12 November 2018

Interpretation of a right of first refusal provision in the articles of association of a B.V.

In a recent case, the District Court Midden-Nederland has ruled in a dispute about a statutory right of first refusal provision in a joint venture in the form of a Dutch private company with limited liability (B.V.) with two shareholders, each holding 50% of the shares. The articles of association of the B.V. included a right of first refusal provision, which stipulated, among other things, that if control of a shareholder changed within the meaning of the Code of Conduct with respect to mergers as adopted by the Dutch Economic and Social Council and this shareholder had direct or indirect control over the joint venture (also as referred to in that Code of Conduct), this shareholder had to offer its shares to the other shareholder.

For more information, please contact: Thijs Butter

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9 November 2018

Heussen speaks at the Brabant - Wuxi Business Day

Heussen was invited by the Government of North Brabant and the Wuxi Municipal Governmentto introduce the legal climate for doing business in the Netherlands

Brabant Wuxi Business Day 2018

For more information, please contact: Wendy Liu

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3 August 2018

EU Proposed Screen Framework on FDI - Substantial Influence on Foreign Investment

On 13 June 2018, EU ambassadors agreed on the Council’s position on the Proposal for a Regulation of the European Parliament and of the Council establishing a framework for screening of foreign direct investment into the European Union (hereinafter referred to as the “Regulation Proposal”). The Commission submitted the Regulation Proposal on 13 September 2017 and the European Parliament voted and approved the Regulation Proposal at its plenary session on 5 June 2018 after reviewing and amending it as a whole. Currently, the responsible committee, the Committee on International Trade (INTA), will force the Commission and the Council of the EU to enter into negotiations on this position. It is expected to reach a final approval in 2019 after which the regulation will be directly applicable in all EU Member States, including the Netherlands, without any further steps to incorporate it into the national legislation.

For more information, please contact: Wendy Liu

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30 July 2018

Chinese Government Further Liberalizes Market Access for Foreign Investment —— Release of 2018 Negative List

The National Development and Reform Commission (“NDRC”) and the Ministry of Commerce (“MOFCOM”) jointly promulgated the 2018 version of the Special Administrative Measures on Access to Foreign Investment 2018 (“2018 Negative List”) on 28 June, 2018, which has entered into force on 28 July 2018. Subsequently, the Special Administrative Measures for Foreign Investment Access to Pilot Free Zones (“2018 FTZ Negative List”) was also released on 30 June, effective from 30 July, 2018.  By releasing the 2018 Negative List and 2018 FTZ Negative List, the Chinese government further liberalizes the market access in more than 20 sectors to foreign investments, including but not limited to agriculture, energy, resources, finance, automotive, ship and aviation devices manufacture, infrastructure, transportation, trade and culture.

For more information, please contact: Wendy Liu

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20 June 2018

When is a data protection officer mandatory?

The NRC recently headlined 'Shortage of privacy experts in thousands of organizations'. The article states that by no means all organizations which are obliged to do so have indeed appointed a Data Protection Officer (hereinafter 'DPO'). Despite the fact that the General Data Protection Regulation (hereinafter "the Regulation") entered into force on 25 May 2018. The Regulation has replaced the current Privacy Directive and the corresponding Personal Data Protection Act. When is an organization obliged to appoint a DPO?

For more information, please contact: Suzanne Gerritse

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18 June 2018

HEUSSEN ADVISES FLAMINGO CASINO ON THE ACQUISITION BY JVH GAMING

Flamingo casino

HEUSSEN (Paul A. Josephus Jitta en Thijs Butter) assisted Flamingo Casino in the acquisition by JVH gaming. With the acquisition of Flamingo Casino, JVH gaming is expanding it’s market leadership. The acquisition increases the national coverage of JVH gaming because Flamingo has a number of branches in regions where JVH gaming is not active.

For the official press release click here.

For more information, please contact: Paul A. Josephus Jitta

15 June 2018

Proposed EU Directive on cross-border mobility

On 25 April 2018, the European Commission proposed new company law rules making it easier for companies to merge, divide or move by way of a cross-border operation within the European Union. 

The proposal will be submitted to the Council of the European Union and the European Parliament for their consideration and adoption. When the proposal has been adopted, the new Directive would have to be implemented into the laws of all EU Member States.

For more information, please contact: Iris Hanssen

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13 June 2018

Heussen is proud of another Legal500 (EMEA) recommendation: Fast, Accurate, Cost-effective and a pleasure to deal with!

emea top tier firms 2018

HEUSSEN has again been ranked in the Legal500 EMEA 2018 edition. Its Corporate, Commercial and M&A practice is described by its clients and relations as ‘Fast, accurate’, ‘cost-effective’ and ‘a pleasure to deal with’.

We are very proud of the recommendations and would like to thank our clients and peers for their recommendations.

For more information, please contact: Paul A. Josephus Jitta

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