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Allen & Overy Luxembourg handles a raft of advisory and litigation work for its strong corporate and financial institution client base and also generates a significant number of standalone instructions. The firm handles the vast majority of collective dismissal plans in the market. André Marc is ‘well prepared on all human resources matters’, and has extensive experience negotiating social plans.

Arendt & Medernach represents clients from a broad array of industry sectors, although it is best known for its work on behalf of banking and industrial sector clients. The team is involved in M&A schemes and related restructuring measures, in addition to collective dismissals and social plans. Louis Berns is recommended.

Very strong’ niche employment firm Castegnaro, member of Ius Laboris exclusively represents corporates and employers across a range of matters including collective dismissals and social plans. Guy Castegnaro is ‘excellent at negotiating with trade unions and has amazing knowledge of Luxembourg case law’.

Kleyr | Grasso | Associes continues to make headway in the market under the guidance of Christian Jungers. Bolstered by a number of former Allen & Overy Luxembourg associates, the team has the strength and depth to handle the full complement of contentious and non-contentious employment work including collective dismissals and social plans. The firm also has a good reputation for handling the employment issues associated with corporate restructurings.

Linklaters LLP predominantly handles advisory employment work for financial institutions and asset managers. The team works very closely with the corporate team to provide employment advice associated with M&A transactions and restructurings. René Diederich is particularly recommended for restructuring and transfer of undertakings.

Under the expert guidance of Marielle Stevenot, MNKS (formerly Noble & Scheidecker)’s employment group has significant market visibility across a raft of mandates and is increasingly active on the contentious side. Corporate reorganisations and collective redundancies are also a staple of the practice.

Adam & Bleser is the ‘pre-eminent law firm for advising employees’. Romain Adam has ‘a fantastic reputation’ in the market on behalf of employees and labour unions.

Bonn Steichen & Partners handles a range of non-contentious and contentious employment matters including social security, company pensions and benefits.

Headed by Pierre Elvinger and Léon Gloden, Elvinger, Hoss & Prussen’s employment practice has been particularly active advising clients on the employment issues associated with transfers of undertaking and cross-border mergers. The team continues to advise Banque Havilland on the employment issues associated with the reorganisation of its business. Other clients include Citibank, Oracle, Vodafone and Intelsat.

Kremer Associés & Clifford Chance has ‘vast experience and knowledge’ across the full spectrum of employment issues. The firm is instructed by a number of high-profile financial institutions to advise across a broad swathe of matters including TUPE issues and workforce reductions. ‘Pragmatic and commercial’ team head Albert Moro is ‘extremely knowledgeable and able to quickly analyse any legal issue’, and counsel Isabelle Comhaire ‘provides great expertise in data protection legislation’.

Employment law has been one of the cornerstone practice areas of Molitor Avocats à la Cour since its foundation 25 years ago. Consequently, the firm has a well-established reputation in the market across the full range of issues including social plans, privacy, collective dismissals and data protection. Headed by Nadine Bogelmann, the team has an impressive roster of clients in the hotel and catering sector.

Brucher Thieltgen & Partners advises employers and employees on employment issues. Nicolas Thieltgen is recommended.

DSM Di Stefano Moyse Avocats à la Cour is particularly noted for representing multinational corporates in employment litigation. The team also handles advisory work and handles a full spectrum of matters including issues relating to employee benefits.

Boutique labour law specialist Decker, Braun and Poos is ‘very good at handling litigation on behalf of employees’.

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Legal Developments in Luxembourg

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Towards a stronger enforcement of competition law in Luxembourg from 1 February 2012

    Seeking to improve the efficiency of its Competition authority, the Grand Duchy of Luxembourg adopted last 23 October 2011 a new competition law.
  • Luxembourg Alternative Investment Funds

    Asset Classes - Hedge; Real Estate; Private Equity; Venture; Mezzanine; Infrastructure
  • New Germany - Luxembourg double tax treaty signed

    On 23 April 2012, the Grand Duchy of Luxembourg and the Federal Republic of Germany signed a new double tax treaty (the "New Treaty") which will replace the double tax treaty currently in force dated 23 August 1958. The New Treaty basically follows the provisions of the OECD Model Tax Convention, but certain specific provisions have been added.
  • Tax Update April 2012

    Our April tax update highlights the latest important changes in Luxembourg tax law, including the enactment of the law relaxing the conditions to be met in order to benefit from the SPF tax status. Other topics include inter alia recent case law on the exemption of income deriving from the sale of preferential subscription rights and the first decisions of the Luxembourg administrative courts relating to the exchange of information upon request based on the law of 31 March 2010.
  • European Commission publishes AIFMD level 2 implementation proposals

    The European Commission’s proposals for level 2 implementation measures for the Alternative Investment Fund Managers Directive has been circulated to European Union member states and to the European Parliament. The Commission’s draft has prompted criticism from hedge fund managers quoted in media reports and from a hedge fund industry body, the Alternative Investment Management Association, that in certain areas its proposals differ significantly from those put forward by the European Securities and Markets Authority (Esma) in its advice delivered to the Commission on November 16.
  • Luxembourg’s amended SIF law comes into force

    Luxembourg’s legislation amending the February 2007 law on Specialised Investment Funds came into force on April 1, following publication in the country’s official gazette, the Mémorial, on March 30. It is now identified as the law of March 26, 2012, the date on which it received royal assent.
  • ESMA refines proposed framework to deal with complexity of ETFs and other Ucits

    The European Securities and Markets Authority has published on January 30 a consultation paper proposing future guidelines for exchange-traded funds established as Undertakings for Collective Investment in Transferable Securities and other issues related to the Ucits regime. The Esma proposals cover both physical ETFs, which replicate the performance of stock, bond, commodity, currency or other indices by holding shares or other securities in the proportions that make up the index in question, or a sample thereof, and synthetic ETFs, which use swap transactions to obtain the economic performance of the index, using a basket of securities as collateral.
  • Publication of the new law on SIFs

    The law of 26 March 2012 amending the law of 13 February 2007 relating to specialised investment funds (“SIFs”) was published today in the Mémorial A-063 and will enter into force on 1 April 2012. 
  • ACCOUNTING ASPECTS

    I. Law of 10 December 2010 relating to the introduction of the International Financial Reporting Standards (IFRS) II. Grand-Ducal Regulation of 14 December 2011 relating to the procedure for filing financial information electronically with the Luxembourg Trade and Companies Register
  • ESMA launches discussion paper on AIFMD technical standards

    The European Securities and Markets Authority has published on February 23 a discussion paper on key concepts of the Alternative Investment Fund Managers Directive and types of alternative fund manager to initiate a consultation process aimed at finalising its policy approach.

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