News

With the ever-growing amount of legislation and regulation, businesses face increasing legal, financial, compliance and governance-related risks. Even to the degree of personal liability of its officers and corporate bodies. Managers, supervisory directors, and shareholders are increasingly being held liable for their...Read More

Under Dutch Caribbean law, both existing and future receivables can be pledged either by a disclosed right of pledge (which requires notifying the debtor of the pledged claim); or an undisclosed right of pledge. Due to a statutory limitation, an undisclosed right...Read More

In M&A transactions, parties often agree to deposit a part of the purchase price with a third party, the escrow agent, for a certain period of time in order to offer the purchaser security for any future claims under the guarantees and/or...Read More

A representative can legally bind the principal unless the representative has exceeded the limits of his representative authority. However, a counter party may justifiably rely on authority of the representative when this reliance is caused by a statement, act or omission of...Read More

Prior to a transaction, a potential buyer nearly always engages a law firm to assist with performing a due diligence investigation into the target company. The purpose of such due diligence investigation is to identify the (possible) risks and give certain recommendations...Read More

Pursuant to the Curaçao Corporate Code the Enterprise Chamber of the Joint Court of Justice may, at the request of an interested party such as a shareholder, order an inquiry (investigation proceedings) into the policy and affairs of a corporation. Such an...Read More