Insights

On 1 January 2020, the WAMCA (Resolution of Mass Damage in Collective Actions Act) established new rules for collective actions in the Netherlands. The WAMCA requires parties to publish their writ of summons in the public register for collective claims. Marieke Bredenoord-Spoek and Tim Kluwen have written a three-article series on the WAMCA's publication requirement in the Dutch law journal, BER.

Across the globe, the fiduciary duties of executive and supervisory (or non-executive) directors dictate that they act in the company's best interests. The vibrant economy of the last few years permitted many companies to focus nearly exclusively on growth and the creation of shareholder value. When a financial outlook dwindles, however, the content and focus of these duties shift. This may be of particular relevance in today's challenging financial climate.

Dennis Horeman and Machteld de Monchy authored two chapters in the International Comparative Legal Guide - Class and Group Actions 2023.

De Brauw has advised Belgian tech unicorn Collibra on its move to the Netherlands through a cross-border merger.

De Brauw acted as co-counsel together with U.S. firm Cleary Gottlieb Steen & Hamilton for Infinite Electronics, Inc. (Infinite Electronics) in its acquisition of the Cable Connectivity Group (CCG).Infinite Electronics, a leading global supplier of electronic components serving the needs of customers through a family of highly recognized and trusted brands, has announced on 8 November 2022 that it signed a definitive agreement to acquire Cable Connectivity Group (CCG) from Torqx Capital Partners (Torqx) and TKH Group NV (TKH). The transaction is subject to customary regulatory approval and is expected to close in Q1 2023.CCG is a leader in the production, distribution and assembly of specialty cables and cable connectivity solutions. The company operates across Europe with offices and production and distribution facilities in the Netherlands, Belgium, Germany, Poland, Italy and China. CCG is comprised of the following brands: Jobarco, Pantaflex, Capable, TKD, ConCab, Schrade Kabeltechnik and KC Industrie. CCG has a global customer base across industrial and electronics end-markets.

De Brauw advised AEGON, a leading multinational life insurance, pensions and asset management company, on the combination of its Dutch operations with a.s.r., a leading Dutch insurance group. The deal is valued at EUR 4.9 billion. In connection with the transaction, AEGON and a.s.r. have agreed certain arrangements regarding the provision of asset management services by AEGON for the enlarged a.s.r. group and AEGON's governance rights in a.s.r., including the right to nominate initially two members to the supervisory board with one such supervisory board member having an affirmative vote for certain resolutions, including dilutive transactions and material M&A.The deal signifies a transformative transaction for both AEGON and a.s.r., creating a champion in the Dutch pension, life, and non-life insurance markets.