A guide to restructuring and insolvency law in Luxembourg
Anne-Marie Nicolas and Véronique Hoffeld, partners at Loyens & Loeff Luxembourg, provide an overview of restructuring and insolvency law in Luxembourg in a Q&A format.
The Q&A gives a high level overview of the most common forms of security granted over immovable and movable property; creditors' and shareholders' ranking on a company's insolvency; mechanisms to secure unpaid debts; mandatory set-off of mutual debts on insolvency; state support for distressed businesses; rescue and insolvency procedures; stakeholders' roles; liability for an insolvent company's debts; setting aside an insolvent company's pre-insolvency transactions; carrying on business during insolvency; additional finance; multinational cases; and proposals for reform.
Please click here to read the article.
Anne-MarieNicolasPartner Attorney at Law / Avocat à la Cour
Anne-Marie Nicolas, partner, is a member of the Banking & Finance Practice Group in our Luxembourg office. She focuses on secured lending, including acquisition finance and real estate finance, as well as debt restructuring.T: +352 466 230 314 E: email@example.com
VéroniqueHoffeldManaging Partner Luxembourg Attorney at law / Avocat à la Cour
Véronique Hoffeld, partner, is a member of the Management Committee of Loyens & Loeff Luxembourg and heads the Litigation & Risk Management Practice Group of our Luxembourg office. She focuses on commercial law, litigation, arbitration, real estate and IP lawT: +352 466 230 232 E: firstname.lastname@example.org