TRANSACTIONAL POWER OF THE MANAGING BOARD OF A DUTCH CARIBBEAN CORPORATION (II)

Only corporations may plead absence of representative authority
Under the Netherlands Antilles Corporate Code, i.e. Book 2 of the Civil Code, transactions with third parties that violate either the law or any limitations on the transactional powers of the board of directors of a corporation, are not enforceable against the corporation if the limitations are properly [...]

TRANSACTIONAL POWER OF THE MANAGING BOARD OF A DUTCH CARIBBEAN CORPORATION (I)

Limitations must be disclosed to have effect
Netherlands Antilles law provides that, subject to restrictions laid down by the Netherlands Antilles Corporate Code or a corporation’s articles of association, the board of directors of a corporation shall be competent to represent the corporation, e.g. a limited liability company (‘naamloze of besloten vennootschap’; NV or BV). In [...]

STATUTORY LIMITATIONS FOR FILING A CLAIM UNDER ARUBAN LAW

Five year period
With respect to the limitations under Aruban law for filing a claim, the pertinent legal provisions governing limitations are set out in Book 3, Title 11 (Rights of Action) of the Aruban Civil Code.
According to Article 310 the right of action for compensation for damage is prescribed up to the end of a [...]

SPOTLIGHT ON CURACAO

Curacao economic country survey inserted in the New York Post
In May 2009, United International Press (UIP) issued a special bulletin on Curacao, the Netherlands Antilles, in an insert in the New York Post. UIP has also placed the bulletin on its website. Curacao is described as a Caribbean Hub with Investment Appeal. Amongst various government institutions [...]

WHAT DAMAGES ARE RECOVERABLE UNDER ARUBAN LAW? (II)

Case law
The Supreme Court in its case law has held that relatives of a deceased person are only entitled to sue for damages against the person liable for his or her death, if and to the extent that their death has left them in need. The extent of need is measured by the standard of [...]

WHAT DAMAGES ARE RECOVERABLE UNDER ARUBAN LAW? (I)

Nature and extent determined by the Civil Code
When considering the nature and extent of damages that are recoverable under Aruban law, the point of departure is Book 6, Title 1 (Obligations in General), Section 10 (Legal Obligations to Make Reparation of Damage), Article 95 of the Aruban Civil Code which states: ‘the damage which must [...]

CURACAO CHAMBER OF COMMERCE ON REFERENDUM

Kámara di Komèrsio Kòrsou:
Un voto ‘NO’ ta funesto pa klima ekonómiko.
Un voto ‘NO’ ta funesto pa pueblo di Kòrsou.
Karel Frielink:
Bo ta kere ku futuro ta mas importante ku pasado? SI
Bo ta kere mester solushoná nos debenan? SI
Bo ta kere ku e pakete ta un base pa drecha ekonomia i redusí pobresa? SI
Bo ta kere ku [...]

NETHERLANDS CARIBBEAN BANK N.V.

Notice from the Liquidator
Notice is hereby given that, pursuant to Section 31, paragraph 2, of the Netherlands Antilles Civil Code, both the liquidator’s report on how the winding-up of Netherlands Caribbean Bank N.V. (in liquidation) has been executed, and the distribution plan for the surplus have been lodged for perusal at the office of the [...]

AWEL SI

Pueblo ta papia palabra kla
Mi ta vota “SI” !
Bo ta kere den Kòrsou? SI
Bo ta kere ku Kòrsou tin chèns ainda di mehorá? SI
Bo ta kere ku nos mester biba na pas i den harmonia ku otro? SI
Bo ta kere ku futuro ta mas importante ku pasado? SI
Bo ke e mihó pa bo yunan? SI
Bo [...]