The Luxembourg legislator has introduced a new procedure to wind up commercial companies: administrative dissolution without liquidation. The aim of this new procedure is to eliminate empty shell ...

Liquidation is the process of settling all business liabilities and valuing and disposing of a business's assets. When your company is organized as a partnership, liquidation involves state law and ...

Many company directors, legal advisors and company secretaries are not fully aware of just how valuable and useful a tool a voluntary liquidation can be. It is a process that can be used not only to ...