Two weeks ago, another milestone was reached in the legal battles following the nationalisation of SNS Reaal. An Amsterdam court held that the State of the Netherlands should pay expropriated securities owners more compensation for their losses.
Tag: Enterprise Chamber
A recent court decision in the Netherlands under the so-called inquiry procedure may give food for thought to other countries and induce them to introduce a similar procedure. This is of great value to small/medium-sized companies that are at standstill.
The Enterprise Chamber of the Amsterdam Court of Appeal has made some interesting general statements about the fiduciary duties of the executive and supervisory boards of banks in the VEB/Ageas case. These statements will be addressed and evaluated.