Legal500

Allen & Overy Luxembourg

33 AVENUE J.F. KENNEDY, PO BOX 5017, L-1855 LUXEMBOURG

Warsaw, Tokyo, Sydney, Singapore, Shanghai, Rome , and 28 more

What we say about the firm's legal practice in Luxembourg

Banking and finance

Within Banking and finance, Allen & Overy LLP is a first tier firm,

Global banking and finance giant, Allen & Overy Luxembourg is ‘highly professional’, ‘fast’ and ‘accurate’. The firm has done ‘extremely well on structuring highly complex deals’. During 2009 and 2010, the firm continued to work on a series of major restructurings, including representing JPMorgan on the restructuring of the Wind Hellas group. Securitisation is another key part of the practice, most notably for Frank Mausen. Luxembourg managing partner Henri Wagner provides a ‘high-level service’, particularly in the capital markets environment, while André Marc and Pierre Schleimer are also recommended.

Corporate and M&A

Within Corporate and M&A, Allen & Overy LLP is a first tier firm,

Allen & Overy Luxembourg is ‘accessible’ and ‘responsive’, provides ‘an excellent level of service’ and delivers ‘fast’ and ‘reliable’ advice. It has an unrivalled record in M&A, private equity, restructuring and IPOs. It recently advised Avelar Energy on a new Luxembourg joint venture with Enovos Luxembourg. Senior partner Marc Feider (‘deep transaction, tax and financing experience’) is a pre-eminent figure in Luxembourg. Fabian Beullekens is also recommended.

Dispute resolution

Within Dispute resolution, Allen & Overy LLP is a second tier firm,

Allen & Overy Luxembourg is commended for being a ‘business-oriented firm’, which delivers ‘accurate advice’ from ‘very reactive and available lawyers’. Donata Grasso (‘great attorney’, ‘very professional in a trial’) and Vincent Naveaux (‘client focused’) were promoted to counsel in 2010. Much of the department’s recent workload has stemmed from the financial crisis, although it is demonstrating its expertise in the broader disputes environment.

Employment

Within Employment, Allen & Overy LLP is a first tier firm,

Allen & Overy Luxembourg is a clear leader in collective dismissals and social plans, most notably in the financial services sector. Much credit goes to André Marc (‘extremely dedicated’, ‘always available’, ‘very proactive’), though the departure of counsel Christian Jungers to Kleyr | Grasso | Associes is regarded as a significant blow. Nevertheless, clients commend the team’s ‘experience’, ‘business acumen’ and ‘industry knowledge’.

IP and IT

Within IP and IT, Allen & Overy LLP is a first tier firm,

Allen & Overy Luxembourg has an eminent reputation for contentious IP, most notably patent litigation, as well as outsourcing and data protection. IP specialist Katia Manhaeve was elevated to partner in May 2010, and is particularly active in the R&D and life sciences sectors, as well as unfair competition. Recent highlights include representing an international fashion group on the transfer and restructuring of its IP portfolio. Counsel Cyril Pierre-Beausse provides considerable experience in IT (including outsourcing), data protection and related regulatory matters (particularly in the financial sector).

Insurance

Within Insurance, Allen & Overy LLP is a first tier firm,

Allen & Overy Luxembourg focuses principally on M&A and regulatory issues. The firm recently advised Fortis Group on the sale of Fortis Luxembourg IARD to Bâloise Assurances Luxembourg and represented SEB on the launch of an insurance brokerage business under Luxembourg law. Pierre Schleimer, along with senior associate Renaud Graas are recommended for insurance and re-insurance M&A, regulatory and insolvency issues, while Fabian Beullekens is also experienced in insurance M&A.

Investment funds

Within Investment funds, Allen & Overy LLP is a second tier firm,

Allen & Overy Luxembourg provides a ‘fast and efficient service’, with Jean-Christian Six and counsel Patrick Goebel (‘really helpful’, ‘excellent’) as the standout practitioners. The firm recently advised the sponsors on the setting-up of the Marguerite Fund, a pan-European infrastructure fund. The broad practice covers a variety of funds including SICAFs, SICAVs and SIFs. Pierre Schleimer is recommended for regulatory issues.

Real estate

Within Real estate, Allen & Overy LLP is a first tier firm,

The multi-specialist partner André Marc and real estate counsel Serge Hoffmann are the senior members of Allen & Overy Luxembourg’s department. The firm represents a number of European banks with operations in Luxembourg, as well as a multitude of international developers and real estate funds. It recently advised Commerzbank International on the sale of the former headquarters of Dresdner Bank Luxembourg to the Luxembourg government.

Tax

Within Tax, Allen & Overy LLP is a first tier firm,

Allen & Overy Luxembourg has particularly notable expertise in capital markets, cross-border M&A and investment funds. It worked on the launch of the Marguerite Fund, an €1.5bn pan-European infrastructure SIF. It also represented Deutsche Bank as arranger of a $100m convertible murabaha facility made to Gulf Finance House. The eminent Jean Schaffner leads the department, with real estate expert Jean-Luc Fisch and capital markets specialist Patrick Mischo.

What we say worldwide

Please choose another Allen & Overy LLP office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

United Arab Emirates

Offices in Abu Dhabi and Dubai

Australia

Offices in Perth and Sydney

Belgium

Offices in Brussels and Antwerp

China

Offices in Beijing and Shanghai

Czech Republic

Offices in Prague

Germany

Offices in Frankfurt, Hamburg, Mannheim, Dusseldorf, and Munich

Algeria

Foreign firms : Foreign firms

Spain

Offices in Madrid

France

Offices in Paris

Ghana

Legal market overview : Legal market overview

Hong Kong

Offices in Hong Kong

Hungary

Offices in Budapest

Indonesia

Legal market overview : Legal market overview

India

Italy

Offices in Milan and Rome

Japan

Offices in Tokyo

London

Offices in London E1 and London E14

Luxembourg

Offices in Luxembourg

Morocco

Offices in Casablanca

Foreign firms : Foreign firms

Nigeria

Legal market overview : Legal market overview

Netherlands

Offices in Amsterdam

Oman

Legal market overview : Legal market overview

Philippines

Foreign firms : Foreign firms

Poland

Offices in Warsaw

Qatar

Offices in Doha

Russia

Offices in Moscow

Singapore

Offices in Singapore

South Korea

Foreign firms : Foreign firms

Slovakia

Offices in Bratislava

Saudi Arabia

Offices in Riyadh

Thailand

Offices in Bangkok

Tunisia

Foreign firms : Foreign firms

United States

Offices in New York

Search News and Articles

Legal Developments in Luxembourg

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

Esma advice increases certainty on third-country AIFM Directive questions

The European Securities and Market Authority’s 500 pages of technical advice to the European Commission on Level 2 measures implementing the Alternative Investment Fund Managers Directive have helped to bring greater certainty to the global fund industry on what it can expect in July 2013 and thereafter.

- Chevalier & Sciales
Double tax treaty between Luxembourg and...

Qatar, Barbados, Panama

- VANDENBULKE
Luxembourg – Russia Protocol

Russia and Luxembourg recently signed a new Protocol, which amends the Double Tax Treaty (DTT) signed on 28 June 1993. Most of the amendments are constructive and should, among others, increase the competitiveness of Luxembourg aside other European jurisdictions that are generally and currently preferred as intermediary hubs to hold investments with Russia.

- VANDENBULKE
2011 Guide to setting-up Luxembourg alternative investment funds

Please find below the link to the 2011 guide on the setting-up of Luxembourg alternative investment funds.

- Chevalier & Sciales
Real Estate 2011

A practical cross-border insight into real estate law

- MOLITOR Avocats à la Cour
EMPLOYEE PARTICIPATION

1. Is it common for employees to be offered participation in an employee share plan? About 30% of all companies based in Luxembourg offer an employee share plan to some or all of their employees. 2. Is it lawful to offer participation in an employee share plan where the shares to be acquired are shares in a foreign parent company?

- MOLITOR Avocats à la Cour
Esma finalises advice to European Commission on AIFMD Level 2 measures

The European Securities and Markets Authority has published on November 16 its final advice to the European Commission on the detailed rules underlying and implementing the Alternative Investment Fund Managers Directive. The Commission is expected to issue the rules in the form of subsidiary legislation and regulation by the middle of next year. According to Esma, its proposed rules should establish a comprehensive framework for alternative investment funds, their managers and depositaries, and by achieving the directive’s aim of increasing transparency and mitigating systemic risk, ultimately contribute to improved protection of investors.

- Chevalier & Sciales
Assets on Ice

A creditor facing the inaction and non-payment of its debtor, especially if the latter is facing financial difficulties or is showing an obvious lack of enthusiasm to fulfill its obligations, may, to say the least, be tempted to use coercive measures.

- OPF Partners
Reorganisation and winding up of credit institutions

Martine Gerber-Lemaire writes on how the implementation of Directive 2001/24/EC on the reorganisation and winding up of credit institutions in five European countries has led to the acknowledgment of heterogeneous insolvency regimes in the EU

- OPF Partners
DOUBLE TAX TREATY BETWEEN LUXEMBOURG AND HONG KONG

THE CHINESE SILK ROAD RE-OPENS

- MOLITOR Avocats à la Cour