Reform fundamentals still make a (big) difference – The Lawyer

After 10 years in the making, one of the most important legal bills for the European (alternative) investment funds industry at large, – and the private equity (real estate)

transactional practice in Europe, in particular – was finally approved on 13 July 2016.

Bill 5730 took 10 years of discussions, research and debate, and stretches over 987 pages but, and this is key, it serves the purpose of offering more flexibility and legal

certainty in structuring Luxembourg companies and partnerships alike. Given the global reach of the Luxembourg financial and investment funds centre, the breadth and depth of the reform will have far-reaching consequences.

The enactment of the 1915 company law reform is good news. And even better news is that this substantial modernisation effort is highly friendly to the alternative investment funds space.

Why so?

Find the answer in the article below written by Laurent Schummer and Gilles Dusemon for The Lawyer.

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