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Civil procedure

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Court of Appeal confirms strong position of pledgee under collateral Law

Court of Appeal confirms strong position of pledgee under collateral Law
10/02/2019

The strong protection of secured parties under pledge agreements governed by the Luxembourg law of August 5th 2005 on financial collateral arrangements, as amended, (the “Collateral Law”) has been further reinforced by the Luxembourg court of appeal (Cour d’Appel) (the “Court”),

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New Civil Procedure Code : Law of 18 July 2018

New Civil Procedure Code : Law of 18 July 2018
27/09/2018

The Law of 18 July 2018 supplements the Law of 17 May 2017 on the implementation of Regulation (EU) 655/2014, which established a European Account Preservation Order (“EAPO”) procedure, as an alternative to existing legal debt recovery procedures in each EU country.

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Enforceability of a

Enforceability of a "Mandat de Protection Future"
06/08/2018

In a judgment dated June 6th 2018, the District Court of Luxembourg (le Tribunal d’Arrondissement de et à Luxembourg) made a mandat de protection future, under French law, enforceable, for the first time in the Grand Duchy of Luxembourg.

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