Sanctioning of reorganisation plans by Luxembourg courts: A marginal assessment

Under Luxembourg law (law of 7 August 2023 on the continuation of businesses and modernisation of insolvency law, the Restructuring Law), the final say on the sanctioning a debtor’s reorganisation plan that has received sufficient creditor support rests with the Luxembourg court. The court’s review is limited to specific refusal grounds outlined in the Restructuring Law, rather than a holistic assessment. Members of our Luxembourg cross-practice restructuring team explore this topic in an analytical article published in the Restructuring and Insolvency Review 2025/26 by Beaumont Capital Markets.