14 May 2025
Directors’ Liability in a Start-up
There are more and more start-ups emerging, some of which unfortunately fail and go bankrupt. But how does directors’ liability apply to start-ups?
Read more
Every business is confronted with issues surrounding personal data.
Dealing with these data is strictly regulated in the Personal Data Protection Act (Wbp). These rules were tightened as of 1 January 2016.
An organisation may collect and process personal data only in accordance with the law. The level of protection that is considered suitable for this depends on the sensitivity of the data. It also depends on the way in which it is stored. The person to whom this data applies has certain rights. For example, they have the right to information about the use of their data and can require the data to be corrected if it is incorrect. Finally, the organisation may not keep the personal data longer than necessary.
One of the most important changes is the obligation to make notification about data leaks. The organisation is obliged to make a notification of an infringement in security to the Data Protection Authority, if there is a significant chance that there will be negative consequences for the protection of personal data. The affected people must also be notified of the infringement if the infringement will probably have negative consequences for their personal life as well.
In many cases, a business works together with another business to process personal data. This company is identified as the “processor”. The responsible person is obliged by the Wpb to ensure that the processor also observes the core conditions for the protection of personal data.
The Data Protection Authority can impose administrative fines for violations or if the responsible person acts in conflict with other obligations arising from the Wbp.
Therefore, it is necessary to ensure that every business which collects and processes personal data complies with the demands of the Wbp. Existing and new contracts must be examined with respect to this, and the organisational arrangements must also take into account the obligations arising from this Act. In order to be able to notify Wpb about a data leak immediately, the responsibilities and tasks should be clearly assigned in advance. GMW lawyers will be happy to assist you with examining points for improvement, your organisational arrangements and how to make agreements with your business partner regarding the processing of personal data.
GMW lawyers will be happy to help you with all your intellectual property issues. If you have any questions, please contact us directly using the enquiry form below or +31 (0)70 3615048. Our experts will be glad to support and advise you.
GMW lawyers will be happy to help you with all your intellectual property law issues. Do you have a question? Feel free to contact us.
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14 May 2025
Directors’ Liability in a Start-up
There are more and more start-ups emerging, some of which unfortunately fail and go bankrupt. But how does directors’ liability apply to start-ups?
Read more
9 April 2025
Understanding a contract
Every entrepreneur benefits from clear and enforceable agreements. But how should you assess a contract in general? Is there a step-by-step approach you can follow? In this blog, we share some tips to help you quickly understand and draft contracts.
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7 April 2025
Security rights in bankruptcy: the right of reclamation
It is common for a supplier to deliver goods to a customer without requiring immediate payment. In doing so, the supplier runs the risk that the customer will not pay or may even be declared bankrupt.
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27 November 2024
Disputing an invoice due to attributable breach
When a debtor believes an invoice is unjustified, they may dispute it. In this article, I will delve into disputing invoices.
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21 October 2024
A boost for businesses!
Recently, the House of Representatives in The Netherlands (de Tweede Kamer) adopted the Bill on Lifting Pledge Bans. With a minor amendment to Article 3:83 of the Dutch Civil Code, this law regulates that it is no longer possible to exclude the pledging of accounts receivable for financing purposes.
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22 August 2024
Foreign parties and litigation costs
In the Netherlands, we have the litigation costs order. If a lawsuit is lost, that party can be ordered to pay the legal costs.
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10 July 2024
Directors’ liability: ‘de facto director’
Dutch companies such as B.V.'s have their own legal personality and independently carry their rights and obligations. Directors can only be held personally liable for the debts of a B.V. under special circumstances.
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9 April 2024
Trust office foundations in the Netherlands
The phenomenon of converting shares into depository receipts for shares will raise many questions for the average entrepreneur. In this blog you will read the basic principles and some advantages and disadvantages of trust office foundations (Stichting Administratiekantoor or STAK) under Dutch law.
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5 March 2024
Buyout of minority shareholders
The advantages, requirements and bottlenecks of the forced buyout of the last 5%, the minority shareholders.
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