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Unprecedented €746,000,000 Amazon fine for GDPR breaches confirmed by the Luxembourg Administrative Court

April 15th, 2025 Luxembourg Administrative Court confirms an unprecedented €746,000,000 and a daily penalty of €746,000 inflicted on Amazon by Luxembourg’s national data protection authority. An Examination of GDPR Enforcement and Due Process Introduction. In a significant legal battle concerning data protection and regulatory compliance, Amazon Europe Core Europe SARL (Amazon) has challenged the [...]

By |2025-04-15T10:23:28+00:00April 14th, 2025|Financial, International, RJ Gaito News|Comments Off on Unprecedented €746,000,000 Amazon fine for GDPR breaches confirmed by the Luxembourg Administrative Court

Private Equity Year in Review 2024 and Considerations for 2025

Ronnen and Martin provide a detailed insight and review of the latest on Private Equity in Luxembourg during an interview with Lexology.Their interview can be read in detail by downloading the full interview and covers key points that should be considered by private capital actors. Key Points of Private Equity in Luxembourg: Following strong [...]

By |2024-12-11T11:12:54+00:00December 10th, 2024|Financial, International, RJ Gaito News|Comments Off on Private Equity Year in Review 2024 and Considerations for 2025

RJ Gaito Award 2024

RJ GAITO law firm, Luxembourg, celebrates multiple rankings in IFLR1000 Luxembourg, September 13th 2024 — RJ GAITO law firm proudly announces its remarkable achievements in the IFLR1000 2024 rankings. The firm has been awarded 2 rankings on the prestigious platform, being recognised for M&A and Restructuring & insolvency, which affirms its status as a [...]

By |2024-09-18T13:57:20+00:00September 18th, 2024|International, RJ Gaito News|Comments Off on RJ Gaito Award 2024

Litigation Speed Read: Luxembourg Arbitration Reform

GENERAL GUIDING PRINCIPLES: On 25th April 2023, a law came into force that reforms the Luxembourg New Civil Procedure Code in relation to arbitration (the “Law”). The Law aims to modernize and enhance the internal Luxembourg arbitration legal framework with a view to making Luxembourg a more attractive jurisdiction for international arbitration and relieving the [...]

By |2024-02-16T08:33:38+00:00May 18th, 2023|Governments, International, RJ Gaito News|Comments Off on Litigation Speed Read: Luxembourg Arbitration Reform

RJ Gaito and Baker & Hostetler are representing a Luxembourg investor in an Energy Charter Treaty claim against the Republic of Slovenia before the International Centre for Settlement of Investment Disputes (ICSID).

RJ Gaito and Baker & Hostetler are representing a Luxembourg investor in an Energy Charter Treaty claim against the Republic of Slovenia before the International Centre for Settlement of Investment Disputes (ICSID). On behalf of our client Towra S.A.-SpF, we recently filed a request for arbitration against the Republic of Slovenia with the World [...]

By |2024-02-16T08:33:56+00:00December 29th, 2022|Governments, International, RJ Gaito News|Comments Off on RJ Gaito and Baker & Hostetler are representing a Luxembourg investor in an Energy Charter Treaty claim against the Republic of Slovenia before the International Centre for Settlement of Investment Disputes (ICSID).

EU accedes to the Hague judgement convention of 2 July 2019

OverviewThe EU formally acceded to the convention of 2 July 2019 on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters in August 2022 (the “Convention”).The Convention will enter into force on 1 September 2023.To date, the Convention has been signed by Uruguay, Ukraine, Israel, Costa Rica, Russia, and the United States; only [...]

By |2024-02-16T08:34:04+00:00October 24th, 2022|Governments, International|Comments Off on EU accedes to the Hague judgement convention of 2 July 2019

RJ Gaito and Ben Ami, Bigon & Co advises Solaer Renewable Energies Ltd on their international expansion and Project Financing

Luxembourg law firm RJ Gaito, Israeli tax law firm - Ben Ami, Bigon & Co (@Ben Ami, Bigon & Co) and Martin Hollywood (@Martin Hollywood) of PWC advised Solaer Renewable Energies Ltd (@Solaer renewable energy Ltd) on the implementation of their Luxembourg and international project finance platform.Following the implementation of the investment platform, RJ Gaito [...]

By |2024-02-16T08:34:14+00:00August 17th, 2022|Financial, International|Comments Off on RJ Gaito and Ben Ami, Bigon & Co advises Solaer Renewable Energies Ltd on their international expansion and Project Financing

Luxembourg further strengthens its attractiveness for International Lenders and Credit Institutions

Highlights and Market OutlookThe Luxembourg law of 5 August 2005 on financial collateral arrangements (the “Law”) has served as a highly effective mechanism for structuring credit transactions and collateral arrangements that are primarily structured at the level of Luxembourg holding companies and their subsidiaries. The Law is perceived by the market to protect creditors rights [...]

By |2024-02-16T08:34:22+00:00August 10th, 2022|International, RJ Gaito News|Comments Off on Luxembourg further strengthens its attractiveness for International Lenders and Credit Institutions

RJ Gaito builds out Finance & Restructuring practice with Harry Ghillemyn

Luxembourg business law firm rj gaito welcomes Harry Ghillemyn who will be leading its Finance & Restructuring practice. Prior to joining the firm, Harry was a managing associate at Linklaters and counsel at Goodwin where he represented major private equity firms and credit institutions responsible for the firm’s debt, capital markets and restructuring offering. He [...]

By |2024-02-16T08:34:30+00:00March 21st, 2022|Acquisitions, RJ Gaito News, Uncategorized|Comments Off on RJ Gaito builds out Finance & Restructuring practice with Harry Ghillemyn

Luxembourg Regulator calls on supervised entities to enforce restrictive measures against Russia and Belarus

In light of ongoing events across Russia and Ukraine, several Western countries including the US, the EU, the UK and Switzerland have imposed new sanctions on Russia and Belarus related businesses significantly extending existing sanctions and export controls. The current sanctions include restrictions on several Russian financial institutions, regional embargoes, blocking measures, sovereign debt [...]

By |2024-02-16T08:34:40+00:00March 2nd, 2022|Governments, International, Uncategorized|Comments Off on Luxembourg Regulator calls on supervised entities to enforce restrictive measures against Russia and Belarus
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