FRAUD (part I)

Curaçao

Fraud is an everyday occurrence. It is of all times, and a phenomenon that happens in every country. In discussions about fraud (and corruption) in Curaçao you regularly see that people refer to other countries, in particular to the Netherlands, to downplay this phenomenon here somewhat. The small number of criminal prosecutions and convictions are often mentioned. In this connection it is often said that they are of ‘a political nature’. Sometimes it is even alleged that someone’s integrity can only be discussed when there is a criminal conviction. We can delude ourselves a lot!

In the event of …
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08
Sep 2015
CATEGORY

Legal

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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 Constance et al. v. Noro et al., Gemeenschappelijk Hof van Justitie van de Nederlandse Antillen en Aruba (Joint Court of Appeal of the Netherlands Antilles and Aruba) 13 December 1994, SJD 1994, 498.

However, a shareholder suffering derivative damage may commence proceedings against, for instance, …
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02
Sep 2015
CATEGORY

Corporate

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CURACAO NORTH SEA JAZZ FESTIVAL 2015

CNSJ – The marquee musical event of the Caribbean 

 

Excellence, in both law and music,

is the art of playing with the Rules

 

CNSJ-BZSE-2015-Klein 

Let’s crack some ‘nuts’ now!

BZSE Attorneys at Law / Tax Lawyers / Mediation – Dutch Caribbean

(27 August 2015)

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27
Aug 2015
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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 interests of the company (an NV or BV) in the performance of its duties, even when acting on instructions from others (e.g. shareholders). This includes the interests of the shareholders, the employees and, according to most legal writers, the creditors of the company.

The management …
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10
Aug 2015
CATEGORY

Corporate

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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 or omissions) and vicarious and/or strict liability: liability for or the acts and omissions of others (vicarious liability) or liability for certain things that happen (strict liability).

For example, employers can be held vicariously liable for certain actions of their employees. According to the Civil …
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03
Aug 2015
CATEGORY

Legal

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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 het gezag daarvan. Waarom moeten we ons aan wetten houden? Waarop zijn wetten (en de daarin vastgelegde normen) gebaseerd? Ik verwijs naar een interessante studie van Shirley Robin Letwin, On the History of the Idea of Law (Cambridge University Press; reprinted 2007). En voor wie …
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02
Jul 2015
CATEGORY

Legal

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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 – met uw instemming – behandelen ook nadat advocaat X van vakantie is teruggekeerd.

Na een tijdje blijkt dat advocaat Y een beroepsfout heeft gemaakt, waardoor u schade heeft geleden. Die schade wilt u uiteraard vergoed zien. Maar wie moet u voor de schade aansprakelijk stellen? Het …
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25
Jun 2015
CATEGORY

Legal

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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 new business, branching out to the Dutch Kingdom or actively trading within or via the countries. For more information click on:

Aruba

Bonaire

Curaçao

St. Maarten

And if you need any legal advice regarding the …
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17
Jun 2015
CATEGORY

Various

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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 tropische parasol. Uiteraard heeft u uw palapa’s stevig in de grond verankerd.*

Palapa-ArubaU ziet dat er allerlei strandgasten die niet deelnemen aan uw activiteiten, gebruik maken van het strand, maar vooral de schaduw van …
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05
Jun 2015
CATEGORY

Legal

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CELEBRATING 10 YEARS OF SHARING KNOWLEDGE

June 1st, 2015 marks the 10th anniversary of Karel’s Legal Blog

Op 1 juni 2015 bestaat Karel’s Legal Blog 10 jaar

Dia 1 di yüni 2015 Karel’s Legal Blog ta kumpli 10 aña

 

Cartoon-Mike-Flanagan-26may15 (2) 

Celebrating 10 years of sharing knowledge

This is an important milestone for me. Back in May 2005 I only had a rough idea about blogging and what it would take to create a successful legal blog a.k.a. blawg.

Now, …
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01
Jun 2015
CATEGORY

Various

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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, dedication and impartiality leave a lasting legacy. Thank you Alba!

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. …
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26
May 2015
CATEGORY

Corporate

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LIABILITY OF THE SILENT PARTNER

The Supreme Court can give its opinion

I will first describe Dutch law in this respect. A limited partnership (commanditaire vennootschap: ‘CV’) is a contractual, legal relationship between two or more persons or legal entities to carry on a business under a joint name, whereby the aim is to gain proprietary benefits on the basis of their contributions. The CV (with multiple managing partners) is therefore a special form of the general partnership (vennootschap onder firma: ‘VOF’). This special status consists of the business operations also being carried on at the expense of one or more silent partners (limited partners), …
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24
Apr 2015
CATEGORY

Corporate

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