CoTra Law assisted Yves Walschap with the sale of a majority stake in Z-Tech BV (Zelektro.be) to Plug21. Zelektro.be is the Belgian B2C e-commerce reference player in electrical installation material and home automation advice. CoTra’s transaction team assisted the seller during the entire transaction, with drafting the transaction documents (a.o. letter of intent, purchase agreement, representations […]
CoTra assisted Terumo Europe NV on the Belgian corporate legal aspects of the acquisition of Quirem Medical B.V. Terumo Europe, having its EMEA headquarters in Leuven, is a core player in the EMEA healthcare market by providing best in class quality products and services. Quirem Medical B.V. is a healthcare company specializing in the development of next-generation microspheres for […]
In the framework of the current corona-crisis and the upcoming annual shareholders’ meetings, Minister of Justice Koen Geens has adopted resolutions regarding the temporary flexibilization of the corporate rules so annual shareholders’ meetings can occur pursuant to the obligatory rules in the fight against the corona-crisis. Companies and associations can apply these flexibilizations regardless of […]
The new Belgian company code has entered into force for some time now. Regardless of whether you undertake any action, the new Belgian company code will have an inevitable impact on your company as of 1 January 2020. The most important changes are, among others, the new names and abbreviations, capital that will be abolished […]
A lot of companies have ended their financial year on December 31, 2017 and are currently working on the closing of the financial year, the audit by the statutory auditor, the drafting of the annual accounts and the annual report so the annual shareholders’ meeting can decide on the approval of the annual accounts in […]
The modernisation of the Company Code will have a major impact on Belgian business life. Simplification, flexibilisation and predictability are key aspects of the upcoming reform. Out of date, complex and not very coherent. That is how the existing Company Code is sometimes described. The code also contains certain rules which are more stringent than […]
Obligation for companies to identify their ultimate beneficial owner and register it with the UBO-register. On 18 September 2017 the fourth Anti-Money Laundering Directive 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing was transposed into Belgian law. The Act on the prevention of […]
