Ambos news

Inbound EU temporarily “posted workers” treated on (quasi) equal footing with “local” workers after twelve months, concerning at present some 178,000 workers

A "posted worker" is an employee who is sent by his employer to carry out a service in another EU Member State on a temporary basis, in the context of a contract of services, an intra-group posting or a hiring out through a temporary agency. Posted workers are different from EU mobile workers as they remain only temporarily in the host Member State and do not integrate its labour market.

FROM CORONA UNEMPLOYMENT TO ECONOMIC UNEMPLOYMENT: TRANSITIONAL REGIME

Due to the overwhelming amount of applications for temporary unemployment in the context of the outbreak of the coronavirus, the Belgian government decided to simplify the procedure and to open up the temporary unemployment regime for force majeure to all situations related to the coronavirus. 

Consequently, as of 13 March 2020, all temporary unemployment resulting from the virus can be considered as temporary unemployment due to force majeure and is subject to a simplified application procedure.

These measures are valid until 31 August 2020

Ambos succesfully assisted Orelia

Ambos is proud to announce that it has recently assisted Orelia with the sale of shares in six real estate companies to Cofinimmo through a contribution in kind, followed by a lease back of the homes. The conventional value of the real estate assets (nursing and care homes) for the calculation of the share price, amounted to approximately EUR 105M. Part of the newly issued Cofinimmo shares were subsequently sold through an accelerated book building. We want to congratulate Orelia with its successful transaction and wish it good luck with the further operation of its homes.

COVID - 19 update

Dear clients and business partners,

The coronavirus (COVID-19) pandemic is affecting people and businesses all over the world and calls for unprecedented health and safety measures.

We at AMBOS have been proactively implementing measures and developing plans to prioritize the health and well-being of our lawyers, employees, clients and suppliers, while ensuring business continuity in order to meet our clients' needs throughout this period. 

Ambos Seminar and Reception - 19 March 2020 postponed

Ambos Client Seminar and Reception on 19 March 2020 is postponed. We will inform our clients soon for a new date!

 

Ambos Lawyers - Best Independent Belgian Law Firm

Deze ochtend was Isabelle Buelens te gast in het programma De Ochtend op Radio 1 in de rubriek “winnaars van het afgelopen jaar”. Naar aanleiding van de prijs “Best Independent Belgian Law Firm” kreeg ze de mogelijkheid om ons kantoor voor te stellen. Tegelijk liet ze haar licht schijnen over de recente wetswijzigingen van minister Geens en de effecten op onze dagelijkse praktijk.

Herbeluisteren kan via onderstaande link.

Ambos successfully closed another M&A deal in the Belgian Shipping and Transport sector.

Ambos successfully closed another M&A deal in the Belgian Shipping and Transport sector.

Ambos successfully closed the sale of the port of Ghent based Gezworen Wegers en Meters, a provider of stevedoring activities with a history dating all the way back to the 1890's to DFDS, the largest ferry operator in Northern Europe.

This transaction highlights once again Ambos’ ability to combine its expertise in both M&A and Shipping and Transport and further consolidates its position as a premier law firm in both Belgian corporate and transportation law.

New Code of Companies and Associations - key changes for the existing NV/SA

The new Belgian Code of Companies and Associations entered into effect on 1 May 2019.

The new Code introduces major reforms to Belgian company law.

The “star” of the new Code is the BV/SRL, which is remodeled as a company without legal capital and which is given a high degree of flexibility.

But what should you do with your existing NV/SA? Keep it? Or convert it into a BV/SRL?

Ambos successfully advises Belmoney Transfert on its registration as a fully licensed payment institution

Belmoney Transfert successfully obtained its license from the National Bank of Belgium as a fully licensed, PSD2 compliant, Belgian payment institution

Sustainability and debt ratio are important for good acquisitions

Ambos corporate partner Christina Trappeniers gives her take on the current Belgian M&A market in a dubbelinterview together with Piet Bevernage (Ackermans & van Haaren) and Filip Lacquet (PMV - Doe- en Durfbedrijf) for CFO Magazine.

Click here to read the interview (in Dutch).

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