Latest Newsletters & Newsflashes
Apr 01, 2025Case law I Article 10 of the Business Continuation Law of 2023
Article 10 of the Business Continuation Law The law of 7 August 2023 on the preservation of businesses and the modernisation of bankruptcy law (the “ Business Continuation Law”), in Article 10, provides for the appointment of a judicial representative ( mandataires de justice ) when serious and
Mar 19, 2025ESG - Omnibus Package | Changes to the Corporate Sustainability Due Diligence Directive
Background On 26 February 2025, the European Commission published the proposal for the Omnibus Simplification Package, which aims to simplify EU rules, reduce red tape, and unlock additional investment capacity. Among the changes proposed is the amendment to Directive (EU) 2024/1760 of the European
Apr 19, 2024Vidéo Uplawder | Les spécificités de l'arbitrage au Luxembourg
Notre Partner Fabio Trevisan a présenté l’arbitrage au cours d’une interview vidéo Uplawder . Plus précisément, il évoque dans cet entretien (i) ce qu'est l'arbitrage ; (ii) les spécificités de l'arbitrage à Luxembourg ; (iii) ses avantages ; (iv) les bonnes pratiques ; ainsi que (v) ses retours d
Aug 01, 2023Newsflash | From bankruptcy law to insolvency law
On 21 July 2023, the long-awaited Draft law 6539A (since 2013), aiming at modernising the insolvency tools available for restructuring a company, has been officially adopted (but not yet published in the Journal Officiel for the law to come into force). The expectation was also due to the need for
Jul 18, 2023Newsflash | Bill PL8051 - Institutionalizing Temporary Criminal Procedural Measures
In a nutshell: the PL8051 bill represents a significant step towards institutionalizing the temporary measures implemented during the Covid-19 crisis and modernising the interaction with the courts. By integrating these measures into the Code of Criminal Procedure, Luxembourg aims to ensure the
Jun 22, 2023Newsflash | New Legislation on the Execution of Freezing Orders and on the Mutual Recognition to Confiscation Orders: Towards the Implementation in Luxembourg of Regulation (EU) 2018/1805
In 2018, the European Parliament and the European Council adopted a regulation on the mutual recognition of freezing orders and confiscation orders, the Regulation (EU) 2018/1805 of November 14, 2018. The Regulation aims at making the freezing and confiscation of assets deriving from criminal
Mar 31, 2023The immunity of financial collateral arrangements from collective proceedings
On 19 January 2023, the Luxembourg Court of Appeal provided an interesting clarification on the scope of the immunity of financial collateral arrangements provided for by the Law of 5 August 2005 (the " 2005 Law"). In this case, a pledgee had applied to the District Court (“ Tribunal d
Jun 17, 2022New legislation in Luxembourg concerning the freezing and confiscation of proceeds of crime
On the 14th of June, the Luxembourg parliament adopted the draft bill no 7452 aiming to finalise the transposition of directive no 2014/42/EU of the European Parliament and of the Council on the freezing and confiscation of instrumentalities and proceeds of crime in the European Union (the “Law”)
May 20, 2022Newsflash | Loi du 9 décembre 2021 portant modification du Code de procédure pénale
En date du 2 décembre 2021, la Chambre des Députés a procédé au vote du projet de loi N°7785 portant modification du Code de procédure pénale. La loi qui est désormais entrée en vigueur prévoit une série de modifications procédurales en matière pénale non liées entre elles, dont notamment: Une
Apr 01, 2022Newsflash | The EU's sanctions regime against Russia is producing tangible results in Luxembourg
On the 29th of March 2022, during a joint meeting of the Finance and Budget Committee and the Justice Committee at the Luxembourg Parliament, Finance Minister Yuriko Backes and Justice Minister Sam Tanson gave an update on the implementation of the restrictive measures taken by the European Union in
Feb 03, 2022Newsflash | Register of Beneficial Owners - Preliminary ruling to the Court of Justice of the European Union: the principle of public access to personal data "validated" by the advocate general of the CJEU
Following the adoption of the Law of 13 January 2019 establishing a Register of Beneficial Owners (hereinafter the " RBE Law") transposing Article 30 of Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the
Dec 15, 2021Newsflash | Exchange of information upon request: ECJ rules on group requests and sanctions
The case that led to the decision rendered by the European Court of Justice (the “ ECJ”) on 25 November 2021 in case C-437/19 concerns a request for exchange of information by the French tax authorities aiming at identifying the shareholders and ultimate beneficial owners of a Luxembourg public