Although class actions have been common in the United States for decades, they have not been as widely used in the rest of the world. The situation and risks remain in flux, however, as more countries have renewed momentum to...more
In Short:
The Situation: After the nationalization of the Dutch SNS banking and insurance group, the Dutch Minister of Finance offered zero compensation to expropriated bondholders....more
10/24/2023
/ Bailout ,
Banks ,
Bondholders ,
Bonds ,
Compensation ,
Damages ,
Enforcement Actions ,
Expropriation ,
Financial Institutions ,
Loans ,
Ministry of Finance ,
Netherlands
On January 13, 2022, the NGO Milieudefensie (the Dutch chapter of Friends of the Earth) announced that it had sent a letter to 29 Dutch companies and financial institutions considered by Milieudefensie to be "Netherlands'...more
The Ruling: On May 26, 2021, the Hague District Court ("Court") issued a ruling ordering Royal Dutch Shell Plc ("RDS"), the parent company of the Shell group with its registered office in the Netherlands, to ensure that the...more
In the third installment in our series of programs on the private enforcement of competition law in European jurisdictions, partner Gerjanne te Winkel and associate Sophie van de Graaff discuss developments in the...more
The Situation: The Netherlands has 79 bilateral investment treaties ("BITs") in place with non-EU countries. On March 22, 2019, the Dutch government published a new model BIT ("2019 Model") as a template for negotiating new...more
7/25/2019
/ Arbitration ,
Bilateral Investment Treaties ,
Corporate Social Responsibility ,
Foreign Investment ,
ICSID ,
International Arbitration ,
Investor Protection ,
Investor State Dispute Settlement (ISDS) ,
Investors ,
Netherlands ,
UNCITRAL
The Situation: The Netherlands has a comprehensive system for collective actions and the collective settlement of claims but currently, there is no possibility to seek monetary damages in collective actions.
The...more
Specially designed for large and complex international commercial disputes, the NCC offers effective and economical litigation options.
In December 2018, the Dutch Senate unanimously passed legislation to introduce the...more