News

EU’s 20th Sanctions Package Against Russia

The Council of the European Union has now adopted its 20th sanctions package against Russia, continuing the EU’s steady shift from economic restrictions to more targeted tools aimed at anti-circumvention and legal protection for EU operators. As with earlier packages, the stated objective is twofold: to increase pressure on revenue critical and war supporting sectors, […]

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Conflicts of interest among directors: when is a director prohibited from taking part in decision-making?

A director of a private limited company or foundation may not take part in decision-making if he or she has a personal interest that conflicts with the interests of the company. That sounds straightforward, but in practice the question of when exactly such a conflict of interest arises, regularly gives rise to debate. This sometimes […]

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EU sanctions against Russia and advance payments: what about reimbursement if delivery is no longer permitted?

Has your company received an advance payment, but are you no longer permitted to deliver due to EU sanctions? In that case, a refund is not automatically guaranteed. A recent opinion by the Advocate General of the Court of Justice in the Reibel case makes it clear that a Russian counterparty may not be able to reclaim an advance […]

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EU’s 19th Sanctions Package Against Russia

The EU’s 19th sanctions package marks a further shift from headline measures to enforceable market disruption, with a particular focus on energy revenues, financial infrastructure, and the “systems” that enable circumvention. It combines (i) the EU’s first LNG import ban, (ii) additional shadow-fleet designations and maritime enforcement tools, (iii) tightened restrictions on key Russian energy […]

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Can a director be held liable for evading creditors through a restructuring?

If a director or owner of several companies carries out a restructuring with the aim of evading the enforceability of debts, they may be held personally liable. It makes no difference whether they carry out the restructuring directly themselves or have it carried out via their other companies. In both cases, they may be liable […]

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Revocation of a judgment: when can a court ruling be reverted?

In principle, a court judgement is final. But what if it subsequently becomes apparent that the opposing party lied during the proceedings, used forged documents or withheld crucial information? In such cases, Dutch procedural law provides a special legal remedy: revocation. This is one of the few ways in which an irrevocable judgement or order […]

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