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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 …
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26
Jul 2016
CATEGORY

Legal

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DUTCH CARIBBEAN COURT DECISION IN TELECOM CASE

Scarlet about to enter telecom market in Sint Maarten

On 18 November 2008, the Administrative Court in Sint Maarten ruled that the Executive Council of Sint Maarten was not authorized to refuse Scarlet a business license for the provision and operation of international telecommunications services in Sint Maarten (click here for the judgment).

Scarlet, represented by Dr. Douwe Boersema of the law firm Spigthoff in Curaçao, appealed through the courts against the decision of the authorities in Sint Maarten to deny it such a license based on a moratorium on new telecom companies. The moratorium …
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26
Nov 2008
CATEGORY

Legal

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PRE-EMPTION RIGHTS IN THE DUTCH CARIBBEAN

Prevent a shareholder from dilution

According to article 2:106 of the Netherlands Antilles Civil Code shareholders have a pre-emption right on the issue of new shares, being the right to be offered any new issue in each class, pro rata to the number of shares of such class held by them. The pre-emption right is intended to protect the interests of shareholders and to prevent their stake from being diluted.

According to the Civil Code there are three ways to limit the pre-emption rights of the shareholders:

  • A limitation may provided for in the articles of the company (art. 2:106(1) …
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  • 09
    Aug 2008
    CATEGORY

    Corporate

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