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Gregory Minne, who is a senior associate at Arendt & Medernach in Luxembourg, has posted Les Règles de Conflit de Lois en Matière de Compensation Dans le Secteur Financier (The Conflict-of-Law Rules Concerning Set-Off in the Financial Sector) on SSRN. The abstract reads:

La présente étude propose de revenir sur les règles de conflits susceptibles d’être rencontrées lorsque le mécanisme de la compensation opère. La perspective luxembourgeoise ainsi que les pratiques de la place apportent un éclairage intéressant à cette problématique.

The objective of this study is to reconsider the rules relating to conflicts likely to be encountered during the operation of the mechanism of set-off. The Luxembourg perspective as well as the practices of the financial centre shed an interesting light on this issue.

The paper was published in the Bulletin Banque et Droit last year.

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