We are pleased to announce that Judith de Groot joined Stek as an associate in our Dispute Resolution group. Judith specialises in commercial and corporate dispute resolution. She advises and litigates on various commercial and corporate disputes, including issues relating to contractual liability, financial contracts and directors’ and professional liability. Before joining Stek in October 2018, […]
Stek advised Norwegian Energy Company ASA’s (Noreco) wholly owned subsidiary, Altinex AS, on the acquisiton of the entire share capital of Royal Dutch Shell Plc’s upstream assets in Denmark, Shell Olie- Og Gasudvinding Danmark B.V. for a consideration of USD 1.9 billion. Through this transaction, Noreco becomes the second largest oil and gas producer in Denmark […]
This short article discusses a number of developments in Dutch energy and climate policy, including the consultation on the Act introducing a carbon price floor for electricity generation and the state of affairs with respect to the Climate Agreement and the Climate Act. The article was published on 22 October 2018 in the ILO series on […]
Uniphar plc, the largest integrated healthcare supply and services provider in Ireland, has acquired AngioCare, an independent distributor of diagnostic and interventional therapeutic solutions in cardiology, (neuro) radiology, vascular surgery and oncology.
Stek advised Uniphar in collaboration with the Irish law firm William Fry.
Stek advised Solar Works! B.V. and its shareholders on the equity investment by EDPR in the company. Solar Works makes solar energy products that help people in areas to have little or no access to electricity. Solar Works was founded in 2007 in the incubator of the Technical University of Delft. EDPR is a leading renewable […]
Stek advised Limburgs Energiefonds on the acquisition of Mijnwater from the municipality of Heerlen. Mijnwater provides for a cost effective operation and exploitation of heat and cold as a source of renewable energy by using mine water (mine passages of closed coal mines that have been filled with groundwater). Mijnwater developed innovative infrastructure for the distribution […]
Stek advised Audax Retail B.V. on its merger with retail chain Retail Development Company (RDC Holding B.V.). The retail formulas of both organizations will continue under Audax Retail. Audax is the media company of publishing family De Leeuw. Among other things, the company owns the AKO chain, which has one hundred stores and operates from stations, […]
Stek advised Nuon on its acquisition of two solar park projects from developer Powerfield, and has an option to acquire a third solar park. In total, the three parks add up to 27.5 MW. The locations of the parks are in Coevorden (7 MW), Gasselternijveen (3,5 MW) and Dokkum (17 MW). Please click here […]
We are pleased to announce that we have strengthened our practice group Competition & Regulated Markets with Berend Reuder (37) as new partner.
Berend specializes in Dutch and EU competition law and joins Stek from Houthoff. His expertise includes merger control procedures and cartel and dominance cases, representing clients in both civil and administrative […]
Stek advised Inteno on its acquisition of Genexis Group, including subsidiaries in the Netherlands, Germany and Sweden. The combined Inteno Group is one of the major European providers of connected home platforms and residential gateways. Inteno is a portfolio company of Accent Equity Funds. Please click here for the press release of Inteno.
GTDT: Market Intelligence provides a unique perspective on evolving legal and regulatory landscapes in major jurisdictions around the world. Through engaging, easily comparable interviews, the series provides the legal profession’s thought leaders with a platform for sharing their views on current market conditions and developments in the law. In the Cartels 2018 publication leading practitioners from […]
On 12 July 2018, the General Court of the European Union (the GC) published its judgments in the power cable cartel cases. One of the cases relating to this cartel is the case between the European Commission (the Commission) and the investment bank The Goldman Sachs Group, Inc. (Goldman Sachs). For part […]
Stek has represented the representative organisation Netbeheer Nederland and the regional distribution companies Liander, Enduris and Coteq in appeal proceedings before the Administrative High Court for Trade and Industry (CBb) against the method decisions of the Authority for Consumers and Markets (ACM) for the regional distribution companies electricity and gas for the period 2017-2021. By judgment […]
Stek has advised ABN AMRO Participaties on its acquisition of a majority of the shares in MPS, a global provider of high-end print solutions, including labels and flexible packaging materials for the food, beverage and medical industries. ABN AMRO Participaties acquired the shares in MPS from Braver Investments B.V., Ontwikkelingsmaatschappij Oost NL B.V. and the founders […]
Lagerwey is a Dutch designer and manufacturer of direct drive wind turbines, most of which in house. The company has been delivering sustainable wind energy since 1979. ENERCON is a leading international wind turbine manufacturer based in Aurich, Germany and operates in more than 30 countries. With this strategic investment in Lagerwey, ENERCON strengthens its portfolio […]
The 2018 edition of the directory Who’s Who Legal lists Stek with three laywers (Martha Brinkman, Reijnoud Homveld and Jan Erik Janssen) in the list of leading lawyers in the energy sector in the Netherlands. In addition, Jan Erik Janssen is the only lawyer in the Netherlands to receive a special recognition (“[He] is a standout […]
Stek represented Stedin Group with respect to the auction sale of Joulz Energy Solutions (JES). It is planned that in the third quarter of 2018 the legal ownership of JES will transfer to Visser & Smit Hanab, a subsidiary of Royal VolkerWessels Group. JES is a specialist in complex medium and high-voltage applications.
Click here […]
This short article discusses the plans of the Dutch government to prohibit the generation of electricity by means of coal. This plan is laid down in a consultation version of the ‘Act prohibition on coal for electricity production’ and provides for grace periods until the end of 2024 for the two oldest coal-fired power plants and […]
Stek successfully represented German entities Beacon and Catana in appeal proceedings before the Amsterdam Court of Appeal on the unlawful termination of a loan agreement in the amount of EUR 2 million by Japanese Nissui Group. The Amsterdam Court of Appeal nullifies the judgment of the Amsterdam District Court and rules that no event of default […]
Stek has successfully represented distribution company Liander in the objections procedure initiated by VEMW (the Association for Energy, Environment and Water) against the decision of the Authority for Consumers and Markets (ACM) setting the electricity connection and transportation tariffs of Liander for 2018.
By decision of 25 May 2018 ACM ruled the objections of VEMW partly […]
We are pleased to announce that Gwenn Korteweg joined Stek as an associate in our Corporate group. Gwenn advises private equity firms, corporates and financial institutions on mergers and acquisitions, restructurings and other corporate law issues. Before she joined Stek in May 2018, Gwenn was an associate in the Corporate M&A group and the Capital Markets […]
We are pleased to announce that Katinka van den Brink joined Stek as an associate in our Finance group. Katinka is specialised in finance, securities, restructuring and insolvency. Before she joined Stek in May 2018, Katinka was an associate in the Financial Markets group of Houthoff for 5.5 years. Welcome Katinka!
Stek advises Egeria and its portfolio company Ilionx on the acquisition of a majority interest in QNH, a Netherlands-based company that specialises in IT business integration. QNH helps organizations to adjust and improve their business operations through the use of smart IT solutions. The company employs 470 people in Dutch offices in Amsterdam, Maastricht, Groningen, Eindhoven […]
Stek assisted Rabobank in the sale of payments service provider MyOrder to Ease2pay. Ease2pay N.V. (via its subsidiary Ease2pay B.V.) combines forces to accelerate the mobile payment & loyalty market. Ease2pay and MyOrder are currently active with a mobile tank and parking solution and after a period of intensive consultation with Rabobank it has been decided […]
After the nice rankings and words in Chambers Europe 2018 (click here for the news release of 8 March 2018) clients and peers are also full of praise for Stek in the 2018 edition of the prestigious legal directory Legal 500. Stek has again been ranked for all its practice areas and a large […]
Stek has successfully represented grid operator Liander in a dispute before the Authority for Consumers and Markets (ACM) pursuant to a complaint submitted by Notos Wind. Notos Wind argued that it has the right to a connection of more than 2 MVA to the local distribution grid. Liander has explained that connections of more than 2 […]
Together with other leading law firms across the globe we have contributed to the “International Comparative Legal Guide to the Enforcement of Foreign Judgments 2018.” This guide comprises 2 general chapters and 36 country reports. Our chapter provides a practical cross-border insight into the recognition and enforcement of foreign judgments in the Netherlands. Please click […]
This short article discusses the objectives of the government and the negotiation format for the national climate agreement. This implementation of this agreement must start in 2019 and must lead to a reduction of CO2 emissions of 49% by 2030 compared to 1990 levels. A herculean task. The article was published on 9 April 2018 in […]
Airlines are able to offer more flights from Schiphol Airport this summer. The remaining capacity of flights at Schiphol Airport which was held back by Schiphol should be used this summer. That is what the District Court of Noord-Holland decided in a summary proceedings judgement started by Corendon, Easyjet and TUI. It involves around 2.700 flights. […]
On 8 March 2018 the Dutch House of Representatives adopted a bill pertaining to the establishment of the Netherlands Commercial Court (NCC). This special chamber of the Amsterdam District Court and Amsterdam Court of Appeal will specialise in hearing extensive trade disputes with an international aspect, using English as the working language. All political parties voted […]
Stek advises management of Portiva on the investment by Green Park Investment Partners. Portiva is an IT consultancy company with a strong focus on Microsoft Productivity solutions. Portiva employs 65 specialists who advises large corporate customers in Europe on their digital transformation. Originally Belgian based Green Park Investment Partners does it second deal in the Netherlands […]
This short article discusses the SDE+ subsidy scheme for renewable energy. It was published on 12 March 2018 in the ILO series Energy & Natural Resources. Click here for the article.
In the 2018 edition of the authoritative directory Chambers Europe clients are full of praise for Stek: “Their industry knowledge is excellent and the advice is always appropriate, to-the-point, practical and thorough”. Stek is described as “great value for money” and praised for its collaborative approach with our clients (“so co-operative that they become a part […]
We are pleased to announce that Tom van den Bosch joined Stek as an associate in our Corporate group. Tom advises corporates, private equity firms and financial institutions on mergers and acquisition, joint ventures and general corporate law issues. Before he joined Stek, Tom was an associate in the corporate department of AKD. Welcome Tom!
Geo-blocking Regulation likely in force at the end of 2018
Two years ago, we already wrote in this blog that the European Commission was closely monitoring the practices in the e-commerce sector, in particular the geo-blocking practices of providers of goods and services. Combatting geo-blocking was high on the agenda of the European Commission, […]
Stek has successfully represented energy supplier Eneco in the appeal of easyEnergy before the Board of Appeal of the Dutch Advertising Code Authority. By decision of 22 February 2018 the Board of Appeal found the appeal of easyEnergy wholly unfounded and upheld the decision of the Advertising Code Committee of 22 December 2017 in which the […]
Stek is recommended in the 2018 edition of the Global Competition Review GCR 100:
“STEK takes pride in its robust competition litigation team despite being a full-service firm. The competition practice’s partner Jan Erik Janssen, who previously worked at Allen & Overy, and newly promoted partner Ruben Elkerbout together supervise a team of […]
Stek advises Clondalkin, part of private equity firm Egeria in the sale of Cats Flexible Packaging, Hänsel and Nimax to Schur Flexibles. Cats Flexible Packaging and Hänsel are specialized producers of packaging solutions for premium confectionary with locations in Rotterdam (the Netherlands) and Freital (Germany). Nimax is focused on innovative paper based solutions in the tobacco […]
We are pleased to announce that Max Hetterscheidt joined Stek as a senior associate in our Dispute Resolution group. Max is an expert in corporate and commercial Litigation & Arbitration. He regularly represents clients in cross border (arbitral) proceedings. Prior to joining Stek in February 2018, Max worked at Allen & Overy and Houthoff for 6.5 […]
Stek acted for the Ridder group in the sale of its subsidiary Ridder Data Systems to Trivest Software Group. Ridder Data Systems is a renowned ERP supplier in the manufacturing industry. Trivest is a portfolio company of private equity investor Nedvest. Please click here for the press release on the transaction.
Stek advises KION Group AG on the reorganization of its group-wide cash pooling. Click here for the press release.
This short article discusses the new Dutch government’s ambitious climate and energy initatives. It was published on 15 January 2018 in the ILO series Energy & Natural Resources. Click here for the article.
Housing corporation Ymere will green at least 8,500 rental homes in Amsterdam with solar panels and LED lighting. For this purpose, Ymere has made its roofs available to Iederzon. Iederzon has attracted financing for this project from BNG Bank as senior financier and from the municipality of Amsterdam and two crowdfund platforms, Zonnepanelendelen and Greencrowd, as […]
We are delighted to announce that Fleur Vlassak joined Stek as an associate in our Corporate group. Fleur advises private equity firms, corporates and financial institutions on mergers and acquisitions, restructurings and other corporate law issues. She regularly works with international law firms on cross-border transactions. Welcome Fleur!
Stek has successfully represented Eneco in a complaints procedure before the Dutch Advertising Code Committee. The complaint was directed against the advertising by easyEnergy. By decision of 22 December 2017 the Advertising Code Committee ruled that the advertising of easyEnergy is misleading and violates the Dutch Advertising Code and has advised easyEnergy to no longer advertise […]
We are delighted to announce that Linde Bremmer joined Stek as a senior associate in our Competition & Regulated Markets group.
Prior to joining Stek in 2017, Linde worked for six years at AKD and CMS Brussels. Linde litigates and advises on European and Dutch competition law, public procurement and sector-specific regulation. Welcome Linde!
Stek advises Elementis PLC (LON:ELM) in the sale of Elementis Specialties Netherlands BV to Swiss chemicals company Kolb Distribution, belonging to the Malaysian KLK group. Elementis Specialties has a plant in Delden, the Netherlands which employs 200 persons and manufactures surfactants and other specialty chemicals. The sale is subject to works council consultation and merger clearance. […]