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Stibbe advises Basic-Fit

Stibbe assisted Basic-Fit, Europe’s largest and fastest growing fitness chain, in its placement of 5,333,333 new ordinary shares through an accelerated bookbuild offering.

COVID-19 and the Financial Markets

As COVID-19 spreads across the globe, companies face various legal issues related to the disease and its spread. These issues result in disruption to business, alongside the related regulatory and contractual implications. The crisis is severely affecting

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.

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.

Report of advisory committee on taxation of multinationals in the Netherlands

The Dutch Lower House of Parliament adopted a motion that called on the Government to initiate and set up a committee of experts to explore fair multinational profit taxation. A report was submitted to Parliament last Wednesday (15 April 2020).

Transposition of the Shareholder Rights Directive II into Belgian law

The Belgian Chamber of Representatives approved the Implementation Law to enact the Shareholder Rights Directive II into Belgian law. Awaiting ratification for enforcement.

New Royal Decree in relation to the organisation of the general shareholders’ meeting

The COVID-19 virus causes many disruptions in the everyday life but also raises questions concerning the organisation of the general meeting of shareholders, most importantly in companies with a widely dispersed share ownership.

Consumers and Sustainability: 2020 competition enforcement buzzwords

The ACM will include the effects of mergers on labour conditions in its review. It will also investigate excessive pricing of prescription drugs.

CDC/Kemira: Amsterdam Court of Appeal applies European principle of effectiveness to limitation periods

In a private enforcement case brought by CDC against Kemira, the Amsterdam Court of Appeal applies the European principle of effectiveness and rules that claims are not time-barred under Spanish, Finnish and Swedish law.

Den Bosch Court of Appeal revives damages claims in Dutch prestressing steel litigation

On 28 January 2020, the Court of Appeal of Den Bosch issued a ruling in the Dutch prestressing steel litigation.

No full judicial review of each document seized during dawn raid

Companies should keep a careful record of which documents the Belgian Competition Authorities seize during a dawn raid.

The ACM may cast the net wide in cartel investigations

Companies beware: the ACM may not need to specify the scope of its investigation into suspected cartel infringements in as much detail as expected.

Pay-for-delay: brightened lines between object and effect restrictions

In its first pay-for-delay case, the ECJ has clarified the criteria determining whether settlement agreements between a patent holder of a pharmaceutical product and a generic manufacturer may have as their object or effect to restrict EU competition law.

Most commonly used unregulated real estate investment vehicles in Belgium

On 1 January 2020, the mandatory provisions of the Code for Companies and Associations or "BCAC" entered into force. This article provides an overview of the main characteristics of the most commonly used unregulated real estate vehicles in Belgium.

Stibbe advises Constellium

Stibbe advises Constellium N.V. on its offerings of ordinary shares and notes and on its cash tender offers of notes.

Luxembourg tax measures relieving companies and self-employed individuals impact

The Luxembourg Government has announced a series of measures aiming at providing tax relief for companies and self-employed individuals in order to address the adverse economic impact of the Covid-19 crisis.

Legal trend: climate change litigation

The Urgenda case against the Dutch government sets a precedent for climate litigation. With similar cases pending, this blog offers updates on climate change litigation.

Climate change and sustainability - Environmental considerations for a sustainable business model

Climate change has become the most important sustainability issue of our time. Three major developments in the field of climate and sustainability inevitably affect the way businesses operate and how they move towards more sustainable business models.

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