Effective from 1 August 2022, a new Restructuring Act (Sw. lag om företagsrekonstruktion), which implements the EU Directive on restructuring and insolvency (the "Restructuring...
Stay updated with breaking news from Restructuring Directive. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Effective from 1 August 2022, a new Restructuring Act (Sw. lag om företagsrekonstruktion), which implements the EU Directive on restructuring and insolvency (the "Restructuring...
Debtors and investors have an enhanced choice of restructuring venues as the EU Restructuring Directive is rolled out in Member States - A number of key European...
The bill implementing the EU Preventive Restructuring Directive - a means of financial relief for entrepreneurs (companies only) - should have…
For immovable property, mortgages are generally the most common form of security in Luxembourg. For a contractual mortgage to be validly constituted...
Prior to 1 st January, 2021, the cross-border recognition and enforcement of insolvency proceedings and judgements between the European Union (" EU") and the United Kingdom (" UK") was largely consolidated within the framework of the European Insolvency (Recast) Regulation (the " EIR") which generally attributed automatic recognition to such proceedings and/or judgements. Following the end of the Brexit transitional period on the 31 st December 2020, the EIR no longer applies to the UK. Consequently, insolvency proceedings opened in the UK after 31 st December 2020 will not benefit from au...