Results for Netherlands
- Air France-KLM Seeks Makeover After Brush With Bankruptcy
Air France-KLM Group, Europe’s largest airline, is getting a makeover ranging from high-end seats to bigger entertainment screens as Chief Executive Officer Alexandre de Juniac attempts a turnaround from near bankruptcy, Bloomberg News reported. De Junia ...
Daily Headline - global.abi.org - 03/04/2014 - 23:05 - 0 comments
- ING Bank Reports Profit Plunge Amid Deep Restructuring
Leading Dutch bank ING reported on Wednesday a 22.3-percent slump in net profit for 2013, blamed special factors and said it would pursue its deep restructuring programme this year, The West Australian reported on an Agence France-Presse story. Amste ...
Daily Headline - global.abi.org - 02/12/2014 - 23:31 - 0 comments
- Icesave Dispute Resurrected In Court
British and Dutch authorities have reignited the controversial dispute over the collapse of online lender Icesave at the height of the financial crisis in 2008 by filing a lawsuit for up to IKr1,000bn (£5.6bn) against Iceland’s bank guarantee fund, the ...
Daily Headline - global.abi.org - 02/10/2014 - 23:33 - 0 comments
- Dutch Aluminium Smelter Aldel Applies For Bankruptcy
Dutch smelter Aluminium Delfzijl (Aldel) has applied for bankruptcy after failing to negotiate an energy deal, the company said on its website, the latest victim in a market plagued by oversupply and falling prices, Reuters reported. Aldel, bought by glo ...
Daily Headline - global.abi.org - 01/08/2014 - 09:49 - 0 comments
- Proposed amendment of Dutch Intervention Act ends netting and close-out concerns
In the financial markets concerns have arisen regarding the enforceability of netting and close-out rights and security rights in the context of the Intervention Act. On 16 December 2013 the Dutch Minister of Finance sent a letter to the Dutch Bankers As ...
Resource Article - abi_admin - 12/24/2013 - 12:47 - 0 comments - 1 attachment
- Financial Markets Amendment Decree 2014 – Inducement ban for investment firms
On 17 December 2013 the Financial Markets Amendment Decree 2014 (the "Amendment Decree 2014"), containing amendments to a number of existing decrees, was finally published. Among other things, the Amendment Decree 2014 imposes the long-announce ...
Resource Article - abi_admin - 12/24/2013 - 13:05 - 0 comments - 1 attachment
- Final versions Financial Markets Amendment Act and Amendment Decree 2014 published
At the very end of 2013, on 17 December, the final version of the Financial Markets Amendment Decree 2014 (the “Amendment Decree 2014”) has been published. The final Financial Markets Amendment Act 2014 (the “Amendment Act 2014”) was published only sligh ...
Resource Article - abi_admin - 12/24/2013 - 13:08 - 0 comments - 1 attachment
- Autumn 2013: GlobalINSOLvency Editorial Board
In the Middle Ages, when bankruptcy was in its infancy, options for debtors were limited. Attachment Size reimagining_rescue_whither_insolvency_law.pdf 113.12 KB (Europe, France, Germany, Netherlands, R ...
Resource Article - abi_admin - 12/16/2013 - 12:01 - 0 comments - 1 attachment
- Draft Act on the Remuneration Policy of Financial Undertakings
Op 26 november 2013 is de consultatieversie van de Wet beloningsbeleid financiële ondernemingen (het "Wetsvoorstel") gepubliceerd. Hierin wordt onder andere een 20% cap voor variabele beloningen geïntroduceerd. H et Wetsvoorstel strekt tot wij ...
Resource Article - abi_admin - 12/06/2013 - 12:12 - 0 comments - 1 attachment
- KPN Reaches Tentative Settlement Over KPNQwest Bankruptcy
Dutch telecoms group KPN said on Tuesday that it had reached a tentative agreement to pay 50 million euros ($67.6 million) to settle litigation related to the bankruptcy of its former joint venture KPNQwest, Reuters reported. KPNQwest, a wholesale fibre- ...
Daily Headline - global.abi.org - 11/19/2013 - 22:04 - 0 comments