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The Impact of COVID-19 on Contracts and Corporate Activities: Your Questions Answered

Client Alert | 2 min read | 05.05.20

In response to the many questions we have recently received from clients, we have prepared a Q&A regarding the impact of the COVID-19 pandemic on various day-to-day business activities in Belgium. In particular, we address the following specific questions:

  • Can you suspend or terminate a contract without penalty as a result of COVID-19?
  • How can you hold a general meeting or a board meeting that respects social distancing?
  • What measures have been taken by the Belgian government to support businesses?
  • What is the best way to sign contracts electronically?

The questions and answers in this Q&A are of course of a general nature and should not be considered to be comprehensive legal advice on specific questions and/or cases. Do not hesitate to contact our team if you have any specific questions and/or would like any advice with regard to a concrete situation.

In addition, Crowell & Moring Brussels recently launched its “COVID-19 Virtual Assistant.” This virtual tool allows you to navigate the rapidly evolving regulations adopted by the Belgian federal and regional governments in the wake of the pandemic. Our Virtual Assistant can be consulted free of charge and can be accessed via our Coronavirus Resource Center on our website.

For the Dutch version of the Q&A, please click here. The French version can be found here.

Insights

Client Alert | 3 min read | 04.26.24

CFIUS Proposes Enhanced Enforcement and Mitigation Rules and Steeper Penalties for Non-Compliance

On April 11, 2024, the Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”) announced proposed amendments to its enforcement and mitigation regulations, marking the first substantive update to CFIUS’s mitigation and enforcement provisions since the enactment of the Foreign Investment Risk Review Modernization Act of 2018.  The Committee issued a notice of proposed rulemaking ("NPRM”) that would modify the regulations that apply to certain investments and acquisitions, as well as real estate transactions, by foreign persons as follows:...