Summer 2021

Mexico’s outsourcing ban: rethinking current employment structures | Ibarra, del Paso y Gallego

After a series of long-winded negotiations between the federal government, employees’ representatives and the entrepreneurial sector, the Mexican Congress approved, and the federal government enacted on 23 April 2021 the much prophesied labour reform to ban outsourcing through significant amendments to the Mexican Federal Labour Law (FLL), Federal Fiscal Code, Income Tax Law and Value …

Continue reading “Mexico’s outsourcing ban: rethinking current employment structures”

The Luxembourg professional payment guarantee one year later – assessment of Luxembourg’s newest creditor-friendly tool | Loyens & Loeff

A year ago, the Luxembourg government announced the introduction of a new type of guarantee which was intended to better meet the needs of the market in terms of certainty and robustness. The Luxembourg law dated 10 July 2020 (the PPG Law) introduced the ‘professional payment guarantee’ (garantie professionnelle de paiement) (the PPG).