Liquidation Preference, or: Who gets what and when?

Learn how liquidation preferences shape startup exits and can significantly impact founder returns. Understanding these terms helps founders and investors avoid surprises and stay aligned.
Legal 500 Guide: Investing in the Netherlands

We are pleased to share our contribution to The Legal 500 – Country Comparative Guides on Investing in the Netherlands, authored by Thom Schölvinck and Bart Dreef from our M&A team. This country-specific Q&A provides an overview of the laws and regulations applicable to investing in the Netherlands. It offers a practical insight into the […]
Wintertaling verwelkomt nieuwe M&A partner Joel Erwteman

Met trots kondigen wij aan dat Joel Erwteman zich per september 2025 bij Wintertaling heeft aangesloten als M&A partner. Met zijn komst versterken wij onze Corporate en M&A-team en bieden wij onze cliënten nog meer expertise bij transacties, governance-vraagstukken en commerciële contracten. Ervaring en achtergrond Joel beschikt over ruim twintig jaar ervaring in ondernemingsrecht, […]
Wintertaling – Bescherming in de SPA tegen ACM-onderzoek naar niet-meldingsplichtige transacties in M&A | Een praktisch kijk op de praktijk

AI-Gegenereerde foto Geschreven door Thédoor Melchers en Esra Koopman De M&A-praktijk in Nederland staat voor een belangrijke verandering. Door een recente wijziging van de Mededingingswet kan de ACM voortaan ook niet-meldingsplichtige fusies en overnames achteraf toetsen op misbruik van een economische machtspositie. Dit betekent dat transacties die onder de omzetdrempels blijven, alsnog kunnen worden onderzocht […]
New CLA Template from Capital Waters: An Updated View on Convertible Loan Agreements in the Netherlands

Source: Capital Waters Written by Tim Carapiet-Petit, Lisette Oosterveen and Bart Dreef As proud partners of Capital Waters, we are pleased to welcome the updated version of their Convertible Loan Agreement, as a meaningful contribution to the Dutch startup ecosystem. The CLA is available in two formats: a clean version for transactions and a detailed […]
HoldCo, OpCo and a License Agreement: The Architecture Behind Successful Startups

Learn how a smart HoldCo–OpCo structure protects your assets, limits risk, and attracts investors. A license agreement ensures IP is used safely and profitably within your startup.
Converting your startup into a BV

Thinking about converting your startup into a BV? Learn how to properly structure the transition, avoid legal pitfalls, and set your business up for growth, liability protection, and investor readiness.
Use of the BV

Curious if a BV is right for your startup? This blog explains when and why to use a BV, how it works, and what makes it the preferred legal form for serious growth and fundraising in the Netherlands.
Don’t prefer – arguments against stacking preferred rights

Stacking preferred rights like anti-dilution and liquidation preferences may protect investors, but taken too far, they can harm founders and future funding rounds. This blog explores why a balanced approach benefits everyone involved.
Legal structures 2025

Wondering how to legally structure your startup in 2025? This blog outlines the pros and cons of starting with a sole proprietorship or VOF, and when it’s time to switch to a BV for liability protection and growth.
