Contributions to the “115 account” do not automatically qualify for the application of the participation exemption regime for equity investments DownloadContinue Reading
An employee hired under a permanent contract lodged a claim against his former employer alleging, among other, that he had been dismissed verbally and that his dismissal was ipso facto unfair. The employer asserted that he dismissed his employee on March 24, 2020, prior to the alleged oral dismissal, with prior notice, by sending a...Continue Reading
The treasury of the Grand Duchy of Luxembourg has just issued and successfully placed another chunk of its sovereign Euro denominated bonds for the total amount of EUR 2,5 billion in order to offer some additional liquidity further to negative effects on the overall macroeconomic situation resulting from the Covid-19 pandemic. The total debt issuance...Continue Reading
According to figures recently published by the Luxembourg Commission for the Supervision of the financial sector (Commission de Surveillance du Secteur Financier or CSSF) the Luxembourg market for alternative investment funds (AIFs) reached its highest net asset value along with a record number of Luxembourg AIFs managed in 2020. As at 31 December 2020, there were 6,100...Continue Reading
Fostering entrepreneurship is a major objective for the Luxembourg economy, as presented last week by the Luxembourg minister for the Middle Classes. To this end, the minister has suggested to reform the existing legal framework in relation to business licences by implementing several measures. First of all, entrepreneurs will have a “second chance” to obtain a...Continue Reading
Remote working has been a major trend for the past few years both in Luxembourg and abroad. It has gained further traction and increased in popularity with the outbreak of COVID-19 pandemic in a bid to limit the spread of the virus at workplace. Mostly unregulated in the initial stage of the COVID-19 pandemic in...Continue Reading
We are pleased to share with you our 100th newsletter. We would like to thank our followers for supporting and interacting with our posts each week. Here’s to the next 100 !!Continue Reading
We are very pleased to share some additional good news. The ranking of the Legal500 has just been published and feedbacks on our firm are excellent ! We have been listed in the Investment Funds and Banking, Finance & Capital Markets rating list for the past 14 years. We are very proud of it and we...Continue Reading
We are very proud to announce that our colleague Joanna Mascherin has successfully passed the avoué Luxembourg bar exam. This is a well-deserved recognition for her hard work, dedication and efforts she put in every day. Congratulations Joanna this is a milestone in your career ! We take the opportunity of this post to congratulate all other...Continue Reading
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