Elvinger Hoss Prussen > Luxembourg, Luxembourg > Firm Profile

Elvinger Hoss Prussen > The Legal 500 Rankings

Luxembourg > Banking, finance and capital markets Tier 1

‘At the forefront of the financial industry’, Elvinger Hoss Prussen provides ‘market oriented and very precise’ advice to local/international banks, corporates and funds across a wide array of financing/advisory mandates. Capital markets work is a particularly strong suit for the firm, where a balanced issuer and underwriter client roster ensures that it picks up sizeable deal flow from both sides of the table, including on sustainable bonds. Notably, Philippe Hoss advised the underwriters to the Luxembourg government on its recent €2.5bn bond issuance. Karl Pardaens co-heads the firm’s capital markets initiative alongside Hoss and as well as handling conventional debt and equity work in the space, is also abreast of cutting-edge fintech-related developments, including in the context of tokenised bond offerings. André Hoffmann is vastly experienced across pure financial services regulatory matters and provides ongoing corporate governance advice to clients on their day-to-day activities, as well as assisting international entities on the necessary compliance/regulatory issues associated with establishing a presence in Luxembourg. The team also has ‘exceptional knowledge of fund finance transactions’, an area in which Cintia Martins Costa is particularly accomplished. Pit Reckinger is also recommended.

Luxembourg > Commercial, corporate and M&A Tier 1

Elvinger Hoss Prussen provides ‘incredibly responsive and very creative‘ advice to local and international entities across a range of commercial matters, as well as in a transactional context, including as it pertains to M&A, joint venture structuring and large-scale reorganisations. Benefitting from a ‘great understanding of the tax and economic side of deals’, Toinon Hoss has an excellent reputation among private equity funds for M&A work, where she is noted for her ‘hands-on approach‘ and willingness to really fight to protect her clients' needs. Philippe Hoss is a stalwart of the local market and as well as handling conventional M&A and capital markets work, is also at the cutting edge of developments, as was recently exemplified by his representation of Alussa Energy Acquisition on its business combination with Norway-based energy company FLEYR, in what was one of the first de-SPAC transactions involving Luxembourg. Pit Reckinger is also recommended.

Luxembourg > Dispute resolution Tier 1

Elvinger Hoss Prussen is adept at handling corporate, commercial, civil and administrative litigation for corporates, financial institutions and individuals. As well as its excellent procedural understanding of the Luxembourgish civil litigation landscape, the team, which is headed by the ‘friendly and sincere’ Pierre Elvinger and Marc Elvinger, is also seamlessly able to draw upon the subject matter knowledge of lawyers from across the firm’s market-leading full-service business law offering. Elisabeth Omes is also recommended, particularly in the context of financial services-related disputes.

Luxembourg > Investment funds Tier 1

With an ‘in-depth knowledge’ of the market and ‘an excellent relationship with the regulator’, Elvinger Hoss Prussen‘s 14-partner team which is led by Jacques Elvinger is well-placed to provide ‘very professional and responsive‘ advice to fund managers across the full spectrum of retail and alternative funds. UCITs-related work still accounts for a significant proportion of the workload handled by the team, however, this should not detract from the team’s strength in the alternative space, an area in which the ‘knowledgeable, commercial and pragmatic’ Joachim Cour particularly excels. The ‘very well-connected‘ Jérôme Wigny is ‘a superb all-round investment funds’ partner and regularly advises international asset managers on the establishment of Luxembourg-based AIFMs. Sophie Laguesse is particularly well-versed in structuring private equity and real estate funds (as well as advising them on JV projects and corporate governance matters) and is recognised for her aptitude at handling ‘complex projects with time constraints’. Gast Juncker has longstanding expertise in the retail space, including work for Asian clients, which is also enhanced by the firm’s Hong Kong-based office, headed by the ‘bright and technically competent’ Xavier Le Sourne.

Luxembourg > IP and IT Tier 1

The ‘highly experienced and skilled’ team at Elvinger Hoss Prussen remains best-known for the ‘pragmatic approach’ it provides to financial services and insurance clients on IT-related contractual matters. The ‘very responsive and skilled’ Gary Cywie is pivotal to this work, including in the context of IT outsourcing agreements. Cywie is also very well-versed on data protection/privacy mandates, in addition to fintech-related matters, including as it relates to blockchain and virtual currencies. Linda Funck co-heads the team alongside Cywie and is particularly well-regarded for her advice on technology-related M&A transactions.

Luxembourg > Private equity Tier 1

Benefiting from strong M&A, fund structuring and regulatory expertise, the ‘tightly integrated and highly co-ordinated team’ at Elvinger Hoss Prussen ‘has an extensive knowledge of the applicable standards for the industry’ and provides ‘commercially savvy and legally accurate advice’ to many leading sponsors across the full range of their Luxembourg-based needs associated with big-ticket international mandates. The ‘smart and innovative‘ Toinon Hoss has a fiercely loyal client base that is appreciative of her ‘encyclopaedic knowledge of the law’ and her ‘great understanding of the tax and economic side of deals‘.

Luxembourg > Real estate and construction Tier 1

Benefitting from a 'deep knowledge of both the theoretical and practical sides of real estate’, Elvinger Hoss Prussen provides a 'solutions-oriented' approach – effectively drawing upon complementary areas including tax, funds, corporate and finance – across a range of real estate projects relating to retail, office space, residential and hospitality. The team is, however, perhaps best-known for its development expertise and in this context it adds value to developers and end-users through the high level of knowledge it has in relation to urban zoning and environmental issues. 'Responsive and empathetic' counsel Stéphanie Pautot 'does her best to solve issues with balanced solutions' and is recommended alongside zoning/environmental expert Nathalie Prüm-Carré and team head Léon Gloden.

Luxembourg > Tax Tier 1

Although its work extends beyond the asset management space to also include tax advice to high-net-worth individuals and large employers establishing or moving into new offices in Luxembourg, Elvinger Hoss Prussen remains best-known for the 'efficient and responsive' service it provides to collective investment schemes and alternative funds. Elisabeth Adam  provides 'responsive and solutions-oriented advice' and recently provided the tax structuring pursuant to Brookfield Asset Management's merger with Oaktree Luxembourg AIFM. Isabelle Gervais  co-heads the team alongside Adam and is noted, in particular, for her transfer pricing expertise.

Luxembourg > Employment Tier 2

Elvinger Hoss Prussen is adept at handling the full range of individual and collective employment issues, including advice on contract drafting/amendments and renumeration, for an employer-focused client base that includes many within the banking and asset management space. Pierre Elvinger co-heads the team alongside Florence Apostolou and is particularly noted for his employment litigation expertise, including as it relates to unfair dismissal and data theft.