Tag Archives: Greenberg Traurig

LIBOR Transition Newsletter – Issue 3

Welcome to the third issue of Greenberg Traurig’s LIBOR Transition Newsletter, where we provide updates, analysis, and occasional commentary on the latest developments relating to the highly anticipated phasing-out of LIBOR at the end of 2021 – less than two years from now. This issue covers the following: ARRC Releases a Consultation on Potential Spread … Continue Reading

Obligation to Operate: Retail Contracts in the Netherlands

The rapidly changing retail market has not yet created a new reality. The preference for online shopping and the increasing costs of wages and production continue to threaten the margins of retailers and, indirectly, rent prices. As a result, rent for retail space has been dropping for six consecutive years. Due to the increased costs … Continue Reading

Recent ‘Shared-Housing’ Developments in Amsterdam

The topic of ‘shared-housing’ is increasingly becoming of interest for clients who invest in residential real estate portfolios. In short, shared-housing can be described as the use of a residential unit by several people who are using a single room for private use and who share the bathroom and the kitchen (and possibly a living-room) … Continue Reading

The Dutch Supreme Court Obliges the Dutch Government to Reduce Greenhouse Gas Emissions

On 20 December 2019 the Dutch Supreme Court delivered its judgment in the case of Urgenda against the Dutch State. In 2013, the NGO Urgenda started a civil law procedure against the Dutch State for “knowingly exposing its own citizens to danger” by not taking sufficient measures to prevent climate change and therefore not preventing … Continue Reading

European Court of Justice’s Landmark Decision on the Resale of E-Books

The European Court of Justice (ECJ) issued a landmark decision on Dec. 19, 2019, that effectively restricts the resale of legally purchased e-books. The case involved the Dutch company Tom Kabinet and the Dutch Publishers Society (Nederlands Uitgeversverbond). Tom Kabinet offered second hand e-books for sale through a “Book Club.” The e-books were either purchased … Continue Reading

LIBOR Transition Newsletter – Issue 2

Welcome to the second issue of Greenberg Traurig’s LIBOR Transition Newsletter, which contains updates, analysis, and commentary on the latest developments relating to the highly anticipated phasing-out of LIBOR at the end of 2021 – barely two years from now. This issue covers the following: LSTA – Concept SOFR Credit Agreement Recent Developments Parting Shot … Continue Reading

EU Sanctions: European Commission President Pushes for Greater Resilience, Proper Enforcement

Ursula von der Leyen, the new president of the European Commission, has called for ‘new proposals to ensure Europe is more resilient to extraterritorial sanctions by third countries and to ensure that the sanctions imposed by the EU are properly enforced…throughout its financial system.’ See September 2019 Mission Letter from President von der Leyen to Valdis Dombrovskis, … Continue Reading

UK Election Results: Brexit, but in What Form?

The substantial gains made by the ruling UK Conservative Party in the general election on 12 December 2019 mean that, barring the unexpected, the UK will leave the EU on 31 January 2020. The Conservative government now has sufficient majority to drive parliamentary approval of the draft withdrawal agreement renegotiated with the EU by UK … Continue Reading

Amsterdam’s Outsourcing Team Authors 2019 Netherlands Outsourcing Practice Guide for Chambers Global

Greenberg Traurig, LLP Amsterdam Shareholders Herald Jongen, Thomas Timmermans, and associates Laurens Timmer and Eduard Stein, have authored the Netherlands Law & Practice chapter in the 2019 Chambers Global Practice Guide on Outsourcing. The Outsourcing Guide offers an analysis of the key market developments in outsourcing in the Netherlands, as well as an overview of the outsourcing … Continue Reading

LIBOR Transition Newsletter – Issue 1

Welcome to Greenberg Traurig’s LIBOR Transition Newsletter, where we provide updates, analysis, and occasional commentary on the latest developments relating to the highly anticipated phasing-out of LIBOR at the end of 2021 – barely two years from now. Questions addressed in this issue: Why is LIBOR being phased out? What will be the immediate effect? … Continue Reading

Employment and Pension Law Update 2019: The Netherlands

This GT Alert provides an update on employment and pension law in the Netherlands for 2019. Topics covered include diversity in boards of larger companies; the Balanced Labour Market Act (Wab), effective 1 January 2020; amendments to restructuring rules applied by the Employee Insurance Agency (UWV), effective 1 October 2019; Dutch pension system reforms; and … Continue Reading

New CJEU Decision on Use of Cookies

On October 1, 2019 the Court of Justice of the European Union (CJEU) issued a new judgment on the use of cookies which, under the EU E-Privacy Directive, requires users’ informed consent. The court decided that the cookies consent cannot be obtained by using a pre-ticked consent checkbox; and information must be provided to users … Continue Reading

EU Limits Territorial Scope of ‘Right to Be Forgotten’ on the Internet

On Sept. 24, 2019, the Court of Justice of the European Union (CJEU) decided that the “right to be forgotten” does not require a search engine operator to carry out de-referencing on non-EU member state versions of its search engine. The case relates to a penalty of €100,000 that the French data protection authority, CNIL, had imposed … Continue Reading

Brexit: Unlawful Prorogation Means Continued UK Parliament Scrutiny of Brexit Plans

In a historic decision issued 24 September 2019, the UK Supreme Court ruled that the UK prime minister, Boris Johnson, acted unlawfully when he advised the Queen to prorogue, or suspend, the UK Parliament for five weeks, until 14 October 2019. The effect of the very clear and unanimous decision of the 11 Supreme Court judges … Continue Reading

Revised Dutch Code of Civil Procedure: Effective 1 October 2019

Introduction Effective 1 October 2019, the Dutch Code of Civil Procedure (DCCP) will partly be revised. This revision is related to the failed digitalization of the Dutch judicial system: Program Quality and Innovation of Justice (in Dutch: Programma Kwaliteit en Innovatie Rechtspraak (KEI)). Only the district courts of Gelderland and Midden-Nederland have switched to the … Continue Reading

Brexit: Can the Remainers Stop a No-Deal Brexit?

Brexit has driven fault lines through British politics as seen at no time since the 1680s. Fervent ‘leavers’ and fervent ‘remainers’ can be found in both of the main political parties, although most favour various compromise options in between. This is reflected in the composition of the UK Parliament and has resulted in an impasse, … Continue Reading

CJEU Finds Website Operators Using Social Media Plugins Are Joint Controllers

On July 29, 2019, the Court of Justice of the European Union (CJEU) found that a website operator using a social media plugin is a joint controller with the social media company providing the plugin and can be held jointly liable in relation to such processing activities. Although the case was decided under the Privacy … Continue Reading

Data Centers Stop in Amsterdam and Schiphol Airport Region

The municipalities of Amsterdam and Haarlemmermeer (home to Schiphol Amsterdam Airport) have announced a temporary halt of the realization of new data centers in their region. According to these municipalities, data centers take up too much space and consume too much energy. Amsterdam and Schiphol are logical locations for data centers for various reasons (e.g., … Continue Reading

Dutch Heating Supply Act Revised: Consequences for Landlords

Introduction Starting 1 July 2019, the scope of the Dutch Heating Supply Act (Warmtewet) (the Act) will be revised. The revision will have significant consequences for landlords of residential units or business space (including office and retail) who supply heat to their tenants. As of July 1, landlords will be exempted from the Act.[1] This … Continue Reading

Modern Technologies and Personal Data Processing in Real Estate

Introduction Modern technologies and personal data are increasingly important for real estate businesses. Robotics, Wi-Fi tracking, augmented and virtual reality, sensor technology, and the Internet of Things (e.g., a physical smart object in an internet-based structure) are some of the technologies being used. Through such modern technologies, a landlord has access to a large amount … Continue Reading

New sustainability clause for ROZ lease agreement office space

As reported in our November 2018 GT Amsterdam Law blog post, use of an office building without a minimum energy label C (an energy index of 1.3 or better) will be prohibited as of 1 January 2023. In view of this prohibition in the Dutch Buildings Decree, the ROZ (Dutch Real Estate Council) has established … Continue Reading
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