
Jerome Vermeylen
Partner
Expertise
- Contract Law
- Corporate and Business
- Corporate Litigation
- Insurance
ALTIUS/Tiberghien
Belgium
WSG Leadership
WSG Coronavirus Task Force GroupCredit Facility and COVID-19 – Can I Invoke Force Majeure?
ALTIUS/Tiberghien, March 2020
Discussing the legal concept ‘Force Majeure’ in credit agreements – if it can be called upon, it has in principle a temporary nature and does not relief you from payment obligations. In general, force majeure is an unforeseeable and unavoidable event that occurs after a credit agreement has been concluded (i.e...
Coronavirus - Can my Bank Suspend or Terminate my Credit Lines? What to Do?
ALTIUS/Tiberghien, March 2020
Balancing between your bank taking purely business considerations or being reasonable. We advise being proactive and approaching your bank. The Coronavirus is unfortunately a human tragedy that is affecting thousands of people on all continents. It has also a very serious impact on businesses worldwide and locally...
Help! My Business Needs Liquidity
ALTIUS/Tiberghien, March 2020
My business has liquidity needs... What can I do to keep this situation under control? As the coronavirus has already made a serious impact on the world economy, companies are faced with important liquidity needs. In uncertain times, easy access to cash can become rare. What can you do? First, approach what is probably your most clear source of liquidity, your bankers...
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