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MISES À JOUR

STEVEN DE SCHRIJVER AND OLIVIER VAN FRAEYENHOVEN PUBLISH BELGIAN CHAPTER IN THE PRIVACY, DATA PROTECTION AND CYBERSECURITY LAW REVIEW

15.11.2019

Astrea’s corporate and technology partner Steven De Schrijver and commercial law partner Olivier Van Fraeyenhoven have contributed the Belgian chapter in “The Privacy, Data Protection and Cybersecurity Law Review” (Sixth Edition, Ed. Alan Charles Raul), which has been published by Law Business Research in its “Law Reviews”-series.

The Law Reviews give readers a business-focused insight of some of the key substantive and procedural issues, as well as an analysis of important cases, deals and hot topics in each field of law. They also help practitioners to look beyond their own borders where they may see opportunities to practise ever more actively, exploiting strategic solutions and understanding options in foreign jurisdictions which are different from their home forum.

In the Belgian chapter, Steven and Olivier discuss the most recent Belgian legislative and regulatory developments with respect to privacy, data protection and cybersecurity law, as well as some recent case law.

Read here the complete Belgian chapter published by Steven De Schrijver and Olivier Van Fraeyenhoven: the Privacy, Data Protection and Cybersecurity Law Review - 6th Edition - Belgian Chapter.

 

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ASTREA REPRESENTED AT IBA2019 IN SEOUL

8.10.2019

Our International Team Marc Van Looveren, Frederic Verspreeuwen and Steven De Schrijver would like to thank all existing friends & new colleagues from around the world for catching up with Astrea in Seoul at the IBA2019. It has been again fun and fruitful! Looking forward to staying in contact and seeing you all back in Miami next year, if not before.

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STEVEN DE SCHRIJVER AND RUDI DESMET CONTRIBUTED THE BELGIAN CHAPTER TO THE INTERNATIONAL COMPARATIVE LEGAL GUIDE TO OUTSOURCING 2019

31.7.2019

Astrea’s Corporate and M&A partner Steven De Schrijver and Employment Law partner Rudi Desmet have contributed the Belgian Chapter 4 of the International Comparative Legal Guide to Outsourcing 2019 (4th edition).

This guide, which is divided into Country Question and Answer Chapters, covers common issues in outsourcing laws and regulations in 21 jurisdictions – including regulatory frameworks, procurement processes, transfer of assets, employment law, data protection and tax issues, customer remedies, liability and dispute resolution. All chapters are written by leading experts in this particular practice area. 

Read the complete chapter written by Steven De Schrijver and Rudi Desmet: ICLG Outsourcing - Chapter 4: Belgium

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LOUIS VERSTRAETEN PRESENTED AND ANALYSED THE RECENT PLESSERS CASE ON AN INSOLVENCY SEMINAR ORGANIZED BY INSOL EUROPE AND AIJA

19.6.2019

Our insolvency partner Louis Verstraeten presented and analysed the recent Plessers case (European Court of Justice, 16 May 2019, C-509/17) on an insolvency seminar organized by INSOL EUROPE and AIJA in Mallorca on 15 June 2019.

This case has far reaching effects for insolvency restructuring in Belgium. It makes a transfer of a business via a judicial restructuring more challenging and more time consuming. The Belgian legal provision, giving the acquirer of the business an option to choose and justify the employees that would transfer, was declared contrary to European law, in particular the Directive 2001/23 on Transfer of Undertakings and the protection of employee rights.

The case will likewise also affect other restructuring options implemented in other European member states in the recent past as an effort to curb the negative effect of insolvencies on employment.

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STEVEN DE SCHRIJVER CONTRIBUTES TO THE IR GLOBAL VIRTUAL ROUND TABLE SERIES PUBLICATION “STREAMLINED STRUCTURES – A BEST PRACTICE APPROACH TO INTERNATIONAL DEAL STRUCTURING"

5.6.2019

Astrea Corporate / M&A partner Steven De Schrijver has contributed as the Belgian expert to the IR Global Virtual Round Table Series publication “Streamlined Structures – A best practice approach to international deal structuring”.

IR Global’s Virtual Series publications aim to provide an insight into challenges and opportunities identified by specialist practitioners by bringing together a number of experts to discuss different practice area-related topics. The participants share their expertise and offer a unique perspective from their respective jurisdictions.

This article, which draws on the experience of six M&A professionals from a variety of jurisdictions (Belgium, India, USA, the Netherlands, Germany and Italy), discusses various issues with regard to structuring an international M&A transaction, such as legislative differences between countries, tax liabilities and specific deal structuring methods.

Read here the full Virtual Series publication:  Streamlined Structures – A best practice approach to international deal structuring.

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STEVEN DE SCHRIJVER CONTRIBUTES TO PINSENT MASONS PUBLICATION ON BREXIT

30.4.2019

Astrea partner Steven De Schrijver has contributed the Belgian section to the “Brexit Update: The European Perspective”, a briefing published by the Brexit team in the London office of Pinsent Masons.

As clients are increasingly looking for advice on legal issues which have arisen as a result of Brexit, this briefing aims to support businesses seeking to understand what specific changes to the law are currently being considered in light of Brexit at a national level and gathers insights from the EU institutions as well as from Belgium, France, Ireland, Italy, Germany, Luxembourg, Spain, Switzerland and The Netherlands.

With the Brexit process moving into another critical phase the report will be regularly updated in the coming months.

The complete briefing by Pinsent Masons can be found here: Brexit Update: The European Perspective.

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DIETER VEESTRAETEN CONTRIBUTED THE BELGIAN CHAPTER TO THE INTERNATIONAL COMPARATIVE LEGAL GUIDE TO LENDING & SECURED FINANCE 2019

11.4.2019

Astrea Banking & Finance Partner Dieter Veestraeten has contributed the Belgian Chapter 33 of the International Comparative Legal Guide (ICLG) to Lending & Secured Finance 2019 (7th edition).

This guide provides corporate counsel and international practitioners with a comprehensive worldwide legal analysis of the laws and regulations of lending and secured finance.  The Country Question and Answer Chapters give a broad overview of common issues in the laws and regulations of this practice area in 51 jurisdictions.

All chapters are written by leading lending and secured finance lawyers and industry specialists. 

Read the complete chapter written by Dieter Veestraeten: ICLG Lending & Secured Finance - Chapter 33: Belgium.

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STEVEN DE SCHRIJVER CONTRIBUTES ARTICLE ON OPEN SOURCE SOFTWARE TO THE EXPERT GUIDE: MERGERS & ACQUISITIONS 2019

11.4.2019

Technology and M&A partner Steven De Schrijver has contributed an article entitled “Open Source Software: how to avoid its perils in M&A?” to the Expert Guide: Mergers & Acquisitions 2019 which was published by Corporate LiveWire.

Open Source Software (OSS) has become widespread in mod­ern software development. In this article, Steven discusses the issues and complications surrounding this important technological development which must be carefully considered when entering into an M&A deal.

Corporate LiveWire’s Expert Guides feature contributions from industry experts from around the globe covering topics such as regulatory changes and compliance issues, interesting trends and opportunities, regional or national market composition, and recent or landmark case studies. The Expert Guide: Mergers & Acquisitions provides business owners and investors with an insight on recent developments within the area and offers extensive analysis across various industries whilst also being used as a resource for reference both now, and in the future.

Read here Steven’s full article on Open Source Software.

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ASTREA ADVISED ON BELGIAN LAW ASPECTS OF UNITANK SALE TO DIF AND ASI

15.3.2019

Astrea partners Dieter Veestraeten and Steven De Schrijver have advised on the Belgian law aspects of a transaction involving the signing of an agreement on the sale of 100% of the shares in UNITANK to DIF’s Core Infrastructure Fund I and Aberdeen Standard Investments’ SL Capital Infrastructure II SCSp.

You can read the full article on this transaction here.

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LE NOUVEAU CODE DES SOCIÉTÉS ET DES ASSOCIATIONS APPROUVÉ!

7.3.2019

Le 28 février 2019, la Chambre a approuvé la loi introduisant le Code des Sociétés et des Associations, en abrégé CSA. 

Le CSA est un véritable ‘game changer’ qui vise à moderniser et à rendre notre droit des sociétés plus flexible. 

Vous êtes un entrepreneur et vous souhaitez créer une nouvelle entreprise ou association ? Vous êtes une entreprise multinationale ayant des activités en Belgique ? Vous souhaitez fusionner, scinder ou restructurer votre entreprise ? Vous envisagez une acquisition de ou une joint-venture avec une société belge ? Ou êtes-vous impliqué dans un conflit entre actionnaires ou préoccupé par votre responsabilité d’administrateur ?

À partir du 1er mai de cette année, de nouvelles règles s'appliquent, entre autres, à tous ces aspects, et elles doivent être appliquées ou mises en œuvre progressivement.

L'équipe de droit des sociétés d'Astrea a suivi de près la création du CSA et peut donc vous conseiller sur la manière dont cette nouvelle loi affecte vos projets en cours et sur les nouvelles opportunités qui se présentent à cet égard.

Saviez-vous que dans le cadre du CSA …

… il ne restera plus qu'un certain nombre de formes de société, à savoir la SA, la SRL, la SC et la société en nom collectif, et que les autres formes de société seront supprimées ?

... la SPRL subit le plus de changements et se transforme en  SRL, qui doit devenir la forme d'entreprise par excellence avec un haut degré de flexibilité en termes de gestion et d'actionnariat ? 
 
... la constitution d'une SRL ne nécessite plus de capital minimum, mais simplement des fonds propres suffisants au regard de l'activité proposée ?
 
... les droits de vote multiples dans la SRL et la SA deviennent possibles, sans limiter le nombre de voix pouvant être attribuées à une action ?

... les règles de gouvernance au sein d’une  société ont fait l'objet d'une révision approfondie, par exemple, une SA peut opter pour une administration unipersonnelle, les règles de prise de décision écrite sont simplifiées, le caractère révocable ad nutum d'un mandat d'administrateur dans une SA n'est plus une exigence absolue, les règles sur les conflits d'intérêts sont modifiées ainsi que le risque maximum en termes de responsabilité des administrateurs ?
 
... les règles relatives au capital au sein de la société dotée de la personnalité juridique (capital minimum, dividendes, augmentation et réduction de capital, rachat d'actions propres, assistance financière, etc.) ont été profondément simplifiés ?
 
... la doctrine du siège statutaire s'appliquera également dans notre pays, de sorte qu'il ne sera plus nécessaire de développer vos activités en Belgique pour relever du droit belge ?
 
... les conflits entre actionnaires peuvent être traités beaucoup plus efficacement ?
 
... le droit des sociétés et le droit des associations sont intégrés dans un code unique, permettant d'aligner de nombreuses règles sans affecter la spécificité du secteur associatif ?

Si vous avez des questions à ce sujet, n'hésitez pas à nous contacter pour plus d'informations.

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