INSOLVENCY Series | Episode 2: Identifying risks and preventive tools
IDENTIFYING RISKS OF INSOLVENCY AND PREVENTIVE TOOLS TO AVOID INSOLVENCY Insolvency proceedings, and in particular liquidation proceedings, should remain a last resort. Accordingly, the Belgian Code of Economic Law (“CEL”) contains several preventive mechanisms designed (1) to detect the risk of insolvency in due course, and (2) to take preventive measures to redress undertakings’ financial […]
Protect your Trade Secrets – Procedures, Measures and Remedies
In the first two episodes of our Trade Secrets Series we gave an introduction to the legal framework governing trade secrets in Belgium and explained in more detail the acts against which a trade secret holder can and cannot take action. In this third episode we will analyse the procedures, measures and remedies that can […]
INSURANCE LAW – IMPORTANT CHANGES AHEAD
INSURANCE LAW – UPDATED RULES ON CONTRACT RENEWAL AND TERMINATION AHEAD On 5 October 2023, the Belgian Federal Parliament passed a draft law adapting the rules on (almost all) non-life insurance policies’ renewal and termination (the “Law”). This Law will come into force on the first day of the 12th month following its publication in […]
Simont Braun assists ROCKWOOL Group with divestment of ETABLISSEMENTS CHARLES WILLE et CIE
Simont Braun assists ROCKWOOL Group with divestment of Belgium-based distribution company ETABLISSEMENTS CHARLES WILLE et CIE Simont Braun successfully assisted ROCKWOOL, a world leader in isolation materials, with the divestment of its Belgium-based distribution company ETABLISSEMENTS CHARLES WILLE et CIE (Charles Wille). ROCKWOOL, a multinational world-leading producer of isolation materials, decided to divest Charles Wille […]
INSOLVENCY Series | Episode 1: Introduction
WHAT’S INSOLVENCY? The term « insolvency » is widely used, especially in these troubled economic times, but what does it mean exactly? Insolvency is a state of financial distress where an entity’s liabilities exceed its assets, making it difficult or impossible to meet its financial commitments. In the last few months, Belgian insolvency law has come to […]
Protect your Trade Secrets – Infringing acts, exempt acts, and exceptions
In the first episode of our Trade Secrets Series we gave an introduction to the legal framework governing trade secrets in Belgium. In this second episode we will explain in more detail the acts against which a trade secret holder can and cannot take action. The acts against which no action can be taken: the […]
Simont Braun assisted the shareholders of The Concept Group (TCOG) with the consolidation of its Belgian and Dutch activities
Simont Braun assisted the shareholders of The Concept Group (TCOG) with the consolidation of its Belgian and Dutch activities in TCOG Holding and the investment by ING Private Equity Simont Braun successfully assisted the shareholders and the management of TCOG, an IT service provider, with the consolidation of its Belgian and Dutch activities in TCOG […]
Empowering the European retail investor: unveiling the EU Commission’s new proposal for financial trust and transparency
The EU Commission recently published a draft proposal for a new omnibus directive, aiming at reinforcing and harmonising retail investor protection across the entire spectrum of financial services. Scope of application – Who’s affected? As an “omnibus directive”, the proposal is intended to affect several key pieces of EU legislation such as MiFID II, IDD, […]
Mesures pan-européennes anti-contrefaçon contre plusieurs défendeurs établis dans différents États membres de l’Union européenne
Mesures pan-européennes anti-contrefaçon contre plusieurs défendeurs établis dans différents États membres de l’Union européenne En bref Par arrêt du 7 septembre 2023 (Beverage City Polska, C-832/21), la Cour de Justice de l’Union Européenne (CJUE) a jugé que plusieurs défendeurs établis dans différents États membres de l’UE, tous accusés d’avoir commis le même acte de contrefaçon […]
Protect your Trade Secrets – General Introduction
Protect your Trade Secrets – General Introduction The legal framework governing trade secrets in Belgium has changed significantly with the adoption of EU Directive 2016/943 of 8 June 2016 on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure (“Trade Secrets Directive”). The Trade Secrets Directive was […]
Accords de Recherche et de Développement (R&D) – Nouvelles règles et période transitoire
| Accords de Recherche et de Développement (R&D) – Nouvelles règles et période transitoire Depuis le 1er juillet 2023, un nouveau règlement est en vigueur au sujet de l’exemption par catégorie des accords de recherche et de développement (R&D) (Règlement 2023/1066 de la Commission du 1er juin 2023 relatif à l’application de l’article 101, paragraphe […]
Nouvelles règles de recouvrement amiable de dettes en Belgique – Il est temps de changer vos Conditions Générales.
| NOUVELLES RÈGLES DE RECOUVREMENT AMIABLE DE DETTES EN BELGIQUE – IL EST TEMPS DE CHANGER VOS CONDITIONS GÉNÉRALES. Vous êtes une entreprise confrontée à des factures impayées par des consommateurs ? Que pouvez-vous faire à la lumière des nouvelles règles belges en matière de recouvrement amiable de dettes des consommateurs ? À partir de […]
