The Legal 500

VERTIGO POLARIS BUILDING, 2-4 RUE EUGÈNE RUPPERT, 2453 LUXEMBOURG
Tel:
Work +352 26 48 42 1
Fax:
Fax +352 26 48 42 35 00
Web:
www.mnks.com
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What we say about the firm's legal practice in Luxembourg

Banking and finance

Within Banking and finance, MNKS (formerly Noble & Scheidecker) is a second tier firm,

MNKS (formerly Noble & Scheidecker) provides ‘creative and innovative’ advice to a solid array of banks, corporates and funds. The team has handled numerous corporate finance matters for a global petrochemicals company, and advised a private equity sponsor on structuring a €90m senior secured agreement for the purposes of acquiring a leading Italian online gaming service provider. Marc Albasser has an excellent reputation for restructuring work, and is ‘clear in his guidance and instruction’. Katia Scheidecker heads the team.

Corporate and M&A

Within Corporate and M&A, MNKS (formerly Noble & Scheidecker) is a third tier firm,

The ‘exceptionalMNKS (formerly Noble & Scheidecker) is particularly accomplished at handling restructuring and insolvency mandates, where it benefits from a strong relationship with the Big Four accountancy firms. The firm also has a significant capability for new money corporate transactions, where the ‘excellent’ Philip Lea is ‘bright, smart, intelligent and can see the big picture’.

Dispute resolution

Within Dispute resolution, MNKS (formerly Noble & Scheidecker) is a second tier firm,

MNKS (formerly Noble & Scheidecker) has a significant profile in the market, and is handling over 70 active litigation cases. Shareholder disputes have dominated the group’s recent workload, including a representation of the majority shareholders of a local online company in a dispute with the minority shareholder. The firm has also been involved in a number of employment disputes, predominantly on the employer side. Recently promoted partner Cindy Arces heads the team.

Employment

Within Employment, MNKS (formerly Noble & Scheidecker) is a first tier firm,

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.

IP and IT

Within IP and IT, MNKS (formerly Noble & Scheidecker) is a first tier firm,

MNKS (formerly Noble & Scheidecker)’s ‘responsive and very personable’ team has ‘great knowledge within the sector’ and handles a predominantly non-contentious workload across a broad spectrum of IP and IT matters for a raft of leading international clients. Recent work includes advising a major international beverages company restructuring on its IP portfolio, and providing data protection compliance work for a number of major companies. ‘Very professional and precise team head Gary Cywie is particularly praised for his ‘excellence at handling IT matters’.

Investment funds

Within Investment funds, MNKS (formerly Noble & Scheidecker) is a third tier firm,

The ‘very proactive and co-operative team’ at MNKS (formerly Noble & Scheidecker) provides an ‘excellent’ service to regulated and non-regulated funds throughout their lifecycle, from structuring to investments. Praised for its ‘creativity and innovation’, the team recently advised a French management company on the establishment of a multiple compartmental hedge fund under the form of a SIF. Katia Scheidecker heads the team.


Further information on MNKS (formerly Noble & Scheidecker)

Please choose from this list to view details of what we say about MNKS (formerly Noble & Scheidecker) in other jurisdictions.

Luxembourg

Offices in Luxembourg

Legal Developments by:
MNKS (formerly Noble & Scheidecker)

  • 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
    - MNKS (formerly Noble & Scheidecker)

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.