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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.

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

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

 

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.

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.

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

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").

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.

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.

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.

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.

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.

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.

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.

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.

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.

Privacy issues are very pertinent in the fight against the coronavirus. Also in times of a global pandemic, general data protection restrictions must be respected. This section will focus on a number of considerations that can be taken into account.

On 21 March 2020, the Luxembourg Parliament voted to approve the law implementing the Council Directive (EU) 2018/822 which introduces disclosure obligations for intermediaries and taxpayers of certain reportable cross-border arrangements (the “Law”).