Karel's Legal Blog

A license is required
According to Section 4 of the Aruba State Ordinance on the Supervision of the Credit System 1998 (SOSC), no enterprise or institution established in Aruba shall pursue the business of a credit institution unless it has obtained authorization to that end from the Central Bank. No enterprise or institution established outside Aruba [...]

Filed under: Securities by Karel.Frielink
No Comments »

Papiamentu proverbs with English translation
This book is a tribute to the colourful Papiamentu language. A language spoken by only 260.000 people on three islands of the former Dutch Antilles; Bonaire, Curacao and Aruba. Although this language is only spoken in a small region, this collection of proverbs shows how by use of creativity, humour and [...]

Filed under: Uncategorized by Karel.Frielink
No Comments »

The Curacao Civil Code provides for a simplified merger procedure
The acquisition of a business enterprise may take place through the purchase of shares (take-over), the purchase of assets and liabilities or a legal / statutory merger. The Curacao Legal Code on corporate and other legal persons contains detailed provisions for mergers of companies limited by [...]

Filed under: Corporate by Karel.Frielink
No Comments »

The Basic Principles are considered to be a “soft-law” instrument
The Basic Priciples on the role of lawyers were adopted by the Eighth United Nations Congress on the Prevention of Crime and the Treatment of Offenders, Havana, Cuba, 27 August to 7 September 1990.
According to the preambule professional associations of lawyers have a vital role to [...]

Filed under: legal by Karel.Frielink
No Comments »

The right form for small businesses
Until March 1, 2004 only manager managed companies were known. According to the current Curacao Civil Code, the articles of a company may provide that such company be a member managed company, which is a company without a board of directors. The shareholders (members) are then in charge of the [...]

Filed under: Corporate by Karel.Frielink
No Comments »

Karel’s Legal Blog Nominated
Each year, LexisNexis honors a select group of blogs that set the online standard for a given industry. Karel’s Legal Blog  is one of the nominated candidates for the Top 25 International & Foreign Law Blogs of 2011, featured on the LexisNexis International & Foreign Law Community.
Karel Frielink
(1 November 2011)

.

Filed under: legal by Karel.Frielink
No Comments »