Nieuws

NEW LEGISLATION ON SHAREHOLDERS'RIGHTS - EFFECTIVE AS OF 1 JANUARY 2012

Shareholders will enjoy more rights as from 1 January 2012. This results from the Shareholders' Rights Act (hereafter ‘the Act') which was ratified on 20 December 2010.

Ambos NBGO welcomes new IP Partner - Bart Vandereeckt

Ambos NBGO is pleased to announce that Bart Vandereeckt has joined the firm. Bart is an experienced IP lawyer with more than 15 years experience. Bart is active in all areas of intellectual property law, including patents, trademarks, copyright and design rights. He also advises clients on information technology, e-commerce, privacy and market practices.
 

Successful investment and strategic partnership Option NV

Ambos NBGO has assisted Option with its $1.5 million investment and strategic partnership with San Francisco, US, based Autonet Mobile, Inc., a leading provider in in-car connectivity. The partnership will utilize Option's wireless modules and software to deliver the first mobile IP based Telematics Control Unit (TCU) for cars.

New dismissal rules

The Belgian legislator has recently substantially modified the notice periods and severance indemnities which must be observed for salaried employees.

The modifications which have been introduced by the so-called IPA-Act[1], are part of the greater goal of harmonizing the legal status of blue-collar workers and white-collar workers.

In the attached newsletter, we wish to offer you a short overview of the modifications and to reflect on the practical consequences of the new rules for your company.

FALSE SELF-EMPLOYMENT - SOCIAL RULING MODIFIED

In our newsletter of January 2011 (1) we informed you that requesting a social ruling for existing labour relationships, was actually impossible.
 
Such a request needs to be filed within a period of 1 year as of the date on which the applicable provision will enter into force. Since the Royal Decree of 14 December 2010 provided that the provision would enter into force on 1 January 2010, this meant that the term of 1 year expired before the establishment of the Commission for the regulation of the labour relationship.
 

PATERNITY LEAVE - PROTECTION AGAINST DISMISSAL

The legislator has recently provided in a protection against dismissal for fathers using their right to paternity leave. The protection applies for the basic paternity leave as well as for the paternity leave replacing maternity leave (1). Earlier this year the legislator already expanded the right to paternity leave to co-parents (2).

Ambos NBGO assists in successful share deal

Ambos NBGO assisted a privately held company in the approximately 20,000,000.00 EUR acquisition of the shares of a company engaged in the preparation and sale of spreadable salads, sauces, certain types of ready meals and the related packing business, and the following group restructuring.

 

Remuneration Committees Mandatory for Listed Companies

In the International M&A and Joint Ventures Committee Newsletter, Jens Van Hecke wrote an article on Remuneration Committees being mandatory for Belgian listed companies.

You can find the whole article here.

 

Employees also punished in case of non-declared work

As of 27 April 2011, besides employers, employees can also be punished with an administrative fine in case the employer does not comply with his so-called DIMONA-obligations (immediate declaration of employment).

An administrative fine between 500 and 2.000 EUR can be imposed upon the employee.

It concerns persons with a main activity as employee, self-employed person or public servant, who perform a side-activity which has not been declared by the employer in accordance with the DIMONA-obligations.

News letter employment law 21 April 2011

ECOCHEQUES - Modifications to CBA N° 98 regarding ecocheques (1)

As of 1 January 2011, when the employee leaves the company, the employer must inform him about the number of ecocheques he is entitled to. He should also indicate when these ecocheques will actually be handed over.

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