482 results Developments in the enforcement of share pledges under Dutch law Since the implementation of the Dutch scheme of arrangement on 1 January 2021, a relatively new tool to restructure debts of Dutch corporate entities in order to prevent their insolvency is available in the Netherlands. Luxembourg Draft Law proposes welcome tax clarifications and new provisions On 23 May 2024, the Luxembourg Minister of Finance presented a new draft law to Parliament, packed with notable tax provisions. Listing Act: expanded prospectus exemptions On 24 April 2024 the European Parliament adopted the EU Listing Act, a legislative package that includes changes to the Prospectus Regulation, the Market Abuse Regulation, MiFID II and MIFIR. In this article we discuss these expanded prospectus exemptions Mondelēz’s fine takes the biscuit: cross-border trade crusade peaks The European Commission has fined Mondelēz EUR 337.5 million for restricting cross-border trade. Brand owners are advised to double-check their licensing and distribution systems, as well as their commercial conduct, for possible territorial restraints. Happy first anniversary! One year of the Vifo Act: an update On the first of June, the Dutch national security investment screening regime (the Vifo Act) celebrated its first anniversary. Time to take stock of key findings and forthcoming developments. Commission takes labour market enforcement to the next level Employers beware: the European Commission is strengthening its actions against anticompetitive practices in labour markets. In its recent Competition Policy Brief it takes a tough stance. Companies are well-advised to review their employment practices. Greenwashing in the EU financial markets: sustainable finance status update The European financial markets feature numerous financial products with characteristics such as ‘green’, ‘ESG’, ‘sustainable’, ‘climate’, ‘transition’, ‘impact’ or similar. But when is it fair to name or label financial products as such? How a 'non-commercial' contract can still qualify as a commercial transaction and be subject to statutory commercial interest Statutory commercial interest is higher than the ordinary statutory interest. Whether statutory commercial interest is due, depends on the qualification of the relationship between the parties as a commercial contract under Article 6:119a DCC. EBA Reports on Virtual IBANs On 24 May 2024, the European Banking Authority (EBA) published a report on virtual IBAN (vIBANs) in which the EBA set outs characteristics and use cases of vIBANs and comments on identified risks associated with this development in the payments market. The anti-SLAPP Directive has legal effect Litigation against, for example journalists, NGOs, and human rights defenders could effectively silence them. To prevent this, the European Parliament and the Council of the European Union recently adopted the anti-SLAPP Directive. Stibbe Brussels reinforces Real Estate and Energy practices with two new partners Stibbe is pleased to announce the appointments of Anneleen Quirynen (Real Estate, Construction & Projects) and Lothar Van Driessche (Energy, Industry & Utilities) as partners in the Brussels office. The ECJ’s ruling in Servier: Never Settle For Less Patent settlement agreements between originator pharmaceutical companies and generics manufacturers are a risky business. Originator medicine company Servier and five generic companies rolled the dice and the ECJ largely confirmed their antitrust fines. EU Court of Justice ruled on the statute of limitation and scope of applicability of the Damages Directive in Heureka vs. Google In a judgment of 18 April 2024, the European Court of Justice (“CJEU”) ruled on preliminary questions of the City Court of Prague concerning a damages claim lodged against Google by comparison shopping service provider Heureka. Stibbe advised SEGRO on its significant expansion of its high-quality logistics real estate portfolio Stibbe congratulates SEGRO on acquiring three fully leased, highly reversionary logistics warehouses in the Netherlands for a total cash consideration of €222 million. Stibbe advises Medios AG Stibbe advises Medios on its acquisition of Ceban for around EUR 260 mio. Medios is a German pharmaceutical company listed on the Frankfurt stock exchange. Dutch Ceban prepares medicines for hospitals and pharmacies, also known as compounding. Listing Act: Inside information disclosure in a protracted process In April 2024, the European Parliament adopted the EU Listing Act. We discuss the removal of the obligation to immediately disclose an intermediate step in a protracted process that constitutes inside information under the Market Abuse Regulation. Warranty & Indemnity Insurance: an increasingly popular insurance A warranty & indemnity (W&I) insurance covers damage resulting from breaches of warranties given in the SPA by the seller. W&I insurance has been around for many years, but it has become increasingly popular in the last few years. Climate change litigation: Dutch Supreme Court upholds Urgenda decision On Friday 21 December 2019, the Dutch Supreme Court dismissed the appeal of the Dutch government in the Urgenda-case, hence upholding the order of the Court of Appeal of The Hague. Pagination Previous page Page 24 Current page 25 Page 26 Page 27 Next page
Developments in the enforcement of share pledges under Dutch law Since the implementation of the Dutch scheme of arrangement on 1 January 2021, a relatively new tool to restructure debts of Dutch corporate entities in order to prevent their insolvency is available in the Netherlands.
Luxembourg Draft Law proposes welcome tax clarifications and new provisions On 23 May 2024, the Luxembourg Minister of Finance presented a new draft law to Parliament, packed with notable tax provisions.
Listing Act: expanded prospectus exemptions On 24 April 2024 the European Parliament adopted the EU Listing Act, a legislative package that includes changes to the Prospectus Regulation, the Market Abuse Regulation, MiFID II and MIFIR. In this article we discuss these expanded prospectus exemptions
Mondelēz’s fine takes the biscuit: cross-border trade crusade peaks The European Commission has fined Mondelēz EUR 337.5 million for restricting cross-border trade. Brand owners are advised to double-check their licensing and distribution systems, as well as their commercial conduct, for possible territorial restraints.
Happy first anniversary! One year of the Vifo Act: an update On the first of June, the Dutch national security investment screening regime (the Vifo Act) celebrated its first anniversary. Time to take stock of key findings and forthcoming developments.
Commission takes labour market enforcement to the next level Employers beware: the European Commission is strengthening its actions against anticompetitive practices in labour markets. In its recent Competition Policy Brief it takes a tough stance. Companies are well-advised to review their employment practices.
Greenwashing in the EU financial markets: sustainable finance status update The European financial markets feature numerous financial products with characteristics such as ‘green’, ‘ESG’, ‘sustainable’, ‘climate’, ‘transition’, ‘impact’ or similar. But when is it fair to name or label financial products as such?
How a 'non-commercial' contract can still qualify as a commercial transaction and be subject to statutory commercial interest Statutory commercial interest is higher than the ordinary statutory interest. Whether statutory commercial interest is due, depends on the qualification of the relationship between the parties as a commercial contract under Article 6:119a DCC.
EBA Reports on Virtual IBANs On 24 May 2024, the European Banking Authority (EBA) published a report on virtual IBAN (vIBANs) in which the EBA set outs characteristics and use cases of vIBANs and comments on identified risks associated with this development in the payments market.
The anti-SLAPP Directive has legal effect Litigation against, for example journalists, NGOs, and human rights defenders could effectively silence them. To prevent this, the European Parliament and the Council of the European Union recently adopted the anti-SLAPP Directive.
Stibbe Brussels reinforces Real Estate and Energy practices with two new partners Stibbe is pleased to announce the appointments of Anneleen Quirynen (Real Estate, Construction & Projects) and Lothar Van Driessche (Energy, Industry & Utilities) as partners in the Brussels office.
The ECJ’s ruling in Servier: Never Settle For Less Patent settlement agreements between originator pharmaceutical companies and generics manufacturers are a risky business. Originator medicine company Servier and five generic companies rolled the dice and the ECJ largely confirmed their antitrust fines.
EU Court of Justice ruled on the statute of limitation and scope of applicability of the Damages Directive in Heureka vs. Google In a judgment of 18 April 2024, the European Court of Justice (“CJEU”) ruled on preliminary questions of the City Court of Prague concerning a damages claim lodged against Google by comparison shopping service provider Heureka.
Stibbe advised SEGRO on its significant expansion of its high-quality logistics real estate portfolio Stibbe congratulates SEGRO on acquiring three fully leased, highly reversionary logistics warehouses in the Netherlands for a total cash consideration of €222 million.
Stibbe advises Medios AG Stibbe advises Medios on its acquisition of Ceban for around EUR 260 mio. Medios is a German pharmaceutical company listed on the Frankfurt stock exchange. Dutch Ceban prepares medicines for hospitals and pharmacies, also known as compounding.
Listing Act: Inside information disclosure in a protracted process In April 2024, the European Parliament adopted the EU Listing Act. We discuss the removal of the obligation to immediately disclose an intermediate step in a protracted process that constitutes inside information under the Market Abuse Regulation.
Warranty & Indemnity Insurance: an increasingly popular insurance A warranty & indemnity (W&I) insurance covers damage resulting from breaches of warranties given in the SPA by the seller. W&I insurance has been around for many years, but it has become increasingly popular in the last few years.
Climate change litigation: Dutch Supreme Court upholds Urgenda decision On Friday 21 December 2019, the Dutch Supreme Court dismissed the appeal of the Dutch government in the Urgenda-case, hence upholding the order of the Court of Appeal of The Hague.