PREJUDGMENT ATTACHMENT IN CURACAO

A petition is only marginally examined How easily can one obtain permission to freeze assets? The Curaçao Code of Civil Procedure provides the possibility to seize and freeze assets in anticipation of a court order to pay a certain amount or to return certain goods. This legal remedy is referred to as prejudgment attachment or… Continue reading PREJUDGMENT ATTACHMENT IN CURACAO

DE ADVOCAAT (III)

Een advocaat met lef Voordat wij in 1995 bij het toenmalige Loeff Claeys Verbeke kantoorgenoten werden (hij was daar partner en ik werd daar medewerker), was ik advocaat Allard Voûte al enkele keren in grote zaken tegengekomen. Een tegenstander van formaat. Maar ook een advocaat met sterk ‘eigen-zinnige’ trekken. Zo begonnen schikkingsonderhandelingen een keer met… Continue reading DE ADVOCAAT (III)

DE ADVOCAAT (II)

De advocaat als ambachtsman Deze uitspraken zou je zomaar ergens kunnen horen: “De rechtenstudie is een stoffige studie. Je moet veel boeken lezen en vooral veel uit je hoofd leren. Maar gelukkig is het geen moeilijke studie. Het is zo’n beetje de makkelijkste studie om een academische graad te halen.” Is dit alles nu waar?… Continue reading DE ADVOCAAT (II)

PRESS RELEASE JONES DAY

Johan Kleyn appointed partner at Jones Day The global law firm Jones Day announced earlier today the appointment of Johan Kleyn as a Mergers & Acquisitions partner in the Firm’s Amsterdam Office. Johan (a former colleague of mine) comes to the Firm from Allen & Overy. In addition, the Amsterdam Office of Jones Day welcomed… Continue reading PRESS RELEASE JONES DAY

LAWYERS AND THE INTERNET: BACK IN TIME

A 1996 Tour of some interesting WWW sites for Lawyers In 1996 Delia Venables wrote an internet tour for lawyers (‘Around the World in 80 Minutes‘, Web Review, 1996 (3) The Journal of Information, Law and Technology; click here). She referred to the website of the Daily Telegraph as a good example of how the… Continue reading LAWYERS AND THE INTERNET: BACK IN TIME

DE ADVOCAAT (I)

De advocaat als redenaar Zou je niet af en toe iets over advocaten en hun beroep op je weblog moeten zetten, vroeg laatst iemand aan mij. Een goed en vooral leuk idee! In de Engelstalige bijdragen aan mijn weblog zijn advocaten en hun beroep al ruimhartig aan bod gekomen. Daarom ga ik de komende weken,… Continue reading DE ADVOCAAT (I)

ENQUETEPROCEDURE OVERHEIDSVENNOOTSCHAPPEN CURACAO

Behandeling bij het Gemeenschappelijk Hof van Justitie Op 5 juni 2013 heeft bij het Gemeenschappelijk Hof van Justitie van Aruba, Curaçao en Sint Maarten en van Bonaire, Sint Eustatius en Saba de behandeling plaatsgevonden van het verzoek van het Openbaar Ministerie om een enquête op grond van het Burgerlijk Wetboek van Curacao te gelasten naar… Continue reading ENQUETEPROCEDURE OVERHEIDSVENNOOTSCHAPPEN CURACAO

EUROPE MEETS THE AMERICAS

Aruba Business Conference 2013 From May 5th till May 8th 2013 the trade mission “Europe meets the Americas” was held on Aruba. The conference offered the unique opportunity to connect face-to-face with potential partners from Latin America, the Caribbean region, Europe all present in one place. The three-day program provided valuable information on both the… Continue reading EUROPE MEETS THE AMERICAS

CROSS BORDER CONVERSION AND MERGER (part 10)

Legal entities under supervision So far we have only looked at legal entities not under the supervision of the Central Bank of Curacao and St. Maarten (CBCS). Just a few words about institutions that are under supervision. The following applies to banks with a registered seat in Curacao for instance. These entities have a license… Continue reading CROSS BORDER CONVERSION AND MERGER (part 10)

CROSS BORDER CONVERSION AND MERGER (part 9)

The cross-border merger We now look at the cross-border legal merger. Before 1 January 2012 the possibility already existed in Curacao that in connection with a merger, a foreign legal entity as the disappearing legal entity could merge with a comparable legal form of Book 2 of the Civil Code on the condition that the… Continue reading CROSS BORDER CONVERSION AND MERGER (part 9)

CROSS BORDER CONVERSION AND MERGER (part 8)

Changes in Curacao as of 1 January 2012 The most important amendment in the Curacao provision with regard to the conversion of an NV or BV into a foreign legal entity (outbound) is that the requirement of the personal notice of liability by managing directors and shareholders has been removed as from 1 January 2012… Continue reading CROSS BORDER CONVERSION AND MERGER (part 8)

CROSS BORDER CONVERSION AND MERGER (part 7)

The conversion of or into a foundation If a foreign legal entity wants to be converted into a Curacao foundation (inbound) the Court in Curacao must grant consent (Section 2:303 subsection 2 of the Civil Code). I was unable to find any explanation of this in the Explanatory Memorandums of Book 2 of the Civil… Continue reading CROSS BORDER CONVERSION AND MERGER (part 7)