Introduction
Measures to prevent insolvency warning signs
Existing restructuring options
Bankruptcy reform: what to expect
Comment
Luxembourg recently adopted a number of legislative reforms aimed at modernising the rules applicable to commercial companies. In relation to the restructuring and insolvency of Luxembourg-based entities, Parliament is discussing the long-awaited Bill 6539 (the so-called ‘Insolvency Bill’).
In the meantime, a number of reforms which could affect the restructuring and insolvency of commercial companies have been adopted, including:
- substantial amendments to the Companies Act 1915 which were introduced in 2016; and
- amendments to the Act on the Luxembourg Trade and…
Read the full article at: http://www.internationallawoffice.com/Newsletters/Insolvency-Restructuring/Luxembourg/NautaDutilh-Avocats-Luxembourg-Srl/Recent-measures-to-facilitate-restructuring-and-prevent-insolvency