The British Chamber of Commerce People & Leadership Group held its first online workshop on Wednesday 29 April in its “Engaging Employees” theme for 2020 on the topic of “Your brain under quarantine”.
DLA Piper has the pleasure to announce a new round of promotions in Luxembourg. Once again the range of practice areas in which we have promoted our lawyers demonstrates the continued commitment to our global network and reflects the diversity of expertise within DLA Piper Luxembourg. The newly promoted lawyers, effective as of 1 May 2020, are: • David Alexandre (Intellectual Property & Technology) has been promoted to Counsel • Christina Nickel (Finance, Projects & Restructuring) has been promoted to Senior Associate • Marceau Visano (Investment Funds) have been promoted to Senior Associate DLA Piper’s Country Managing Partner in Luxembourg, Catherine Pogorzelski, commented: "I would like to congratulate David, Christina and Marceau on their promotions. These promotions are testament to their hard work and dedication, in addition, to the collective success in the delivery of a high quality legal services, value to our clients and growth of the Luxembourg office over the past years. In the current context, more than ever, they reflect our on-going commitment to organic growth through the development and promotion of our people.”
Adam Marshall will be discussing with renowned economist Vicky Pryce how the current situation has affected the economy whilst in lockdown. They will also look at the implications to re-starting the economy and what the road to recovery could look like.
Luxembourg mental health association d'Ligue (Ligue Luxembourgeois d'Hygiène Mentale) announced that the mental health website covid19-psy.lu is now available in three languages: English, French and German.
With effect from 1 May 2020, Martin Mager has been elected Partner in the latest round of Linklaters’ global partner elections.
Like many other European states, Luxembourg took, and is still about to take, many unprecedented support measures for the real economy strongly affected by COVID-19. Luxembourg recently adopted the law of 3 April 2020 on the provision of aid to undertakings in temporary financial difficulties and the law of 18 April 2020 on the guarantee regime for the Luxembourg economy in the course of the COVID-19 outbreak.
The European Securities and Markets Authority published its final report on the guidelines on performance fees in UCITS and certain types of AIFs on 3 April 2020 (the “Guidelines”).
NALA - The new website for small and independent businesses in Luxembourg offering delivery or take away services during the Covid-19 confinement, and for customers who would like to order from Luxembourg retailers Free, secure, user-friendly, national and independent
The hotline 8002 8080 set up in the context of the COVID-19 outbreak now offers multilingual psychological support, seven days a week, from 7 a.m. to 11 p.m. In a period of containment linked to the COVID-19 epidemic, many people in crisis, anxiety or discomfort find themselves alone facing their questions and uncertainties. This telephone psychological support service is therefore offered to all those who feel the need. It is operated by highly qualified teams prepared to guide a person in distress, by teleconsultation.
On 21 March 2020, the Luxembourg Government de-clared a state of emergency (état de crise) for a period of up to three months based on article 32 (4) of the Luxembourg Constitution, enabling it and the CSSF to enact some temporary measures to facilitate the continuance of business of Luxembourg investment funds, management companies and alternative investment fund managers.
In response to the economic challenges arising from the coronavirus crisis, the Luxembourg Government has set up an economic support package. The exceptional and extraordinary measures included are worth nearly €9 billion, or roughly 15% of GDP. This is the largest amount of economic aid ever mobilised in Luxembourg to help businesses and their employees get through difficult times. In response to the emergency, the economic support package addresses all businesses: small merchants, SMEs and self-employed people. Many of the governmental support measures are also suitable for startups. We will in the coming days offer a series of webinars about these support measures. Further details about the agenda and registration links will be available soon. For further information, please contact start@luxinnovation.lu.
The British Chamber of Commerce for Luxembourg is pleased to invite our members to a Covid-19 Innovation Conference - Worldwide Online Investment Event organised by the British Chamber of Commerce in Israel. This will take place from 06-07 April 2020. You can find more information and free registration details here.
