As part of its strategy to foster competitiveness and innovation across the European Union, the European Commission has launched a public consultation on the creation of a "28th Regime", being a single, harmonised set of company law rules ...

The Law of 28 October 2022 creating the procedure for administrative dissolution without liquidation ("Law") allows for a simplified dissolution of "empty" commercial companies at the request of the Public Prosecutor (Procureur d'État)...

On 21 July 2023, Parliament adopted a set of amendments to the law of 2 September 2011 regulating access to the professions of craftsman, trader, manufacturer, and certain liberal professions, as amended (Law).

Following the entry into force of the law of 7 August 2023 (the New Insolvency Law), the Luxembourg district court sitting in commercial matters (the Court) issued on 22 November 2023...

The Luxembourg government has filed a bill of law proposing targeted amendments to the country's securitisation framework, building on 2022 reforms to address evolving market practices. The proposed changes focus on expanding financing methods, strengthening insolvency protections, enabling compartment-to-compartment investments, broadening security package flexibility, refining active management rules, and clarifying statutory subordination provisions for securitisation vehicles.

In a global economic context marked by uncertainty, the Law of 7 August 2023 on the preservation of businesses and modernization of bankruptcy law in Luxembourg comes at just the right time.

On 18 May 2021, the European Commission ("Commission") of the European Union ("EU") published a communication on "Business Taxation for the 21st century ".

On 17 December 2021, a new law aiming to maintain flexible corporate governance measures in Luxembourg until 31 December 2022 was published (the Law).

Luxembourg's now-adopted reform bill which modernises the 1915 Companies Act includes changes to company liquidation, incorporation and capital increase procedures.

On 20 July 2023, the Bill of Law 7989 amending the Law of 2 September 2011 regulating the access to the professions of craftsman...

This is in accordance with the principles of procedural economy and cost efficiency as well as a fair balance between the legitimate interests of the parties...

While there is a certain alignment between the proposed EU Directive on harmonisation of insolvency law and Luxembourg law, Luxembourg legislation...

2022 was another busy year. Many legal and regulatory changes have impacted your business, and will continue to impact it in 2023.

The Administrative Dissolution Proceeding allows for certain companies to be dissolved through an administrative proceeding without resorting to formal judicial dissolution and liquidation,...

The law of 5 August 2005 on financial collateral agreements, as amended (the 2005 law), provides an attractive legal framework for creditors as its insolvency ring-fencing provisions protect security ...

It has been almost a year since the entry into force of Solvency II (SII), and the reporting efforts of (re)insurance undertakings and asset managers are finally converging towards business as usual.

No stay of proceedings if party was declared insolvent after the oral hearing had concluded and the legal dispute was ready for a decision, R. 311.1 RoP, Art. 41 (3) UPCA

Legal proceedings were initiated in front of the Luxembourg district court by a public limited liability company (société anonyme), seeking the deletion of bankruptcy filings...

En date du 8 avril 2022, le projet de loi n°7989 modifiant la loi modifiée du 2 septembre 2011 réglementant l'accès aux professions d'artisan, de commerçant...

Luxembourg's law of 5 August 2005 on financial collateral arrangements, as amended (Collateral Law 2005), continues to offer strong safe-harbor protections for financial collateral arrangements and is now confirmed to shield from insolvency proceedings globally.