A two-partner team has been hired from Benelux firm Nauta Dulith by Hogan Lovells, who have confirmed an August Luxembourg launch.
Hogan Lovells will become a part of the growing number of international firms in the jurisdiction. The Lux launch comes after a week of voting from the Hogan Lovells partners. David Harris global co-CEO commented that the new office will provide corporate, private equity, tax and real estate law. He further commented that the Lux launch was a result of Luxembourg being an increasingly important jurisdiction for investment funds.
Pierre Reuter, Nauta Dutilh’s investment funds partner, and corporate partner Jean-Michel Schmit will join Hogan Lovells with four of their current associates and will lead the new office. Reuter and Schmit had previously worked with Hogan Lovells on client matters.
Reuter commented that Luxembourg as a jurisdiction has come more attractive for voters since the implementation of the EU’s alternative investment fund managers directive (AIFMD). The implementation of this directive adds further bonuses to the already attractive region, giving it a more stable and flexible regulatory environment.
SOURCE: The Lawyer, 23/07/13