Employment & Labor Law
Minimum Social Wage (MSW)
The minimum social wage is the legal minimum remuneration applicable under the conditions provided by Luxembourg law.
Lexicon
Employment & Labor Law
Bankruptcy trustee
The trustee is appointed by the court in a bankruptcy to manage the operations entrusted to them, under the control of the procedure. They notably intervene in the management of assets and the verification of claims.
An employee or supplier must document what is owed to them and follow the claim declaration. Informing the trustee does not necessarily replace the required filing. The trustee does not guarantee full payment: it depends on priority rules and available funds.
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Litigation & Advisory
Forfeiture
Forfeiture can prevent the exercise of a right after a deadline. Received act, starting point, and required step must be identified.