Legal briefings from the world's leading law firms
Legal Briefing
To be continued…
Practice Area: Regulation and Enforcement
Sector: Investment Management
Jurisdiction: European Union
Published: 30 April 2009
Law Firm: Stibbe
Overview
As in other countries, the current economic and financial crisis has already taken its toll on Belgium. The number of bankruptcies has reached record heights. Unemployment is rising and forecasts for 2009 are pessimistic.
In this context, on 31 January 2009, the Belgian Parliament adopted a new Act on Business Continuity, completed by a Royal Decree of 27 March 2009. It came into force on 1 April 2009.
To read more click 'View Briefing'
People who read this also read these
- Lehman Brothers client money appeal judgment
- Waiting on the fault line
- Landmark Paris Court of Appeal Decision on Creditors’ Rights
- Out of court administrations: a cautionary tale
- Bankruptcy proceedings under Polish bankruptcy law: A domestic and European perspective
- Congress creates new insolvency regime for financial companies deemed ‘too big to fail’
Keep up to date with the most recently added briefings to LegalWeekLaw.com
© Incisive Media Investments Limited 2012, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093.