Maverick Advocaten wins court case on ACM fine for foreclosure auctions

Martijn van de Hel successfully defended a company in an appeal procedure at the court of Rotterdam against the fine of the Netherlands Authority for Consumers and Markets (ACM) for alleged collusion in foreclosure auctions. On 7 April 2016, the court of Rotterdam found that ACM had wrongly imposed a fine on this company. ACM did not succeed in demonstrating that the fined legal entity was involved in foreclosure auctions. According to the court, ACM could not attribute the alleged offense alternatively to another entity and fine this entity. Therefore, the court fully annulled the decision of ACM.

Click here for more information about the proceedings against real estate traders.

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Martijn van de Hel

T +31 20 238 20 02
M +31 6 21 210 853