1. These General Terms and Conditions apply to all assignments to Pennec Legal Consultancy (“PLC”) accepted by PLC.
  2. If, in the course of an assignment, an event occurs that could lead to any liability on the part of PLC, such liability shall be limited to the amount that is paid out in that specific case under the professional indemnity insurance of PLC, increased by the amount of the applicable deductible (eigen risico).
  3. If PLC is liable for damages to persons or property, such liability shall be limited to the amount paid out in that specific case under the general professional corporate liability insurance of PLC, increased by the amount of the applicable deductible (eigen risico).
  4. If, for whatever reason, no amount is paid out under either of the abovementioned insurances, the liability of PLC shall be limited to the fees charged in respect of the relevant matter.
  5. PLC may engage third parties to effect the assignment. Sections 7:404 and 7:407 subsection 2 of the Dutch Civil Code (Burgerlijk Wetboek) are herewith excluded. PLC is not liable for any acts or omissions of third parties. By instructing PLC, the client gives PLC authority to accept on behalf of the client a limitation of liability stipulated by such person. PLC excludes any and all liability that is in any way connected with the insolvency of any third party.
  6. Claims for damages shall expire after a period of one year from the day following the day on which the client became aware or should have become aware of the damages and of the potential liability of PLC.
  7. All our invoices are to be paid within 21 days after the date of issuance in accordance with the conditions and the currency so mentioned on the invoice, unless otherwise agreed in writing. PLC may invoice you on a monthly basis.
  8. A client that has not timely paid the amounts due will be in default by law.
  9. Out of the amount paid, PLC is entitled to first settle the costs of collection, then the interest due and finally the outstanding principal amount and current interest.
  10. In case any invoice is not, or not timely, paid by the client, PLC shall be entitled to suspend or terminate its services for the client. This shall not affect the client’s obligation to timely pay any outstanding invoices and any invoices that are yet to be submitted.
  11. Pursuant to applicable legislation (including the Act on the Prevention of Money Laundering and Terrorist Financing (Wet ter voorkoming van witwassen en financieren van terrorisme), PLC is obliged to verify the identity of its clients and to report certain unusual transactions to the authorities in certain circumstances. By instructing PLC, clients confirm that they are aware of this obligation and give their permission, insofar as this is required.
  12. Dutch law shall govern the legal relationship between PLC and its clients.
  13. PLC is registered as sole proprietorship in Amsterdam with the Trade Register under no. 56828128.