Preservation & Termination of a business

The job protection plan is intended as a means for businesses to avoid having to resort to redundancy plans. It is advisable to engage in discussions on the implementation of a job protection plan at an early stage, before the......

In order to protect jobs and thus prevent redundancies, Luxembourg labour law allows businesses to benefit from a temporary weather-related layoff (chômage dû aux intempéries) subsidy under certain conditions. Businesses carrying out their activity on building sites may submit an......

Any trader who ceases payments and whose credit is weakened is bankrupt. The bankruptcy procedure is initiated either: because of the debtor's acknowledgement, to which he is legally obliged; by court summons by one or more creditors; or automaticallyCreditorsFilingCreditorTo...

Following the heavy rainfalls of 14 and 15 July 2021 which led to floods throughout the country that impacted business activities, the Government has decided that the short-time working scheme in the event of force majeure may exceptionally be......

Since 1 July 2021, access to short-time working will be defined in accordance with the legal provisions set out in the Labour Code, Book V, Title I: "Preventing redundancies and maintaining employment". In other words, access to short-time......

The recovery plan is a tool designed for use in the context of applications for short-time working based on structural factors. The principle underlying the plan is pre-emptive management of the effects of businesses' planned restructuring. Businesses are......