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Ambos NBGO assists Senior Assist NV with sale of Terra 13 BVBA to Rheastone NV (Cofinimmo NV)

Ambos NBGO assisted Senior Assist NV (www.senior-assist.be) with the successful sale of Terra 13 BVBA's shares to Rheastone NV, a subsidiary of Cofinimmo NV. Terra 13 is the owner of a plot of land on which it has built an extension to a new care home.

Senior Assist is a Belgian group specialising in care for the elderly. It has an extensive network of nursing and care homes, assisted living facilities and home care services. 85% of its nursing and care homes are situated in Brussels and Wallonia. 

Ambos NBGO assists Trustteam with the acquisition of Hexios

Ambos NBGO has assisted Trustteam (www.trustteam.be) with the acquisition of Hexios, an IT-infrastructure provider, specialized in Cloud solutions.

Headquartered in Kortrijk, Belgium, Trustteam is a large IT actor that provides its customers with complete solutions at the level of infrastructure, software, security and communications. 
With the acquisition of Hexios, Trustteam expands its range of services to its client.

Ambos NBGO advised on a successfull management buy-in at Succes Koffie Van Reeth

Ambos NBGO has assisted an investment team under the lead of a.o. Jean-Marc Vandoorne with the successful management buy-in in Succes Koffie Van Reeth, with facilities in Schelle, Boom and Niel. Through their majority participation and strong operational involvement, the new shareholders reinforce both target’s shareholders’ structure and management team. This allows Succes Koffie Van Reeth to enhance its further growth and development in both existing and new market segments.

BELGIAN LEGAL INTEREST RATE FOR THE YEAR 2016

The legal interest rate for the year 2016 has been set at 2,25 % (publication in the Belgian Official Gazette of 18 January 2016).

The interest rate of 2015 was 2.50 %

The interest rate according to the law on the late payment in commercial transactions (Law of 02/08/2002 on combating late payment in commercial transactions, modified by the Law of 22 November 2013, B.S. 10/12/2013) amounts to 8.5% for the 1st semester 2016 (communication in the Belgian Law Gazette of 01 February 2016).

Ambos NBGO assisted Turbowinds with the transfer of its assets under judicial authority

Ambos NBGO has assisted Turbowinds NV and its majority shareholder through its judicial reorganization. The process of judicial reorganization through a transfer under judicial supervision started on 11 December 2015 and has led to a transfer to Bain Consulting BVBA of the main assets of Turbowinds NV. The transfer has been approved by the commercial Court of Brussels on 27 January 2016.

DEJEUNER CAUSERIE ELECTIONS SOCIALES 2016 - LUNCHCAUSERIE SOCIALE VERKIEZINGEN 2016 - 04/02/2016

ELECTIONS SOCIALES 2016  _ PROCEDURE ELECTORALE ET RESULTATS

Les élections sociales 2016 sont dès à présent bien entamées et les premières démarches sont derrière nous. Pourtant, rien n’est encore joué: il reste à gérer la procédure électorale (soit du jour X à Y) sans encombre, à procéder aux opérations de vote et à désigner les élus.

AMBOS met son expérience à votre disposition pour vous guider à travers les dernières étapes, à l’aide d’exemples concrets issus de cas de jurisprudence. 

Ambos NBGO assisted Temco Service Industries, Inc. with its exit

Ambos NBGO has assisted Temco Service Industries, Inc (www.temcoservices.com) with its exit. The transaction took place under the form of a merger through absorption of Temco Service Industries, Inc by Atalian.

Ambos NBGO assisted Senior Assist with the acquisition of 20 homes for the elderly from Cofinimmo and related bond issue

Ambos NBGO has assisted Senior Assist NV (www.senior-assist.be) with the acquisition by Senior Assist of 95% of the shares of Silverstone SA from Cofinimmo (www.cofinimmo.com) in a transaction valued at 92.6 million EUR.

Silverstone SA owns 20 nursing and care homes in Belgium, operated by the Senior Assist Group.

AMBOS ASSISTS SHAREHOLDERS WITH SALE OF LUNCH GARDEN

Ambos has assisted H2 Equity Partners (www.h2.nl), KeBeK Private Equity (www.kebek.be) and Solferino Holding in reaching an agreement with Bregal Freshstream (http://www.freshstream.com) to sale their shares in restaurant chain Lunch Garden.

THE NIPPONKOA INSURANCE JUDGMENT: A HIGHWAY TO FORUM SHOPPING?

In the Nipponkoa Insurance judgment of 19 December 2013, the question arose to what extent judgments about the CMR, especially the so-called ‘negative declaratory judgments’, should be recognized by the courts of another EU member state.

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