News
MOYAL&SIMON advise customers of ABLV Bank
On July 2, 2019, the Luxembourg District Court announced the judicial liquidation of ABLV BANK Luxembourg S.A. (hereinafter “ABLV”). ABLV had been targeted by U.S. financial authorities and the ECB on suspicion of unfair commercial practices. ABLV was accused of being heavily involved in money laundering activities. The ECB immediately imposed a payment moratorium. At the same time account outflows were prevented. Until 10 January 2020, ABLV customers were able to submit a declaration of claim to the Luxembourg District Court. After a thorough investigation by the Luxembourg Financial Intelligence Unit (“CRF”, Cellule de Renseignement Financier), a freezing order was issued in numerous cases for all customer assets, which were now faced the suspicion of money laundering. The lawyers of MOYAL&SIMON have been able to obtain the release of assets for international clients in numerous cases. Gladly we can also help you, contact: info@moyal-simon.com
Your independent Law Firm in Luxembourg
MOYAL & SIMON is an independent Luxembourg law firm that has matured into an established key firm in Luxembourg since its foundation. We pride ourselves in combining the quality and expertise of the leading commercial law firms while delivering individually-tailored services adapted to the specific needs of our clients.
COVID-19
Covid-19 INFO
Compte tenu de l'épidémie actuelle de coronavirus, il est très important d'analyser correctement les risques et les défis et de prendre les mesures appropriées. Bien entendu, nous continuerons à être là pour vous comme d'habitude et à vous fournir des conseils complets sur les questions juridiques qui vous accompagnent, vous ou votre entreprise, dans la crise actuelle. Cela est bien sûr possible par téléphone, par courrier électronique ou par vidéoconférence.
Dans les pages qui suivent, nous vous donnerons un aperçu des différents domaines du droit et des effets possibles de la crise de Corona.
Our Practice Areas
Our Practice Areas
Our Practice Areas