Since our creation just over 25 years ago (28 to be precise), we have focused on advising companies and their founders or shareholders, both locally and internationally. What are the foundations of your firm, which has just celebrated its 25th anniversary? To put it succinctly: we are a firm of entrepreneurs for entrepreneurs. On a […]
(Court of Appeal, 4th ch., 7 March 2023, judgment no. 39/23 IV) The decision of the Court of Appeal of 7 March 2023 (now res judicata) is worth highlighting in relation to the issue of the liability of the banker, or more generally the payment service provider (the “PSP”), when it executes a transfer that […]
(Cour d’appel, 4e ch., 7 mars 2023, arrêt n° 39/23 IV) La décision que la Cour d’appel a rendue le 7 mars 2023 (aujourd’hui coulée en force de chose jugée), mérite d’être soulignée par rapport à la question de la responsabilité du banquier, ou plus généralement du prestataire de services de paiement (PSP), lorsque celui-ci […]
Introduction Jusqu’à ce jour, le Grand-Duché de Luxembourg ne s’était jamais doté d’une loi relative à la dormance ainsi qu’à la déshérence dans le secteur financier. Grâce à la loi du 30 mars 2022, entrée en vigueur en date du 1 juin 2022, c’est désormais chose faite. Cette nouvelle loi s’inscrit dans une triple démarche […]
Armel Waisse and Laurent Henneresse have contributed to the winter 2020/2021 edition of Eurofenix, INSOL’s quarterly journal. INSOL is an organisation of professionals who specialise in insolvency, business reconstruction and recovery.
Introduction In response to the spread of COVID-19 across the globe, a variety of economic relief measures have been taken and proposed by national governments and EU bodies in order to support individuals, households and businesses affected by the crisis and facing difficulties with the timely repayment of their financial commitments. As Luxembourg is approaching […]
The law of 10 July 2020 regarding professional payment guarantees (the“PPG Law”)[1] introduces a new and flexible type of personal security (sûreté personnelle) in the Luxembourg legal environment, which is expected to become a not-to-be-missed tool in the coming years. Professional payment guarantees will certainly rival some foreign instruments, such as English law guarantees and […]
Actes du colloque organisé le 27 juin 2014 par le Centre juridique franco-allemand de l’Université de la Sarre : Le Crowdfunding ou financement participatif : état des lieux en Europe, Allemagne, France et Luxembourg
A practical cross-border insight into lending and secured finance.