The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Elvinger Hoss Prussen

2 PLACE WINSTON CHURCHILL, 1340 LUXEMBOURG
Tel:
Work +352 44 66 440
Fax:
Fax +352 44 22 55
Email:
Web:
www.elvingerhoss.lu
Hong Kong, Luxembourg

Pit Reckinger

Tel:
Work +352 44 66 440
Email:
Elvinger Hoss Prussen

Work Department

Banking, insurance and finance; Commercial, employment, litigation and arbitration; Corporate and tax; Insolvency and restructuring

Position

Me Reckinger advises banks, insurance companies, corporations and private equity funds in corporate, regulatory and capital market transactions as well as on a continuous basis for corporate housekeeping and compliance matters. His areas of expertise focus specifically on mergers and acquisitions, shareholders agreements and financing documents, bond and equity listings, licencing and regulatory approvals, bank secrecy, aspects of money laundering and compliance issues for banks and insurance companies.

Career

Pit Reckinger worked with “Linklaters & Paines” (London) in 1990/1991. He has been a partner in the corporate, banking and finance group of the firm since 1994.

Languages

He is fluent in French, German, English and Luxembourgish.

Member

He publishes contributions in banking law among others, in the areas of banking regulation, shadow banking, bank confidentiality and money laundering as well as corporate law. He regularly participates in conferences on banking law, securities law and company law related subjects. He is an officer of the Securities Law Committee of the International Bar Association and the chairman of the Commission for Business Law of the Luxembourg bar. He lectures on banking law at the University of Luxembourg

Education

Pit Reckinger is “maître en droit” and holds a DEA in business law from the University of Paris 1 Panthéon Sorbonne. He became a member of the Luxembourg Bar in 1990.


Luxembourg

Commercial, corporate and M&A

Within: Leading individuals

Pit Reckinger - Elvinger Hoss Prussen

Within: Commercial, corporate and M&A

Elvinger Hoss Prussen is regularly involved in the Luxembourg law aspects of significant sponsor-driven international deals. The ‘outstandingToinon Hoss advised on Hellman & Friedman’s acquisition of Securitas, as well as on CVC’s acquisition of Linxens. Patrick Santer, Pit Reckinger and Philippe Hoss are also recommended.

[back to top]

IP and IT

Within: IP and IT

Elvinger Hoss Prussen handles a range of e-commerce, data protection, IP and IT outsourcing agreements work. Linda Funck and Pit Reckinger recently advised Quilvest on the drafting of a range of IT contracts pursuant to an upgrade of its IT system.

[back to top]


Back to index

Legal Developments in Luxembourg

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • ESMA issues new updates to UCITS and AIFMD Q&As

    The European Securities and Markets Authority has issued fresh updates on October 5 to its Questions and Answers documents containing guidance on and interpretation of the EU’s Undertakings for Collective Investment in Transferable Securities (UCITS) and Alternative Investment Fund Managers Directive (AIFMD) regimes. ESMA says the Q&A documents aim to promote common supervisory approaches and practices in the practical application of the various UCITS directives and the AIFMD through responses to questions posed by industry members and regulators themselves.
  • VAT in the GCC – Q&A updates from the UAE Ministry of Finance

    On 9 July the United Arab Emirates (UAE) Ministry of Finance (MOF) published an update of the Value Added Tax (VAT) FAQ section of its website.     
  • Foreign issuers on Luxembourg Stock Exchange must now provide LEI codes

    The Luxembourg Stock Exchange now requires all domestic and foreign issuers operating on the regulated market, the Bourse de Luxembourg, or its Euro MTF multilateral trading facility, to provide the exchange with their legal entity identifier codes. The exchange has called on foreign issuers to check the ongoing validity of their LEI codes with local operating units designated by different countries and to send them to the exchange by e-mail to bolide@bourse.lu .
  • New Tax Procedures Law in the UAE

    On 31 July 2017, the President of the United Arab Emirates (the “UAE ”) issued the new Tax Procedures Law (the “Law ”). This Law contributes to build the UAE’s tax system, to regulate the administration and collection of taxes and most importantly, to clarify the respective rights and obligations between the Federal Tax Authority (the “FTA ”) and the taxpayer.
  • Confirmation of the end of the VAT exemption regime for financial IGPs

    Following the Luxembourg case C-274/15, the series of cases relating to the scope of the cost-sharing VAT exemption also referred to as “Independent Group of Persons” (“IGP”) continues with the release today of three judgements by the Court of Justice of the EU (“CJUE”): Aviva (C-605/15), DNB Banka (C-326/15) and European Commission v Federal Republic of Germany (C-616/15).
  • Luxembourg law on the exploration and use of space resources entered into force

    The Luxembourg law on the exploration and use of space resources of 20 July 2017 entered into force on 2 August 2017 and placed Luxembourg among the most innovative space-oriented nations in the world.
  • UAE domestic VAT law released!

    On 27 August 2017, the United Arab Emirates (the " UAE ") published the text of its domestic Value Added Tax (the " VAT ") Law, shortly after releasing the text of its Excise Tax Law last week, and the Federal Tax Procedures Law earlier this month. It will be followed by implementing regulations, which will provide more detail on application of the VAT Law.
  • ICLG 4th edition - Corporate Immigration 2017

    As Luxembourg is gaining increasing success in international mobility and business immigration , the applicable legal framework has been recently adapted by introducing several new categories of residence permits in Luxembourg, including a residence permit for investors.
  • Posting of workers and its implications for posting companies - New law

    A revision of the Posting Directive became necessary after it proved that the Posting Directive contained numerous pitfalls in the past. In some cases it turned out that companies posting employees were only “letterbox companies” without any substance. In other cases, situations where concerned employees’ rights were being circumvented were unveiled.
  • CSSF provides guidance on PRIIPs KID for Luxembourg alternative funds

    In the latest update of its Frequently Asked Questions document on the legislation governing alternative investment fund managers, published on July 6, 2017, Luxembourg financial regulator CSSF has addressed issues raised by the introduction in January 2018 of the European Union’s regulation on Packaged Retail and Insurance-based Investment Products and its requirement for such products to provide investors with a Key Information Document.