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 […]
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 […]
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 […]
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.
We are delighted to announce that Julie van der Touw joined Stek as an associate in our Finance group, specialising in finance, restructuring and insolvency. Julie advises financial institutions and corporates in financial transactions and regularly works with international law firms on cross-border financings. Prior to joining Stek, Julie worked at CMS. Welcome Julie!
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. […]
We are proud to announce that Ruben Tros has been appointed partner in our corporate practice group. Having worked as an M&A lawyer for years, Ruben has extensive experience in advising mainly private equity investors and corporates on mergers and acquisitions, restructurings and management participations. Clients see Ruben Tros as an enterprising and service-oriented lawyer who […]
Stek has been shortlisted in multiple nominations for the upcoming M&A Awards 2017. Following its nomination in 2016, Stek has again been nominated Best Dutch M&A Law Boutique. In addition, Frans Haak has been nominated Best Banking and Finance Lawyer and Michaël Rijnja has been nominated Best Young Talent M&A. Click here to vote […]
Stek has assisted Afvalfonds Verpakkingen, the packaging waste fund of producers and importers, and AEB Amsterdam, the waste solutions provider, in devising their innovative co-operation. The long-term co-operation consists of a partnership for the post-separation of plastic packaging waste that is unique in the Dutch market. In this process Stek has worked closely and pleasantly with […]
Stek has advised Standard Investment on the financing of its acquisition of Riedel from dairy company FrieslandCampina. The senior financing is arranged by Rabobank and ING Bank and the mezzanine financing by Dutch Mezzanine Fund. Riedel has developed itself to become market leader in long-life and refrigerated fruit juices and fruit drinks. Press here […]
Stek advised Raiffeisen Bank International in the financing of the Hyatt Regency Amsterdam, a 5 star hotel in Amsterdam.
Stek has represented Transavia in a hearing before the General Court of the European Union in a state aid case relating to Transavia’s activities at Pau Airport in France. In October 2015 Transavia lodged an appeal against a European Commission decision, by which the Commission ordered France to recoup illegal state aid from Transavia that was […]
The Amsterdam Climate & Energy Fund (AKEF) has invested in the Amsterdam based startup Aectual 3D. Aectual 3D manufactures building elements (such as stairs, floors, columns, wall panels, etc.) using XL 3D print technology, which uses significantly less concrete and saves on CO2 emissions. For more information please click here.
American specialty paper manufacturer Neenah Paper, Inc (NYSE: NP) has acquired all shares in the capital of Coldenhove Papier, a Dutch paper manufacturer which was founded in 1661. Please click here for the press release.
Stek advises the Amsterdam Climate & Energy Fund (AKEF) and Titan LNG (a supplier of LNG to the marine and industrial markets in North West Europe) on the financing of Europe’s first LNG bunkering pontoon, the FlexFueler001. AKEF is an investment fund having the City of Amsterdam as largest investor, and providing […]
Amsterdam, the Netherlands – October 24, 2017 – ZyLAB, leading provider of innovative eDiscovery solutions, today announces that Amsterdam law firm Stek selects ZyLAB’s advanced technology to use in all its data-intensive projects. Stek deployed ZyLAB ONE eDiscovery earlier in a number of competition investigations and fraud-investigations in the healthcare sector. Click here for […]
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 has advised ING Bank on the financing of the acquisition by H2 Equity Partners of One Way Plastics. One Way Plastics is a developer and manufacturer of disposable piping bags for bakers and chefs. Press here for the press release.
Following the judgment of the Supreme Court of 26 June 2016 (ECLI:NL:HR:2016:1267) the appeal court in The Hague has rendered a landmark judgment in a dispute on municipal tax on encroachments on, over and under public land and water (precario). The dispute evolves around a tax assessment of EUR 544,695 imposed on distribution company Enduris by […]
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 […]
This short article discusses geothermal financing developments in de the Dutch markets. It was published on 25 September 2017 in the ILO series Energy & Natural Resources. Click here for the article.
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 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 has assisted HVC, KAS Energy and Eneco in obtaining merger control approval of ACM (the Authority for Consumers and Markets) for their participation in PVNED. Previously PVNED was owned in equal parts by PZEM (previously DELTA) and Eneco; after the transaction PVNED is owned in equal parts by Eneco, HVC and KAS Energy. Click […]
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 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 […]
Stek has advised Nordian Capital on the financing of its acquisition of De Jong Gorredijk from Noordelijke Participatie Maatschappij. The financing is arranged by ABN AMRO Bank. De Jong is a market leading product engineer and manufacturer of stainless steel hot water tanks. Press here for the press release.
E-Kite is a high-tech start-up company active in designing, manufacturing and marketing of kite power systems. For more information about E-Kite and its technology please refer to E-Kite’s website.