Publications and articles
5 December 2023
Deliveroo to apply mandatory collective bargaining agreement and pay pension contributions
The Dutch Supreme Court recently delivered two significant rulings on the employment law obligations of Deliveroo. These rulings follow the 24 March 2023 judgment, where it ruled that Deliveroo riders qualify as employees under Dutch law.
24 November 2023Class actions and settlements in the Netherlands
Collective redress is a hot topic across Europe. The entry into force of the Representative Actions Directive on 25 June 2023 means that it will remain so for years to come. The Netherlands has always been at the forefront of class actions and settlements. Dennis Horeman, Machteld de Monchy and Tim Kluwen have written two chapters in the International Comparative Legal Guide - Class and Group Actions 2024 to highlight some of the key aspects of Dutch law and practice.
23 November 2023Bill submitted to improve shareholder dispute resolution and corporate inquiry proceedings
For corporate disputes, Dutch law provides for the dispute resolution procedure (geschillenregeling) and corporate inquiry proceedings (enquêteprocedure). A recent bill aims to improve the effectiveness of the dispute resolution procedure and to broaden the grounds for awarding remedies. The bill also clarifies the admissibility requirements for inquiry proceedings for listed companies' shareholders and depositary receipt holders.
Client Events
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Recent Matters
28 November 2023
De Brauw advised Accsys on its relationship agreement with Teslin and De Engh and its EUR 34 million capital raise
De Brauw advised Accsys Technologies Plc, the fast-growing company that enhances the natural properties of wood to make high performance and sustainable building products, on its relationship agreement with Teslin and De Engh and its EUR 34 million capital raise. De Brauw advised together with Slaughter and May, as Accsys is listed at both AIM and Euronext Amsterdam. Teslin and De Engh provided, in aggregate, approximately EUR 13m of new equity through the placing. The Relationship Agreement includes customary terms and conditions for a substantial shareholding of this nature, including the right for Teslin and De Engh to appoint one new non-executive director to the Board of the Company for so long as they hold an interest of at least 15 per cent and a second non-executive director for so long as they hold iat least 22.5 per cent.
16 November 2023BpfBOUW, ABP and Bouwinvest join forces in Impact Partnership
De Brauw Blackstone Westbroek advised Bouwinvest Real Estate Investors on the structuring and fundraising of its Dutch Social Impact Real Estate Partnership.
9 October 2023De Brauw advises the Nolet Group on its EUR 270 million recommended all-cash public offer for Lucas Bols N.V.
De Brauw is acting as lead advisor to Nolet on its recommended all-cash offer of EUR 18.00 per share for all issued and outstanding shares in the capital of Lucas Bols N.V., representing a total value of approx. EUR 270 million. Nolet and Lucas Bols see a unique opportunity to bring two leading global spirits and cocktail companies with a rich heritage under one Dutch flag. The Nolet Group is one of the oldest family businesses in the Netherlands and known for its spirits KETEL 1 Jenever and Ketel One Vodka. Lucas Bols is one of the oldest cocktail and spirits companies in the Netherlands, active in over 110 countries with its cocktail, liqueurs and spirits brands which include Bols, Passoã and Tequila Partida.
