In Luxembourg, company insolvency is regulated by Articles 437 to 614 of the Commercial Code. Specific provisions apply to professionals in the financial sector and insurance companies. These are set out in the law of April 5 1993 on the financial sector, as amended, and the law of December 6 1991 on the insurance sector, as amended.

This Overview sets out the insolvency principles which apply for commercial companies. This includes the société de participations financières - better known by theacronym SOPARFI - which is a form of investment vehicle.