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Latest Newsletters & Newsflashes
Jan 09, 2025Consumer Credit | CSSF guidelines
Continuation of the temporary LTV adjustment for buy-to-let consumer residential real estate loans CSSF Regulation No. 24-10 of 30 December 2024 extends a temporary adjustment to CSSF Regulation N° 20-08 which regulates maximum LTV ratios applicable to residential real estate loans for immovable
Oct 15, 2024Real Estate I Initial period of validity of building permits extended
On 10 October 2024, the draft law n° 8369 (the “ Draft Amendment Law”) amending the amended Law of 19 July 2004 on municipal planning and urban development (the “ Municipal Planning and Urban Development Law”), which aims to extend the initial period of validity of building permits from one year to
Jul 26, 2024Newsflash | Reform of Residential Leases
The law of 23 July 2024 on the reform of residential leases has been published on the Luxembourg Official Gazette. The main purpose of the reform is to remedy the difficult situation on the rental market in the Grand Duchy of Luxembourg due to existing legal inaccuracies and abuses, particularly
Feb 08, 2021COVID-19 | Luxembourg Law Updates
This section is intended as a general discussion on the latest topics concerning Covid-19 and the Luxembourg Law. If you would like to know more about the topics covered in this newsletter or our services please contact us. AML Annual AML Survey - Deadline Extended BANKING & FINANCE State Guarantee
Feb 02, 2021Newsflash | In Luxembourg, first court decisions on COVID-19: rents for commercial leases are suspended during periods of forced closure
Commercial leases are among the contracts that are the subject of numerous disputes because of the economic situation generated by COVID-19. At the beginning of the health crisis, a draft law was considered, to temporarily suspend the obligation to pay rents related to commercial leases. However
Feb 02, 2021Newsflash | Premières prises de position des tribunaux luxembourgeois au sujet du COVID-19 : les loyers des baux commerciaux ne sont pas dûs pendant la fermeture obligatoire des lieux loués
Parmi les contrats qui font l’objet de nombreuses controverses à cause de la situation notamment économique générée par le COVID-19, il y a les baux commerciaux. Au début de la crise sanitaire, une proposition de loi avait été déposée afin de suspendre l’obligation de paiement des loyers relatifs
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