With the advent of blockchain, decentralised nature of company-like structures requires rethinking the way corporate insolvencies are handled. The COMI concept may have to give way to a more consent-based choice of insolvency rules and insolvency forum.
The Netherlands has released the Dutch tax ruling policy under the Freedom of Information Act. Following allegations that the Netherlands is a tax haven, the information attained questions the long-term sustainability of the Dutch tax ruling practice.
The Dutch Supreme Court upheld the decision that the State of the Netherlands did not mislead investors in the run-up to the nationalisation of Fortis. The role the financial crisis played in this outcome and the role it should have played.
Human rights accountability in the context of Frontex-coordinated border control operations is being dispersed among the involved parties. Regrettably, this is likely to continue after the establishment of the new European Border and Cost Guard Agency.
The Division of Corporation Finance of the U.S. Securities and Exchange Commission issued a bulletin reflecting its views on whether a corporation may exclude a shareholder proposal from being put on the agenda of the general meeting.
In the past seven years, governments across the globe spent trillions to prevent banks from failing and wreaking havoc on our economy. Europe’s answer has been a legislative framework for bank recovery and resolution and a single resolution mechanism.