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Belgium
Osborne Clarke
The European Union has recognised the need for harmonised insolvency laws across its member states and has taken a significant step forward with the introduction of the new EU Restructuring Directive ((EU) 2019/1023).
Loyens & Loeff
On 1 September 2023, the reformed Belgian Insolvency framework entered into force. This reform amends Book XX of the Code of Economic Law by introducing new reorganisation proceedings and amending...
Altius
Belgium had accumulated a significant legislative backlog within insolvency law. The European Directive 2019/1023 on restructuring had to be transposed into national law by the member states by 17 July 2022...
Monard Law
No one has yet given their last word yet about the current financial environment.
Loyens & Loeff
The COVID-19 crisis has emphasised the importance of having performant insolvency proceedings. As of now, new measures are in force which aim to optimise the judicial reorganisation procedure.
Gil Robles - San Bartolome & Partners
Avec plus d'un an de recul depuis leur mise en place, on s'aperçoit aujourd'hui que la multiplication des régimes d'aides liées à la pandémie de COVID-19 crée différents problèmes juridiques tout à fait inattendus.
NautaDutilh
The Act of 19 March 2012, amending the Belgian Company Code with regard to the liquidation procedure.
European Union
Hogan Lovells
The Preventive Restructuring Frameworks Directive (EU) 2019/1023 is finally in force. Following its implementation into EU member states' national law
Hogan Lovells
The Recast Insolvency Regulation 2015/848 governs cross-border insolvency proceedings within the European Union
Hogan Lovells
The recently published report on the evaluation of the ESUG, the German law to facilitate the restructuring of companies, states that the changes introduced by the ESUG have been received...
Dentons
The reformed Belgium Insolvency Law adopted in 2017 eventually came into force on 1 May 2018.
Van Bael & Bellis
Contrary to Portuguese law, the application of Luxembourg law would not have resulted in the termination of the pending lawsuits.
Van Bael & Bellis
In doing so, the Supreme Court rejected the argument put forward by the defendants that it had equated the requirement for criminal intent with a mere violation of the fiduciary duties of the directors.
Van Bael & Bellis
On 13 July 2017, the Chamber of Representatives of the federal Parliament adopted in plenary session the Bill introducing a new Book XX "Insolvency of undertakings" into the Code of Economic Law ...
Van Bael & Bellis
On 18 January 2017, nearly three years after its entry into force, Regulation 655/2014 of 15 May 2014 establishing an EAPO procedure to facilitate cross-border debt recovery in...
Van Bael & Bellis
On 4 December 2014, the Court of Justice of the European Union answered a preliminary question from the Landgericht Darmstadt in the case H. vs. H.K. (Case C-295/13).
Van Bael & Bellis
On 12 December 2012, the European Commission submitted a proposal for a Regulation to amend Regulation (EC) No 1346/2000 on insolvency proceedings.
Worldwide
Hogan Lovells
Just in time for Chinese New Year, a Hong Kong court has taken a major step forward in the developing law on cross-border insolvency by recognising ...
Hogan Lovells
On 25 September 2019, the Ukrainian Parliament brought into force law No. 112-IX (the "Law"). The purpose of the Law is to correct deficiencies in existing legislation and further promote
Hogan Lovells
In 2016, the insolvency and bankruptcy landscape in India was radically overhauled by the introduction of the new Insolvency and Bankruptcy Code (IBC).
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