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Belgium imposes second temporary statutory moratorium on creditors' rights


Belgium imposes second temporary statutory moratorium on creditors’ rights
Belgium
December 24 2020
During this second wave of COVID, new lock-down measures have been taken. Belgium has already provided for numerous measures to mitigate the economic impact of the coronavirus (COVID-19). In addition, the Belgian authorities have again adopted a statutory moratorium imposing a stay on creditors’ right to enforce debts, terminate existing agreements early and initiate bankruptcy proceedings. Unlike the first moratorium decided upon in March 2020 (which was in place until mid-June 2020), the new restrictions only apply with respect to companies that have been forced to close their business as a result of the second lock-down. ....

Ministerial Decree , Belgian Economic Law Code , Belgian Economic Law , Financial Collateral Act , Insolvency Regulation , Belgian Economic Code , மந்திரி ஆணை , பெல்ஜியன் பொருளாதார சட்டம் குறியீடு , பெல்ஜியன் பொருளாதார சட்டம் , நிதி இணை நாடகம் , நொடித்துப்போனது ஒழுங்குமுறை , பெல்ஜியன் பொருளாதார குறியீடு ,