Reinier advises national and international companies
reinier.russell@russell.nl +31 20 301 55 55
Running a business means taking risks. The biggest risk an entrepreneur can take is not to think about risks at all. But what is the best way to avoid them? And how can your outside corporate counsel assist you in this matter? Reinier W.L. Russell, Esq., managing partner at Russell Advocaten, explains.
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When a debtor refuses to pay despite reminders and demand letters, stronger measures will be necessary to secure a claim. One of the most effective instruments in Dutch debt recovery is attachment. How can a creditor secure such an attachment?
Under the Money Laundering and Terrorist Financing (Prevention) Act (Wwft), banks may be obliged to refuse a customer or terminate their relationship with them. This can also happen to charities. When is a bank permitted to terminate the relationship? And must a customer cooperate with a bank’s investigation?
The Transparency and Countering Undermining by Civil Society Organisations Act (Wtmo) imposed a number of new obligations on charities in the Netherlands. However, the Act has been rejected by the Dutch Senate on 24 March 2026 and will not enter into force.
Statutory directors enjoy less protection against dismissal, but there must still be reasonable grounds for the dismissal. Otherwise, the employer must pay fair compensation. This can be substantial, as a recent ruling has shown. Why was the employer required to pay this compensation?
Most business relationships run smoothly. Goods are delivered, services are provided and invoices are paid on time. Occasionally, however, a customer or business partner fails to pay. What can a creditor do in that situation?
Reinier W.L. Russell, LL.M. has published an article on The benefits of a works council for entrepreneurs in the “Off the record” section of Primerus Weekly on March 3, 2026. Below you will find the text of this article.
