Belgium has already taken numerous measures to mitigate the economic impact of the coronavirus (COVID-19). The federal government has now also decided temporarily to protect debtors affected by the coronavirus crisis from creditors by imposing a stay on creditors’ right of creditors to enforce debts, terminate or dissolve existing agreements early and initiate bankruptcy proceedings.
Belgium, Banking, Insolvency & Restructuring, Loyens & Loeff, Moratorium, Creditors' rights, Coronavirus
Two’s company when it comes to debt funding. Surely, three makes things a little crowded? It doesn’t have to be that way.