CONTINUITY OF ENTERPRISES ACT AND BANKRUPTCY
Continuity of Enterprises Act (C.E.A.)
This Belgian act allows companies in difficulty to safeguard their survival. We assist you with the drafting of the required documents for the purpose of proposing a judicial reorganization to the Commercial Tribunal. We also assist companies to assess their financial situation and their reorganization plans. Our expertise is also available for negotiations with creditors, VAT administration, social security, tax authorities and personnel.
BANKRUPTCY
According to the new Belgian Company law, all natural and legal persons exercising a professional activity, including free professions and farmers can go bankrupt. If a company is confronted with an unavoidable bankruptcy, it is advisable to call on legal assistance: since 1 May 2018, a declaration of bankruptcy in Belgium must be filed electronically via www.regsol.be.
Our firm is specialized in insolvency law and all related issues:
- Assistance of companies dealing with the investigation service of the Commercial Court
- Electronic declaration of bankruptcy via Regsol.be
- Summons in bankruptcy against your company by a third party
- Assistance in case of a declaration of bankruptcy ex officio
- Objection to a bankruptcy judgment
- Debt reduction negotiations
- Retention of title so that a supplier can recover his goods
BANKRUPTCY OF YOUR CLIENT
- Strategy in case of a bankruptcy or an imminent bankruptcy of a client
- Drafting a claim in the event of a client's bankruptcy, the use of securities, investigation if your claims are privileged, retention of title and sureties
- Referential claims in the case of bankruptcy of a customer
- Collection of invoices from customers with payment difficulties
