Albeit not due to its restructuring and insolvency laws, Luxembourg is generally considered a creditor-friendly jurisdiction due to the very wide implementation of the Directive 2002/47/EC on financial collateral arrangements and remains a key jurisdiction in particular for international debt restructurings.
Our experts contributed to the Luxembourg chapter in which they provided insights about:
- Key issues to consider when a company is in financial difficulties
- Restructuring options
- Insolvency procedures
- Cross-border issues
- Future developments and much more
Please download the full chapter below.