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12/10/2021
On­line gambling law and reg­u­la­tion in Lux­em­bourg
12/10/2021
Leg­al guide for com­pany dir­ect­ors and CEOs in Lux­em­bourg
ESG ob­lig­a­tion for Dir­ect­ors and CEOs 1. Do ex­ist­ing dir­ect­ors’ du­ties con­tain ob­lig­a­tions that ap­ply to mat­ters that could be cat­egor­ised as an ESG con­sid­er­a­tion, e.g. the en­vir­on­ment, em­ploy­ee...
06/10/2021
CMS Lux­em­bourg wel­comes new Seni­or Coun­sel in Dis­pute Res­ol­u­tion
CMS Lux­em­bourg is pleased to an­nounce the ar­rival of Ant­oine Re­il­li­er as Seni­or Coun­sel and Co-Head of its Dis­pute Res­ol­u­tion prac­tice.Ant­oine spe­cial­ises in both do­mest­ic and cross-bor­der lit­ig­a­tion...
06/10/2021
New CSSF Cir­cu­lar on the new EBA guidelines on AML/CTF risk factors
On 24 Septem­ber 2021, the CSSF re­leased its Cir­cu­lar 21/782 which (i) provides in­form­a­tion on the EBA Guidelines (the “GL”) on cus­tom­er due di­li­gence (the “CDD”) and the factors cred­it and fin­an­cial...
06/10/2021
Lux­em­bourg: New CSSF Cir­cu­lar on the new EBA guidelines on AML/CTF risk...
On 24 Septem­ber 2021, the CSSF re­leased its Cir­cu­lar 21/782 which (i) provides in­form­a­tion on the EBA Guidelines (the “GL”) on cus­tom­er due di­li­gence (the “CDD”) and the factors cred­it and fin­an­cial...
30/09/2021
Busi­ness Hu­man Rights emer­ging as a new field of ar­bit­ra­tion?
In 2011, the Hu­man Rights Coun­cil of the UN Gen­er­al As­sembly pub­lished the "Guid­ing Prin­ciples on Busi­ness and Hu­man Rights". The gen­er­al pur­pose be­hind these prin­ciples is to en­hance stand­ards and prac­tices...
28/09/2021
Gen­er­al Court backs European Com­mis­sion in Altice gun jump­ing case – con­firm­ing...
On 22 Septem­ber 2021, the Gen­er­al Court dis­missed Altice's ac­tion against the European Com­mis­sion's 2018 de­cision im­pos­ing two fines totalling EUR 124.5 mil­lion for "gun jump­ing" in con­nec­tion with Altice's...
24/09/2021
CMS Lux­em­bourg ad­vises IDAP glob­al on world’s first fully-di­git­al private...
In­ter­na­tion­al law firm CMS Lux­em­bourg has ad­vised IDAP Glob­al on the world’s first fully-di­git­al private bond with Black Manta Cap­it­al Part­ners (“BM­CP”) as the primary place­ment agent, fin­an­cing...
23/09/2021
EU Court of Justice rules against In­tra-EU ar­bit­ra­tion un­der the En­ergy...
On 2 Septem­ber 2021, the Court of Justice of the European Uni­on (CJEU) ruled that in­tra-EU ar­bit­ra­tions based on the En­ergy Charter Treaty (ECT) vi­ol­ate EU law.  The de­cision is likely to im­pact the...
22/09/2021
Dis­missals in Lux­em­bourg
1. Dis­missal of em­ploy­ees In the past, the law in Lux­em­bourg dis­tin­guished between ‘blue-col­lar work­ers’ and ‘white-col­lar work­ers’. This dis­tinc­tion no longer ex­ists. Lux­em­bourg La­bour Law provides...
Comparable
22/09/2021
Re­cap­it­al­isa­tion of Air France: Vuel­ing in first place for the al­loc­a­tion...
On 20 Septem­ber 2021, the European Com­mis­sion ap­proved the al­loc­a­tion to Vuel­ing of 18 daily slots at Par­is-Orly air­port fol­low­ing a se­lec­tion pro­ced­ure over the sum­mer. This meas­ure is part of the re­cap­it­al­isa­tion...
22/09/2021
“Friends of an ef­fect­ive Di­git­al Mar­kets Act” part 2 – France, Ger­many...
In May 2021, France, Ger­many and the Neth­er­lands pub­lished a non-pa­per with pro­pos­als to im­prove the Di­git­al Mar­kets Act (DMA). In this pa­per, the three mem­ber states, which refer to them­selves as “Friends...