PROPOSED REVIEW DUTCH CARIBBEAN LEGISLATION ON CONFLICTING INTEREST

The proposed bill gives shareholders more freedom

Earlier in 2010, a draft bill was proposed to amend the Corporate Code (Book 2 Civil Code) of Curacao, St. Maarten, Bonaire, St. Eustatius and Saba (which formerly constituted the Netherlands Antilles).

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Five per cent Turnover Tax coming

PHILIPSBURG--St. Maarten residents will be faced with an additional two per cent in Turnover Tax (ToT) as of January, as part of government's measures to balance the 2011 budget.

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Cinelandia on monument list?

The lawsuit, that has been running since October 2008 on the question whether the Cinelandia-building should remain on the monument list, was brought before the Court again today.

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OPENING MODERN LAW FIRM BONAIRE

On December 1 2010 the Lieutenant Governor of Bonaire, Glenn Thodé, officially opened the new office building of law firm VanEps Kunneman VanDoorne in Bonaire.

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Dutch banks no longer accept Antillean guilder

THE HAGUE--The Central Bank of Curaçao and St. Maarten is being blamed for the fact that Antillean guilders can no longer be exchanged in the Netherlands.

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Discussion on "Yiu di Korsou" definition

THE HAGUE--The definition of who is a Curaçaolean, a Yiu di Kòrsou, as outlined in the governing accord of Curaçao's Government was the topic of a major discussion during a gathering at the Curaçao House Friday evening.

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Gumbs reinstated, Dindial appointment invalid

Edsel Gumbs, head of Curaçao's Intelligence Agency (formerly VNA of the Netherlands Antilles) must be given access to his office again. The three-month appointment of ex-Lt. Governor Lisa Dindial was declared invalid.

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PROPOSED REVIEW DUTCH CARIBBEAN LEGISLATION ON DIRECTORS" LIABILITY IN BANKRUPTCY

Defects detected in the annual accounts drawn up may be relevant

Earlier in 2010, a draft bill was proposed to amend the Corporate Code (Book 2 Civil Code) of Curacao, St. Maarten, Bonaire, St. Eustatius and Saba (which formerly constituted the Netherlands Antilles).

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Head Intelligence Service demands job back

Head of the current Intelligence Service Curaçao (formerly VNA of the Netherlands Antilles) Ed Gumbs wants to return to his place of work.

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IT TAKES TWO TO TANGO, THE DAY OF THE SUPERVISORY BOARD

On Thursday November 18, 2010 a seminar took place at the Central Bank with the title: It takes two to tango. Building better boards. The Galan Group and VanEps Kunneman VanDoorne organized this seminar.

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PROPOSED REVIEW DUTCH CARIBBEAN CROSS BORDER MERGER LEGISLATION

Proposed bill introduces outbound mergers

Earlier in 2010, a draft bill was proposed to amend the Corporate Code (Book 2 Civil Code) of Curacao, St. Maarten, Bonaire, St. Eustatius and Saba (which formerly constituted the Netherlands Antilles). Hopefully, the Bill comes into force in 2011.

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Fourth Fatum Pension Seminar Aruba

All speakers at the recently held Fatum Pension Seminar on Aruba agreed that Aruba is ahead of other parts of the Dutch Kingdom with the implementation of an obligatory supplementary.pension plan.

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Members Advisory Council sworn in

Governor Frits Goedgedrag has sworn in the new members of the Advisory Council (Raad van Advies) of the Country Curaçao.

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Constitutional Court officially inaugurated

PHILIPSBURG--The Constitutional Court of St. Maarten was inaugurated and its members, substitute members and registrar were installed during a ceremonial session at the Courthouse on Monday morning.

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St. Maarten starts case against Saba, Statia for GEBE shares

PHILIPSBURG--The government of St. Maarten will start arbitration proceedings against St. Eustatius and Saba in order to have the shares of NV GEBE divided.

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Budgets can be adapted, but must remain balanced

THE HAGUE--Curaçao and St. Maarten are free to make as many changes to their budgets as they wish after these have been approved by the Committee for Financial Supervision CFT, as long as they remain balanced, Dutch Minister of Home Affairs and Kingdom Relations Piet Hein Donner says.

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Change of partners at HBN Law

Mr. Robert E. Blaauw, senior partner of Law firm HBN Law has left the partnership a few months ago. Mr. Blaauw will still be asscociated with the firm as a "senior counsel”

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PROPOSED REVIEW DUTCH CARIBBEAN LEGISLATION ON REPRESENTATION

Restrictions in managing authority work through into the representative authority

Earlier in 2010, a draft bill was proposed to amend the Corporate Code (Book 2 Civil Code) of Curacao, St. Maarten, Bonaire, St. Eustatius and Saba (which formerly constituted the Netherlands Antilles).

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PRESENTING FACTS IN DUTCH CARIBBEAN COURT PROCEEDINGS

Facts must be presented fully and truthfully

Legal proceedings are initiated by a petition filed with the Courts. A petition is a document stating, among other things, the names and addresses of the parties, the nature of the dispute (including the relevant facts of the case), the competent court, and the demand for relief.

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KUNT U EVEN EEN BESLAG VOOR ME LEGGEN?

In de afgelopen maanden heb ik veel aandacht besteed aan het maken en vastleggen van afspraken. Deze maand gaan we kijken naar één van de vele mogelijkheden die u heeft als uw wederpartij zijn plichten niet nakomt: beslaglegging.

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