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    Aansprakelijkheid van bestuurders en commissarissen: de stand van zaken anno 2019
    2019-11-28

    In de pers gaat het veelal over de aansprakelijkheid van bestuurders van grotere organisaties zoals Imtech, HDI, FC Twente, Vestia en Meavita. In werkelijkheid gaat dit onderwerp bestuurders aan van alle rechtspersonen: van groot tot klein. Met deze Genoteerd frissen wij uw kennis op over de aansprakelijkheid van bestuurders. Wij staan ook stil bij belangrijke relevante recente ontwikkelingen, zoals rechtspraak over de zogeheten rechtspersoon-bestuurder, het Wetsvoorstel bestuur en toezicht rechtspersonen en de Algemene verordening gegevensverwerking.

    Filed under:
    Netherlands, Company & Commercial, Insolvency & Restructuring, IT & Data Protection, Litigation, Loyens & Loeff, GDPR, Supreme Court of the Netherlands
    Location:
    Netherlands
    Firm:
    Loyens & Loeff
    Een ICT-leverancier die zich opstelt als dwangcrediteur en het gestand doen in de zin van artikel 37 Fw
    2017-02-14

    Hierna volgt een korte bespreking van een arrest dat met name van belang is voor de praktijk. Een praktijk waarin curatoren steeds vaker geconfronteerd worden met ICT-leveranciers die zich opstellen als dwangcrediteuren (ik roep Oilily in herinnering), maar niet onder de reikwijdte van artikl 37b Fw vallen.

    Filed under:
    Netherlands, Insolvency & Restructuring, IT & Data Protection, Litigation, Bird & Bird LLP
    Location:
    Netherlands
    Firm:
    Bird & Bird LLP
    The Netherlands Law Year in Review 2016 and Year to Come 2017
    2017-02-06

    Year in Review - The Netherlands Law in 2016

    Filed under:
    Netherlands, Banking, Capital Markets, Company & Commercial, Competition & Antitrust, Employee Benefits & Pensions, Employment & Labor, Insolvency & Restructuring, Insurance, IT & Data Protection, Litigation, Tax, White Collar Crime, Linklaters LLP, Corporate governance, Market abuse, MiFID, Solvency II Directive (2009/138/EU)
    Location:
    Netherlands
    Firm:
    Linklaters LLP
    Liquidator may reject data subject’s request to access data
    2013-06-14

    After a company has been declared bankrupt, the liquidator in charge of the bankrupt estate will process personal data on that bankrupt company’s behalf. The liquidator would then be considered a so-called data controller within the meaning of the Dutch Data Protection Act (DDPA).

    Filed under:
    Netherlands, Insolvency & Restructuring, IT & Data Protection, Litigation, Stibbe, Bankruptcy, Liquidator (law)
    Authors:
    Friederike van der Jagt
    Location:
    Netherlands
    Firm:
    Stibbe
    Liquidator’s right to access data, but data need not be given in orderly manner
    2013-06-14

    A Dutch Court of Appeal recently upheld a lower court’s decision that a liquidator has the right to access data concerning the administration of a bankrupt company, the data of which are kept by a third party. It also held that this right, however, does not imply that the third party must provide the data in an orderly manner without being adequately compensated for it.

    Filed under:
    Netherlands, Insolvency & Restructuring, IT & Data Protection, Litigation, Stibbe, Bankruptcy, Liquidator (law)
    Authors:
    Mirella Daurer
    Location:
    Netherlands
    Firm:
    Stibbe
    New Zealand High Court issues much awaited decision on novel cryptocurrency issues
    2020-04-08

    Christchurch based company Cryptopia Limited (in liquidation) (Cryptopia) operated a cryptocurrency exchange. Account holders were able to deposit cryptocurrencies into the exchange, and carry out trades with each other.

    In January 2019 the exchange was hacked and cryptocurrencies valued at approximately NZD30m were stolen. Cryptopia closed after the hack, re-opened for a short period, and was then placed into insolvent liquidation in May 2019. David Ruscoe and Russell Moore of Grant Thornton New Zealand were appointed liquidators.

    Filed under:
    New Zealand, Banking, Insolvency & Restructuring, IT & Data Protection, Litigation, Buddle Findlay, Cryptocurrency
    Authors:
    Peter Niven , David Broadmore , David Perry , Jan Etwell , Kelly Paterson , Scott Abel , Scott Barker , Willie Palmer , Myles O'Brien , Bridie McKinnon , Matthew Triggs , Oliver Gascoigne , Luke Sizer , Annie Cao
    Location:
    New Zealand
    Firm:
    Buddle Findlay
    Dutch Supreme Court judgment: software contracts in disarray?
    2007-10-23

    A recent insolvency law case in the Dutch Supreme Court could have serious consequences for software licensees faced with a bankrupt supplier or licensor. The effect of the judgment may be to render traditional software escrow agreements insufficient and to require additional protective measures.

    Summary

    Filed under:
    Netherlands, Insolvency & Restructuring, IT & Data Protection, Litigation, Bird & Bird LLP, Bankruptcy, Debtor, Leasehold estate, Interest, Vacated judgment, Trustee, Supreme Court of the Netherlands
    Location:
    Netherlands
    Firm:
    Bird & Bird LLP
    New Zealand Crypto Exchange Seeks Chapter 15 Bankruptcy Protection in the United States
    2019-05-29

    On May 24, 2019, New Zealand-based online asset exchange, Cryptopia Limited, filed a petition under Chapter 15 of the United States Bankruptcy Code seeking recognition of its New Zealand liquidation proceeding in the United States. On the same day, the United States Bankruptcy Court for the Southern District of New York granted provisional relief to Cryptopia, including extending the benefits of the automatic stay to prevent creditors or other parties in interest from taking actions to interfere with Cryptopia’s assets.

    Filed under:
    New Zealand, USA, Banking, Insolvency & Restructuring, IT & Data Protection, Litigation, Hunton Andrews Kurth LLP, Bitcoin
    Authors:
    Gregory G. Hesse
    Location:
    New Zealand, USA
    Firm:
    Hunton Andrews Kurth LLP
    Obtaining attachment on cryptocurrencies in Switzerland
    2020-03-13

    The general view in Switzerland is that cryptocurrencies are intangible assets sui generis and as such can be subject to regular debt enforcement and insolvency proceedings in Switzerland (provided that these cryptocurrencies have a financial value).

    This article highlights the particularities to be considered when cryptocurrencies are the target of an attachment procedure (ie, a freezing order) in Switzerland.

    Attachment

    The following must be established to obtain an attachment in Switzerland:

    Filed under:
    Switzerland, Banking, Corporate Finance/M&A, Insolvency & Restructuring, IT & Data Protection, Pestalozzi Attorneys at Law, Blockchain, Cryptocurrency, Initial coin offering
    Authors:
    Beat Mumenthaler
    Location:
    Switzerland
    Firm:
    Pestalozzi Attorneys at Law
    Obtaining attachment on cryptocurrencies in Switzerland
    2020-03-13

    Introduction

    Filed under:
    Switzerland, Banking, Insolvency & Restructuring, IT & Data Protection, Pestalozzi Attorneys at Law, Blockchain, Initial coin offering
    Authors:
    Beat Mumenthaler , Lukas Rusch , Alain Muster
    Location:
    Switzerland
    Firm:
    Pestalozzi Attorneys at Law

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