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Extension of approval and filing deadlines for financial data of Luxembourg companies

Alike other European countries, Luxembourg has adopted, in the context of the Covid-19 state of crisis, temporary measures. extended deadlines for filing and publishing financial data for commercial companies and regulated entities, among others.

Stibbe advises Avista Capital Partners

Stibbe advised Avista Capital Partners in the acquistion of a 50% stake in Vision Healthcare.

International Comparative Legal Guide to Restructuring & Insolvency 2020 - Belgium chapter

The Belgium Chapter of the International Comparative Legal Guide to Restructuring & Insolvency 2020 is online. Authored by Paul Van der Putten & Pieter Wouters, it covers key topics across 27 jurisdictions.

Stibbe contributes to the Financial and Business Crime Global Guide

Hans Van Bavel, Elisabeth Matthys and Ann Apers contributed to the Financial and Business Crime Global Guide. 

Le coronavirus en droit du travail

Jérôme Aubertin et David Buen Abad répondent aux questions de droit de travail les plus fréquemment posées suite aux développements récents face au coronavirus.

 

Temporary unemployment due to force majeure: extension of simplified procedures

On 7 May, 2020, the ONEM/RVA has modified its instructions: the simplified procedures for temporary unemployment due to force majeure resulting from the Covid-19 crisis can be applied up to and including 30 June, 2020.

Chômage temporaire pour force majeure : prolongation des procédures simplifiées

Ce 7 mai 2020, l’ONEM a modifié ses instructions. La procédure simplifiée pour la mise en chômage temporaire pour force majeure en raison de la crise du Covid-19 est prolongée jusqu'au 30 juin 2020.

COVID-19: fast-forwarding competition law

Competition authorities are temporarily ‘green-lighting’ certain collaboration initiatives to safeguard the supply of essential products in light of the COVID-19 outbreak.

Marc Fyon and Viktor Pokorny authored two articles on the new Belgian Companies Code

The two in-depth analyses examine, respectively, the impact of the reform on the governance of financial institutions and on financial transactions, and the new form of limited company ("Société à responsabilité limitée"/"Besloten vennootschap").

Financial difficulties due to the coronavirus: what about taxes?

In the context of the coronavirus the Belgian tax authorities have issued aid measures concerning taxation with the aim of supporting enterprises and natural persons facing financial difficulties. This short read, provides an overview of these measures.

Coronavirus and insurance

The coronavirus will impact almost all aspects of the insurance sector and will trigger many insurance policies. It is important to analyse your insurance policy terms and conditions and to determine whether and to what extent you are covered.

Bill of law on interest and royalties paid to non-cooperative jurisdictions

The Luxembourg Government proposes to introduce the non-deductibility of interest and royalties expenses of a Luxembourg taxpayer towards collective entities located in a blacklisted jurisdiction.

Employment related questions with regard to the Coronavirus

The Coronavirus has an immediate impact on the employment situation of companies and employees. We provide an overview on the most important questions in this regard.

Tijdelijke werkloosheid – Maatregelen aangaande telewerk, physical distancing in essentiële en niet-essentiële bedrijven – Sociale verkiezingen

Elisabeth en Dieter bespreken tijdelijke werkloosheid ten tijde van Covid-19. Daarnaast verklaren ze de maatregelen aangaande telewerk en physical distancing in bedrijven, en gaan ze dieper in op de impact op de organisatie van de sociale verkiezingen.

Will the COVID-19 pandemic have an impact on financial covenants?

As it is expected that the coronavirus outbreak will negatively affect the operations of companies in a wide variety of sectors, any consequent breaches of financial covenants are likely inevitable.

Bijzondere volmachten in tijden van crisis: wat kan en wat niet?

Het advies van de Raad van State analyseert een wetsvoorstel voor speciale bevoegdheden tegen de verspreiding van COVID-19, met principes van bijzondere machten en kritische kanttekeningen. Verademing voor grondwetsliefhebbers tijdens lockdown.

Draft bill of law regarding certain payments to non-cooperative jurisdictions

Luxembourg's Government announces draft bill of law addressing interest/royalties payments to related entities established in a country or territory listed under the EU list of non-cooperative jurisdictions for tax purposes.

L'impact de la pandémie du Covid-19 sur l’exécution des marchés publics

La crise du Coronavirus impacte les marchés publics. Ceux-ci sont soumis à des règles particulières impliquant l’obligation pour les adjudicateurs d’indemniser les adjudicataires qui subissent les effets de cette crise.

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