GENERAL GUIDING PRINCIPLES: Modernization of the Luxembourg civil and commercial judicial rules. Revaluations of the court thresholds. The lower courts (“juge de paix”) have jurisdiction in civil and commercial cases for up to EUR 15,000. Restrictions on appeal. All judgments below EUR 2,000 are non-appealable. Procedural changes. Appeals from the lower courts will follow the [...]
Ronnen Gaito is singled out by peers as a key name in Luxembourg's M&A marketBiographyRonnen J Gaito is the founder of the law firm of RJ Gaito (2011), and the Luxembourg chapter chair of the international section of the New York State Bar Association.Ronnen’s practice focuses on advising clients on private equity and venture capital [...]
Formation of commercial contracts and enforceability of Luxembourg agreementsHighlights:Our client, a leader in the software industry, recently prevailed in the Luxembourg Court of Appeal and received a favorable judgment that tacitly reconfirms a Supreme Court (“Cour de Cassation”) jugment of January 24, 2019. The judgment is of particular importance since it touches upon the essential [...]
