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INSOL Europe/LexisNexis® coronavirus (COVID-19) Tracker of Insolvency Reforms—Belgium

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Published on: 29 April 2020

Published by a LexisNexis Restructuring & Insolvency expert

Table of contents

Scope of application
A temporary moratorium
1. Protection against preventive and executory attachment and other means of execution
2. Protection against compulsory bankruptcy
3. Protection against judicial dissolution
4. Protection against compulsory judicial re-organisation through transfer under judicial supervision
5. Protection of enterprises with an approved re-organisation plan
6. Protection of ongoing contracts
No prejudice to the obligation to pay due debts and the employer’s obligations
Remedy for the creditors

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Article summary

Restructuring & Insolvency analysis: We look at the reforms to the insolvency law of Belgium prompted by the coronavirus (COVID-19) pandemic. Written by Bart De Moor, lawyer, partner at Strelia and member of INSOL Europe, Marine Callebaut, lawyer, associate at Strelia and Sofie Onderbeke, lawyer, associate at Strelia.

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