PUBLIC TAKE-OVER RULES IN THE NETHERLANDS AND THE NETHERLANDS ANTILLES

Legal battle between minority shareholders of Hunter Douglas and Bergson Holdings
Hunter Douglas NV is a company established in the Netherlands Antilles. It is the worlds largest producer of window blinds (Luxaflex) and a major manufacturer in architectural products. Its shares are listed at the Amsterdam stock exchange, Euronext. Bergson Holdings NV is also a Netherlands [...]

THE APPOINTMENT OF JUDGES IN THE NETHERLANDS ANTILLES VS THE USA

Judge Samuel Alito would not face a political debate in the Netherlands Antilles
US Supreme Court nominee Samuel Alito answered a lengthy questionnaire from the Senate Judiciary Committee. The Committee will begin considering his nomination today, 10 January 2006. Both lawmakers and special interest groups are participating in the debate. The process of filling a vacancy [...]

SUMMARY PROCEEDINGS IN THE NETHERLANDS ANTILLES

Preliminary relief within two weeks
In all matters in which an immediate injunction, measure, or decision is required, the parties may address themselves to the Court. If the matter does not require immediate resolution, the Court will deny the relief sought and refer the parties to the normal procedure. Preliminary relief proceedings (’kort geding procedure‘) differ [...]

SECURITIZATION & THE NETHERLANDS ANTILLES

Netherlands Antilles special purpose vehicles are commonly used in cross-border financing transactions
Netherlands Antilles special purpose vehicles (SPVs) are commonly used in both cross-border financing transactions as well as in Netherlands Antilles domestic financing transactions. As regards cross-border transactions, (synthetic and cash) securitizations, repackagings, collateralized debt obligations (CDOs) and collateralized loan obligations (CLOs) and leasing transactions, [...]

NETHERLANDS ANTILLES MEMBER-MANAGED COMPANY

The right form for small businesses
On March 1, 2004 the new act on corporate law (Book 2 Civil Code; the ‘Act’) became effective. The Act shows a bold new approach to Netherlands Antilles corporate law as such. Until March 1, 2004 only manager-managed companies were known. According to the Act, the articles may provide that [...]

THE NETHERLANDS ANTILLES PRIVATE FOUNDATION

The Private Foundation can be used for tax planning and asset protection
The Netherlands Antilles Private Foundation has been introduced in the Netherlands Antilles Law through the National Ordinance Regarding Foundations as published on October 31, 1998. Since March 1st, 2004, these rules are laid down in Book 2 of the Civil Code.
The Private Foundation possesses [...]

THE NETHERLANDS ANTILLES

Is it a mysterious place?
The Netherlands Antilles form part of the Kingdom of the Netherlands. The other members of the Kingdom are Aruba and the Netherlands. The Netherlands Antilles in turn consist of five islands: Bonaire and Curacao (together with Aruba constituting the so-called ABC Islands, or Leeward Antilles, located in the South western Caribbean, [...]

NETHERLANDS ANTILLES HEDGE FUNDS

The Netherlands Antilles provide a favorable climate for hedge funds
The Netherlands Antilles currently provide a favorable tax, legal and regulatory climate for hedge funds. A fund vehicle can be established very quickly and very flexible.
Also, a new regulatory regime regarding the supervision of investment institutions and administrators and new anti-money laundering rules provides for comfort [...]

THE ULTIMATE CORPORATE ADVENTURE

Corporate legislation in the Netherlands Antilles
The law of the Netherlands Antilles (part of the Kingdom of the Netherlands) is still in full swing. The Netherlands Antilles government on a continuing basis is striving to introduce legislation and regulatory regimes in order to enhance its ability to attract quality business, and enable the country to maintain [...]

THE MILLION DOLLAR HOMEPAGE

Now only on e-Bay
A 21-year old student, Alex Tew, sells advertising pixels for 1 USD per pixel. Reason? To earn some decent money. The result: he is a millionaire now. Time needed? Only five months. How does it look? See for yourself.
There are still around 1,000 pixels available. Clever as he apparently is, these can [...]