For standBystand, LXA successfully handled multiple equity financing transactions with multiple investors
LXA advised the shareholders of Elcee Group on het sale to investment company Gilde Buy Out Partners (majority stake) and members of the management of Elcee Group.
LXA advised the shareholder of Rovers Medical Devices, a manufacturer of medical products for cervical cancer research, on het sale of a majority stake to the Belgian-Dutch private equity house Smile Invest.
A LXA client is confronted by the Dutch tax authority with significant payment arrears. As a result, the authority is foreclosing and announcing an execution sale. In addition to the initiation of an opposition procedure, there is also consultation with the collector of the tax authorities. As a result, the foreclosure sale is cancelled and a workable solution is reached for those involved.
On 2 January 2019, a company of one of LXA's relations is declared bankrupt by default. Maurice Winkels and Ruben Herculeijns are asked by the board to investigate the possibilities of opposition and subsequently to also file a statement of opposition. The opposition succeeded. The bankruptcy was annulled by judgment of 24 January 2019.
In 2019, the Commercial Contracts team, of LXA The Law Firm assisted 8 starting franchise formulas in drawing up the relevant contracts.
LXA advised project developer Boelens De Gruyter on the sale of the KPN building (including the monumental former post office) in Venlo to the municipality of Venlo. The building is still largely in use by KPN and KPN has until 2023 a right of leasehold. The transfer of title of the building to the municipality of Venlo shall take place on 1 January 2024. From 2019, the municipality of Venlo has rented part of the building (the former post office) for Museum Van Bommel Van Dam. LXA took care of the negotiations and contract documentation with both the municipality of Venlo and KPN.
For We4Sea, LXA successfully handled an equity financing transaction with ENERGIQQ as lead investor
In connection with the bankruptcy of Dutch Plastics Holding B.V., LXA led the sale of five group companies from the Dutch Plastics group. Dutch Plastics produces plastic packaging under the name Cups4You for the food industry and is engaged in bio-based food packaging.
Maurice Winkels, together with his team and that of his co-receiver, organised a controlled auction process in which a substantial number of (large) construction companies were given the opportunity to bid. After a long negotiation process an agreement was reached with Ten Brinke Group from Varsseveld.