Temporary emergency measures allowing for meetings of shareholders and other corporate bodies of Luxembourg companies in writing/electronic form or video/teleconference.
In response to the current situation and in an effort to curtail the spread of the Coronavirus, COVID-19, the Grand Duke of Luxembourg decided, pursuant to article 32(4) of the Luxembourg Constitution, to declare a state of emergency by a Grand Ducal regulation dated 18 March 2020. The state of emergency has been extended by the Luxembourg Parliament for a period of three months. Under the same emergency powers, the Grand Duke of Luxembourg enacted a Grand Ducal regulation dated 20 March 2020 introducing measures regarding the holding of meetings in companies and other legal entities (the "2020 Regulation") such as:
- General meetings of shareholders,
- Meetings of other corporate bodies.
All details available here: https://www.hoganlovells.com/en/blogs/luxembourg-blog/covid-19---temporary-measures-for-shareholder-meetings
The 2020 Regulation is available in French on Legilux:
http://www.legilux.lu/eli/etat/leg/rgd/2020/03/20/a171/jo