Banking & Finance
Money is the lifeblood of companies, therefore businesses look for financing; and without profit as a goal, the same applies to non-commercial organizations. Financing is also key to most major transactions. A complicating factor is that the regulatory framework of financial markets is subject to constant change, especially in our transitioning constitutional scenario. How do you cope? What is the most effective way to arrange financing? What is the market practice?
VanEps Kunneman VanDoorne’s Banking & Finance team counsels its clients in the key areas of:
- Financing of mergers and acquisitions;
- Project finance;
- Trade and export financing;
- Lending and security documentation;
- Regulatory issues;
- Securities trade;
- Listings on the soon to be established Curacao Stock Exchange.
In addition, our team assists local and international banks and (credit) institutions, as well as many foreign financial institutions, on establishing offices in the Netherlands Antilles or Aruba, and on product development. The existing laws and regulations in the Netherlands Antilles and Aruba cannot always be directly applied to these new products. Our team has been instrumental in shaping legislation, as our lawyers work with both regulatory bodies and financial institutions on the drafting and implementation of legislation. Needless to say, commercial companies with daily financing requirements, regularly draw upon our team’s expertise.
Throughout VanEps Kunneman VanDoorne‘s long and distinguished history, the Banking & Finance team has been the unrivalled leader in home markets. It is the leading law firm according to Practical Law Company’s most recent edition of “The PLC Cross – Border Finance Secured Lending Handbook.
We are proud that our firm has been listed as a highly recommended law firm for the Netherlands Antilles in the area of finance, trusts and offshore and that partner Focco Lunsingh Scheurleer has been listed as the only recommended lawyer for the Netherlands Antilles in this area.
Recent experience- A bank in the financing of a multi million acquisition of an Aruban hotel
- A bank in the financing of the Aruba Holiday Inn
- A bank in the financing of the Santa Barbara Hyatt Hotel Project in Curacao
- AIB Bank syndicate in the financing of the Ritz-Carlton Aruba Hotel
- An international trust and management company in acquiring a Curacao trust company
- Banco Bilbao de Viscaja in refinancing of an Aruban hotel resort
- Credit Suisse in the financing of various Dutch Caribbean hotel acquisitions
- Delta Lloyd, the Dutch insurance company, on its sale of a mortgage portfolio to Arubabank
- RBTT Bank in the refinancing of the Aruban Divi Hotel Group
- Scotia Bank in the financing of the new Curacao Hyatt hotel project
- The financing of a condominium project in Aruba
