Direct lending constitutes the provision of credit directly (i.e., without an intermediary) to middle-market companies, mainly for the purpose of financing growth or acquisitions.
On 11 November 2021, the CJEU (C-340/20) ruled that the freezing of assets and economic resources under the EU restrictive measures (economic sanctions) precludes protective measures by creditors
An investment fund is an undertaking which (i) does not have a general commercial or industrial purpose, (ii) pools together capital raised from its investors for the purpose of investment with a view to generating a pooled return for those investors
Private equity funds, or so called Private Privaks/Pricafs Privées, have gained enormous popularity in Belgium during the last couple of years. The Private Privak/Pricaf Privée was introduced in 2003 under a very rigid and complex regulatory framework.
Alternative investment fund managers (“AIFMs”) that wish to examine to what extent investors are open to a certain investment idea or investment strategy were until recently faced with a divergent approach to pre-marketing in the various national legal systems within the European Union.
On 20 July 2021 the European Commission published the long-awaited package of legislative proposals, in implementation of the Commission Action Plan of 7 May 2020.
Late payment puts a substantial dent in companies’ cash flow and, ultimately, their continuity. In recent years, payment behavior between businesses (B2B), and between businesses and government authorities (B2G), has deteriorated.
Earlier this week, the Act of 2 June 2021 providing for various financial provisions relating to the combat against fraud has entered into force. This Act further enhances the combat against specific tax mechanisms
Deferred payment methods, often called “Buy Now Pay Later (“BNPL”) solutions”, allow customers to acquire goods immediately while spreading the payment of the purchase price over time.
On 19 April 2021, a draft law on diverse financial provisions (the “Draft Law”) was published. The Draft Law was adopted by the Parliament at the end of May. Amongst other things, it amends the Belgian AIFM Law to integrate the ELTIF fund status
