The Act of May 20 2011 implements EU Directive 2009/44/EC (amending the EU Settlement Finality Directive and the EU Collateral Directive), and amends the Collateral Act of August 5 2005.

It should be noted, however, that prior proof of the successful completion of the business transfer reorganization procedure by court order is not a condition for the opening of this procedure...

As a key hub for international investments, Luxembourg established itself as a prominent European jurisdiction for restructuring and insolvency. The country's legal framework...

Depuis la réforme du 7 août 2023, la procédure de réorganisation judiciaire constitue un nouvel outil pour les entreprises en difficulté.

Depuis la réforme du 7 août 2023, la procédure de réorganisation judiciaire constitue un nouvel outil pour les entreprises en difficulté.

Considering that both criminal and civil sanctions apply to the board of directors or managers of a Luxembourg commercial company for failure to declare bankruptcy in proper time, it is essential to determine exactly when ...

For immovable property, mortgages are generally the most common form of security in Luxembourg. For a contractual mortgage to be validly constituted...

In a technical analysis of the difference between the Center of Main Interests of a Luxembourg company and the application of the Real Seat, considering the facts of a 2019 judgement of the Luxembourg district court ...

The recently published draft law N° 8053 (the "Draft Law") aims to completely overhaul the legal procedures pertaining to mergers and divisions contained in title 10 of the Luxembourg law...

Pursuant to the Insolvency Regulation COMI is one of the central unified and autonomous concepts of the insolvent debtor, i.e. it is an insolvency concept and not a corporate law or tax concept.

Publiée le 28 août 2023 au Journal officiel du Grand-Duché, la loi du 26 juillet 2023portant modification de la loi modifiée du 2 septembre 2011 réglementant l'accès aux professions d'artisan...

The Luxembourg market is particular in the sense that international groups as well as investors have chosen Luxembourg as a European financial centre specialising in serving international clients and investors.

Restructuring & Insolvency Comparative Guide for the jurisdiction of Luxembourg, check out our comparative guides section to compare across multiple countries