Curaçao and Antillean politicians and advisors know for sure, even before the Political Steering Committee between the Netherlands, Curaçao and St. Martin starts this afternoon: the assignment authority for the Attorney General of the government minister of Justice is off.
ORANJESTAD –– On behalf of two clients on Aruba and Curaçao, law office Van Giffen wants to bring charges against the Central Bank of Aruba (CBA) on account of failing supervision in the fraude case of Stanford International Bank. The clients hold the CBA responsible in view of an article in the Amigoe of February 19th, where co-workers of the bank indicated to be worried about Stanford since the law on credit institutes (LTK) was implemented ten years ago.
What will be the effect of the Netherlands Antilles constitutional changes with respect to the position of its international financial service center? Read the statement on this subject by the State Secretary of Finance Mr. Alex D. Rosaria.
Lawyer Leo Spigt (Spigthoff) has introduced a new initiative on the Dutch market for legal services. Under the name Legal Legion he and two partners started a new firm that aims at legal work that is under the level of a standard law firm. Work that at this moment is being done by standard law firms or through outsourcing of lawyers, but that might as well be done by less qualified lawyers.
State secretary Alex Rosaria (Finance, PNP) congratulates Bryan Irausquin with his election as new chairman of the Curaçao International Financial Services Association (Cifa). During a first conversation with the new chairman, the secretary indicated that he was looking forward to a good cooperation.
FirstCaribbean Corporate Banking Curacao has successfully closed a landmark US$45 million refinancing transaction with Pristine Estates N.V. The company owns the 612-room 3.5 star Holiday Inn Resort and Casino in Aruba.
The advice of the Council of State (Raad van State), with serious comments on the procedure, necessity and expected effectiveness of the assignment authority of The Kingdom of the Netherlands Minister of Justice for the local Attorney-General, was received with great acclaim by the negotiators in the constitutional process.
The Council of State has serious comments regarding procedure, necessity and expected effectiveness of the assignment authority of the (Dutch) Minister of Justice for the local Attorney-General, states a well-informed source.
Geschreven door Eric R. de Vries
maandag, 16 maart 2009
Op 15 mei 2009 wordt er op Curaçao een referendum gehouden. De inzet: goed- of afkeuring van het bereikte politieke resultaat waarmee Curaçao een land wordt in het Koninkrijk der Nederlanden.
At the request of the Dutch Bar association Prof.Mr. F.A.W. Bannier has written a memorandum on the nature and range of the professional confidentiality and the right to silence. You can read this memorandum here.
In a series of information pages the Government is informing the public on the constitutional future of Curacao. Here you can read these information pages.
Philipsburg - The consensus-statute law on maritime borders was unanimously passed last Monday. This law lays down the borders of the future countries St. Maarten and Curacao, and those of the BES-islands (Bonaire, St. Eustatius, and Saba).
US billionaire Allen Stanford has been accused of fraud by the US Securities and Exchange Commission (SEC). According to the SEC, Stanford International Bank domiciled on the island of Antigua sold roughly $8 Billion of “so-called” ‘certificates of deposit’ to investors by promising improbable and unsubstantiated high interest rates.
PHILIPSBURG--The ripple effects of the “massive ongoing fraud” charges against Texan billionaire Allen Stanford are seeping into the Netherlands Antilles where several people and businesses have invested in Stanford International Bank.
Commissioner of Economic Affairs of St. Maarten, Maria Buncamper-Molanus, visited Curacao this week, where together with a team of advisors, she looked at the financial services sector. The delegation had a meeting with among others the director of Curaçao International Financial Services Association (Cifa), Lionel Anthony, who is also associated with LAconsult.
Inleiding: "De steeds verdergaande specialisatie van advocaten op grote kantoren is hem een doorn in het oog. Evenals de trage wetgeving in Nederland. Eric de Vries, advocaat op Curaçao, betoont zich regelmatig kritisch over het rechtsleven in Nederland. Tijd voor een nadere kennismaking."
The Council of Minister for the Kingdom has agreed with the consensus-statute law Police of Curaçao, St. Maarten and the BES-islands (Bonaire, St. Eustatius, and Saba) and with the Statute Law Council for the maintenance of law and order. Both bills will now be sent to the State Council for the Kingdom for advice.
Judgment in the matter that the Antillean sprinter Churandy Martina had instituted with the International Sports Court of Justice in Lausanne, has again been postponed. The Court of Justice will now render judgement on 13 March. Director Remco Tevreden of the Netherlands Antillean Olympic Committee (Naoc) couldn't say what the exact reason for this new postponement was.
Telecom-minister Maurice Adriaens (FOL) indicated that Columbus Networks Curaçao has instituted legal proceedings against the Government of the Netherlands Antilles. She did this to force the issuing of a new concession for international telephony and internet in Curacao. The Government has obtained a period of three weeks to argue why there is no response yet on the petition that was submitted by Columbus already in 2007.
In January 2009, VanEps Kunneman VanDoorne published an advertisement in several local newspapers announcing, on behalf of American Eagle Outfitters (‘AEO’) that anyone selling, offering for sale, stocking, or otherwise handling counterfeit products bearing any trademarks from AEO may risk legal action.