You are here:
05 May 2021 / article

A guide to restructuring and insolvency law in Luxembourg

Anne-Marie Nicolas, Véronique Hoffeld and Richard Steichen 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.



To benefit post Brexit

Recognition of UK schemes of arrangement after Brexit

The most likely way to have them recognised in Luxembourg is by applying to the local courts for an exequatur recognition procedure. read more
ICLG securitisation Luxembourg 2021

Relationship Between Debt Funds and the Securitisation Regulation

This chapter assesses whether the Securitisation Regulation should be applicable to AIFs as issuers and securitisation special purpose entities. read more

Legal 500 Restructuring & Insolvency comparative guide now live

This country-specific Q&A provides an overview to Restructuring & Insolvency laws and regulations that may occur in Luxembourg. read more