News
The Cooperative Company in the CCA: back to basics
The entry of the new Code of Companies and Associations (‘CCA’) is accompanied by the abolition of various types of companies.
Shareholder agreements and the impact of the new Code of Companies and Associations
The introduction of the Code of Companies and Associations (“CCA“) is accompanied by unprecedented flexibility: partners have ample opportunity to model articles of association and shareholder agreements according to the company’s own specific needs. It is important to thoroughly examine your shareholder agreements in the light of the CCA and to adapt them to the new rules. Drafting these agreements will be a matter of precision work. In this article, Deminor gives you an overview of the clauses that you should preferably revise.
The abolition of the limited partnership by shares.
The new Belgian Code of Companies and Associations (‘CCA’) abolishes several forms of companies for the sake of simplification. Among these is the limited partnership by shares (the ‘LPS’).
Changes to the Articles of Association: the transitional regime
The new Code of Companies and Associations (“CCA“) came into effect on May 1st 2019.
he purchase of own shares: a technique with a broad, strategic range
Umicore, Barco, D’Ieteren… These are just a few examples of companies currently purchasing their own shares. According to a recent study by De Tijd, Belgian listed companies purchased their own shares for no less than 3 billion euros in 2018. It is considered to be an international trend.
Approval of Belgium’s new Company Code
On February 28, 2019, after years of work and months of parliamentary discussions, the new Code of Companies and Associations was approved by the Belgian Parliament in plenary session.