Interesting opinion of the United States Court of Appeals for the Ninth Circuit Knowledge can be both actual and constructive. The question is under what circumstances actual knowledge, for instance the CEO’s knowledge, can be imputed to the corporation. This question was addressed by the Ninth Circuit in its opinion of 23 October 2015 (securities… Continue reading KNOWLEDGE CEO CAN BE IMPUTED TO CORPORATION
Tag: attorney
CORPORATE GOVERNANCE AND STATE-OWNED ENTERPRISES
Speech Karel Frielink – Conference of the Caribbean Ombudsman Association Ladies and Gentlemen! I have only half an hour, so I won’t travel back in time to the early days of mankind. I just start with Plato (427 – 347 B.C.E.). You may have heard of this philosopher. And of ‘Platonic love ’ of course.… Continue reading CORPORATE GOVERNANCE AND STATE-OWNED ENTERPRISES
THE DIFFICULTY OF ENFORCING JUDGMENTS
Michael Redman on the challenges of enforcing judgments Michael Redman of Burford Capital has written an interesting article on the challenges of enforcing judgments, which was published in the October 2015 issue of Litigation Funding (click here). As far as the Dutch Caribbean (Aruba, Bonaire, Curaçao, St. Maarten, St. Eustatius and Saba) is concerned, the… Continue reading THE DIFFICULTY OF ENFORCING JUDGMENTS
RESTRUCTURING, REFINANCING AND CREDITOR PROTECTION
Diligence is required Especially in these times of global economic and financial turmoil, an international group of companies (or part thereof) might want to consider restructuring and refinancing its operations or may be already in the process of doing so. When considering or carrying out such plans, careful thought must be given to potential (legal)… Continue reading RESTRUCTURING, REFINANCING AND CREDITOR PROTECTION
OPPORTUNITIES TO MEET ME
Amsterdam, The Hague & Vienna I am going to attend the following conferences: Consular Conference – The Hague, 22 September 2015 InterExpo / 20th Trade Mission – Amstel Hotel Amsterdam, 23 – 25 September 2015 International Chamber of Commerce (ICC), FraudNet Conference – Vienna, Austria, 1 – 3 October 2015 IBA (International Bar Association) International Conference… Continue reading OPPORTUNITIES TO MEET ME
NO DERIVATIVE ACTION IN CURACAO
A claim based on tort is possible though Curaçao corporate law does not provide for any derivative suit mechanism (and neither do the laws of Aruba, St. Maarten and the BES-islands). This matter was first decided in the cases of Poot v. ABP, Hoge Raad (Dutch Supreme Court) 2 December 1994, NJ 1995, 288, and… Continue reading NO DERIVATIVE ACTION IN CURACAO
FRAUDNET – THE POWER OF ONE GLOBAL NETWORK
FraudNet in action According to The Irish Times, lawyer Antenor Pereira Madruga Filho (a member of FraudNet) is hired by the Irish Government to represent it in a high-profile case involving a lawyer who fled Ireland in 2007 with debts of €80m. The lawyer was arrested in Brazil almost two years ago and has been… Continue reading FRAUDNET – THE POWER OF ONE GLOBAL NETWORK
DUTIES OF A MANAGING DIRECTOR OF A DUTCH CARIBBEAN NV OR BV
Acting in the best interests of the company Although not explicitly provided for in Book 2 of the Civil Codes of Curacao, St. Maarten and the BES-islands (Bonaire, St. Eustatius and Saba) (“CC”), it is considered a general rule of corporate law that the management board (a.k.a. board of directors) must act in the best… Continue reading DUTIES OF A MANAGING DIRECTOR OF A DUTCH CARIBBEAN NV OR BV
THE CONCEPT OF LIABILITY IN THE DUTCH CARIBBEAN
A three-part distinction With regard to liability a three-part distinction can be made. The first distinction relates to the basis of the liability: liability pursuant to a contractual relationship (the attributable failure in this respect) and liability pursuant to a wrongful act. Another distinction relates to the personal liability (thus for the party’s own actions… Continue reading THE CONCEPT OF LIABILITY IN THE DUTCH CARIBBEAN
WETTEN EN WETGEVINGSPROCES
Tijd voor verbeteringen? Wetten zorgen in onze samenleving voor sturing en ordening. Ze bepalen welke bevoegdheden en verplichtingen we hebben. Ze verschaffen ons vrijheid en stellen tegelijkertijd grenzen daaraan. Wetten zijn er – zogezegd – in alle(rlei) soorten en maten. Al eeuwen wordt er gediscussieerd over wetten, breder: over het recht, en de vraag naar… Continue reading WETTEN EN WETGEVINGSPROCES
CLIËNTEN EN ADVOCATEN OPGELET!
Met wie heeft de cliënt een contractuele relatie? U heeft een probleem van juridische aard. U belt een advocatenkantoor en wordt doorverbonden met advocaat X. Advocaat X is een partner. Hij werkt twee weken aan uw zaak maar gaat dan met vakantie. Advocaat Y, eveneens een partner, neemt de zaak over en blijft die –… Continue reading CLIËNTEN EN ADVOCATEN OPGELET!
DOING BUSINESS IN THE DUTCH CARIBBEAN
Invest Dutch Kingdom “Invest Dutch Kingdom ” is a collaborative effort between the four countries of the Dutch Kingdom with the aim of providing useful information about investment opportunities within the Kingdom. The website offers key insights into the economies of these dynamic countries, making it easier for companies to identify avenues for establishing a… Continue reading DOING BUSINESS IN THE DUTCH CARIBBEAN