Stibbe advises Nyobe NV

Matter
BE Law

Stibbe assisted Nyobe NV with its judicial reorganisation procedure with a view of transferring Nyobe’s activities under the court’s supervision, after Nyobe was confronted with a fiscal claim of 100 million euro.

Nyobe was facing enforcement measures by the Belgian fiscal authorities after the Supreme Court rejected Nyobe’s appeal. Stibbe was asked to find solutions to preserve the continuity of Nyobe’s operational activities. Nyobe being unable to pay the claim, Stibbe was asked to find solutions to preserve the continuity of Nyobe’s operational activities.