News & Insights

Looking back on the masterclass Performance Management & Reorganization

News & Insights |

Last month, our colleague, Mr. Didi Wildeman, provided a multi-day masterclass on Performance Management & Reorganization to HR managers and executives. She provided this masterclass together with HR consultant Edmina Strickx. The program was positively received by the participants, partly due to the enthusiasm of the trainers and the interactive approach. One of the aspects that […]

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What legal consequences can an interim price increase have for you as an entrepreneur?

News & Insights |

Circumstances – that you did not anticipate – can lead to you as an entrepreneur being confronted with higher costs that exceed the agreed price agreement that you have made. As an entrepreneur, these sudden cost increases can have various legal consequences, depending on the specific circumstances and the agreements that you have made with […]

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The New Caribbean Guilder: Strengthening Curacao's Economic Future

News & Insights |

Our island has embarked on an exciting journey towards economic development through the introduction of the New Caribbean Guilder (NCG). This article aims to explore the significance of the NCG for Curaçao, its potential benefits, challenges and long-term implications for the country’s economic stability and growth. As a result […]

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New crypto law passed by European Parliament

News & Insights |

Cryptocurrencies have become increasingly attractive to many investors in recent years. However, the lack of regulation in the crypto market has raised concerns about the potential risks and dangers for consumers. In response to these concerns, the European Union has announced that starting in 2024, crypto companies will have to meet strict requirements in order to obtain a license to trade in the

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Supreme Court: Providing information to third parties in civil proceedings

News & Insights |

In its ruling of 21 April 2023, the Supreme Court answers the question of whether judicial authorities must provide information about civil proceedings to third parties. The case concerns the content of a request from a lawyer to the clerk of the court. The lawyer requested information about a party to a procedure that was brought before the court in

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The Court of First Instance of Curaçao dismisses claim for damages due to prescription

News & Insights |

In a recent ruling by our Court of First Instance, the limitation period of a legal action is once again examined. Most people are familiar with the term limitation. The problem that currently plays a role in limitation is the question of when the limitation period begins to run (and therefore ends). In this case, the plaintiff claims damages because

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SVB: Unilaterally changing employment conditions

News & Insights |

The Social Insurance Bank (hereinafter: SVB) is responsible for implementing national health insurance in Curaçao. Due to the financial results of 2020 and the economic situation on the island, in which the government is going to cut back on employment conditions, the SVB is obliged to apply cutback measures. The management has therefore asked the service group members whether they

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Online Gambling: Who is liable for the payment of prize money?

News & Insights |

When some participants gamble in online casinos (operating under the 'sublicense' of licensees established in Curacao), the participants claim that the prize money won has not been paid out by the casinos. The claims of the participants have been transferred to a foundation (by assignment) whose purpose is to assist participants

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Supreme Court annuls Court of Appeal ruling regarding former SSC director

News & Insights |

The appeal proceedings between former director of the Studiefinanciering foundation, Margit de Freitas and SSC must be re-examined. The Supreme Court has annulled the judgment pronounced by the Joint Court on 23 November 2021. The central question in this case is whether de Freitas had permission from the

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