Restructuring & insolvency

Measures aimed at restructuring a debtor’s business can be necessary to prevent insolvency and ensure its viability, financial soundness and stability.

Our lawyers were involved in the first insolvency restructuring of a bank arising from insolvency in Luxembourg in 2009, and since then we have supported creditors, security agents, borrowers and administrators through a number of corporate insolvency and restructuring cases.

Our clients

We offer advice to clients from different sectors, including Luxembourg groups and companies with domestic and/or international operations or holding companies in Luxembourg, in their restructuring process, on the borrower side or facing insolvency proceedings.

We represent shareholders and investors, creditors, special loan servicers, security agents, security trustees, board members, liquidators and administrators with their restructuring and insolvency needs.

Our services

Our cross-disciplinary team can assist you with:

Portfolio restructuring prior to or after an investment (simplification of group structure, equity contribution, exit or partial group liquidation)
Debt restructuring (refinancing, implementation of guarantees and securities package, liability issues, double Luxco structure)
In-court insolvency proceedings
Out of court and in-court security enforcement
Luxembourg law expertise in corporate, M&A, banking, finance, litigation/insolvency, tax, employment and regulatory matters
Tailor-made advice, expert opinions on Luxembourg law matters for foreign courts, representation before court, tax matters
Enforcement planning advice

What others say about us
Elvinger Hoss Prussen is always up to date and advises on the most economical way to proceed, avoiding unnecessary litigation and costs.
Elvinger Hoss Prussen is a highly esteemed full-service firm with an established presence within the Luxembourg market. It is particularly active for clients from the financial sector in criminal law and misconduct cases, and it also assists clients with contractual disputes, debt enforcement proceedings, data protection litigation and shareholder disputes. The firm is popular with clients from the investment funds industry. The team additionally represents clients in constitutional and administrative proceedings.

Chambers & Partners Europe 2023

Dispute Resolution Luxembourg

Headed by Marc Elvinger and Pierre Elvinger, recognised as ‘two of the best litigators in Luxembourg’, Elvinger Hoss Prussen’s partner-led team provides a ‘very professional and reactive service’ to clients engaged in a wide range of domestic and multi-jurisdictional corporate, commercial, civil and administrative litigation.

The Legal 500 EMEA 2023

Dispute Resolution Luxembourg

Very responsive, pragmatic and knowledgeable team, agile attitude towards changing parameters, pleasant to work with and respect tight deadlines.

IFLR 2022

Restructuring : Corporate Luxembourg