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Directors with expired mandates lack authority to appeal a dissolution judgment: such an act falls outside day-to-day management
A judgment had ordered the judicial winding-up of a public limited company pursuant to Article 480-1 of the amended 1915 Law on Commercial Companies (LSC), ...
Résiliation unilatérale d’un contrat commercial : attention aux motifs invoqués
Cour d’appel, 12e chambre, 19 juin 2026 Dans un arrêt du 19 juin 2026, la Cour d’appel de Luxembourg rappelle qu’un cocontractant ne peut mettre ...
Creditor’s recourse against a judgment placing a life insurance company in liquidation
On 31 January 2025, the Luxembourg District Court placed an insurance company in judicial liquidation and appointed a liquidator. A creditor who had taken out ...
Sale for a symbolic euro in the context of a judicial reorganisation?
Pursuant to the Law of 7 August 2023 on the preservation of businesses and the modernisation of bankruptcy law (the ‘Law of 2023’), the District ...
Resignee: good or bad leaver?
The Luxembourg District Court took recently a decision (26 January 2024) in a dispute between an individual and a company where the question was to ...
Conflicts of jurisdiction in insolvency proceedings: a reminder about the Centre of Main Interests (COMI)
Regulation (EU) 2015/848 of May 20, 2015 on insolvency proceedings aims at harmonizing the rules applicable to cross-border insolvency proceedings within the European Union. Its ...
Compte-courant associé et abus de biens sociaux
Le compte-courant associé est un moyen couramment utilisé pour financer les besoins en liquidités d’une société par ses associés. Lorsque l’associé prête de l’argent à ...
Update on investment fund investor protection rules
On 29 March 2024, the CSSF published Circular CSSF 24/856 (the ‘Circular 24/856’) on the protection of investors in the event of NAV calculation errors, ...
Conflict between shareholder agreement and articles of association of a company: what prevails?
In a pending procedure in front of the Luxembourg Commercial Court, one party (Company 1) disputed the mandate of the other party’s (Company 2) legal ...