M&A/Transactions: Legal and Tax Update
Dear Madam,
Dear Sir,
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.
Target Audience
Legal counsels, tax directors, M&A directors, and, in general, all professionals regularly or occasionally dealing with M&A transactions.
Practicalities
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.