It is not about size
In many cases and for many clients, the size of a law firm is not of much importance. What is important may differ from client to client, however the following more or less general concepts will undoubtedly play a role: the attitude of the professional, the quality of the services provided, timely response, personal attention, the ability to stand in the client’s shoes, creativity and pricing.
Law firm marketing should therefore focus on the clients and not on the firm itself. Many law firms put too much emphasis on their size, the number of offices and the huge building they occupy, their international networks and their success stories. I have not really done any research into this, but I would be surprised if there are any law firms who mention and discuss their failures or cases lost, on their website.
It also seems somewhat silly to call oneself ‘dedicated’, because isn’t that what being a professional is all about? And if a law firm claims th...
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JUNIOR VERSUS SENIOR DEBT IN THE DUTCH CARIBBEANFrom: curacao-law.com
Post Date: 2008-03-10 21:00:35
High versus lower ranking debt
A corporate take-over can be financed with debt and/or equity. For example, the current management of a company (the target) could incorporate a corporate vehicle (Newco) to acquire the shares of the target, while Newco is financed by banks or other lending institutions.
Banks are typically senior debt holders, meaning that their debt is secured and/or has a higher priority than other debt, i.e. junior debt. Junior debt is a.k.a. subordinated...
more INTERNAL LIABILITY OF MANAGING DIRECTORS UNDER DUTCH CARIBBEAN LAWFrom: feeds.feedburner.com
Post Date: 2008-03-17 21:00:13
Review without the benefit of hindsight
The basic rule regarding the duty of a managing director is set forth in article 2:14 Netherlands Antilles Civil Code, which provides that each managing director has an obligation towards the company to perform properly the duties assigned to him. It follows from case law and legal doctrine that a managing director can only be held liable if serious negligence in the performance of his duties is attributable to him. Although a director could contractu...
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