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Stek acts for management in Shell’s acquistion of NewMotion

Lawyers:
Maarten van der Graaf
Claudia Beele

Shell, one of the world’s largest energy providers, has acquired NewMotion in a deal that will enable both companies to accelerate the transition to low-carbon transport. Under the terms of the deal, NewMotion will remain focused on accelerating its mission in Europe by delivering more innovative smart-charging solutions to homes, businesses and public parking spaces. Stek […]

Stek advises Vattenfall/Nuon on the acquisition of 32 wind turbine positions from Windcollectief Wieringermeer

Lawyers:
Reijnoud Homveld
Eva van Hees
Paulien Boiten

Stek advises Vattenfall/Nuon on the acquisition of 32 wind turbine positions of the members of Windcollectief Wieringermeer. As a consequence Nuon will own a total of 82 wind turbines (295 MW) at the future Wieringermeer wind farm, which will be the largest on shore wind farm in the Netherlands. Nuon already owns 50 wind turbines. Click […]

Stek also successful for Alliander before District Court Rotterdam on permissible activities

Lawyers:
Stephanie Dielemans
Jan Erik Janssen

In 2016 Stek successfully assisted Alliander before the Authority for Consumers and Markets (ACM) in the request for sanctions of RWE (Innogy) against Alliander’s subsidiaries Allego (electrical charging infrastructure), MPARE, EXE and HOOM. By letter of 9 Feburary 2016 and decision of 22 April 2016 ACM rejected this request for sanctions and ruled that the activities […]

Stek successful for Tata Steel in dispute with TenneT

Lawyers:
Martha Brinkman
Jan Erik Janssen

Stek has successfully represented Tata Steel Ijmuiden in a dispute resolution procedure before the Authority for Consumers and Markets. Tata Steel was the complainant in that procedure and argued that TenneT, the national electricity transmission system operator, had not adequately performed its statutory tasks. The background to the complaint is the large-scale power interruption in the […]

Stek Competition Litigation team has succesfully defended Corendon

Lawyers:
Ruben Elkerbout
Gerben Smit
Patou Courtens

Stek’s Competition Litigation team has succesfully defended tour operator Corendon against a large claim initiated by its former travel agent Prijsvrij based on an alleged infringement of the cartel prohibition contained in Article 6 of the Dutch Competition Act and Article 101 of the Treaty on the Functioning of the European Union. According to Prijsvrij, Corendon […]

Stek successful in summary proceedings for shareholders in HKB Bank

Lawyer:
Gerben Smit

Stek has successfully represented two shareholders in the German HKB Bank in summary proceedings before the Amsterdam District Court. Litigation was initiated by HKB Bank claiming payment in the amount of EUR 10 million based on an agreement entered into between the parties in 2014. In its judgment dated 20 July 2017 the District Court dismissed […]

Sharon Kaufmann – Partner

Lawyer:
Sharon Kaufmann

We are happy to announce that Sharon Kaufmann will become a partner at Stek (banking & finance) as of July 1, 2017. Sharon joined Stek at the end of 2012 and it was immediately clear that her level of service and focus on clients and detail perfectly matches the dedicated but foremost service-oriented and pragmatic culture […]

Martha Brinkman – Counsel

Lawyer:
Martha Brinkman

We are delighted to announce that Martha Brinkman will be appointed as counsel per 1 July 2017 within the Competition & Regulated Markets team. Martha started her career with Clifford Chance and joined Stek in 2007. From the start, she has specialized in energy law and regulated markets and she is an expert in those areas. […]

Stek advises DHG on the acquisition of Uitzendbureau VPR and M.P.S. Personnel Services

Lawyers:
Reijnoud Homveld
Floris Schreuder
Eva van Hees

Stek advises DHG on the acquisition, through a holding entity, of 100% of the shares in the capital of M.P.S. Personnel Services B.V. from Peinemann Mobilift Group B.V. Simultaneously 100% of the shares in the capital of VPR Detachering B.V. and Uitzendbureau VPR B.V. were acquired by the holding entity. M.P.S offers operators, forklift drivers, logistical […]

Blog: Corporate Power Purchase Agreements (PPAs) in the Dutch Electricity Market

Lawyer:
Martha Brinkman

For several years now, it has been an important and global trend: a rapidly increasing number of large industrial and corporate energy consumers and buyers wants to purchase renewable electricity directly from renewable electricity producers on the basis of long-term so-called corporate power purchase agreements (Corporate PPAs) entered into directly between the purchaser and the renewable […]

Stek succesfull for Eneco before the Dutch Advertising Code Committee

Lawyer:
Martha Brinkman

Stek has successfully assisted energy supplier Eneco in a complaints procedure before the Dutch Advertising Code Committee. The complaint was lodged against recent advertising by MKB Collectieven on behalf of energy supplier Total Gas & Power. In its decision of 16 May 2017 the Committee ruled that the advertising as meant in the complaint was unfair […]

Stek succesful for Eneco before the Dutch Advertising Code Committee

Lawyer:
Martha Brinkman

Stek has successfully assisted energy supplier Eneco in a complaints procedure before the Dutch Advertising Code Committee. The complaint was lodged against recent advertising by MKB Collectieven on behalf of energy supplier Total Gas & Power. In its decision of 16 May 2017 the Committee ruled that the advertising as meant in the complaint was unfair […]

Chambers and Legal 500 2017: Praise for Stek

Lawyers:
Eelco Bijkerk
Dierik Cras
Ruben Elkerbout
Maarten van der Graaf
Frans Haak
Reijnoud Homveld
Jan Erik Janssen
Sharon Kaufmann
Michaël Rijnja
Gerben Smit
Jasper Stek
Herman Wamelink
Jeroen Timmermans

In the 2017 edition of the authoritative directory Chambers Europe clients are full of praise for Stek. Stek is described as “the best law firm in the mid-market in terms of price/quality ratio” and praised for its “combination of speed of service, quality of advice and reasonable fees”, “realy good culture” and its collaborative approach with […]

Stek wins Chambers Client Service Award 2017

During a festive ceremony in London on Friday 7 April 2017 Stek was awarded the Client Service Award for The Netherlands by Chambers and Partners. This is the second time that Stek has won this prestigious award (the first time was in 2011). The award  is only given where there has been excellent feedback […]

Stek assists Stedin in acquisition of DNWG

Lawyers:
Reijnoud Homveld
Ruben Tros
Paulien Boiten
Eva van Hees
Floris Schreuder
Jan Erik Janssen
Martha Brinkman
Mattijs Baneke
Frans Haak
Ruben Elkerbout
Stephanie Dielemans
Patou Courtens
Marie-Claire Leijten

Stek assists Stedin Holding N.V. in the auction sale by PZEM N.V.  (PZEM, previously named DELTA) of all shares in Zeeuwse Netwerkholding N.V., including, inter alia, regional network operator Enduris B.V. and De Netwerkgroep Infra B.V. (together DELTA Netwerkgroep or DNWG) for an enterprise value of EUR 610 million. The sale of DNWG is part of […]

Stek successful for DONG, RWE and Eneco in reclaiming tens of millions of euros from Gasunie

Lawyers:
Jan Erik Janssen
Stephanie Dielemans

Stek has successfully represented the shippers DONG Energy (DK), RWE Trade & Supply (D) and Eneco in reclaiming many tens of millions of euros in paid tariffs. It concerns tariffs for the WQA (Wobbe Quality Adaptation) service of Gasunie Transport Services (GTS) at the Gate LNG terminal in Rotterdam. By dispute resolution decisions of 27 November […]

Stek shortlisted for Netherlands law firm of the year 2017

Stek has been shortlisted by the authoritative organisation Chambers for the Chambers Europe Award 2017 for the Netherlands. In their words: “These awards honour the work of national and international law firms across Europe on the basis of research for the upcoming edition of Chambers Europe. They recognise a law firm’s pre-eminence in key […]

Stek advises Challenger Acquisitions on sale of the Starneth engineering group

Lawyer:
Ruben Tros

Challenger Acquisitions has sold the engineering group Starneth to its chief executive officer Chiel Smits. Starneth is an engineer of giant observation wheels such as The London Eye and the New York Wheel. Challenger Acquisitions Limited is an investment fund in the entertainment and leisure sector that is listed on the London Stock Exchange (CHAL). Please […]

Stek successful for Dümmen Orange Group in civil court litigation

Lawyer:
Gerben Smit

Stek has successfully represented three subsidiaries of the Dümmen Orange Group, a leading company in – amongst others – breeding and development of cut flowers and potted plants, in civil litigation before the Rotterdam District Court. Litigation was initiated by an agrarian employment agency challenging the rightful termination of several agreements and claiming damages in the […]

Stek advises Paragon Partners on its acquisition of the Novagraaf Group

Lawyers:
Reijnoud Homveld
Herman Wamelink
Ruben Tros
Wieteke Killestijn
Claudia Beele
Marjolein Paulus
Claudia van Randeraat

Paragon Partners has acquired the Novagraaf Group. Novagraaf Group is the world’s largest trademark filer and a major patent filer, managing more than one million intellectual property assets worldwide. Paragon Partners is investing in Novagraaf by acquiring a majority stake from, among others, its former shareholder Gilde Buy Out Partners. Paragon Partners is an independent German […]

Stek expands with new litigation partner Jan Bart van de Hel

Lawyer:
Jan Bart van de Hel

Stek strengthens its litigation practice with Jan Bart van de Hel (34) as new partner. Jan Bart specializes in commercial and corporate dispute resolution and joins Stek from Allen & Overy. His practice covers the entire range of dispute resolution, including directors’ and professional liability, corporate governance, M&A related disputes and banking litigation. Jan Bart also […]

Stek advises Ennatuurlijk on the joint venture with BeGreen

Lawyers:
Reijnoud Homveld
Eva van Hees

Ennatuurlijk and BeGreen have jointly entered into an agreement with Nuon for the purchase of five heat grids located in Culemborg, Wageningen, Hilversum, Zandvoort and Velp Schoonoord. As from 1 January 2017 Ennatuurlijk and BeGreen will jointly operate the five heat grid installations. Stek advised Ennatuurlijk in relation to the joint venture and further structure of […]

Stek shortlisted for ‘Best Dutch M&A Law Boutique’

Lawyers:
Claudia Beele
Eelco Bijkerk
Paulien Boiten
Dierik Cras
Maarten van der Graaf
Eva van Hees
Reijnoud Homveld
Michaël Rijnja
Floris Schreuder
Jasper Stek
Jeroen Timmermans
Ruben Tros

Stek has been shortlisted in the category ‘Best Dutch M&A Law Boutique’ for the M&A Awards 2016 organised by Alex van Groningen. In addition, Stek acted as M&A advisor of Simpel and its shareholders in the Parcom Capital-Simpel transaction which has been nominated as ‘Best Deal Midmarket’. Click here for the respective […]

Stek advises YARD ENERGY on the sale of nine wind farms to Eurus Energy

Lawyers:
Reijnoud Homveld
Paulien Boiten
Michaël Rijnja
Eva van Hees

YARD ENERGY, a Dutch based developer of wind energy projects, sold nine wind farms in The Netherlands to Eurus Energy Holdings Corporation, a leading Japanese renewable energy company. The wind farms have a combined capacity of 72.5 MW. YARD ENERGY and Eurus Energy have also agreed to expand their collaboration for the development and realization of […]

Stek advises Maas Capital Renewables and Yard Energy on the sale of two wind farms in Finland to Eurus Energy

Lawyers:
Reijnoud Homveld
Paulien Boiten
Eva van Hees

Maas Capital Renewables (100% owned by ABN AMRO Bank N.V.), a dedicated investor in renewable energy, and YARD ENERGY, a Dutch based developer of wind energy projects, sold two wind farms in Finland to Eurus Energy Holdings Corporation, a leading Japanese renewable energy company. The wind farms have a total capacity of 27.5 MW and consist […]

Stek advises Simpel and its shareholders on the investment by Parcom Capital

Lawyers:
Dierik Cras
Michaël Rijnja
Paulien Boiten
Mattijs Baneke

Parcom Capital has acquired a substantial minority interest in Simpel. On the Netherlands market of mobile communication services, Simpel has a leading position in the budget, sim-only segment. The transaction was announced on 30 August 2016 and was successfully completed on 6 October 2016, after the approval of the Netherlands competition authorities had been obtained. Please […]

Stek successful for Liander in dispute with Parenco

Lawyers:
Martha Brinkman
Jan Erik Janssen

Stek has successfully represented energy distribution company Liander in a dispute before the Authority for Consumers and Markets. The dispute resolution procedure was initiated by a complaint of paper producer Parenco. Parenco argued that electricity TSO erronously operates on the assumption that Parenco has a connection on its grid instead of that of Liander. By decision […]

BLOG: Warranty & indemnity-insurance: Trends and observations

Lawyer:
Ruben Tros

The product of warranty and indemnity insurance (hereafter ’W&I insurance’) is an increasingly popular tool to bridge the gap between the needs of purchasers and sellers in private M&A transactions.
W&I insurance is a method for either the seller or the purchaser in an asset or share sale agreement to allocate the risk of monetary losses […]

BLOG: European Commission publishes preliminary report on sector inquiry into e-commerce

Lawyers:
Mattijs Baneke
Ruben Elkerbout

On 15 September 2016 the European Commission (the Commission) published its Preliminary Report on the e-commerce sector inquiry (the Preliminary Report). In the Preliminary Report, the Commission provides an overview of the main competition-relevant market trends in the e-commerce sector and identifies possible competition concerns in this sector. Please click here for […]

Stek successful for Initiative Media in public procurement dispute

Lawyers:
Stephanie Dielemans
Jan Erik Janssen

Stek has successfully represented media company Initiative Media, part of IPG Mediabrands (Nasdaq: IPG), in a large public procurement dispute. It concerns the tender for the strategy, planning and procurement of all media spending by the Dutch State, including its agencies and companies such as the Dutch Tax Authority and National Railways. After Initiative Media had […]