The Dutch Supreme Court upheld the decision that the State of the Netherlands did not mislead investors in the run-up to the nationalisation of Fortis. The role the financial crisis played in this outcome and the role it should have played.
When is a listed company required to make certain information about its activities public? This is the key question in a recent judgment on Fortis by the Trade and Industry Appeals Tribunal which, unfortunately, has not been thoroughly answered.
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.