Insolvency proceedings: what are the options? – Newsletters – International Law Office

On 16 January 2021 the Supreme Court reconfirmed that a liquidated company is deemed to survive passively for five years further to the publication of the closure of the liquidation in the Luxembourg Trade and Companies Register. This allows the company’s creditors to introduce a legal action against it.

Further, the Supreme Court stressed that the general meeting of a liquidated company is also deemed to survive during this period (or for longer) if a legal action is introduced against the company during the five-year period.

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