22.07.2024
The Law of 7 August 2023 on business preservation and modernising bankruptcy law introduces three new judicial reorganisation procedures. One of these proceedings allows a debtor, the public prosecutor, a creditor or any other person with an interest in acquiring all or part of the business to file for a judicial reorganisation proceeding in the form of a transfer by court order.
                                                        
                                                
                                                
                                                    Mathieu Laurent
                                                    
                                                    
                                                            
                                                                    Partner
                                                                
                                                        
                                                    Luxembourg
                                                    
                                                    
                                                    mathieu.laurent@luther-lawfirm.com
                                                    
                                                    +352 27484 1
                                                
                                                        
                                                
                                                
                                                    Anneleen Hofkens
                                                    
                                                    
                                                            
                                                                    
                                                                            Counsel
                                                                        
                                                                
                                                        
                                                    Luxembourg
                                                    
                                                    
                                                    anneleen.hofkens@luther-lawfirm.com
                                                    
                                                    +352 27484 1