Private property in the Netherlands is well protected. Judiciary is independent from the executive power, and there is little evidence of corruptive practices or improper influences within it. However, judicial processes could be long, which undermines effectiveness of the contract enforcement. Cases to judges are assigned manually, and courts use few automation processes. There is a specialized chamber within the civil courts dedicated to business disputes, the Enterprise Chamber, which is to open an English language chamber, while the National Commercial Court will offer the opportunity to litigate in English instead of only Dutch. On the other hand, bankruptcy procedures are very effective, with expedient procedures and recovery rates reaching almost 90%. Most bankrupt companies are
sold as going concerns in order to maximize pecuniary proceedings. Registering property, as a major prerequisite for its legal protection, is a fast and a reliable procedure, due to the service of professional public notaries. Dutch Cadastre, Land Register and Mapping Agency offer efficient and transparent public services. However, transfer tax is as high as 6%, which poses a significant burden, even leading to a decrease in workforce mobility. Expropriation of corporate assets or private property is very rare, only used in special cases, for which a special act of Parliament is necessary. There are a few limitations to foreign ownership in industries considered as strategic (transportation, energy, finance, media, etc.). The new law on the process of investor screening in the telecommunication sector is expected to become active in the late 2018; investor screening in strategic sectors of the economy could become a more important process due to screening framework proposed by the EU.