Key Takeaway
Luxembourg’s law of 5 August 2005 on financial collateral arrangements, as amended (Collateral Law 2005), continues to offer strong safe-harbor protections for financial collateral arrangements and is now confirmed to apply to insolvency proceedings globally.
Recent Developments
Court of Appeal Ruling
Luxembourg, Insolvency & Restructuring, Litigation, K&L Gates LLP, Insolvency, European Commission, Supreme Court of the United States