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Annual accounts of a Luxembourg company: Key legal requirements, recent updates and potential penalties in case of non-compliance

Luxembourg - December 31 2015 The beginning of 2016 is the time to address New Year's greetings. It also marks, for companies closing their financial year on December 31st, 2015

Luxembourg law of 18 December 2015 implementing Directive 201459EU on bank recovery and resolution and Directive 201449EU on deposit guarantee schemes

European Union, Luxembourg - December 31 2015 In the last quarter of 2015, Luxembourg implemented Directive 201459EU of 15 May 2014 establishing a framework for the recovery and resolution of

A better work-life balance: The Parental Leave Reform

Luxembourg - December 31 2015 On January 15th, 2016, the draft law n 6935 on the reform of parental leave (the “Reform”) was submitted to the Chamber of Deputies. The main

Court of Appeal rules on discharge of managers

Luxembourg - June 5 2018 The principal way in which managers can protect themselves from liability is by obtaining a grant of discharge from shareholders. The Court of Appeal

Luxembourg Developments in Investment Management

Luxembourg - December 31 2015 On 14 December 2015, the bill of law introducing a new type of alternative investment fund (“AIF”) in Luxembourg, the fonds d’investissement

Court of Appeal rules on procedural standing of shareholders to challenge corporate decisions

Luxembourg - June 19 2018 Basing its reasoning on French and Belgian case law, the Court of Appeal recently ruled that shareholders have a right to seek an annulment of

Appeal court questions law on exchange of tax information on request

European Union, Luxembourg - June 12 2018 The Luxembourg Administrative Court of Appeal and the European Court of Justice (on referral for a preliminary ruling) recently considered whether the

Court of Appeal rules on discharge of managers

Luxembourg - June 5 2018 The principal way in which managers can protect themselves from liability is by obtaining a grant of discharge from shareholders. The Court of Appeal

Luxembourg District Court rules on conditions for enforcing pledges

Luxembourg - May 29 2018 Following a recent Luxembourg District Court decision concerning the conditions for the enforcement of a pledge, collaterals consisting in a pledge on

Luxembourg District Court rules on judicial management reports

Luxembourg - May 8 2018 The Luxembourg District Court has clarified the requirements and procedures regarding judicial management reports provided for in the law on