 'sharp brain',¬†is advising Ponooc on the sale of its wind turbines portfolio company. Maarten van der Graaf¬†and senior associate¬†Malu Dijkstra¬†are other names to note.

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Transport
Transport - ranked: tier 3

Stek

Stek¬†is praised for its ‚Äėoutstanding aviation practice‚Äô. Jeroen Timmermans¬†and senior associate Laetitia Kunst-den Teuling¬†advised TrueNoord Holdings on two aircraft purchases from Castlelake.

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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 ‚ÄúCommission‚ÄĚ) 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