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March 2015 Newsletter


The goal of our newsletter is to keep you abreast of recent legal and tax developments in the various areas where our firm has recognised expertise. 


Dear reader

Carefully optimistic - Last week the economic forecast for Belgium was reviewed upwards from 1% to 1.2% for 2015. The Belgian National Bank found, in its monthly poll of business leaders on the economic outlook, that confidence had improved for the second month in a row, although the overall mood was still sombre.

The 1.2% growth forecast for 2015 confirms the trend that we identified in the CMS M&A Study, which we have just released. The 2015 CMS M&A Study concludes that deal value is on the increase across Europe, with sellers very confident about the (future) performance of the disposed activities. This translates into a return to a pre-crisis environment for sellers. Yet, confidence is fragile, easily affected by macroeconomic developments. To find out more about the 2015 CMS M&A Study, click here.

In other news you will find out more about, among other things, insider trading, protection of live broadcasts on the internet and psychosocial risks at work.

Wishing you an enjoyable read.

Tom Heremans

Managing Partner

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De foto van Florence Van Damme
Florence Van Damme
Senior Associate