SABBATICAL STARTED 1 OCTOBER 2014
Three months to reflect
My sabbatical started on the 1st of October 2014. I will start a new law firm in Curaçao on the 1st of January 2015. Check my blog for an update in December 2014.
In the meantime, if you want to contact me, please do so via kfrielink@bzselaw.com.
Karel Frielink
(1 October 2014)
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CELEBRATING 25 YEARS AS A LAWYER
It is all about passion and commitment
Today I am celebrating that I was admitted to the Amsterdam Bar on 12 September 1989. I am a graduate of VU University in Amsterdam, 1989. After 8 years of practicing law for two different law firms in Amsterdam (one small, one large firm), I moved to Curaçao in October 1997. Currently, I belong to both the Amsterdam Bar (the Netherlands) and the Dutch Caribbean Bar.
I live in Curaçao (the Dutch Caribbean) with my wife, Carla, and our two daughters, Yvette and Pascale. Most people, including my clients, think that I am …
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MARTIJN WELTEN NEW MANAGING PARTNER SPIGT DUTCH CARIBBEAN
Karel Frielink is leaving firm after 15 years
(Summary in English below)
PERSBERICHT van Spigt Dutch Caribbean van 9 september 2014
Karel Frielink vertrekt bij Spigt Dutch Caribbean, Martijn Welten nieuwe managing partner.
Per 1 oktober 2014 vertrekt Karel Frielink bij Spigt Dutch Caribbean Advocaten en Belastingadviseurs. Martijn Welten zal met ingang van die datum de nieuwe managing partner van het kantoor worden.
Karel Frielink is bijna 15 jaar verbonden geweest aan Spigt Dutch Caribbean. Na een sabbatical van enkele maanden zal hij zich begin 2015 zelfstandig vestigen als advocaat. Zoals hij het zelf zegt: “Nu ik net vijftig ben …
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ARUBA, CURACAO AND ST. MAARTEN AND THEIR CIVIL LAW SYSTEMS
Abstract rules are the starting point
Aruba, Curaçao and St. Maarten are autonomous parts of the Kingdom of the Netherlands. The Kingdom of the Netherlands is composed of four parts: (i) the Kingdom in Europe (popularly known as Holland, north of Belgium and west of Germany) and Bonaire, St. Eustatius and Saba (in the Caribbean Sea, north of Venezuela), (ii) Aruba, (iii) Curaçao and (iv) St. Maarten. Within the Kingdom of the Netherlands, Aruba, Curaçao and St. Maarten (also in the Caribbean Sea, north of Venezuela) are autonomous except for matters of defense and foreign affairs.
Civil law as a …
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I TURNED 50 TODAY!
Most stuff still works
I am happy and still enjoy life. I will keep on working to make Curaçao a better place to live for all human beings irrespective of their color, culture, race, nationality, language, religion, belief, age or sexual orientation.
I will spend my birthday with my wife, daughters and parents… and not on Facebook.
I have asked my family and friends to make a contribution to the “Akademia di Beisbòl Bandabou Tigers” in Curaçao in lieu of a birthday gift. And if you feel like contributing to this cause, please send an email for …
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LITIGATION IN THE DUTCH CARIBBEAN
If you need a troubleshooter in your corner
The civil court system in the Dutch Caribbean (Aruba, Bonaire, Curaçao, St. Maarten, St. Eustatius and Saba) consists of three tiers; first instance cases are brought before the Court of First Instance. Appeal cases are brought before the Joint Court of Appeal. When all normal appeal procedures have been exhausted, cassation cases can be brought before the Court of Cassation or Supreme Court (Hoge Raad) in The Hague in the Netherlands.
All adversarial proceedings in the Dutch Caribbean shall be initiated by means of a petition to the Court of First Instance. …
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GOVERNMENT-OWNED COMPANIES
Opposing views on political influence
Few people would argue that the rules issued by the state (government) must also be correctly and strictly observed by that same state. It cannot be well conceived that, for example, the police and Public Prosecutor’s Office (as instruments of the state) should be allowed to violate the law with impunity.
Though there may be very different opinions about the nature and the role of the state (particularly from a philosophical and jurisprudential viewpoint), here we address the question of how we should consider government-owned companies, and in particular, what level of influence the government …
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THE INCORPORATION OF A CURACAO LIMITED LIABILITY COMPANY
Incorporating an NV or BV is not a hassle
The act on corporate law (Book 2 Curaçao Civil Code) governs the NV (‘public limited liability company’) and BV (‘private limited liability company’). These companies can be used for group finance or holding activities, (international) joint-ventures, funds, structured finance, as a Curaçao Trust and for “plain-vanilla” (local) activities.
A notarial deed is required for the formation of an NV or BV and for any amendment to articles of association (a.k.a. articles of incorporation). Formation can however, be very quick (within one or two days if necessary) and does not require many …
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THE CURACAO TRUST BECOMES MORE AND MORE POPULAR
Curaçao Trust could be used for asset segregation purposes
According to Professor of Law David Hayton, an Anglo-Saxon trust arises from the settlor’s transfer of title to property to another person, intending that person to be a trustee-manager of it for the benefit of beneficiaries or for a charitable or other permitted purpose. Trusts are founded on a transfer of title to property: contracts are not. Professor Hayton:
Such a contractual concept inevitably leads – or rather misleads – civil lawyers to consider that the Anglo-Saxon trust is simply a glorified form of contract between the settlor …
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DUTCH CARIBBEAN BANKS AND REGULATORY ISSUES
A bank has less freedom than an ordinary legal entity
What would be the requirements, from a regulatory point of view, if a Curaçao or St. Maarten bank wished to sell its entire business or a substantial part thereof? Would it require approval from the Central Bank of Curaçao and St. Maarten (‘Centrale Bank van Curaçao en St. Maarten’)?
Generally, if the activity at a bank is characterized as some form of financial reorganization, for example, the prior approval of the Central Bank is required. The bank is also obliged to immediately inform the Central Bank in writing of any …
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LEGAL FEES: CHANGING LANDSCAPE
Alternative billing arrangements
According to Larry Primeaux, the construction of legal fees is undergoing a metamorphosis in reaction to changing economics. Fact is, indeed, that you read everywhere that law firms (lawyers, advocates, attorneys) have to change. The system of “hourly rate billing” in particular has to take the rap. “In this economy, at least for the short term, it appears that law firms will be forced to agree to alternative fee arrangements if clients demand those arrangements.” (2013 ABA Publication).
According to the website AMPulse, “the success of flat rate fees is dependent …
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LAWYERS AND BILLABLE HOURS
What is wrong with this exactly?
You read everywhere that law firms (lawyers, advocates, attorneys) have to change. Lawyers are too conservative. They hold on to the past and are anything but innovative. As the economic climate deteriorates the call for change becomes increasingly stronger.
The system of “hourly rate billing” in particular has to take the rap. Lawyers are reproached for billing hours with a fork, not working efficiently and being too expensive. The system apparently has the wrong incentives, partly because it is difficult to check the actual number of hours spent efficiently.
Anyone who becomes aware of …
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