Port & Trade Maritime Lawyers
Among other things, the lawyers of Leeman Verheijden Huntjens Advocaten assist clients with the conclusion of international commercial contracts and the realisation thereof. In addition to advice, we do of course also offer assistance in the event of contract disputes. Examples include quick attachment, preliminary relief proceedings, legal proceedings or international arbitration.
Commercial cases with international aspects are among the most complex cases brought before the court. And we know how to do it. Our lawyers have a name to uphold. With more than 25 years of experience in the field of international commercial law, a growing number of clients contact us with complex international matters in the field of documentary payments or the settlement of security rights.
Banks too rely on our lawyers with their sector-specific knowledge of the port and trade.
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More about Port & Trade Maritime Lawyers
Terminating an Agency agreement by the Principal
An agency agreement (“Agency Agreement”) may be terminated with or without cause and below you will find a practicable explanation on which steps need to be considered. Please note that terminating an Agency Agreement may be done through the Cantonal Courts or by taking extra-judicial steps as set out in article 6:265 of the DCC. The EC directive (86/653/EEG) is implemented in the Netherlands in articles 7:428 to 7:455 of the Dutch Civil Code (“DCC”), which is mostly compulsory law, which means that deviation by agreement is generally not possible and that these provisions are overriding. This article will only address the situation where the Principal terminates or rescinds the Agency Agreement. My next article will address the situation of the Agent.
The shareholders’ agreement: what if agreements are not kept?
In my previous contributions "A shareholder agreement to make your startup investor-proof" and "The shareholder agreement: some practical tips" I already wrote about the usefulness and necessity of the shareholder agreement. In order to avoid conflicts with, for example, future investors, it is wise to make good agreements about the cooperation. Not only agreements about the positive aspects of the cooperation, but above all agreements about what should happen if the cooperation does not go as expected.
Bill on Homologation Private Placement Significant change in insolvency law is imminent
A very important change in insolvency law is imminent. This change concerns the possibility of a debtor's offering a composition to creditors. In the current situation, there is only an arrangement for the compulsory imposition by the court of an arrangement with creditors in suspension of payments or bankruptcy. In the Bill on the Homologation of Private Agreements (WHOA), the possibility has been included that a compulsory composition without a moratorium or bankruptcy can be concluded. This will drastically change the possibilities for resolving problematic debts. This change is important for debtors, but also for their providers of capital, such as creditors and shareholders.
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