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Bill on cross-border mergers, simplification of procedure for establishing a company and modification of its capital, adopted

07 June 2009

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Approved Changes

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Luxemburg

On 6 May 2009 the Luxembourg parliament adopted a Bill which transposed the following EU Directives: -   Directive 2005/56/EC of 26 October 2005 on Cross-Border Mergers of Limited Liability Companies; -   Directive 2006/68/EC of 6 September 2006 amending Council Directive 77/91/EEC as regards the formation of public limited liability companies and the maintenance and alteration of their capital; and -   Directive 2007/63/EC of 13 November 2007 amending Council Directives 78/855/EEC and 82/891/EEC as regards the requirement of an independent expert's report on the occasion of merger or division of public limited liability companies. The Bill applies from...