Third-party opposition to the authorizations of the bankruptcy administrator is now possible

Third-party opposition to the authorizations of the bankruptcy administrator is now possible

15.01.2025 Shiva Mir Motahari - Moyal&Simon
In a ruling dated March 30, 20241 , the Luxembourg Court of Appeal, sitting in commercial matters, has just declared admissible the third-party objection lodged against the court’s decision, based on the official receiver’s report, to authorize the receiver to sell securities found in the assets of the bankrupt company, but which the third-party objectors consider themselves to own.

- Shiva Mir Motahari