News & Articles

22/06/20

Acting for and Against a General Partnership Before the Courts

The Code of Companies and Associations (CCA) abolished the joint venture (société momentanée/tijdelijke vennootschap) and the silent partnership (soci…

17/06/20

Einde coronabeschermingsregeling voor ondernemingen – de gerechtelijke reorganisatie als redmiddel ter vermijd…

`De regering voerde bij K.B. van 24 april 2020 een tijdelijke beschermingsregeling in om ondernemingen, die betalingsmoeilijkheden ondervonden te…

17/06/20

ESMA consults on new rules for Cloud arrangements

On 3 June 2020, ESMA published a Consultation Paper (“CP” which is available here) on draft guidelines for outsourcing to cloud service providers…

12/06/20

Royal Decree No 4: Introducing flexibility without losing sight of the rights of shareholders

Due to the COVID-19 pandemic and the measures taken to prevent the spread of the virus, various questions have been raised regarding the organisation …

02/06/20

Calculation of the Majority at Partner and Shareholder Meetings

Calculation of the majority at partner and shareholder meetings is not always easy. Fortunately, the Code of Companies and Associations (CCA) has clar…

27/05/20

How Silent Is the Silent Partnership

The silent partnership does not exist as a distinct corporate form in the new Code of Companies and Associations (CCA). This type of entity is now a v…

18/05/20

“Staakt het vuren verlengd – moratorium op faillissementen en uitvoeringsmaatregelen nog minstens tot 17 juni …

Op 24 april 2020 trad een moratorium op uitvoeringsmaatregelen vanwege schuldeisers en faillietverklaring of gerechtelijke ontbinding in wer…

15/05/20

Holding board meetings by video conference or teleconference

The Code of Companies and Associations (CCA) does not mention the possibility to hold board meetings by video conference or teleconference. Traditiona…

13/05/20

First Significant Amendments to the Code of Companies and Associations (CCA)

The Act of 28 April 2020 (the "Act") amends the CCA in order to align it to the requirements of the Shareholder Rights Directive (see the newslet…

05/05/20

Covid-19 – New temporary protective measures for enterprises in difficulty

The Federal Government has adopted new protective measures for enterprises affected by the COVID-19 crisis in the Royal Decree n°15 of 24 April 2020 (…

30/04/20

Update on B2B loan payment deferral and unilateral termination

28/04/20

Royal Decree number 15: Covid-19 crisis and suspension of execution

On the 24 April 2020, the Royal Decree number 15, regarding the temporary suspension in favour of undertakings of executive measures and other measure…

28/04/20

Covid-19: Un sursis temporaire de paiement pour les entreprises en difficulté

Dans le cadre de ses pouvoirs spéciaux, le gouvernement a pris un Arrêté royal n°15 instituant un sursis temporaire de paiement pour les ent…

24/04/20

Een algemene opschorting voor ondernemingen die getroffen zijn door de COVID-19-crisis

Vandaag, 24 april 2020, verscheen in het Belgisch Staatsblad het Koninklijk Besluit nummer 15 betreffende de tijdelijke opschorting ten voordele …

16/04/20

Covid-19: Duties and liabilities of directors in times of crisis

The health crisis we are experiencing and the restrictive measures adopted to limit its spread are and will be deeply affecting businesses. With all t…

13/04/20

COVID-19: Exceptional measures facilitating the functioning of corporate bodies in Belgium

Following the outbreak of the COVID-19 pandemic, a number of corporate entities are facing difficulty to organise their ordinary shareholders meetings…

10/04/20

Impact of the corona crisis on the legality of dividends

The corona crisis is putting the financial position of numerous companies under severe pressure. As a result, many companies are cancelling their plan…

10/04/20

Versoepelde regels voor algemene vergaderingen tijdens COVID-19-crisis

COVID-19 stuurt de organisatie van jaarvergaderingen flink in de war. Gelet op de dwingende veiligheidsmaatregelen is het zo goed als onmogelijk om fy…

03/04/20

Impact of Coronavirus on Belgian companies’ annual general meetings

Belgian authorities, like some of their European counterparts, have taken extreme measures to fight the spread of Covid-19, including restrictions on …

03/04/20

Belgian M&A in times of COVID-19 – How to mitigate uncertainty and unexpected delays?

The coronavirus (COVID-19) outbreak has created unprecedented and unseen challenges for M&A markets. The crisis abruptly interfered with virtually…