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The situation created by Covid-19 The health crisis linked to the spread of Covid-19 and the restrictive measures taken by public authorities to stop the spread of this virus are having a violent impact on all sectors of society. Brucher Thieltgen & Partners gives you forthwith some answers to urgent questions that arise in various sectors of the economy. Questions that arise in relation to investment funds The financial markets, which are known both for their volatility and for being conducive to panic movements uncorrelated to the actual financial health of listed assets, have been plummeting in recent weeks. Open-ended investment funds are generally obliged (whether daily, monthly or at more extended intervals) to redeem the units of their investors who so request. To this end, the funds calculate their net asset value and, if necessary, sell assets in order to meet redemption requests. The crisis in the financial markets is jeopardizing the liquidity of these funds at a time when, on the one hand, the assets to be sold have lost value and, on the other hand, redemption requests from anxious investors are increasing. In the long term, the funds run the risk of customer claims against the CSSF and, for the unluckiest of them, of being liquidated by the courts.

The health crisis linked to the spread of Covid 19 and the restrictive measures taken by the public authorities to stop the spread of this virus have had a violent impact on all sectors of companies. Brucher Thieltgen & Partners gives you here some answers to the urgent questions which arise in various sectors of the economy.

This evening, at the "Trophées du Droit" in Paris, Brucher Thieltgen & Partners was awarded a special mention for its activity as a Luxembourg law firm. A well-deserved international recognition for the work of a team totally dedicated to the defence of its clients' interests. Thanks to all of you !

Marie Bena, Head of our Financial and Business Crime Department, and François Carmon, associate and member of the Financial and Business Crime Department, have contributed to the famous Thomson Reuters Practical Law Guide by publishing two overviews related to financial crime and business crime in Luxembourg.

A full team of experts of Brucher Thieltgen & Partners (Me Marie Bena, Me Anne-Marie Ka) will hold a conference about "What's new in labour law" on Friday, the 17th of January, 2020 at the HR LUX Trade Fair at the European Convention Center Luxembourg.

Nicolas Bernardy, Head of our Commercial and Corporate Team and Leader of our Restructuring and Reorganization Task Force, has been appointed as appointed as Chief Editor of the legal journal "Jurisnews – Insolvency proceedings" published by Larcier.

A full team of experts of Brucher Thieltgen & Partners (Me Marie Bena, Me Anne-Marie Ka, Me Catherine Wagener, Me Elodie Rousseau and Me François Carmon) will hold a conference about "Well-being at work: legal aspects" on Friday, the 25th of January, 2019 at the HR LUX Trade Fair at the European Convention Center Luxembourg .

What is the importance of the judgment? Pursuant to the European Directive on administrative cooperation in the field of taxation (2011/16/EU), Member States must cooperate with each other with a view to exchanging information relevant for tax purposes.

Marie Bena, as member of A.L.D.E., the Luxembourg Association of Environmental Law, supports the association with ongoing lecturing on the different matters that constitute the environmental legal framework. A.L.D.E. is also a member of the European Environmental law Association and of the World Conservation Union.