Environmental, social and governance (“ESG”) issues detected during due diligence were once considered risks which could lead to specific indemnities, remediation measures or even a purchase price decrease. Now, they are recognised as one of the most substantial opportunities for value creation and transformative industry shifts in our era. With sustainability and ESG considerations becoming […]
A Global Guide for In-House Counsel: Doing business in a rapidly changing world
ESG & Dealmaking – Deal Activity in 2023 Post-Covid operational changes have affected the M&A due diligence process – what steps should businesses be taking to formalise these changes and avoid unexpected headaches during the deal process? The Covid-19 pandemic represented an unprecedented disruptive event, both in the respect of personal and social relationships, as […]
A Global Guide for In-House Counsel: Doing business in a rapidly changing world
ESG & Dealmaking – Deal Activity in 2023 Post-Covid operational changes have affected the M&A due diligence process – what steps should businesses be taking to formalise these changes and avoid unexpected headaches during the deal process? The Covid-19 pandemic represented an unprecedented disruptive event, both in the respect of personal and social relationships, as […]
Since January 1, 2022, a renovation obligation (after transfer of ownership) applies to all non-residential real estate in Flanders. It is hoped that this will drastically reduce the CO2 emissions of all buildings by 2050, and thus give the Flemish Climate Strategy 2050 a helping hand. Figures show that as much as 28% of CO2 emissions […]
The Labor Deal: Towards A Better Work-Life Balance. But What Does This Mean For The Employer?
Recently, the government has made decisions about a preliminary draft law with numerous labor measures, better known as the “labour deal”. This labor deal is intended to increase the employment rate in Belgium from 71% to 80%. This preliminary draft is currently being submitted to the social partners. The modalities of these measures can therefore still change. […]
Flemish Government Reaches “Crocus Agreement” And Sticks To Strict Nitrogen Framework
Last night, the Flemish government reached an agreement on the construction shift (or concrete stop) and the nitrogen issue. In the crocus agreement reached, the Flemish government adheres to the stricter nitrogen standards that were introduced in the ministerial instruction of 2 May 2021. In concrete terms, this means that the impact of ammonia emissions […]
The European Commission Eases Its Position On « Dual Distribution »
Dual distribution refers to the situation whereby a supplier sells goods, not only to its independent distributors, but also (at a downstream-level) directly to end customers (by its own store or online), thereby competing with its independent distributors (who are not active on an upstream-level). A new “Block Exemption Regulation on Vertical Restraints” will enter […]
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European Union: The Upcoming Changes To The EU’s Cybersecurity Framework
The current cybersecurity policy of the EU Recognizing the severe consequences of cyberthreats, the EU has been working continuously on its cybersecurity policy since the proposal for the Network and Information Security Directive (NIS), which was issued on 6 July 2016 and had to be transposed by the Member States by 9 May 2018. The […]
A welcoming investment climate Belgium has a long-standing tradition of welcoming foreign investment. Its strategic location, state-of-the-art transport infrastructure, highly productive and skilled workforce and many government incentives (e.g. attractive tax regime and subsidies) are just few of its selling points and secure its reputation as a centre of knowledge and innovation. Belgium has established […]
The Belgian chapter to International Comparative Legal Guides – Technology Sourcing 2021, 1st edition, 14 July 2021 The guide ICLG – Technology Sourcing Laws and Regulations, which is divided into Question and Answer Chapters by country, covers common issues in technology sourcing, including issues relating to procurement processes, dispute resolution procedures, intellectual property rights, data […]
The Belgian chapter to Global Legal Insights – AI, Machine Learning & Big Data 2021, Third Edition. This chapter intends to touch upon a number of legal subjects concerning AI, machine learning and big data, focusing primarily on the Belgian point of view thereof. As Belgium is a member of the European Union and adopts […]
