LEGAL
Insolvency law reform offers more options for entrepreneurs in difficulties
Discover the significant changes in Belgian insolvency law following the implementation of the Law of 7 June 2023, which transposes the European Restructuring Directive. Key reforms include enhanced roles for the Chamber for Companies in Difficulty, updated extrajudicial amicable agreements, new private agreement procedures, and the introduction of silent bankruptcy. These changes aim to provide more options for entrepreneurs in difficulty, ensuring the continuity of economically viable businesses. Learn more about these developments and their impact on the Belgian insolvency landscape
