Uitspraak
AMSTERDAM DISTRICT COURT
13 May 2025
Selecta Group AG,
Selecta Group B.V.,
Seagull Bidco Limited,
1.Procedural history
2.Background and facts
1 December 2020. Each of the deeds of pledge are governed by Dutch law.
(hereafter: the SPA) for the sale and transfer of the shares in Company. Execution of the SPA is made subject to this Court granting permission to sell the shares in Company to Purchaser.
3.The application
kosten rechtens).
4.Discussion
30 April 2025 Agreement (ref. consideration 2.12.) Pledgee, Parent, Purchaser and Company agreed to have all disputes and any proceedings resolved by the Amsterdam District Court following proceedings in English before the Chamber for International Commercial Matters (Netherlands Commercial Court or NCC District Court).
verzuim) under its financial instruments. Therefore, the Pledgee has the right to enforce the pledge(s).
23 September 2009, ECLI:NL:RBAMS:2009:BJ8848).
positiveto
negative, due to
weakened operating performance, [and] approaching debt maturities.