Insights & news

Van Bael & Bellis successfully assists international retail group Orchestra-Prémaman in its judicial reorganisation proceedings

  • 15/09/2020
  • News

Our corporate M&A team successfully assisted Orchestra-Prémaman group, an international retail player in children's clothing and childcare products with activities in France, Belgium, Luxembourg, Greece, Spain, Switzerland and Morocco, in relation to its judicial reorganisation, including the transfer of a selection of Belgian shops to its newly incorporated Belgian company. The judicial reorganisation process lasted almost a year and allows Orchestra-Prémaman to pursue its activities in Belgium and has saved hundreds of direct and indirect jobs. 

 

Our team was involved not only in the judicial reorganisation itself, but also in multiple complex and simultaneous negotiations and judicial proceedings with banks, landlords and suppliers. It also assisted in relation to the labour law aspects of the judicial reorganisation. The reorganisation team consisted of Van Bael & Bellis partners Michel Bonne and Catherine Longeval, counsel Sara Beutels and lead associate Alicia Cauwenbergh.

Related insights

Sign up for updates
    • 21/09/2020
    • Newsletters

    VBB on Belgian Business Law, Volume 2020, No. 8

    The August 2020 issue of our Belgian Business Law newsletter reporting on the latest developments in a range of areas, including competition, data protection, intellectual property and labour law

    Read more
    • 13/08/2020
    • Newsletters

    VBB on Belgian Business Law, Volume 2020, No. 7

    The July 2020 issue of our Belgian Business Law newsletter reporting on the latest developments in a range of areas, including competition, data protection, intellectual property and labour law.

    Read more
    • 20/07/2020
    • Articles

    Extension of the possibility to apply temporary unemployment due to Covid-19 force majeure

    On 17 July 2020, a Royal Decree was published in the Belgian Official Journal (Koninklijk besluit tot verlenging van de maatregelen genomen op vlak van werkloosheid in het kader van de strijd tegen de verspreiding van het coronavirus Covid-19 / Arrêté royal prolongeant les mesures prises en matière de chômage dans le cadre de la lutte contre la propagation du coronavirus Covid-19) in order to extend the possibility to apply temporary unemployment due to Covid-19 force majeure (i) until 31 August 2020 included for all companies and (ii) until 31 December 2020 included for “companies and sectors particularly affected by the corona crisis”, namely:

    Read more

Subscribe to our updates

Please select the practice areas you are interested in: *