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IBA Insolvency and Restructuring publication
Read Cédric Schirrer’s participation to the latest edition of IBA’s Insolvency and Restructuring International (IRI) “Can an investment fund already placed under judicial liquidation also ...
New Law of 28 October 2022 on the administrative dissolution without liquidation and bankruptcies
New Law of 28 October 2022 on the administrative dissolution without liquidation and bankruptcies (the “Administrative Dissolution Law”). The Administrative Dissolution Law was published on ...
Coworking spaces subject to AML Regulation?
The modified Law on Anti-Money Laundering and Combating of the Financing of Terrorism of 12 November 2004 (“AML Law”) applies to a number of professionals, ...
lease eviction orders to be suspended until 31 March 2023
A draft law (n°8076) has been filed on 3 October 2023 to extend the suspension for lease eviction orders to 31 March 2023. The drat ...
FAQ AML/CFT for Luxembourg investment funds or Investment Fund Managers
The Commission de Surveillance du Secteur Financier (“CSSF”) issued an updated FAQ on 11 March 2021 (initial version of November 2019) regarding the persons involved ...
Duty of loyalty in case of a bank account freezing measure?
In Luxembourg, it is possible for a creditor to freeze a debtor’s bank accounts held with a Luxembourg bank. The measure is, in the first ...
food delivery platform found guilty for using clandestine delivery drivers
A company was using “freelance” delivery drivers through its online platform (the “Food Delivery Company”). The platform was using the now worldwide well-known model where ...
CHINALUX EVENT ON “WELCOME TO LUXEMBOURG”
The China-Luxembourg Chamber of Commerce (ChinaLux) hosts an Event “Welcome to Luxembourg” on 12 July 2022 (at the BCEE 19 Av. de la Liberté, 1160 ...
Obtaining a business license after facing bankruptcy: a second chance
A director or manager of a company involved in a bankruptcy will often face the problem of obtaining a business license (autorisation d’établissement) for a ...
