Luxembourg


Applicable law

Companies/legal persons
 
Code de commerce (bankruptcy proceedings)
English version not available

Law of October 28, 2022 on administrative dissolution without liquidation procedure law
English version not available
 
Law of August 7, 2023 on the preservation of businesses and the modernization of bankruptcy law
English version not available
 
Consumers

Law of January 8, 2013 on overindebtedness
English version: CSSF unofficial translation

 

Regulated Investment Funds 

Law of 17 December 2010 on Undertakings for Collective Investment

English version not available

 

Law of 23 July 2016 on Reserved Alternative Investment Funds

English version not available

 

Law of 13 February 2007 on Specialised Investment Funds

English version not available

 

Law of 12 July 2013 on Alternative Investment Fund Managers

English version not available



Implementation of the Directive (EU) 2019/1023

Implementing text

Law of August 7, 2023 on the preservation of businesses and the modernization of bankruptcy law
English version not available

Any other information of interest

How Luxembourg has implemented Directive (EU) 2019/1023 (as part of the Joint Project between INSOL Europe and LexisPSL on the implementation analysis of the Directive (EU) 2019/1023 in the EU Member States - as at 06/10/2023 - available only to INSOL Europe members)



We are grateful to Christel Dumont from Dentons Luxembourg (INSOL Europe Country Coordinator) and Thibault Jauffret from Mourant Ozannes Luxembourg (INSOL Europe Country Coordinator) for sharing this information. 
Update: February 2025


 


 










 

Latest News

​Northumberland-based UK modular giant Merit collapses, with a £17.4m supply chain hit.

Off-site modular construction specialist Merit Holdings has entered administration, and a creditors’ report reveals that its supply-chain partners are unlikely to recover the £17.4 million owed to…

Distressed Debt: Hunkemöller offers Europe taste of creditor-on-creditor violence

In December 2025 Dutch lingerie retailer Hunkemöller initiated a controversial restructuring that introduced ‘creditor-on-creditor violence’ to the European market, which has sparked a major legal…

SmartLynx Airlines closure leaves fate of sister Estonian and Maltese carriers unclear

Latvian-based SmartLynx Airlines has ceased all commercial operations, ending 33 years as a leading European ACMI and charter provider. The shutdown follows a rapid spiral into insolvency, occurring just…

Weak electric car sales force car dealership into insolvency

Preckel Automobile, a German car dealership group, has filed for insolvency as weak electric vehicle sales have seriously undermined its business, leaving around 500 jobs at risk. The company is closing…

Find an event
Find an event
 
Year (YYYY) City Country