SUPERVISORY DIRECTORS ARE A TYPE OF BAYWATCHERS

When you dress a lizard in a suit you will have trouble with his tail! A seminar on Financial Institutions and their Supervisor was held in Aruba on Wednesday April 20, 2016. The seminar was organized by the Aruba Bankers’ Association & Insurance Association of Aruba. I was one of the keynote speakers and delivered… Continue reading SUPERVISORY DIRECTORS ARE A TYPE OF BAYWATCHERS

AMSTERDAM COURT OF APPEAL ON LIABILITY OF TRUST DIRECTORS

Trust directors not treated differently from regular directors The board of directors of an NV or BV may contractually agree to a limitation of its powers to manage the company. Such arrangements are typical for trust offices engaged by a foreign ultimate beneficiary to render services to ‘his’ company, i.e. the client of a trust… Continue reading AMSTERDAM COURT OF APPEAL ON LIABILITY OF TRUST DIRECTORS

LECTURE ON GOOD CORPORATE GOVERNANCE

BZSE law office on Sint Maarten celebrates merger On October 2, 2009 BZSE law firm (BergmanZwanikkenSnowEssed) celebrated the merger of Bergman and ZwanikkenSnowEssed law offices and the official opening of their new offices in Belair (St. Maarten) with a lecture on good corporate governance. I was the keynote speaker and delivered my presentation in the… Continue reading LECTURE ON GOOD CORPORATE GOVERNANCE

CONVERSION OF A DUTCH CARIBBEAN LIMITED LIABILITY COMPANY

An NV may be converted into a BV and vice versa The Netherlands Antilles Civil Code provides for an NV to be converted into a BV and vice versa. Conversion does not terminate the existence of the legal entity. Conversion requires a resolution. A resolution to convert and to amend the articles has to be… Continue reading CONVERSION OF A DUTCH CARIBBEAN LIMITED LIABILITY COMPANY