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Stibbe advises Azerion

Stibbe advises Azerion on its business combination with European FinTech IPO Company 1 B.V. (EFIC1), a SPAC listed on Euronext Amsterdam, pursuant to which Azerion will become a public company with an initial enterprise value of €1.3 billion.

Stibbe advises Mambu

Stibbe advised Mambu, a market-leading, modern SaaS banking platform on raising €235 million in an EQT Growth-led Series E funding round, which is the largest financing round to date for a banking software platform.

Digital Law Up(to)date: Display of advertising messages in electronic inbox similar to real emails constitutes unsolicited communication

On 25 November 2021, the Court of Justice of the European Union ruled that the display in the electronic inbox of advertising messages in a form similar to real email constitutes an unsolicited communications.

Digital Law Up(to)date: EDPB adopts statement on EU Digital Services Package

On 18 November 2021, the European Data Protection Board (“EDPB”) adopted a statement on the Digital Services Package proposed by the Commission. The Package refers to a number of legislative proposals aiming at the further use and sharing of data.

Digital Law Up(to)date: Purchasing a prepaid mobile phone anonymously is no longer possible

The Belgian Constitutional Court has validated the law of 1 September 2016, removing the possibility to buy a prepaid mobile phone card anonymously.

Stibbe advises Goldman Sachs Asset Management

Stibbe advises Goldman Sachs Asset Management on the sale of its portfolio company Caldic to Advent International.

Europese Commissie herziet en verruimt een belangrijk staatssteunkader: consultatie wijzigingen AGVV geopend tot 8 december 2021

De Europese Commissie zet in op meer staatssteun voor innovatieve ondernemingen en duurzaamheid. Dit blijkt uit de voorgestelde wijziging van de Algemene groepsvrijstellingsverordening waarover tot 8 december a.s. een consultatie loopt.

European Strategy for Data: Analysis of the proposed regulation of data governance

On 25 November 2020, the European Commission published a proposal for a regulation on data governance and a related Q&A. On 1 October 2021, the Council of the European Union agreed position on the Data Governance Act.

International Comparative Legal Guide to Restructuring & Insolvency 2021 - Belgium & Netherlands chapter

The ICLG to Restructuring & Insolvency 2021 covers common issues in restructuring and insolvency, incl. issues that arise when a company is in financial difficulties, restructuring options, insolvency procedures, tax, employees and cross-border issues.

Draft bill on Expedited Liquidation Transparency presented

The draft temporary bill on Expedited Liquidation Transparency presented by the Dutch Minister of Justice on 28 June 2021 aims to increase transparency, improve protection of creditors and reduce the risk of abuse.

Towards a European legal framework for the development and use of Artificial Intelligence

Back in 2014, Stephen Hawking said, "The development of full artificial intelligence could spell the end of the human race."

One year of Schrems II: a state of affairs for international data transfers

International data transfers have been the subject of intense debates ever since the Court of Justice issued its landmark judgement of Schrems I, on 6 October 2015.

Online platforms and uploading of protected works: a priori no liability for operators of online platforms

In a judgment dated 22 June 2021, the CJEU clarifies the liability framework of online platform operators when content protected by copyright is uploaded by platform users.

Stibbe advises Novy

Stibbe assisted the shareholders of Novy with the sale of their shares to the American group Middleby.

Stibbe advises Insight Venture Partners

Stibbe advises New York private equity house Insight Venture Partners on the sale of its equity stake in Harver to Outmatch / Rubicon Technology Partners. US co-counsel: Willkie, Farr & Gallagher.

Good things are worth waiting for: new law amendments in force for companies in difficulty

The long-awaited new law amending Book XX of the Code of Economic Law and the Income Tax Code 1992 just came into force. This replaces the "COVID-moratorium" and creates the possibility to restructure a company through a “preparatory agreement”.

Stibbe advises Blackstone

Stibbe assisted Blackstone with the acquisition of Desotec.

Digital Law Up(to)date: Belgian DPA asks for clearer justification of the Covid Safe Ticket (CST)

The Belgian Data Protection Authority (DPA) has delivered its opinion on two draft cooperation agreements (one legislative agreement and one implementing agreement) relating in particular to the extension of the scope of the Covid Safe Ticket (CST).

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