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Supervision on bankers: banker’s oath and disciplinary law versus civil law

Supervision on bankers: banker’s oath and disciplinary law versus civil law

Additional supervision on the financial sector Various media recently reported on negative advice from the Council of State from 3 September 2014 in relation to a legislative proposal from the Minister of Finance, Jeroen Dijsselbloem. The minister’s proposal to (legally) impose disciplinary law on the financial sector was rejected by ... Read More »

Bidder in online auction not bound by error for now

Bidder in online auction not bound by error for now

On 25 June 2014 the forced sale of a business premises took place online with an ascending-bid session and descending-price session. After the starting bid had been set at € 514,000.00, the descending-price session took place, during which X agreed to the bid of € 550,000.00. Only after this did ... Read More »

Are you ready for the new Food Information for Consumers Regulation?

Are you ready for the new Food Information for Consumers Regulation?

On 25 October 2011 the Council and the Parliament of the European Union (hereafter: the EU) adopted Regulation 1169/2011 on the provision of food information to consumers (hereafter: Regulation 1169/2011). This Regulation has major consequences for anyone who supplies food to large caterers and consumers (‘end users’). This article discusses ... Read More »

European Commission starts consultation on exemption for insurance sector

European Commission starts consultation on exemption for insurance sector

The Block Exemption Regulation (the Exemption) which exempts certain agreements between insurers and reinsurers from the ban on cartels expires on 31 March 2017. The European Commission recently started a market consultation to investigate whether the insurance market still needs a sector-specific exemption from the ban on cartels. Based on ... Read More »

OLG Schleswig-Holstein: prohibition of sale via online platforms at odds with the ban on cartels

OLG Schleswig-Holstein: prohibition of sale via online platforms at odds with the ban on cartels

The Oberlandesgericht (OLG) Schleswig-Holstein, the appeal court of the German state of Schleswig-Holstein, ruled in a judgement of 5 June 2014 that Casio Europe (Casio) may not prohibit approved specialist photography shops from selling digital cameras via online platforms like eBay and Amazon. The OLG said the prohibition was at ... Read More »

European Commission: Car hire companies discriminate among customers

European Commission: Car hire companies discriminate among customers

The European Union attaches a great deal of importance to the equal treatment of EU citizens. In Directive 2006/123/EC the European Union published regulations for the provision of services on the internal market. An important point of departure of the Directive is that no distinction may be made between customers ... Read More »

Personal injury payment in the case of divorce (division of matrimonial property)

Personal injury payment in the case of divorce (division of matrimonial property)

If two persons are married in community of property and these two persons are divorced, the joint (matrimonial) property has to be divided between the (former) spouses. That property includes in principle any personal injury payment that was made to one of the (former) spouses during their marriage. Assets that ... Read More »

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