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Court of Appeal confirms strong position of pledgee under collateral Law

Court of Appeal confirms strong position of pledgee under collateral Law
10/02/2019

The strong protection of secured parties under pledge agreements governed by the Luxembourg law of August 5th 2005 on financial collateral arrangements, as amended, (the “Collateral Law”) has been further reinforced by the Luxembourg court of appeal (Cour d’Appel) (the “Court”),

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New Civil Procedure Code : Law of 18 July 2018

New Civil Procedure Code : Law of 18 July 2018
27/09/2018

The Law of 18 July 2018 supplements the Law of 17 May 2017 on the implementation of  Regulation (EU) 655/2014, which established a European Account Preservation Order (“EAPO”) procedure, as an alternative to existing legal debt recovery procedures in each EU country.

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Enforceability of a

Enforceability of a "Mandat de Protection Future"
06/08/2018

In a judgment dated June 6th 2018, the District Court of Luxembourg (le Tribunal d’Arrondissement de et à Luxembourg) made a mandat de protection future, under French law, enforceable, for the first time in the Grand Duchy of Luxembourg.

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 What You Need to Know About the ICC's New Expedited Procedure

What You Need to Know About the ICC's New Expedited Procedure
15/05/2017

The expedited procedure of the International Court of Arbitration of the International Chamber of Commerce (ICC), in force since 1 March 2017, and applicable by default to cases where the amount in dispute is less than two million dollars (approximately 1.84 million euros), is intended to offer an efficient and swift means of dispute resolution, while lowering the cost of arbitration.

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The EU Regulation 655/2014 on transactional seizures on bank accounts

The EU Regulation 655/2014 on transactional seizures on bank accounts
24/04/2017

On 18 January 2016 the Regulation (EU) No 655/2014 of 15 May 2014 establishing a European Account Preservation Order (EAPO) procedure to facilitate cross-border debt recovery in civil and commercial matters entered into force (the “Regulation”).

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The European cross- border bank account freezing regulation

The European cross- border bank account freezing regulation
06/04/2017

On 18th January 2017, the Regulation (EU) No 655/2014 of the European Parliament and of the Council of 15 May 2014 establishing a European Account Preservation Order (“EAPO”) came into force.

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Nouveau cadre légal en matière de crédit hypothécaire

Nouveau cadre légal en matière de crédit hypothécaire
23/02/2017

La loi du 23 décembre 2016 relative aux contrats de crédit immobilier (la « Loi ») s’inscrit dans le sillage d’une directive européenne précédente sur le crédit aux consommateurs, transposée au sein du Code de la consommation, mais dont les dispositions ne s’appliquaient pas aux contrats de crédit hypothécaire. La Loi vient donc parachever ce régime, en introduisant un nouveau chapitre 6 sur les contrats de crédit immobilier dans le même code.

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Guidelines, Fact Sheets and Myth-Busting: EU Working Hard to Clarify the Right to Be Forgotten
16/10/2014

Since the EU Court of Justice made its ruling on the right to be forgotten in May 2014, the topic has been in the media almost incessantly. Most of the debate concerns matters of principle: does the right amount to censorship, who is permitted to exercise the right and under what conditions, and does it actually benefit privacy? As new cases continue to come up, the EU is working hard to provide guidelines, fact sheets and myth-busting documents to explain why the ruling makes sense.

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