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… Continue reading THE SELLING OF SHARES BY A CURACAO COMPANY
Tag: jaap maris
CHAMBERS GLOBAL 2016 LEGAL RANKINGS RELEASED
Karel Frielink ranked Band 1 again Once again I have been selected as a ranked lawyer in Chambers Global 2016 identifying me as one of the best lawyers in the Dutch Caribbean (click here). The Chambers Guides have been ranking the best law firms and lawyers since 1990, and now cover 185 jurisdictions throughout the… Continue reading CHAMBERS GLOBAL 2016 LEGAL RANKINGS RELEASED
THE DUTY OF CARE OF BANKS
Banks are under the obligation to exercise due care In the Dutch Caribbean, no separately defined body of law exists with regard to the relationship between a (commercial) bank and its customer. The standard general terms and conditions applied by banks in the Dutch Caribbean have an important function in the legal relationship between banks and their… Continue reading THE DUTY OF CARE OF BANKS
ATTACHMENTS UNDER THE LAWS OF CURACAO (part II)
Defendant has to show that the claim is invalid Article 705, Paragraph 2 of the Curaçao Code of Civil Procedure states that the lifting of an attachment may be ordered if it appears summarily that the claim is invalid. According to existing case law of the Dutch Supreme Court (see for instance Supreme Court dd… Continue reading ATTACHMENTS UNDER THE LAWS OF CURACAO (part II)
ATTACHMENTS UNDER THE LAWS OF CURACAO (part I)
Freezing assets is rather easy Under Curaçao law any party with a prima facie claim may file a petition for a court order granting an attachment, which petitions are generally granted, solely based on the allegations in the petition. It is not required, under Curaçao law, that the litigant needs to demonstrate that, in absence… Continue reading ATTACHMENTS UNDER THE LAWS OF CURACAO (part I)
PRE-TRIAL MOTIONS IN CURACAO
Differences with the United States Curaçao civil proceedings differ substantially from those in the United States. In Curaçao there are, for instance, no juries. In principle, legal proceedings are basically conducted in writing. Oral pleadings are customary in preliminary relief proceedings, but optional in proceedings on the merits. Discovery proceedings like those in the United… Continue reading PRE-TRIAL MOTIONS IN CURACAO
BZSE ADVOCATEN CURACAO
Ondernemingsrecht en financieel recht BZSE Advocaten en Belastingadviseurs heeft vestigingen in St. Maarten en Curaçao. Het werkterrein van het kantoor omvat echter ook Aruba, Bonaire, St. Eustatius en Saba. In het kantoor te St. Maarten werken vijf partners en in het kantoor Curaçao twee. De Curaçaose partners zijn Karel Frielink en Jaap Maris. Karel is… Continue reading BZSE ADVOCATEN CURACAO
OPGESTAAN IS PLAATS VERGAAN
De nagetrokken en verlaten palapa U heeft in Aruba een watersportbedrijf met een vergunning en voor het uitoefenen van uw activiteiten heeft u een standplaats toegewezen gekregen op het strand bij een hotel. U plaatst een paar palapa’s op het strand: u weet wel, zo’n doorgaans houten paal met een bladerdak tegen de zon. Een… Continue reading OPGESTAAN IS PLAATS VERGAAN
STATE-OWNED ENTERPRISES AND GOOD CORPORATE GOVERNANCE
Speech by Karel Frielink at the 8th Biennial Conference of the Caribbean Ombudsman Association Ladies and Gentlemen! First of all, I would like to thank the Curaçao Ombudsman, Alba Martijn, for inviting me to speak at this conference. Unfortunately, she will leave office in about a month. She did an excellent job, and her professionalism,… Continue reading STATE-OWNED ENTERPRISES AND GOOD CORPORATE GOVERNANCE
LAWYERS AND CONFLICT OF INTEREST
A lawyer must be independent A lawyer (attorney at law) is expected to be independent. This independence involves an attitude: this is the lawyer’s disposition toward his client but also toward the court and in actual fact toward any other party involved. He ought to represent the interests of his client and not be led… Continue reading LAWYERS AND CONFLICT OF INTEREST
SUPREME COURT U-TURN
The bankruptcy of a general partnership (‘VOF’) does not automatically mean the bankruptcy of its partners For many decades the rule had to be adhered to that the bankruptcy of a general partnership (vennootschap onder firma: ‘VOF’) also meant the bankruptcy of the individual partners (Supreme Court 14 April 1927, NJ 1927, page 725). However,… Continue reading SUPREME COURT U-TURN
AANSPRAKELIJKHEID TRUSTBESTUURDER
Geen verlicht aansprakelijkheidsregime De Landsverordening toezicht trustwezen zegt niets over de aansprakelijkheid van trustkantoren of vertegenwoordigers daarvan die als statutair bestuurder van een rechtspersoon (bijvoorbeeld een NV, BV of stichting) optreden. De vraag is of deze aansprakelijkheid door de gebruikelijke regels op dit vlak wordt beheerst. Omdat het trustkantoor als bestuurder van een rechtspersoon doorgaans… Continue reading AANSPRAKELIJKHEID TRUSTBESTUURDER