This article highlights certain features of Luxembourg insolvency laws relevant for international groups, which include Luxembourg companies. Following the end of Covid-related support measures and considering the current challenging global economic conditions, the number of bankruptcy filings in Luxembourg has increased recently. Since Luxembourg is an important financial hub, many of such bankrupt companies are …
With the downward trend of Covid-19 infections due to effective vaccines, the lifting of various government restrictions, and the recent declaration of the World Health Organization regarding the end of the Covid-19 as a public health emergency, employers have been keen on exploring return to office arrangements. Whether it is to promote office culture and …
From 1 July 2023, employers must take into account that various points in employment and HR practice will change. Below you will find the most important changes.
Today’s dynamic and digitalised business environment obliges companies to protect its workforce, confidential information and trade connections; and a common way is to rely on non-compete clauses in employment contracts. One prime objective is to prevent key employees who have left the company from engaging in activities which would otherwise unduly interfere with or prejudice …
Introduction of the Act South Korea’s Serious Accidents Punishment Act (SAPA or the Act), enacted on 27 January 2022, has substantially impacted the country’s legal landscape. Primarily aimed at preventing grave accidents, ensuring accountability, and protecting the lives and well-being of citizens and workers, SAPA introduced significant legal consequences for businesses. The Act places a …
As most employers doing business in Puerto Rico are aware, employment is a highly legislated field in this jurisdiction. All employers are required to have in place a vast array of policies and procedures, and to comply with countless laws and regulations governing everything from the initial recruitment process to post-termination issues. However, it has …
Our key conclusions are: The fundamental data protection principles have stood the test of time and have the flexibility to adapt to apply to new technologies. Public engagement and education is key for good outcomes. The ICO continues to use the carrot, although a range of sticks are available. It is the courts who are …
Litigators’ duties It is well-known that lawyers have duties to their clients: a lawyer must seek to follow their client’s instructions and act in their best interests. In a dispute, that means presenting the client’s case in a compelling way and pursuing the strategy most likely to result in a positive outcome. But the duty …
In Managed Legal Services, we talk about delivering value to in-house teams through right-sourcing. This means getting the work done by the right resource, at the right time at a price point that doesn’t make your eyes water. The overall alternative legal services market is growing by at least 20% compound year on year, according …
The unprecedented global events of the past three years and growing importance of advanced technologies, such as artificial intelligence, have highlighted the role of innovative solutions in addressing new challenges. These events, including the Covid-19 pandemic and green transition, as well as the present economic slowdown, have led businesses to evaluate risk management strategies and …
