Global rise of Buy Now Pay Later: state of play in Belgium
Deferred payment methods, often called “Buy Now Pay Later (“BNPL”) solutions”, allow customers to acquire goods immediately while spreading the payment of the purchase price over time. The interest for consumers is obvious and consists in softening the impact of a purchase on one’s finances. For merchants, the solution is also advantageous. It allows them […]
Covid-19 vaccines: AstraZeneca did not make its “best reasonable efforts”
Simont Braun is proud to represent the European Commission and the 27 Member States in the judicial proceedings against AstraZeneca to deliver millions of Covid-19 vaccine doses. On 18 June, the Brussels French-speaking Court of first instance ruled that AstraZeneca grossly and intentionally breached its agreement with the EC. It ordered the company to comply […]
Simont Braun welcomes a new tax team
Simont Braun is delighted to announce the appointment of Thomas Gernay as partner and Guillaume Delfosse as counsel in our tax department. They will develop the tax practice together with Jacques Malherbe, of counsel. Thomas Gernay (partner) and Guillaume Delfosse (counsel) “We are pleased to have Thomas and Guillaume on board to lead the development […]
The European Commission vs. AstraZeneca – What will happen in Round 1?
Simont Braun is proud to represent the European Commission and the 27 Member States in the judicial proceedings against AstraZeneca for the delays in supplying millions of Covid-19 vaccine doses. (see our previous press release here). Today, Simont Braun is pleading before the French-speaking court of first instance of Brussels in the emergency proceedings. In […]
Pièges de la procédure : la Cour de cassation étend la théorie de la concentration des moyens
L’avocat qui oublie d’invoquer certains arguments dans ses conclusions peut-il se rattraper dans la suite de la même instance après le prononcé d’un jugement définitif ? La Cour de cassation semble étendre l’application de la théorie de la concentration des moyens, consacrée par le nouvel article 23 du Code judiciaire relatif à l’autorité de la chose […]
Simont Braun assists the European Commission against AstraZeneca
Simont Braun is proud to represent the European Commission and the 27 Member States in the judicial proceedings against AstraZeneca for the delays in supplying millions of Covid-19 vaccine doses. The action is based on the breach of the contract terms and the lack of a reliable strategy by AstraZeneca to timely ensure the delivery […]
EU Recovery Prospectus – A new temporary short-form prospectus for secondary issues of shares
To support the recovery from the COVID-19 pandemic, the EU has introduced a new temporary short-form prospectus for certain types of issuers (the EU Recovery Prospectus). This measure aims at helping such issuers raise equity as quickly and with as little administrative burden and costs as possible. The EU Recovery Prospectus is enacted in the […]
The Code of Good Governance: a new toolkit for entrepreneurs and SMEs
On 19 March 2021, UCM and UNIZO published a Code of Good Governance. The Code of Good Governance is presented as a corporate governance “toolkit” for entrepreneurs and SMEs to create awareness on the importance of sound corporate governance to be competitive, effective and resilient. General principles The Code of Good Governance (available here in […]
Privacy rulings in Belgium soon?
A bit of context The world we live in is growing ever more complex and so is the regulatory landscape. Companies and businesses are subject to multiple layers of rules and finding one’s way across these technicalities can be both burdensome and expensive. At the same time, regulatory breaches can lead to harsh consequences. In […]
New support measures for enterprises in difficulty: highlights from the Law of 21 March 2021
In the COVID-19 context and in light of the moratorium on bankruptcies ending on 31 January 2021, a new law has been adopted to further support enterprises facing financial difficulties. The law of 21 March 2021 amending Book XX of the Code of Economic Law (the “CEL”) and the Income Tax Code 1992 (the “ITC […]
Liber Amicorum Paul Alain Foriers | Le monde juridique rend hommage à Paul Alain Foriers
Le Liber Amicorum Paul Alain Foriers honore une carrière exceptionnelle, entre tradition et pragmatisme. Avocat à la Cour de cassation, professeur ordinaire émérite à l’Université libre de Bruxelles, Paul Alain Foriers a inspiré et profondément marqué plusieurs générations de juristes. Collègues, confrères, magistrats, assistants et anciens étudiants ont souhaité exprimer leur reconnaissance, leur estime, et […]
Diminution temporaire de la TVA à 6% pour le secteur de la construction : comment en bénéficier ?
La crise corona a frappé l’économie belge de plein fouet. Le secteur de la construction n’a pas été épargné et connait une baisse substantielle de son chiffre d’affaires. Dans ce contexte, la loi-programme du 20 décembre 2020 permet de temporairement appliquer un taux de TVA réduit à 6% : qui peut en bénéficier, pour quel […]