Preservation & Termination of a business

A job protection plan is a combination of various instruments designed to adapt the workforce of businesses in difficulty while keeping employees in jobs. It is used to manage the effects of planned restructuring in advance. Within the framework of...

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...

If a debtor goes bankrupt, his/her creditors must declare their receivable debts with the clerk of the district court within the deadlines set by the declaration of bankruptcy order. Some receivable debts, such as salaries, are treated with priority...

The consequences of a liquidation of a company leads to the disappearance of the company and its legal personality. Liquidations can be either voluntary (on decision by the partners / shareholders) or compulsory (on decision by the court). The court can...

The voluntary dissolution of a business operating as a commercial company can only be decided by the shareholders/partners. The decision to carry out the dissolution of the business marks the beginning of the liquidation process and the appointment of...

An employer who dismisses an employee for a reason other than serious misconduct must grant a notice period and severance pay if the employee has been employed in the business for 5 years or more. If the business employs more...