Allen & Overy LLP (JD Supra Netherlands)

On 26 May 2021, the Court of The Hague rendered a landmark decision in proceedings between Milieudefensie (a.o.) and Royal Dutch Shell plc (RDS). Milieudefensie claimed, in short, that RDS must reduce its CO2-emissions by 2030 with 45% compared to RDS’ emissions in 2019.

In 2020 companies around the world were hit by a wave of cybersecurity incidents. Our Amsterdam Technology & Data team spoke with over 30 organisations that represent a cross-section of the Dutch corporate community about their experiences, key challenges and the impact of cybersecurity incidents on their business. In this blogpost we share our main findings and our recommendations regarding...

Overview Nieuwe verplichtingen tot verstrekken van informatie over buitenlandse giften en het deponeren van balans en staat van baten/lasten voor maatschappelijke organisaties.

Overview - Per 1 januari 2021 is het arbeidsrecht op meerdere vlakken gewijzigd. In dit blogbericht bespreken wij de belangrijkste wijzigingen.

Na een versnelde wetgevingsprocedure is in april 2020 de tijdelijke wet COVID-19 in werking getreden. Die ‘noodwet’ heeft terugwerkende kracht tot en met 16 maart 2020. De noodwet voorziet onder andere in bijzondere regelingen voor de algemene vergadering van aandeelhouders van vennootschappen.

Following an accelerated legislative procedure, the Temporary Act COVID-19 came into force in April 2020. The Act has retroactive effect until and including 16 March 2020. This "Emergency Act" provides, among other things, for special arrangements for general meeting of shareholders (GM) of companies. The Emergency Act would make it, originally at least until 1 September 2020, possible for GMs to

The Netherlands Authority for Consumers and Markets (ACM)’s Wholesale Fixed Access decision in the telecoms sector is the first Dutch market analysis based on a theory of joint dominance. The highest Dutch court for these matters has now found that the ACM committed fundamental errors in applying this theory and has annulled the decision in its entirety. As a result, KPN and VodafoneZiggo are no...

Although the Netherlands is generally considered low risk when it comes to bribery and corruption, the Dutch Public Prosecution Service (DPPS) has been involved in settling several of the most high-profile cases involving global corporations of the last years.

The Netherlands Commercial Court (NCC) will soon be up and running in Amsterdam. Parties can already choose to bring disputes before this new and specialised chamber of the Court of Amsterdam by including a forum clause in their contracts today. The NCC will hear complex international civil or commercial disputes. The NCC aims to be an attractive alternative to international arbitration and...

A recent binding advice of the Dutch Financial Services Complaints Tribunal (Tribunal) ordered a bank to pay negative interest to a client on the basis, inter alia, that there was no interest rate floor in the agreement. This decision has received much attention in the Netherlands. The issue arose due to falling reference interest rates such as Euribor and Libor.

In a judgment handed down on 20 April 2016, The Hague District Court set aside the awards in three arbitrations rendered against the Russian Federation in investment treaty cases brought by former shareholders in Yukos.

Whether a bank may validly terminate a credit agreement, even on the basis of a contractually agreed termination provision, is often not straightforward and depends on the type of borrower, the availability of alternative funding and the reason for termination. This article examines recent Dutch case law which illustrates the factors taken into account by the courts when assessing whether a...

Today, the Dutch Ministry of Finance published its Tax Plan 2016. In fact, the government sent six separate Bills to Parliament (one on 11 September and the other five on 15 September). Hereinafter we will refer to these six Bills together as the Tax Plan. In this e-alert we discuss the proposals which are of interest to the business community. Given the fact that the government does not have a...

Today, the Dutch Ministry of Finance published its Tax Plan 2015 (hereinafter: Tax Plan). The Tax Plan primarily has an impact on citizens of the Netherlands, especially employees. The impact for the business community itself, in terms of taxes levied directly from businesses, is relatively limited. However, the changes in the wage tax which have already been approved by Parliament, especially...