BSP advising Cobham on cash acquisition of Ultra electronics Holdings plc

BSP, with a team led by Linda Harroch, Partner and Head of the Private Equity department, and composed of Francesco Del Pesce, Counsel, Grégoire Colson, Associate, and Joyce Soudry, Junior Associate, acted as Luxembourg counsel to Cobham Group on the acquisition of the entire share capital of Ultra Electronics Holdings plc, listed on the London […]

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BSP with Groupe Bruxelles Lambert on the acquisition of a majority stake in Sanoptis

BSP, with a team led by Linda Harroch, Partner and Head of the Private Equity department, and composed of Francesco Del Pesce, Counsel, Grégoire Colson, Associate, and Joyce Soudry, Junior Associate, acted as Luxembourg counsel to Groupe Bruxelles Lambert on the acquisition of a majority stake in Sanoptis, a leading network of ophthalmology clinics across […]

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BSP with Groupe Bruxelles Lambert on the acquisition of a majority stake in Affidea

BSP, with a team led by Linda Harroch, Partner and Head of the Private Equity department, andcomposed of Grégoire Colson, Associate, and Joyce Soudry, Junior Associate, acted as Luxembourgcounsel to Groupe Bruxelles Lambert on the acquisition of a majority stake in Affidea, the leadingprovider of healthcare diagnostic services in Europe, from B-FLEXION. GBL will invest […]

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Competition News And Regulation Of Digital Markets

Executive summary Merger Control in Luxembourg On 13 July 2022, the Ministry of the Economy published a report on the establishment of a national merger control. Its purpose is to present the results of the year-long process of preparation and to present the public consultation results regarding the establishment of a national merger control, which […]

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PRIIPS – Application date of new rules for key information documents

On the 24 June 2022, the European Commission published in the Official Journal of the EU the Commission Delegated Regulation (EU) 2022/975 adopted by the Commission on 17 March 2022 and endorsed by the co-legislators following a scrutiny procedure that ended on 17 June 2022 (the “Delegated regulation”). The Delegated regulation concerns the application date of new rules for the Key Information Document […]

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BSP turns 10 and moves to Leudelange

The 3rd independent law firm in Luxembourg turns 10 years old post spin-off, and, having exceeded 100 employees, is moving to a new building in the business area of Leudelange, at the following address: 11, rue du Château d’EauL-3364 LeudelangeLuxembourg The new building has been designed as a pleasant working space, bigger and comfortable for […]

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BSP with Banque Internationale à Luxembourg and Belfius Bank SA on financing provided in relation to the 21,000 m2 South Village real estate project

BSP acted as lead counsel to Banque Internationale à Luxembourg and Belfius Bank SA on the Luxembourg law financing of the acquisition by Groupe Capelli together with Novaxia of one of the two plots of land on which the South Village project is being developed. The South Village project is a mixed-use 21,000 m2 project located in Howald, […]

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NFTs, Metaverse and their regulation

What are they and how are they regulated ? There has been a large coverage in the media about NFT and Metaverse during the last year which also continues this year.  Indeed the “tokenmania” that has taken roots within the gaming and art industries seem to expand now to financial products and consequently trigger national […]

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Virtual general meetings during Covid-19 crisis

Companies and other legal entities update The coronavirus epidemic took hostage the course of life in many countries around the world, which found themselves in successive confinements since 2020. It had however the merit of spurring technological progress and facilitating the endorsement of solutions that would have otherwise taken much longer. In Luxembourg, the legislator […]

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CSSF guidance on virtual assets

Recent developments in the financial sector On 29 November 2021, the Commission de surveillance du Secteur Financier (the “CSSF”) published a Communiqué entitled “CSSF guidance on virtual assets” as well as an FAQ on “Virtual Assets” which were recently updated on 4 January 2022. These two initiatives are a follow up to a previous CSSF […]

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Newsflash | Proposed changes to the Luxembourg financial collateral law

Draft law proposing amendments to the Luxembourg financial collateral law On 20 December 2021, a draft law No. 7933 (the “Draft Law“) was lodged with the Luxembourg Chamber of Deputies. While the main aim of the Draft Law is to implement Regulation (EU) 2021/23 of 16 December 2020 on a framework for the recovery and […]

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