- DownloadSorry you are not allowed to access this file.
LUXEMBOURG
As at 19 January 2018
By Christel Dumont
Senior Counsel
Dentons Luxembourg
| Proceedings | Elements of the Directive already included into the national legislation |
| 'Gestion contrôlée' 2 options available: reorganisation or sale of assets |
Partially compliant with the aim of the Directive but it does not encompass any early preventive measures. Partially compliant with articles 1, 2 (2), 4, 6, 14, 15, 26 |
| Proceedings | Elements of the Directive which may be included into the national legislation |
| Gestion contrôlée[1] | Articles 3, 5, 7, 8, 9, 10, 11, 12, 13, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 27, 28, 29 |
[1] Gestion contrôlée is rarely used (two to three cases per year). A lot of articles are only partially compliant, but significant amendments will be required. Bill of law 6539 would also be partially compliant on more articles than the gestion contrôlée.