Governance

The firm’s Governance practice combines top-tier local and international expertise with a particular focus on traditional corporate governance, family business governance, partnership governance and executive compensation.

Corporate governance

Our lawyers have extensive and in-depth experience guiding clients through evolving Belgian and foreign regulations and best practices in board and committee operations, director responsibilities and shareholder relations, as well as the practical application of these standards in the context of specific business activities – whether these are securities offerings, M&A transactions, internal investigations, law suits involving management and directors or initiatives of shareholder activists. We guide our clients in their understanding and implementation of corporate governance best practices, both voluntary codes as well as increasingly mandatory legal corporate governance requirements.

Family business governance

Our firm has developed very specific expertise in the governance of family-owned businesses, whereby our counsel focuses on ensuring the long-term continuity and success of such businesses. We counsel entrepreneurs and their families on how to structure the governance of their business, dealing with succession matters, the elaboration of family charters and the creation of family forums as well as shareholders’ agreements, family employment policies, equity liquidity schemes and the organisation of buy-outs of non-active family members or the outright sale of the family business.

Partnership governance

In addition our firm has developed a comprehensive practice for the constitution and governance of professional partnerships. As such we do not only deal with the constitution of partnerships but also their ongoing governance and entry/exit requirements. Detailed counselling and guidance is required throughout a partnership’s lifespan to ensure its long-term success.

Executive compensation

Our executive compensation and employee benefits lawyers advise companies, boards of directors, compensation committees and individual executives on a wide range of transactions, including mergers, acquisitions, leveraged buyouts, recapitalisations, spinoffs, workouts and bankruptcies, initial public offerings and joint ventures. We also advise on the recruitment of senior executives, the design and implementation of equity-based retention and other compensation plans, and compliance with applicable regulations for tax, securities, disclosure, corporate governance, fiduciary and other matters.