Recent case law emphasizes that non-compliance (criminal activities including potentially economic offences) on a leasehold (erfpacht) plot can constitute a violation of the obligations under the Dutch leasehold law (Gerechtshof ‘s-Hertogenbosch 5 maart 2024, ECLI:NL:GHSHE:2024:718). In a recent case, the police searched the residence and shed on a property and uncovered firearms, a large quantity of cannabis tops, and equipment for processing and manufacturing cannabis, all belonging to the leaseholder’s partner. The court concluded that the possession of such a significant number of weapons ..read more

The April 2024 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues. Click here to read the full newsletter ..read more

The EU Listing Act and UK Prospectus Reform are two different legislative reforms with a common goal: making public capital markets in the UK and EU more accessible and attractive for companies of all sizes, including small- and medium-sized enterprises, seeking to raise capital and list on a stock exchange by reducing the costs and administrative burden of a public listing, whilst maintaining market integrity. A consistent theme in both sets of reforms is the need to create a pragmatic and commercial listing environment which will benefit public companies that nonetheless builds – and maintai ..read more

The tidal wave of loan maturities expected in 2024 will put pressure on lenders and borrowers, which will spill over to the transactional sphere, putting pressure on buyers and sellers to come to weighed and balanced solutions. Without a true understanding of the interests of the other party and a willingness to find a weighed and balanced solution, this will lead to scenarios where no amicable solution can be found. Innovative negotiation concepts are essential to facilitate that process, says David van Dijk, Head of Greenberg Traurig’s Dutch Real Estate Group. ‘There are many similarities ..read more

The Netherlands, widely acclaimed for its tulips, windmills, and cheese, is also an important player in a different realm: the data center market. Due to its strategic geographical position, its advanced digital infrastructure and its strong commitment to sustainability, the Dutch data center market, particularly in Amsterdam, is significant on the global stage ..read more

In November 2023, after several years of negotiation, the Council of the European Union published the detailed compromise text for the Alternative Investment Fund Managers Directive (AIFMD) II. While the introduction of the AIFMD a decade ago imposed what were, at the time, substantial changes to the regulation of alternative funds, the AIFMD II text is not so radical and, except for important changes in requirements relating to loan originating AIFs, does not amount to a rewiring of the AIFMD framework ..read more

The November 2023 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues. Click here to read the full newsletter ..read more

The Carbon Border Adjustment Mechanism (CBAM) is the European regulation that imposes a reporting obligation and a carbon tax on EU imports of certain goods in order to reduce carbon emissions. See our prior GT Alert. The CBAM Regulation officially took effect May 17, 2023. It will apply in phases starting Oct. 1, 2023, and will be fully effective Jan. 1, 2026 ..read more

De rente blijft oplopen. Dit heeft steeds verstrekkendere gevolgen voor geplande overnames. Zo wordt bancaire transactie financiering duurder en zijn banken steeds minder bereid om een bedrag gelijk aan (meer dan) 3 keer de genormaliseerde EBITDA van de target-vennootschap te financieren. Kopers zijn hierdoor genoodzaakt te zoeken naar alternatieve c.q. aanvullende financiering. Niet alleen is de ‘vendor loan’ duidelijk terug van weggeweest, ook de herinvestering door de verkoper (‘doorrollen in het koopvehikel’) van een aanzienlijk deel van zijn verkoopopbrengst ..read more

In our earlier GT Alert, we highlighted that on 1 June 2023 the European Commission adopted the revised Research and Development Block Exemption Regulation (R&D BER) and Specialization Block Exemption Regulation (SBER), together referred to as the Horizontal Block Exemption Regulations (HBER), and accompanying Horizontal Guidelines (Guidelines). The HBER entered into force on 1 July 2023 and is valid for 12 years. It allows for a two-year transitional period for existing agreements to align with the new legislation. After publication in the Official Journal of the EU on 21 July 2023 ..read more