In response to the article ‘Substantial investment loss for Central Bank Antilles’ on Quotenet.nl., the Bank of the Netherlands Antilles (BNA) sent out a press release in which the contents of the article are being invalidated.
PHILIPSBURG--Antillean Justice Minister Magali Jacoba is giving undocumented persons living in the Netherlands Antilles six weeks – from November 3 to December 15 – to legalise their status before she launches intense immigration controls on all five islands.
THE HAGUE - The Lower House last week approved a motion initiated by the Antillean organisation OCaN (Organisatie voor Caribische Nederlanders) to have parliament look into the possibility of introducing a fatherhood law.
door Misha Bemer
Arbeidsovereenkomsten in Aruba zijn doorgaans overeenkomsten voor onbepaalde tijd.
Columbus Networks can soon offer cable television as a consequence of it’s acquisition of Curaçao Cable Television N.V. (CCT) including the license for a television broadcasting station.
On 13 October 2009 a Master Course Public Sector Dutch Caribbean was organized by the Royal Dutch Institute of Certified Public Accountants and the SOAB, the internal accountant for the Netherlands Antilles and the Island Government of Curacao. The master course was attended by 35 registered accountants from The Netherlands, the Netherlands Antilles and Aruba.
According to the European Court of Justice, in its decision of 15 October 2009, community law does not include any general principle of law under which minority shareholders are protected by an obligation on the dominant shareholder, when acquiring or exercising control of a company, to offer to buy their shares under the same conditions as those agreed when a shareholding conferring or strengthening the control of the dominant shareholder was acquired.
Now that DSB is heading for bankruptcy the parties involved have armed themselves with legal advisers. The DNB (De Nederlandsche Bank) and DSB Bank seem to aim their strategy on financial supervision. Both have enlisted the services of a lawyer with experience with the responsabilities and tasks of regulators.
The website of the Dutch Caribbean Securities Exchange (DCSX) is in the air: www.dcsx.an or www.dcsx.org. On the site visitors can find information on the exchange, the listing process, listing advisers and the members. The site is in English and Portugese and will soon also be available in Spanish.
Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados and Shearman & Sterling LLP have helped low-fare Brazilian airline GOL raise US$346 million in a share offering on the local and international markets. GOL Linhas Aereas Inteligentes, the second largest airline in Brazil, also performs flights to Curacao.
THE HAGUE - The Dutch Government has agreed to invest 690,000 euros in higher education in the Netherlands Antilles, via the University of the Netherlands Antilles (UNA) and the University of St. Martin (USM). The money will be used to make higher education on the islands “more attractive” and to prevent brain drain.
Today in Willemstad Prime Minister De Jongh-Elhage of the Netherlands Antilles and Justice Minister Hirsch Ballin have talked about the proposed law Kingdom Act Movement of Persons.
On September 21, 2008 the Government appointed a Commission that advises on modernization of the Aruba Civil Code presented its findings to the minister of Justice of Aruba.
On October 2, 2009 Mr. Karel Frielink held a lecture on Sint Maarten entitled ‘Good Corporate Governance op Sint Maarten: wordt het een lange of korte weg van papier naar praktijk?’
Minister Ersilia de Lannooy (Finances, PNP) signed a Tax Information Exchange Agreement (TIEA) between the Kingdom of the Netherlands (for the benefit of the Netherlands Antilles) and St. Vincent & the Grenadines.
by Ben Gardner and Jeremias Prassl (Harvard Law School LL.M. Class of 2009)
The Dutch law firm Van Doorne, that is associated with VanEps Kunneman VanDoorne, established in The Netherlands Antilles and Aruba, has won the Sonja Boekman prize. The jury chose VanDoorne as the firm with the most effective policy on diversity for women. The prize was given to VanDoorne by FNV-president Agnes Jongerius at the Annual Meeting of the Dutch Bar Association.
Ter gelegenheid van de installatie van een viertal rechters bij het Gemeenschappelijk Hof van Justitie van de Nederlandse Antillen en Aruba op vrijdag 25 september j.l. hield de Deken van de Orde van Advocaten Curaçao, mr. Karel Frielink, de volgende rede.
This afternoon four new judges will be officialiy installed at the Joint Court of Justice of the Netherlands Antilles and Aruba. These judges are Mrs. M.T. Boerlage, Mr. J.R. Sijmonsma, Mr. J.P. de Haan and Mrs. M.W. Scholte, the latter as deputy of the presiding judge. Judges of all other islands flew in yesterday and today to be present at this official event.
September 25, 2009
ORANJESTAD/PARIS — A delegation of the Directorate of Taxes (SIAD) has recently reached an agreement with France on the exchange of tax information. The draft-agreement of the Tax Information Exchange Agreement (TIEA) was initialed by both countries. It is expected that the final agreement will be signed within short.