Pierre-Alexandre Degehet

Adjustment of size criteria for micro, small, medium and large companies or groups

In the context of the transposition of Commission Delegated Directive (EU) 2023/2775 of 17 October 2023 amending Directive 2013/34/EU of the European Parliament and of the Council as regards the adjustment of the size criteria for micro, small, medium-sized and large enterprises and groups,

Amendment to the law on non-profit associations and foundations

The Luxembourg legislator has just adopted a new law dated 4 December 2024 (the “Amending Law”) amending Articles 7 and 77 of the law of 7 August 2023 on non-profit associations and foundations (“ASBL Law 2023”).

KLEYR GRASSO proudly assists IVS Partecipazioni in the IVS Group delisting tender offer by Lavazza G

Agreements have been signed between E-Coffee Solutions, a Lavazza Group company, and IVS Partecipazioni*, the majority shareholder of IVS Group, a leading vending machine business listed on Euronext Milan Star, for the launch of a voluntary cash tender offer for all IVS Group shares.

BSP announces new partner promotions

BSP is pleased to announce the promotion of four new partners, effective 1st January 2022. The partnership now consists of 16 partners, 9 women and 7 men.

BSP in the US$500m sustainability-linked senior secured borrowing base financing to Sucafina

Pierre-Alexandre Degehet, Partner at BSP, assisted by Kateryna Nevmerzhytska, Associate, has acted as Luxembourg counsel supporting ING Bank N.V. and a group of international banks on the successful closing of a US$500m sustainability-linked senior secured borrowing base financing to Geneva-based c

BSP announces a new promotion as partner within the firm

​After the announcement of six new promotions within the firm in January, BSP is now pleased to announce the promotion of Michaël Kitai to partner.

Directive (EU) 2019/2121 on Cross-Border Conversions, Mergers and Demergers

On 27 November 2019, the European Parliament and the Council adopted Directive (EU) 2019/2121 (the "Directive") which amends the provisions of Directive (EU) 2017/1132 on cross-border mergers and creates harmonised rules on cross-border conversions and demergers.

CSSF Fees

The Grand-Ducal Regulation of 26 October 2019 (the "Amending Grand-Ducal Regulation") amending the Grand-Ducal Regulation of 21 December 2017 relating to the fees to be levied by the CSSF updates the fee arrangements

Luxembourg Stock Exchange | Various Updates

Updated Application Form and Undertaking Letter

MIFID II & MIFIR | Update of ESMA Q&A

Since our last newsletter, ESMA updated its Q&A on the Market in Financial Instruments Directive 2014/65/EU of 15 May 2014 ("MiFID II") and on the Markets in Financial Instruments Regulation 600/2014 of 15 May 2014 ("MiFIR"), on the following topics

ESMA Guidelines on risk factors

On 1 October 2019, ESMA published the required guidelines (the "Guidelines").

BSP announces new promotions within the firm

BSP is glad to announce for 2020 the promotion of three Counsels, four Senior Associates and eleven Associates