BELGIAN TREASURY ONCE AGAIN REVOKES ITS DENIAL TO UNBLOCK ASSETS APPEALED BY L&P ATTORNEYS TO THE BELGIAN COUNCIL OF STATE

BELGIAN TREASURY ONCE AGAIN REVOKES ITS DENIAL TO UNBLOCK ASSETS APPEALED BY L&P ATTORNEYS TO THE BELGIAN COUNCIL OF STATE

On 01/02/2024, one more L&P client received from the Federal Public Service Finance of Belgium an official notice on revocation of denial to grant authorization to “unfreeze” assets currently blocked in the account with the Euroclear Bank.  Once again, the Belgian Treasury has decided to withdraw its denial after it was appealed by the L&P attorneys to the superior state authority of Belgium – the Council of State.