Luxembourg continues to be a key hub for international investment and a prominent European jurisdiction for restructuring and insolvency matters.
Over the past year, we’ve seen global clients with a presence in Luxembourg opt for consensual transactions backed by Luxembourg security packages, initiate liability management exercises, and explore their options under the law of 7 August 2023 on the continuation of businesses and modernisation of insolvency law (the New Restructuring Law).
In this chapter, our team discusses recent market dynamics, outlines the process for judicial reorganisation proceedings under the New Restructuring Law, and provides in-depth insights into the Luxembourg reorganisation plan and its limitations.
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Chambers and Partners