NEWSLETTER
CURACAO COURT INTERVENES IN POLITICAL APPOINTMENT
- May 12, 2012 3:15 PM
Political appointments unacceptable
The Court of First Instance of Curacao passed judgment on 23 January 2012 in the case of Selikor N.V. versus Drs. Ivar Asjes (JOR 2012, 105). This case is a follow-up to the judgment of the Joint Court of Appeal of the Netherlands Antilles and Aruba of 10 August 2010, JOR 2010, 296.
MINISTER OF JUSTICE ECONOMICAL WITH THE TRUTH
- May 09, 2012 11:26 AM
Minister of Justice of Curacao should step down
The Antilliaans Dagblad today published the letter sent by Minister of Justice, Elmer ‘Kadè’ Wilsoe (PS), to Hillary Rodham Clinton and Eric H. Holder on 25 April 2012. From this letter it follows that Wilsoe tried to interfere with the investigation by the Public Prosecutor (OM) into Robbie Dos Santos, Ponsford Overseas and Tula Finance (the ‘Bientu’ investigation).
Important changes to Curacao corporate law
- May 06, 2012 4:38 PM
Curaçao’s corporate law has been revised as of January 1, 2012. The changes are the first substantive changes to Curaçao’s corporate law since Book 2 of the Civil Code became law on March 1, 2004.
INQUIRY PROCEDURE IN CURACAO
- May 04, 2012 3:54 PM
Important court decision for the local trust practice
On 30 March 2012 the first petition for an inquiry procedure under the new law was dealt with by the Joint Court of Justice of Aruba, Curacao and St. Maarten, and of Bonaire, St. Eustatius and Saba.
Law Firms Quality Rankings 2012
- March 16, 2012 1:05 PM
Every spring legal publishers present their view on the global market for legal services. In their so called “legal directories”, they provide information for potential buyers of legal services, ranking law firms and their individual attorneys according to their credentials and experience.
PARALLEL DEBT IN CURACAO
- March 09, 2012 11:37 AM
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New legislation
It has become market practice in Curacao, and also in the Netherlands, to create a separate (parallel) obligation, owed by the borrower (or guarantor) to the security agent in its own name, on the terms and in an amount equal to the original (principal) obligations owing by the borrower (or guarantor) to the lenders.
CURACAO TRUST LEGISLATION
- March 09, 2012 11:30 AM
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Entered into force on 1 January 2012
On January 1st 2012, new legalization entered into force pursuant to which it is now possible to set up a trust, similar to the trust in Anglo-Saxon common law jurisdictions, in Curacao.
Memorandum Curacaose Trust
- March 01, 2012 10:34 AM
Since 1 January 2012, Curaçao has had a new entity, the Trust. lawyer Sabine Altena of VanEps Kunneman VanDoorne and tax consultant Arthur van Aalst of Baker Tilly Curaçao gave a seminar at various large trust offices on the civil and fiscal aspects of the Curaçao Trust.
1 januari 2012: inwerkingtreding Boek 10 BW, internationaal privaatrecht
- February 14, 2012 5:17 AM
Het internationaal privaatrecht was een slangenkuil van verschillende regelgeving, wetten en verdragen. Met de invoering van het nieuwe Boek 10 van het Burgerlijk Wetboek per 1 januari 2012 is een groot deel van de oude regelgeving in het internationale privaatrecht bijeengebracht tot een samenhangend en systematisch geheel.
Amendments to the Civil Code of Curacao
- February 09, 2012 5:51 AM
On 1 January 2012, thirteen state ordinances have taken effect for Curaçao, with which a second phase in the project to introduce a new Civil Code in Curaçao has been completed.
Tramp owners face ship arrests in third party payment disputes
- February 06, 2012 9:37 AM
Growing numbers of ship arrests globally have revealed a potentially huge problemfor tramp owners.
WILL 2012 BE A BETTER YEAR?
- January 13, 2012 5:10 AM
It depends on us!
What do you and I have in common? That we probably, just like all other people on earth, are descended from a people that lived in Africa in a far past.
Amendments to Curaçao Company Law - Effective 1 January 2012
- January 12, 2012 4:09 AM
Late in 2011 the Curaçao Parliament (Staten) adopted a number of legislative proposals, including a proposal to amend certain provisions of Book 2 of the Curaçao Civil Code containing Curaçao company law.
Inlichtingenverplichting artikel 45 ALL
- January 11, 2012 5:00 AM
Graag wijzen wij u op de volgende regeling die van toepassing is in zowel Curaçao en Sint Maarten als in Caribisch Nederland
Rules Law Society for lawyers on social media
- January 11, 2012 4:31 AM
The British Law Society has published its recommendation for lawyers who are active on Twitter, LinkedIn and Facebook.
Curacao Tax Reform 2011, New Opportunities for the International Sector
- December 05, 2011 12:26 PM
The Curacao tax reform 2011 was recently adopted by the Curacaoan parliament. The Curacao tax reform 2011 has some interesting features for the international financial sector.
"Hoe MOT dat?"
- October 24, 2011 7:41 AM
On 20 October mr Karel Frielink, President of the Curacao Bar Association, held a lecture at the meeting of the AJV (Antillean Lawyers Association) entitled ‘Hoe MOT dat?’
THE ENFORCEMENT OF A JUDGEMENT BY THE COURTS IN CURACAO
- October 06, 2011 10:16 AM
Judgments are immediately enforceable most of the time
According to Article 55, par. 1 of the Curacao Code of Civil Procedure, opposition (in the case of a default judgment) or appeal (in the event of adversarial proceedings) prevent the enforcement (execution) of a judgment unless the decision is ‘enforceable notwithstanding opposition or appeal’ a.k.a. a judgment which is declared ‘immediately enforceable’ (‘uitvoerbaar bij voorraad is verklaard’).
Installation new judges
- September 26, 2011 5:26 AM
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,