Legal notice

1. Yours Business & Family Advisory SA (‘Yours’) is a Public limited company (‘société anonyme’) under Luxembourg law, with its registered office at L-1311 Luxembourg, 27B Boulevard Marcel Cahen, registered with the Luxembourg Trade and Companies Register under number B 211.841, and with a branch under Belgian law at B-1050 Brussels, Avenue Louise 480, registered with the Banque Carrefour des Entreprises under number 0674.482.669.
These Conditions apply to all services provided or to be provided by or on behalf of Yours. All services provided by or on behalf of Yours are governed by Luxembourg law or by Belgian law if the service is provided by or on behalf of the branch. The fact of entrusting a file to Yours implies acceptance of the Conditions for this file and subsequent files, subject to the adaptations of which they may be the subject at regular intervals and of which the client will be duly informed; if the client has only received communication of the Conditions after having entrusted the file to Yours, acceptance is deemed to result from the absence of withdrawal of the file after this communication.

2. Yours is required by law (i) to identify and verify the identity of its customers and beneficial owners (i.e. the natural persons who, directly or indirectly, own more than 25% of the customer or control it/him in another way, or on whose behalf the planned transaction is to take place), (ii) to exercise permanent vigilance with regard to elements indicative of money laundering or terrorist financing and (iii) in the event of suspicion of money laundering or terrorist financing, to report it to the competent authority.

3. If experts (lawyers, accountants, notaries, etc.) have to be called in to carry out an assignment entrusted to Yours, Yours will consult with the client in advance, to the extent appropriate, and will exercise due diligence in the selection of these third parties. Yours will not be liable for any errors or omissions committed by these third parties in the performance of their services.

4. Opinions are covered by professional secrecy and are reserved for the exclusive use of their recipient(s). The results of Yours services to the customer, in any form or by any means whatsoever, are provided for the exclusive benefit and information of the customer. These documents may therefore not be copied, quoted or made public in whole or in part (with the exception of communications for the client’s internal use) without the prior agreement of Yours, unless communication is required by law or by a competent authority (in this case, the client will be obliged to inform Yours in advance, unless prohibited by law).

5. The liability of Yours for any services performed by or on behalf of Yours or which are otherwise related to an assignment entrusted to Yours is limited to ten (10) times the fees fixed for the assignment.

6. The agreement or relationship between the client and Yours may not lead to, give rise to or be intended to give rise to rights in the hands of third parties. No third party will have the right to claim the execution of this agreement or this relationship or to take advantage of it directly or indirectly, expressly or implicitly, and third parties will not be able to derive any right or benefit from it.

7. Except in the case of intentional misconduct or gross negligence on the part of Yours, the client will hold Yours harmless and will guarantee Yours against all actions, claims or legal proceedings of any nature whatsoever which are directed or brought by a third party against Yours and which are a direct or indirect consequence of or linked to work or services carried out or to be carried out by or on behalf of Yours for the client or which, in any other way linked to a mission entrusted by the client to Yours, including, without limitation, all damages, costs or indemnities which would be charged to Yours and linked to such an action, claim or lawsuit. If the client has itself paid such damages in this context, it may not, at any time, seek reimbursement from Yours for payments it has thus incurred.

8. Fees are generally a fixed commission for an assignment. This commission does not include administrative costs and out-of-pocket expenses that Yours may incur in the course of its work (such as travel costs, translation costs, etc.), nor costs relating to any recourse to qualified experts (chartered accountants, tax lawyers, notaries, etc.), as decided in consultation with the client. The services provided by Yours are subject to Luxembourg or Belgian VAT.

9. Yours is legally obliged to archive the files when they are closed. Original supporting documents or other original documents entrusted to Yours are returned to the client. The archives are kept for a period of ten years, after which they are automatically destroyed.

10. In accordance with the applicable legislation, the Yours privacy policy is explained in detail in a separate document which is accessible on the www.yoursadvisory.com website. This document constitutes an appendix to these Conditions and forms an integral part of them.

11. These Conditions apply to the exclusion of all others. Any clause or condition constitutes a separate and independent provision. If any provision is held to be invalid or unenforceable, all other provisions shall remain in full force and effect.

12. All disputes arising in connection with (i) a service performed by or on behalf of Yours or an assignment entrusted to Yours or (ii) the legal relationship entered into with the client or another third party, will be governed by Luxembourg law or Belgian law, including the rules of prescription, to the exclusion of any other law, and will be submitted exclusively to the competent courts of the City of Luxembourg or the judicial district of Brussels.

13. The provisions and conditions contained in these Conditions are also agreed and stipulated on behalf of and for the benefit of the directors, managers and shareholders of Yours, the managers of these shareholders and all persons who are or have been active with Yours, whether as partners, associates, trainees, employees, advisors, subcontractors or in any other capacity.