NIEUW BOEK STAATSRECHT ARUBA, CURACAO EN SINT MAARTEN

Bundel adviezen tussentijdse ontbinding Staten van Aruba, Curaçao en St. Maarten

Foto-omslag-staand-02MEI17.

In dit door prof.mr Lodewijk Rogier en mr Karel Frielink verzorgde boek zijn de belangrijkste adviezen gebundeld die de afgelopen jaren zijn gegeven over de staatsrechtelijke crises in Aruba, Curaçao en Sint Maarten. De uitgave is uniek in zijn soort en sluit aan op de staatsrechtelijke ontwikkelingen in de drie landen.

In Aruba, Curaçao en Sint Maarten, die binnen het Koninkrijk …
Read the rest »

26
May 2017
CATEGORY

Legal

COMMENTS No Comments

HAPPY NEW YEAR

Felis aña nobo 2017 / Gelukkig Nieuwjaar / Fröhliches neues Jahr / ¡Feliz Año Nuevo!

. bzse-holidaywishes-2017

 

.

.

01
Jan 2017
CATEGORY

Various

COMMENTS No Comments

VEREENZELVIGING IN HET RECHTSPERSONENRECHT

Alleen in zeer uitzonderlijke situaties

Bij misbruik van rechtspersoonlijkheid kan door de rechtspersoon worden heengekeken. Misbruik van identiteitsverschil tussen twee rechtspersonen is in de regel aan te merken als een onrechtmatige daad. Voor de toewijzing van een op dit leerstuk gebaseerde vordering moet dan ook aan alle elementen van een onrechtmatige daad zijn voldaan. Bij vereenzelviging worden twee of meer rechtspersonen als één rechtseenheid aangemerkt, in die zin, dat zij in gelijke mate (hoofdelijk) zijn verbonden voor dezelfde handelingen en verbintenissen. Overigens is, zoals hierna zal blijken, ook denkbaar dat een natuurlijke persoon met een rechtspersoon wordt vereenzelvigd. Zie verder mijn …
Read the rest »

21
Oct 2016
CATEGORY

Corporate

COMMENTS No Comments

THE SELLING OF SHARES BY A CURACAO COMPANY

Answers to foreign counsel queries

A Curaçao company (NV or BV) may have assets, both local and foreign. Not seldom such a company wants to sell all or a portion of its assets. If foreign assets or a foreign buyer is involved, foreign counsel always asks questions about the laws of Curaçao. Several of those questions will be dealt with here. Let’s assume that a Curaçao company wants to sell its shares in a Dutch BV.

The Curaçao NV or BV may sell some or all of its shares in the Dutch BV. It is customary that board minutes or …
Read the rest »

05
Aug 2016
CATEGORY

Corporate

COMMENTS No Comments

HIRE A LAWYER AND GET ONE FOR FREE?

Law firms differ from shoe selling businesses

There is no one-size-fits-all when it comes to shoes. There is also no one-size-fits-all lawyer as a solution for all your legal matters. In many cases and for many clients, the size of a law firm is not of much importance. What is important may differ from client to client, however the following more or less general concepts will undoubtedly play a role: the attitude of the professional, the quality of the services provided, timely response, personal attention, the ability to stand in the client’s shoes, creativity and pricing. The job of a …
Read the rest »

26
Jul 2016
CATEGORY

Legal

COMMENTS No Comments

THE ENFORCEMENT OF A JUDGEMENT BY THE COURTS IN ST. MAARTEN

Judgments are immediately enforceable most of the time

According to Article 55, par. 1 of the St. Maarten Code of Civil Procedure, opposition (in the case of a default judgment) or appeal (in the event of adversarial proceedings) prevent the enforcement (execution) of a judgment unless the decision is ‘enforceable notwithstanding opposition or appeal’ a.k.a. a judgment which is declared ‘immediately enforceable’ (uitvoerbaar bij voorraad is verklaard).

The submission of an appeal results, therefore, in a stay of execution, unless the first-instance court, on a motion by one of the parties, has declared its judgment enforceable even if it is …
Read the rest »

16
Jul 2016
CATEGORY

Legal

COMMENTS No Comments

APPELLATE PROCEEDINGS IN CURACAO

Full review of the case

Appellate proceedings in Curaçao provide for a full review of the appealed decision: the grounds on which the Joint Court of Appeal can reverse the original judgment are not, as in certain other jurisdictions, limited to procedural matters. It is furthermore permissible to introduce new documentary evidence in the course of appellate proceedings. If the appealed judgment contains a final decision as regards the dispute the Joint Court of Appeal will either confirm the judgment or it will itself render a replacing decision: the case will not be referred back to the Court of First …
Read the rest »

08
Jul 2016
CATEGORY

Legal

COMMENTS No Comments

FOREIGN COMPANIES IN CURACAO BANKRUPTCY PROCEEDINGS

Principle of universality

In Curaçao, bankruptcy in general serves the purpose of liquidating assets of a particular person or legal entity and distributing the proceeds among the combined creditors. Under Curaçao insolvency law, the Curaçao courts have jurisdiction in respect of insolvency proceedings against legal entities that have their corporate seat in Curaçao and against any legal entity that carries on business or professional activities through an office in Curaçao. A foreign party can therefore be declared insolvent in Curaçao if it has a branch office in this jurisdiction. Whether or not a concurrent insolvency proceeding against that foreign party …
Read the rest »

16
Jun 2016
CATEGORY

Legal

COMMENTS No Comments

BRIBERY

A criminal act

With regard to anti-corruption the Criminal Codes of Aruba, Curaçao, St. Maarten and the BES-islands include criminal acts such as fraud, bribery and abuse of authorities. The bribery offence closely resembles the bribery provisions under the Dutch Criminal Code. The Codes also stipulate regulations on criminal acts committed by judges, ministers, members of Parliament and civil servants. Amendments were introduced to the Criminal Code specifically to implement the Anti-Bribery Convention. The bribery offences in the Criminal Codes mirror very closely those in the Dutch Criminal Code.

The relevant anti-bribery provisions are integrated in the Dutch Caribbean Criminal …
Read the rest »

25
Feb 2016
CATEGORY

Legal

COMMENTS No Comments

TRADE-BASED MONEY LAUNDERING

More Trade Transparency Units Needed

Smuggling and trade fraud are on the rise, according to Viêt Nam News (27 October 2015). The Telegraph reports that the authorities in China have arrested 21 people on suspicion of defrauding almost one million Chinese investors of 50bn yuan (£5.3 billion) after an online peer-to-peer lender turned out to be a giant Ponzi scheme (1 February 2016). Money laundering and fraud seem to be on the increase. Trade-Based Money Laundering (TBML) is one of the big threats facing us today.

According to Premium Times (21 December 2015; Read the rest »

02
Feb 2016
CATEGORY

Legal

COMMENTS No Comments

DISCHARGING THE MANAGEMENT BOARD

Only for matters evident from the accounts

The shareholders of a Dutch Caribbean limited liability company (NV or BV) may provide a discharge (décharge) to members of the management board for matters evident from the annual accounts, or matters otherwise made known to the general shareholders meeting. This is a standard item on the agenda for shareholders meetings at which a company’s annual accounts are adopted.

The aim of this discharge is that the company generally has no longer a legal cause of action against a management board member.

The effect of a discharge is limited. A discharge does not …
Read the rest »

18
Jan 2016
CATEGORY

Corporate

COMMENTS No Comments

INTERNATIONAL ARBITRATION IN THE DUTCH CARIBBEAN

The UNCITRAL Model Law is applicable

Parties with a legal dispute can turn to the public court system to settle the dispute; however, instead of bringing a lawsuit in a public court, they can also opt for arbitration. Arbitration is a form of private dispute settlement in which the parties instruct one or more persons (arbitrators) to render a binding decision on their dispute. The arbitrators may be jurists, but they can also be laypersons. People with specific expertise or experience in a certain branch or industry are often chosen as arbitrator.

Parties can include a so-called arbitration clause in …
Read the rest »

06
Jan 2016
CATEGORY

Legal

COMMENTS No Comments