The recent reforms in and modernisation of Belgian insolvency law
The Belgian government has recently taken several steps to modernise and simplify Belgian insolvency law,
with a view to increasing the effectiveness of (Belgian and cross-border) insolvency proceedings.
The result is a comprehensive set of updated insolvency rules in one single Code, an enhanced protection of certain creditors, a digitalisation of the proceedings and a strengthened out-of-court restructuring process.
Our experts Alice Boulvain and Ahmed Tayane have written an article for ‘International Corporate Rescue’ on the reforms and modernisation of Belgian insolvency law.