This is an announcement for the paper "L- and M-structure in lush spaces" by Elias Pipping. Abstract: Let $X$ be a Banach space which is lush. It is shown that if a subspace of $X$ is either an L-summand or an M-ideal then it is also lush. Archive classification: math.FA Submitted from: pipping@math.fu-berlin.de The paper may be downloaded from the archive by web browser from URL http://front.math.ucdavis.edu/1009.2232 or http://arXiv.org/abs/1009.2232