News & Articles

The perfect place for any legal or tax professional to keep abreast of everything that’s happening on the Belgian legal scene

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CMS has welcomed a new partner in its corporate and M&A practice in Brussels

CMS is pleased to announce that Philippe Hendrickx will join the Firm as a Partner as of 1 October 2024. Philippe specialises in corporate law, in particular mergers and acquisitio…

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Monard strengthens its Insolvency and Restructuring team

Monard law welcomes a new member to its Insolvency and Restructuring team. Jente Dengler has joined the firm as of October 1, 2024.

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Changement important concernant l’assujettissement à la loi anti-blanchiment des avocats qui ex…

Le Bâtonnier de l’Ordre néerlandais du Barreau de Bruxelles a récemment interrogé la CTIF sur l’éventuel assujettissement d’un avocat qui agit, pour une personne protégée, via un m…

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06/12/24
Directors can be held personally liable

Zoals in het eerste gedeelte van onze artikelenreeks over de afschaffing va…

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18/10/24
Private Equity Side Letters – Harmless Paper or Silent Power…

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Each day we publish several articles written by legal and tax specialists from law firms, notaries offices, the legal departments from payroll agencies and tax consultants.

It is the perfect way for lawyers at the Bar, in-house counsel, barristers, solicitors, notaries, bailiffs, paralegals and any other legal professional with an interest in Belgian and European law to keep informed of new legislative initiatives, case law, legal doctrine and all other legal developments on the Belgian legal scene!

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More News & Articles

Companies facing financial difficulties : duty of deciding

In a decision of 4 December 2008, the Court of Appeal of Brussels repeated the principles of directors’ liability in the event of unreasonable contin…

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Simplification of the administrative burdens on European public limited liability companies

A new European directive intends to reduce to a minimum the administrative burdens on EU companies seeking mergers or divisions, by simplifying or wa…

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Repercussions of the speciality requirement for companies

Contracts that do not have a profit objective, and which do not meet the corporate objectives of the company, are considered as void.

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The establishment of a foreign non-profit association in Belgium: the centre of operations

A foreign non-profit association that wants to be established in Belgium can open a so-called “centre of operations” without having to create a new l…

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New regulation for D&O insurance: 10pc deductible to be personally borne by the directors

Directors' and officers' liability insurance is not compulsory under German law,  but obviously as well the directors as their companies enter in…

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Implementation of the Payment Services Directive in Belgium

On 15 January 2010, the first of three acts transposing into Belgian law the Payment Services Directive or “PSD” (Directive 2007/64 of the European Pa…

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Des turbulences du Secret bancaire...

A cette époque de l’année, beaucoup de Belges vont traditionnellement remplir leur portefeuille au-delà des sapins, voire des montagnes. Mais le jeu e…

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An update on the disclosure of shareholdings in joint stock companies

On 16 July 2009 [1], the Belgian Chamber of Representatives adopted a draft law aimed at preventing the use of the financial system for the purpose …

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International Acquisition Finance in Belgium

Altius' banking & finance team contributed to a jurisdictional comparison of international acquisition finance. The volume provides counsel with a…

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New Belgian Rules on Financial Assistance

The Royal Decree of 8 October 2008 amending the Belgian Companies Code (“BCC”) has amended the rules on financial assistance. The new rules entered in…

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Cash payments: Limits set by anti money-laundering Law

In the current economic climate, suppliers ask to be paid in cash more and more often. Also, certain credit insurers are tightening their limits of co…

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The 2009 Belgian Code on Corporate Governance: major amendments

On March 12, 2009, the second edition of the Belgian Code on Corporate Governance was published (the “2009 Code”), superseding and replacing the first…

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Audit committee required for Belgian listed companies and financial undertakings

As of 8 January 2009, Belgian listed companies and financial undertakings are required to have an audit committee. The Law of 17 December 2008 on the …

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Publication Formalities for Belgian Branches of Foreign Companies

A foreign company that opens a Belgian branch office must comply with certain publication requirements. However, all too often companies fail to compl…

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New Belgian Legislation - Continuity of Enterprises Act

The new Act aims to safeguard the continuity of enterprises by offering entrepreneurs several options if they run into (financial) difficulties, via a…

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Audit committee in listed companies and financial institutions

The legal recognition of the audit committee aims to promote high quality financial information. Nevertheless the strengthening of the independence cr…

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New rules on financial assistance: the end of the prohibition

The Royal Decree of 8 October 2008 amending the Belgian Companies Code (“BCC”)[1] has substantially amended the rules on financial assistance. These n…

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Redemption of shares: less stringent restrictions

The Royal Decree of 8 October 2008 amending the Belgian Companies Code [1] has amended the rules on redemption of shares by a company. They will enter…

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The contribution in kind: has the auditor been set aside?

The Royal Decree of 8 October 2008 amending the Belgian Companies Code [1] has partly amended the rules on the contribution in kind. They will enter i…

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The ‘Renault Act’ ten years on: company restructurings and social plans, what are the trends in Belgium?

The law firm Claeys & Engels has just published a study concerning company restructurings and social plans. The study is based on 216 collective b…

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