Lone Pine
Active Risk: not assessedSummary
Lone Pine is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Lone Pine
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuurs-en uitbatingszetels,agentschappen,bijhuizen,bureaus,stapelhuizen in België en buitenland bij eenvoudige beslissing…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, bestuur-wie” (deed in Dutch)“Onafhankelijke en zelfstandige wijze, zelfstandige uitvoering mandaat” (deed in Dutch)3 more provisions on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht door overlijden, treden van rechtswege in plaats van rechtsvoorganger” (deed in Dutch)“Marktwaarde, 12.2” (deed in Dutch)“13, voorafgaandelijke instemming van al zijn medevennoten” (deed in Dutch)“Onderling overleg overdrager en overnemer, samen aanstelling onafhankelijke expert” (deed in Dutch)“14.2, tenzij overdrager en overnemer onderling anders overeenkomen” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 2:87 t.e.m. 2:92 WVV zonder voorafgaande machtiging, 16.3” (deed in Dutch)“16.5, uitzonderlijk en in afwijking van voorgaande” (deed in Dutch)