Installation new judges

Today Mr. Karel Frielink, president of the Bar Association, held a speech on the occasion of the installation of four new judges at the Joint Court of Justice of Aruba, Curaçao, Sint Maarten and Bonaire, St. Eustatius and Saba,

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Sprookje of fraude?

‘Fairy Tail’ of fraude?!

mr Mirto F. Murray

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Vliegtuigrecht?!

Mijmeringen over geboorten en overlijden aan boord van een vliegtuig

mr Mirto F. Murray

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Subtenancy

 

Subtenancy: is that allowed?

By mr. Susanne Klarenbeek (SMS Attorneys at Law)

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E-mail

Reflections onthe legal status of e-mail messages

By mr Mirto F. Murray

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Lecture at the International Convention of the Ombudsman

On 15 June 2011, George Driessen, lawyer at VanEps Kunneman VanDoorne, gave a lecture at the International Convention of the Ombudsman, held in Curaçao.

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"Mijn N.V. krijgt teveel schulden, kan ik de vennootschap opheffen?"

Een ondernemer benaderde mij met de navolgende vraag:
“Al jaren heb ik een handelsbedrijf, een N.V.. Ik ben directeur en enig aandeelhouder van deze N.V.

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SUMMARY PROCEEDINGS IN ARUBA, BONAIRE, CURACAO AND SAINT MAARTEN

Preliminary relief within several weeks, sometimes within days or hours

In all matters for which an immediate injunction, measure, or decision is required, the parties may address themselves to the Courts. If the matter does not require immediate resolution, the Court will deny the relief sought and refer the parties to the normal procedure.

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SECURITIZATION IN CURACAO

Curacaoan special purpose vehicles are commonly used in cross–border financing transactions

Curacaoan special purpose vehicles (SPVs) are commonly used in both cross–border financing transactions as well as in Curacao domestic financing transactions.

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THE ANNUAL ACCOUNTS OF A LARGE CURACAO COMPANY

Stricter rules for large companies

Under Curacao law the annual accounts of limited liability companies which do not qualify as so called large companies, need to be prepared in accordance with generally accepted standards and shall provide sufficient insight as to enable a sound judgment to be formed regarding the assets and the results and, to the extent the nature of the annual accounts so permit, regarding the solvency and liquidity of the company (article 2:116 (4) Curacao Civil Code).This is comparable to the principles of good business practice (goed koopmansgebruik).

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Consequences of the dismantlement of the Netherlands Antilles for trademark registration and protect

As you may be aware, on 10 October 2010, the Netherlands Antilles, comprising the islands of Curaçao, Sint Maarten, Bonaire, Saba and Sint Eustatius (the “Islands”), has formally ceased to exist. These reforms have a major impact on local legislation, which will also affect current and future trademark holders.

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Inkeren of negeren?

In het eerder aangekondigde Belastingplan 2011 is een zeer ruime nieuwe inkeerregeling opgenomen. Het Belastingplan 2011 is inmiddels aangepast en bevat zelfs een verdere verruiming! De navorderingstermijn voor het opleggen van de aanslagen zal slechts 5 jaar bedragen, dit terwijl de reguliere navorderingstermijn 15 jaar kan bedragen.

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STATE-OWNED ENTERPRISES LACK OF INDEPENDENT SUPERVISION

Independent supervision should be mandatory for government-owned entities

It has been my opinion for many years already that government-owned companies should be kept out of the political sphere as much as possible, so that they may benefit from a commercial, businesslike and market-oriented management. In doing so they also run less of a risk of being milked or used as political toys.

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Problemen bij tenuitvoerlegging van een arbitraal vonnis in het buitenland

Op dit moment zijn er in de wereld verschillende “brandhaarden” die de internationale handel schade berokkenen.

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Top 10 Law Firms Sint Maarten 2011

After the Top 25 Law Firms Curacao 2011, the Top10 Law Firms Bonaire 2011 and the Top 10 Law Firms Aruba 2011 Curacao Legal Portal has now also published the Top 10 Law Firms for Sint Maarten.

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TRUST SERVICE PROVIDERS IN CURACAO

TSPs are supervised by the Central Bank

Many international group structures include one or more Curacao legal entities or partnerships. The main reasons for this are the internationally competitive conditions for business development in the area of corporate law and the tax system in Curacao, as well as the well-developed professional financial services industry.

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Samenwerking in een BV of NV beëindigen: enkele complicaties

In het vorige artikel is besproken hoe u een samenwerkingsverband in een BV of NV kunt beëindigen indien zowel u als uw partner dit willen.

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BANKING REGULATIONS IN THE DUTCH CARIBBEAN

Soliciting funds requires a license

The Netherlands Antilles was dissolved on October 10, 2010. Prior to that date the Netherlands Antilles consisted of Curacao, St. Maarten, Bonaire, St. Eustatius, and Saba, and formed, together with the Netherlands and Aruba, the Kingdom of the Netherlands.

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PLC Recommendations for the Dutch Caribbean (Curacao)

Independant publisher Practical Law Company has published the PLC/Which Lawyer list for (the islands formerly known as) the Netherlands Antilles in which, based upon independent research, law firms and individual lawyers are listed.

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WHO DETERMINES THE POLICY OF A DUTCH CARIBBEAN COMPANY?

The management board is in charge

The shareholders have the authority to determine the general policy of a Dutch Caribbean NV or BV.

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