PROXY VOTING AND APPLICABLE LAW
Curacao law follows the incorporation theory
Proxy voting allows shareholders to vote when they cannot attend (or do not wat to attend) a shareholder meeting. What law applies to such a proxy to vote?
The 1978 Convention on the Law applicable to Agency (Verdrag betreffende het toepasselijke recht op vertegenwoordiging 1978) does not apply to Curacao. The question of the law applicable to a power of attorney with respect to the voting rights on shares must be answered on the basis of Curacao’s private international law on legal entities.
Curacao law follows the incorporation theory (incorporatieleer), which means that a …
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