Meanings of stichting in English

Ahold's stichting was first introduced in 2003 and will expire in December 2018.

Other plaintiffs' firms, meanwhile, are pushing for VW to settle with all of its shareholders through the Dutch stichting process.

But a corporate defendant can enter global, opt-out shareholder damages settlements with special Dutch foundations called stichtings.

The result, Haazen predicted, will be that fewer big-money investors will sign up for stichtings pushing for global securities settlements.

It lists as its general partner Stichting Tilbourg Crossing, a Netherlands-based entity that the documents say was also part of the Odebrecht bribes structure.