Objectives

Analyse the legal framework of the principal capital transactions of the most frequently encountered commercial companies, i.e. the S.A. (public limited company), S.C.A. (partnership limited by shares) and the S.à r.l. (private limited company): capital increase and reduction (with or without issue or redemption and/or cancellation of securities), including within the context of the issue or conversion of convertible securities. Practical cases and accounting entries will be presented at the training session. N.B. tax aspects will not be dealt with.

Content

Increases in capital

  • Practical and economic utility;
  • Types of contributions and legal consequences;
  • Contributions with or without issue of securities;
  • Contributions with or without share premium; contributions under par value;
  • Realisation of the contribution: general meetings and authorised capital;
  • Issue and conversion of securities convertible into capital.

Conversion of capital

  • Choice of currencies;
  • Maintaining the minimum capital.

Redemption of shares and capital reductions

  • Practical and economic utility; reimbursement or non-reimbursement to shareholders; redemption at nominal value or at a higher value;
  • Redemption of own shares vs. issue and redemption of redeemable shares; holding of own shares;
  • Legal framework and distinction depending on the type of company.

Speakers

Our speakers come from all over our specialised and complementary teams, covering all legal, regulatory, taxation and advisory aspects of doing business in Luxembourg. We invite you to check our training agenda where the speakers are listed on each training session.

Target audience

This training session is intended for experienced and inexperienced practitioners, trainees and their collaborators.

Duration

3 hours.

Language

French

For any information, please contact us by e-mail institute@arendt.com

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François Deprez

François Deprez is a Counsel in the Private Equity & Real Estate practice of Arendt & Medernach where he advises clients from the private equity and real estate industry and other investors on the structuring of international transactions, corporate finance, mergers and acquisitions as well as the reorganisation and setting up of company structures in Luxembourg. François Deprez was seconded to the New York office of Arendt & Medernach from December 2010 to June 2012. He provided corporate advice to U.S. clients in connection with the acquisition, disposal and restructuring of businesses or assets. François Deprez joined Arendt & Medernach in 2003. He is a member of the Luxembourg Bar and wa...

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