21/06/2010
ALTIUS is proud to annouce that the firm received the Silver Award in the category “Best Benelux Law Firm of the Year” at the International Legal Alliance Summit & Awards 2010 that took place in Paris 3 June.
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Read more 29/03/2010
The Belgian Supreme Court has ruled that circumstances which were not reasonably foreseeable at the time of the conclusion of an agreement and which increase the burden of the agreement disproportionately, can, in certain circumstances, be considered as “an impediment” in the sense of Article 79 of the United Nations Convention on Contracs for the International Sale of Goods, signed in Vienna on 11 April 1980 (the “CISG”).
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Read more 29/03/2010
On 18 March 2010, the Senate approved the new Corporate Governance Act, which had already been approved by the Chamber of Deputies. The new Act will be published in the Belgian State Gazette soon.
The new corporate governance rules apply to publicly-quoted companies and some state-owned companies such as the Belgian Post and the Belgian Railways. The Act should strengthen the corporate governance of these companies, especially in terms of remuneration controls. The Act also contains some new rules on individuals who are banned from acting as a company Director in the banking and finance sector (e.g. following bankruptcy or a criminal conviction).
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Read more 24/07/2009
The Royal Decree of 8 October 2008 amending the Belgian Companies Code (“BCC”) has amended the rules on financial assistance. The new rules entered into force on 1 January 2009. The Royal Decree implements European Directive 2006/68/EC amending the Second Company Law Directive.
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Read more 17/06/2009
Directive 2006/68/EC of the European Parliament and the Council of 6 September 2006 has amended the Second Company Law Directive in relation to maintenance of capital.
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