Head contractor Manhattan must immediately lift the retention. This was the decision of the summary proceedings. The judge attached a penalty payment of 100.000 guilders a day to the sentence.
From a democratic point of view, there ought to be little possibilities to end the mandate that an elected representative of the people had received from the voters, in a different way than through elections. It is otherwise an infringement of the democratically obtained mandate, says the General and Judicial Affairs department as a result of a convicted politician retaining his/her seat, as included in the new state settlement.
The current financial crisis on the international market proves once again that the economy must not be dependent on just one sector, says Stanley Betrian, chairman of the Social Economic Council (SER).
In a reaction on the verdict in the case instituted by three Cuban dockworkers, Commissioner Eugène Rhuggenaath (PAR) said before TeleCuracao yesterday that the Curacao Dry-dock Company (CDM) does not acknowledge the 80 million dollar claim that an American judge imposed last Monday.
Liability with regard to broken off negotiations. That is what, in summary, the matter of Packers Provisions Curaçao (Kortijn Ice Company) against Aqualectra is about.
A two third majority is not obliged today for the Island Council to approve the constitution and the laws for the establishment of administrative and legal institutions of the future Land of Curaçao.
The claim by three Cuban dok workers who fled to America from Curaçao in 2005, was granted by a judge in Miami. The Curacaoan Dry Dock Company (CDM) has to pay 80 million dollars in damages to the three Cubans.
Even though the effects of the credit crisis are also notable at Fatum, the insurance company was spared from serious consequences, reassured the company her customers via a press release.
A Political Steering Committee will be held in St. Maarten before the Round Table Conference (RTC) of December 15, confirms Commissioner of Political Structure, Zita Jesus-Leito (PAR).
Stanley Betrian, chair of the Social Economic Council (SER), is of the opinion that the advisory body must play a prominent part in the new Land Curacao. He makes a case for including the SER in the state settlement, as a required advisory body of the future government of Land Curacao.
Why did the 2009 budgeted expenses and income for the Bureau Telecommunication and Post (BTP) increase this much? This was one of the questions that came up for discussion during the consideration of the National budget 2009 in the Central Committee of Parliament.
Under public pressure, the BC has carried through an adjustment of the state settlement for the future Land Curacao. The adjustment implies rules for convicted Parliament-members to step down when convicted by the judge.
The Curacao International Financial services Association (Cifa) says that further delay in the amendment of the National Ordinance Profit Tax is disastrous for the sector. There is still a long way to go to catch up with the lost time and get back in the top ten of international financial service center, says the Cifa.
Last week the G7 declared themselves openly in favour of ‘a strong and consistent guarantee regulation to keep the confidence of the savers’.
The next RTC’s must show whether it is feasible for St. Maarten and Curacao to get the status of land within the Kingdom. They are going to perform many duties independently.
VVD-Parliament-member Henk Kamp (56) becomes representative for the Kingdom for the BES-islands Bonaire, Saba, and St. Eustatius. Reliable sources in The Hague have confirmed this message of BNR Newsradio to press agent ANP today.
Although courts in many Latin American jurisdictions are broadly positive to arbitration, it is the occasional poor judicial decisions which erode investor confidence, said a panel at the IBA conference today.
When any law firm reaches a certain size, its partners are forced to consider more formal management styles. But when that tipping point is reached, how far towards a corporate structure should lawyers take their firms?
Lim A Po Law Firm has become a member of World Services Group (WSG) and is now the exclusive legal member for Suriname. Founded in 1937, the firm is currently the largest and most prestigious law firm in the country.
The crisis engulfing financial markets is impossible to predict, but tighter regulation seems inevitable - as does the ability of the leading law firms to continue bagging the work, agreed a panel at the IBA yesterday.