News

Last month the Supreme Court ruled on the legal matter of qualification of an agreement as an employment contract. In its ruling, the Supreme Court draws attention to the fact that, contrary to what is sometimes argued, party intent is not relevant...Read More

In Aruba, the law on legal entities is spread over the Aruban Commercial Code, the National Ordinance on Foundations, the Civil Code, the National Ordinance on Cooperative Societies, and the National Ordinance on Limited Liability Companies. An amendment of the law has...Read More

Dutch Caribbean law provides for a so-called squeeze-out procedure. Meaning, that a major shareholder holding at least 95% of the shares can enforce, through a court procedure, that the minority shareholder(s) transfer(s) his/their shares to him for a price to be determined...Read More

Earlier this month the Supreme Court provided answers to two legal questions of great importance to the financial (banking) practice. The first question was to what extent claims of a bank on a borrower are by their nature non-transferable to a non-bank....Read More

In a recent judgement the Supreme Court ruled on the legal question whether an insurance portfolio can be validly pledged. In the case at hand the lender and the borrower entered into a credit agreement, which also entailed a deed of pledge,...Read More

Our previous newsletter addressed various legal implications of the corona crisis. The corona crisis, and the various directives issued by different authorities in countries grappling with the pandemic, such as lock-down measures, have raised many legal questions. Some of the key issues...Read More