Key areas of practice:

Litigation

Jeroen Stal has built a strong position as a banking litigator for over 25 years. He acts for major Dutch and German financial institutions and for companies facing distress. His experience includes the duty of care and liability of banks, the termination of credit facilities, enforcement of security rights, attachments, bank guarantees, and complex corporate liability matters. His practice includes insolvency issues, corporate litigation and acting as arbitrator and counsel in international and domestic arbitrations.
Jeroen lectures regularly on matters of corporate and insolvency law to fellow practitioners as well as to bank employees. He is editor of the a Dutch journal for contract law (ORP) and a regular contributor to the Dutch journal for insolvency law (Rechtspraak Insolventierecht).
To complement his work, Jeroen holds positions as non-executive board member of a bank and as chairman of the board of several charitable institutions.

Highlights

• Representing a guarantee fund in the social housing industry in litigation over a claim for compensation based on an alleged breach of duty of care
• Representing a Dutch holding company in the mining industry in litigation claiming compensation for deprivation of its foreign investment (subsidiary) by a conspiracy of multiple parties
• Representing a Dutch bank in litigation seeking recovery under a suretyship. The court held that a board member of a commercial foundation acting as guarantor under a surety qualifies as professional guarantor ECLI:NL:RBOVE:2018:4717 (no appeal filed)
• Representing a Dutch bank in litigation against another Dutch bank over the character and execution of a multimillion dollar independent bank guarantee, eventually decided over by the Dutch Supreme Court (Hoge Raad) ECLI:NL ECLI:NL:HR:2015:600 and ECLI:NL:GHAMS:2017:3281
• Representing a Dutch bank seeking recovery under an over € 2 million credit facility, including the application for the opening of insolvency proceedings over a Dutch politically exposed person
• Representing a French holding company in the manufacturing industry as the pledgor of the shares it held in a Dutch subsidiary. The pledgee filed an application for the court’s consent to the forced sale of these pledged shares, which the pledgor disputed ECLI:NL:HR:2017:213
• Representing a German bank seeking recovery under a multimillion euro surety of a deceased individual, including the protection of the bank’s interest against claims by the Dutch tax authority and the public prosecutor
• Sale of a German real estate portfolio of over € 100 million out of insolvent Dutch real estate companies