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WILLEMSTAD — The dismissal of Cesar Prince as director of Fundashon Wega di Number Kòrsou, the institution that monitors the selling of lottery tickets, is apparently unreasonable. In this respect, the summary proceedings judge decided this morning to allow him an advance on compensation.It regards a net amount, says Prince’s lawyer, Molly Steward of VanEps Kunneman VanDoorne.
Read more...WILLEMSTAD – Minister of Infrastructure Charles Cooper (MAN) and Anthony de Lima of data center project Curaçao Technology Center (Ctex) pushed the spade in the ground in Mahuma this morning for the first stone of the complex to be laid. The local contractor “Dusron Bouwbedrijf” has become the principal contractor of the construction project, which is expected to be completed in early 2013.
Read more...ROTTERDAM – Three years and seven months after the downfall of Lehman Brothers, the trustees of the bankrupt American merchant bank make their first payment to the creditors today. This is confirmed by two Dutch lawyers who are involved in the largest bankruptcy in history as trustees of former subsidiaries of Lehman Brothers. The downfall of the bank was the prelude to the worldwide financial crisis in 2008.
Read more...Recently Mayesi Hammoud became partner at her law firm VanEps Kunneman VanDoorne. The thirty-five year old lawyer runs a successful all round law practice, working on all the main islands of the Dutch Caribbean. Hammoud is a member of the Social and Economic Council (SER) and welcomed her first child last month. As a yu di korsou (child of Curacao) she is strongly committed to her community and volunteers actively in many local initiatives.
Read more...WILLEMSTAD-For the second time, law firm VanEps Kunneman VanDoorne organized an in-house day for students of the graduation class “VWO” (pre-university education) on Curacao. On this day, twenty-eight Curaçao students of various schools came to take a look to be informed about studying law.
Read more...WILLEMSTAD - On 20 March 2012 the Common Court of Justice of Aruba, Curaçao, Sint Maarten, and of Bonaire, Sint Eustatius and Saba confirmed the sentence of the Court of First Instance of Curacao of 25 May 2009 in which a civil-law notary, the Land Registry Office (Kadaster) and the Island Territory of Curacao were held liable for overlooking a mortgage registration on a parcel of land when the ownership of such parcel of land was transferred to a new owner.
Read more...ORANJESTAD - Thanks to the efficient jurisdiction of Aruba, the MV EMSTOR (registered in Gibraltar), MV JUMMETOR (registered in Portugal)and MV HILDE K. (registered in Antigua Barbuda) were successfully sold through judicial sales on 14 and 21 March 2012, on behalf of the mortgagees within weeks of placing the initial arrest.
Read more...ORANJESTAD - On March 15th, Elmar Director Robert Henriquez signed a contract for the refinancing of a total of 30 million dollars at a fixed interest rate of 5.75% percent (for the next three years). Of this amount 8.5 million dollars was borrowed additionally, and the remaining 21.5 million dollars already formed part of a loan the company has been repaying since 2002.
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