M&A/Transactions: Legal and Tax Update
Within the framework of some important legal and tax developments, EY Law, in cooperation with EY Transaction Tax, has the pleasure to invite you to a multidisciplinary M&A-focused client seminar covering the following areas:
- Data Privacy law (by Jan Decorte, EY Law): The GDPR has (re-)introduced a set of stringent rules. Data protection has an impact on all levels and influences business development and strategies. Data Protection has become an asset as well as a risk. In this context, the question, from a purchaser’s point of view, is how to identify and assess the data protection risks when investing in or acquiring a company, and how to obtain accurate protection against such risks. From a seller’s point of view, setting up a GDPR compliant data room and organizing a GDPR compliant sales process is equally challenging.
- Competition law (by Kiran Desai, EY Law): Three important developments to be aware of: (i) cybersecurity within the framework of due diligence, a current and increasing threat to businesses; (ii) the EU regulatory framework in relation to Foreign Direct Investments (FDI), adding timing and deal complexity to certain transactions; and (iii) recent case law in relation to gun-jumping, requiring robust procedures in place channeling confidential information and ensuring upfront that only appropriate conduct of business provisions are in place.
- New Belgian Company law (by Tom Swinnen, EY Law): The new Belgian Companies and Associations Code (BCAC) entered into force on 1 May 2019 and will become applicable to existing companies as from 1 January 2020. In general, the new BCAC intends to bring more flexibility, also within the framework of transactions. Inevitably, some of the new rules will have an impact on M&A best practices.
- Tax law (by Erik Suijs, EY Tax): Highlight some of the recent tax developments impacting M&A transactions, such as the mandatory disclosure regime (MDR), recent case law, the corporate income tax reform, and an increased use of warranty & indemnity (W&I) insurance.
Legal counsels, tax directors, M&A directors, and, in general, all professionals regularly or occasionally dealing with M&A transactions.
17.00: Welcome drink
17.30: Start of the seminar
18.45: Q&A and conclusions
19.00: Networking drink
The number of participants is limited. Therefore, we kindly advise you to confirm your attendance as soon as possible.