Modernisation of Luxembourg company law

On 13 July 2016 the bill modernising the company law in Luxembourg was adopted.

The focus of the amendments is: (i) creating a new investment vehicle which can be tailored to suit the needs of large investors (ii) introducing flexibility and certainty in certain widely used existing investment vehicles; (iii) contractual freedom and a promotion of an investor and business friendly environment; and (iv) granting legal certainty to matters that were previously subject to legal practice.

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