Belgium: Financial Restructuring

Employers contemplating a collective dismissal should as of today take into account updated forms from the FPS WASO. Both the form for the announcement (= intention)...

Les employeurs qui envisagent un licenciement collectif doivent désormais tenir compte des formulaires mis à jour par le SPF ETCS. Tant le formulaire d'annonce...

The Belgian Constitutional Court addressed in a recent judgment the treatment of creditors in a collective debt settlement procedure.

The reformed Belgium Insolvency Law adopted in 2017 eventually came into force on 1 May 2018.

On 2 March 2012, the General Court ("GC") has partly upheld ING’s appeal against a Commission decision of 2009 regarding various forms of aid granted by the Dutch State to the banking group ING in the context of the latter’s restructuring plan during the financial crisis.