Restructuring & Insolvency in Luxembourg - Staying ahead of the curve

Luxembourg continues to be a key hub for international investment and a prominent European jurisdiction for restructuring and insolvency matters.

The Law of 7 August 2023 on business preservation and modernisation of bankruptcy law introduced preventive restructuring tools aligned with EU standards, marking a turning point for businesses navigating financial distress in Luxembourg and abroad.

Over the past year, recent court decisions made available have provided further insight into the practical use of such tools, as well as into cross-border recognition and the interaction of restructuring processes across jurisdictions.

In this chapter, our team delves into such decisions, the appointment and role of independent parties under the Law of 7 August 2023, and other key topics.

Download the full chapter below.