Covid-192020-04-08T15:09:50+02:00

What are the limitations on the power of the administrative body?

"Internal" restrictions (= affecting the power to take a decision) Restrictions may affect the powers of directors (allocation of competences between directors by decision of the GM or the board of directors, powers reserved to the GM by the articles of association,...). However, they cannot be invoked against third parties even [...]

Entry into force of the prohibition of unfair terms in B2B relations

On 1 December, the provisions of the Code of Economic Law relating to unfair terms in contracts between companies (b2b) came into force. They apply to contracts concluded, renewed or amended from 1 December 2020. Here is a quick overview, presented in a simple way, conducive to a pleasant understanding and [...]

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