Document background
The Consortium Agreement Between Companies is a crucial legal document used when multiple organizations wish to collaborate on substantial projects or ventures while maintaining their separate legal identities. This agreement type is particularly relevant in Belgium, where it must comply with the Belgian Code of Companies and Associations (BCCA) and relevant EU regulations. The document is essential for projects requiring pooled resources, shared risks, or combined expertise, typically used in large-scale initiatives, research projects, or complex commercial ventures. It comprehensively addresses governance structure, resource allocation, intellectual property rights, confidentiality, liability sharing, and dispute resolution mechanisms, while ensuring compliance with Belgian competition law and other relevant regulations. The agreement's structure allows for both flexibility in collaboration and clear delineation of responsibilities, making it suitable for both short-term projects and long-term strategic partnerships.
