Dutch Caribbean Legal Portal
NEWSLETTER
FOREIGN CLAIMS SECURED BY ARUBAN SECURITY RIGHTS
- January 25, 2010 6:04 AM
The foreign law governed claim must be sufficiently identifiable
Many financing arrangements are of a cross-border nature. For instance, a loan agreement governed by English law with the loan secured by a right of pledge governed by the laws of Aruba. This raises all kinds of questions.
In liefde en (verkiezings)oorlog is alles geoorloofd
- January 19, 2010 4:38 AM
geschreven door Cindy de la Fuente
woensdag, 13 januari 2010
Op 22 januari 2010 moet de Curaçaoënaar weer naar de stembus. Ditmaal om te kiezen voor de leden van de Staten van de Nederlandse Antillen.
DRAG-ALONG RIGHTS UNDER THE LAWS OF ARUBA
- January 18, 2010 10:09 AM
Drag-along rights may be validly created
On January 1, 2009 the new Aruba Ordinance on companies with limited liability (vennootschap met beperkte aansprakelijkheid; VBA) became effective.
Rights of pledge on shares in a Netherlands Antilles company vis a vis rights of shareholder
- January 15, 2010 4:05 AM
On 24 December 2009 the Court of First Instance in Curacao rendered a summary judgment, whereby the issue was the appointment of a new managing director of a Netherlands Antilles company (the "Company") by a bank (the "Bank") as pledgee with voting rights on the shares in that Company.
Stanford Group Aruba declared bankrupt
- January 14, 2010 6:03 AM
On December 11, 2009 the Court of First Instance of Aruba declared Stanford Group Aruba N.V. bankrupt and appointed Jeannot de Cuba of law firm VanEps Kunneman VanDoorne as bankruptcy trustee.
Excess subscription bonds IUH - Aqualectra collects 300 million
- January 14, 2010 5:50 AM
The bond issue of Integrated Utility Holding (IUH, “Aqualectra”) to which interested parties had less than three days to respond has turned out to be successful.
Court obligates transfer shares Rif Resort
- January 14, 2010 5:38 AM
The Court of First Instance awarded the buyout claim instituted by the “Stichting Beheer Aandelen Rif Resort Hotel” (Foundation Management Shares Rif Resort Hotel) against the joint minority shareholders by judgment of January 4.
ING not free from black list
- January 13, 2010 2:23 PM
AMSTERDAM - ING is still not released from a subsidiary bank that the United States put on the terror black list in 1996. For three and a half years the bankbanking-insurance company has been conducting an investigation into the transactions of its subsidiary on Curaçao: the National Caribbean Bank (NCB).
De zin en onzin van de Antilliaanse huurbescherming
- January 12, 2010 6:49 AM
geschreven door Cindy de la Fuente
donderdag, 17 december 2009
Net als in Nederland wordt ook de huurder in de Antillen en Aruba beschermd. Een klein verschil is dat de hier toepasselijke regelgeving – de Huurcommissieregeling - dateert uit 1939 en is gebaseerd op Nederlandse regelgeving uit 1917.
RECHT: De huur van een woning
- January 11, 2010 2:32 PM
De bescherming die het huurrecht een huurder van een woning biedt is menig verhuurder een doorn in het oog.
SEPARATION BETWEEN LEGAL AND BENEFICIAL OWNERSHIP OF SHARES IN THE DUTCH CARIBBEAN
- January 11, 2010 5:33 AM
The beneficial owner of shares is not a shareholder
On March 1, 2004 the act on corporate law (Book 2 Netherlands Antilles Civil Code) became effective. The Act governs NVs (‘public limited liability company’) and BVs (‘private limited liability company’).
Yankee dollar
- January 08, 2010 5:55 AM
The discussion about switching from the Antillean guilder to the US dollar in Curaçao and St. Maarten when the Netherlands Antilles ceases to exist has died down somewhat since a symposium on the subject at the end of last year.
Complicated buy-out procedure (uitkoopprocedure) successfully conducted
- January 08, 2010 5:05 AM
Randolph Van Eps, Aike Krips and Yvo Peters of VanEps Kunneman VanDoorne successfully assisted Stichting Beheer Aandelen Rif Resort (the “Stichting”) in its request for buying out the minority shareholders in Rif Resort Hotel N.V. (Marriott Hotel).
Fifth lawyer at Bokkes Fontein
- January 06, 2010 10:12 AM
At the Joint Court of Justice of the Netherlands Antilles and Aruba Olga Kostrzewksi has been sworn in as a lawyer today.
THE SELLING OF SHARES BY A DUTCH CARIBBEAN COMPANY
- January 04, 2010 5:24 AM
Answers to foreign counsel queries
A Netherlands Antilles company (NV or BV) may have assets, both local and foreign. Not seldom such a company wants to sell all or a portion of its assets.
A COMPARISON OF THE DUTCH BV AND THE DUTCH ANTILLEAN BV
- December 29, 2009 11:53 AM
There are similarities and differences
There are certain similarities between the Dutch and the Antillean BV, in fact they are fundamentally the same type of entity. The main object of the Antillean legislator was, however, flexibility and maximum freedom of organization and presentation.
Nobel Winds & Breezes
- December 24, 2009 3:43 AM
Let’s talk about winds. Nobel winds. Nobel winds and breezes. Sometimes law even has something to say about the wind, for instance, when you consider building or buying a wind farm at a certain site.
Aqualectra signs agreement for expansion
- December 24, 2009 3:40 AM
Yesterday, the power company Aqualectra signed an agreement with NuCapital.
Merry Ex-mas
- December 17, 2009 8:59 AM
London firm Lloyd Platt & Company is offering divorce gift vouchers to entice clients.
According to the firm, Lloyd Platt & Company will issue gift vouchers for half an hour and an hour of legal advice through its website or by post after claiming to have been “inundated” by requests from clients.
Scheper leaves SMS
- December 17, 2009 4:49 AM
Attorney at law Gerrit Scheper is leaving Law Firm SMS-Advocaten. As per 1 January 2010 the firm will continue under the name SMS Attorneys at Law. As of this date Scheper is starting his own law firm.