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Norton Rose Fulbright

Work +31 20 46 29 300

Wouter Hertzberger

Work +31 20 462 9427
Norton Rose Fulbright

Work Department






Project finance and PFI

Within: Leading individuals

Wouter Hertzberger - Norton Rose Fulbright

Within: Project finance and PFI

Banking and finance expert Wouter Hertzberger and ‘outstanding’ projects specialist Daphne Broerse jointly head Norton Rose Fulbright’s ‘deeply knowledgeable, market-leading’ practice. Both partners advised the lenders to Boskalis and VolkerWessels on the financing of the €1bn Afsluitdijk project. Of counsel Joris Ravelli and senior associate Ania Gorna are recommended banking experts.

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Restructuring and insolvency

Within: Restructuring and insolvency

Especially active on the creditor side, Norton Rose Fulbright’s department acts for distressed companies and their directors. Banking and finance expert Wouter Hertzberger and corporate and restructuring litigator Yke Lennartz co-head the group, of which clients include ABN Amro and MS Mode Group.

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Within: Transport

Norton Rose Fulbright welcomed Berend Crans from De Brauw Blackstone Westbroek in April 2017. Crans advised the Dutch state on its $92m purchase of a new government aircraft. Other clients include China Aircraft Leasing and Waypoint Leasing. Wouter Hertzberger heads the group.

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Netherlands: Banking and finance

Asset finance and structured finance

Within: Asset finance and structured finance

Norton Rose Fulbright’s team often handles asset finance transactions, with a particular expertise in the aviation and transportation sectors. Co-head Berend Crans, who joined from De Brauw Blackstone Westbroek in 2017, advised China Aircraft Leasing on financing issues regarding a number of acquisitions of aircrafts valued at $450m in total. Co-head Wouter Hertzberger and Gijs van Leeuwen assisted Bank of America with an asset-based loan arising from the acquisition financing of German department store Galeria Holding by Hudson Bay. Paul Vine leads on English finance matters.

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Lender or arranger side

Within: Lender or arranger side

Norton Rose Fulbright’s practice has considerable experience in acting for Dutch and international financial institutions as lenders on cross-border transactions. Practice head Wouter Hertzberger and Gijs van Leeuwen advised Bank of America Merrill Lynch on an asset-based loan to Hudson Bay regarding its acquisition of Galeria Holding. The team also includes Paul Vine and Berend Crans.

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Netherlands: Energy


Within: Regulatory

Involved in a wide range of energy matters, Norton Rose Fulbright’s practice has strong cross-border capabilities. Of counsel Matthijs van Leeuwen advised BritNed Development on its involvement in a pan-European electricity transmission trial. Project finance experts Wouter Hertzberger and Daphne Broerse are also recommended.

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Within: Transactional

Norton Rose Fulbright’s practice is headed by Wouter Hertzberger, who advised the developers of the Nop Agrowind project on its €400m financing. Ballast Nedam instructed of counsel Matthijs van Leeuwen on its energy supply arrangement.

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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 “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
    - 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

    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