Articles

The difference between private and public limited companies.

The introduction of the one-tier board in a public limited liability company or private limited company was part of the Simplification and Flexibility of Private Limited Companies.

In this article, corporate law attorney Dirk de Waard discusses the current scheme in the Netherlands and the adjustment of the tax scheme for share option rights, which tries to make Dutch startups more attractive to talented employees. In addition, a comparison is made with the regulations in the United States, the United Kingdom and Germany.

Things aren’t going well at EV-Box. While EV-Box recently had to cancel an IPO, Engie, as a major shareholder, also intervened in the management and supervisory board at subsidiary EV-Box.

With the preparation of the annual figures, supermarket chain Picnic once again plunged into the red: it made a loss of 45 million in the 2020 financial year.

In most transactions, the purchase price is based on the value of the company on the day the shares or assets/liabilities are delivered by seller to buyer. This value can be derived from the company's financial statements on the same transfer date. 

The purpose of the founders of a SPAC, called “sponsors”, is to raise capital through an issuance of shares and warrants that are listed on a stock exchange, called “units” combined.

This basic principle changes if the company runs into liquidity problems. In that instance, directors must be careful.

A payment schedule was also attached to the shareholders' agreement, according to which a shareholder loan provided by X was repaid. Deviation from the repayment schedule required approval from X.