Introduction
The Luxembourg legislator and administration have brought several legislative changes impacting the real estate industry in Luxembourg, and further legal initiatives have been announced in draft bills. The Luxembourg Constitutional Court also issued an important decision.
Recent changes in laws and regulations
1. Tax regime amendments
(i) 20% Real Estate Levy
On 20 January 2022, …
Member Publications
March 10, 2023
On 14 February 2023 Ecofin, being the EU Finance Ministers, updated the EU list of non-cooperative tax jurisdictions (“EU Blacklist”). In addition to the countries or territories that are already on the EU Blacklist (Anguilla, Bahamas, Fiji, Guam, Palau, Panama, Samoa, Trinidad and Tobago, Turks and Caicos Islands, US Virgin Islands, US Samoa and Vanuatu) have now been added British Virgin Islands…
March 7, 2023
On January 5, 2023, the Federal Trade Commission (FTC) announced a proposed rule that would prohibit employers from entering into or attempting to enter into covenants not to compete, from maintaining existing covenants not to compete, or from, under certain circumstances, representing to an employee that the employee is bound by a covenant not to compete. The full text of the proposed r…
March 1, 2023
The article written by Weinhold Legal, ALFA International's member firm in the Czech Republic discusses the foreign investment screening mechanism which will come into force together with all the other provisions of the Act. Thus, foreign investors, target persons and other affected persons will start to have rights and obligations on the basis of the Act as of 1 March 2023.
Click HERE to read art…
February 24, 2023
On February 21, 2023, the National Labor Relations Board issued a pivotal decision drastically affecting the use of severance agreements in both union and non-union workplaces.
Bottom line: The NLRB’s ruling in McLaren Macomb found that confidentiality and non-disparagement provisions in severance agreements violate the National Labor Relations Act by restricting employees’ rights to discuss the…
February 3, 2023
ALFA International's member firm in Colombia outlined the updated requirements for the Digital Nomad Visa application. The pandemic permanently changed the way we performed everything from the most basic to the most complex tasks. Not only did alter the way we interacted as human beings, but it brought profound changes, some of them temporary and others that are here to stay.
One of the tho…
February 3, 2023
Resolution No. 810 of 2021 issued by the Health Ministry established the technical regulation for nutritional labeling and mandatory frontal stamps of the packaging of food for human consumption. However, Resolution No. 2492 of 2022 issued by the Health Ministry included changes.
However, Resolution No. 2492 of 2022 issued by the Health Ministry included the following changes:
1. Excluded the r…
February 1, 2023
Tennessee Court of Appeals Finds in Favor of Subcontractor in Claim Against Owner
The Tennessee Court of Appeals recently affirmed a trial court’s decision in favor of a subcontractor where the general contractor went under and the subcontractor asserted a lien claim and a claim for unjust enrichment against the owner. The owner argued that the subcontractor did not comply with the written change …
January 31, 2023
While most commentary and handwringing has focused on the Federal Trade Commission’s (“FTC”) Notice of Proposed Rulemaking released on January 5, 2023, many are unaware of the FTC actions taken the day before. On January 4, 2023, the FTC announced the successful launch of what it calls an enforcement “crackdown” against noncompete agreements by heralding forced settlements with three (3) different…
January 17, 2023
Effective 1 January 2023, a number of changes to Dutch employment law has been implemented. We have listed a number of the most significant changes below.
Increase of minimum wage
The minimum wage was increased effective 1 January. Due to inflation, an additional increase was effectuated. The minimum wage has increased by 10.15%, bringing the minimum wage for employees aged 21 and over to EUR 1,9…
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