In the Official Gazette of 29 October 2009, the Law of 24 October 2008 was published which enacts Bill No. 5842, which is aimed at improving the Luxembourg investment climate. The bill includes various provisions to improve the attractiveness of the regime for venture capital funds (sociétié d'investissement en Capital à Risque (SICAR), The Bill applies from the date of publication in the Official Gazette.
Luxembourg Supreme Administrative Court holds Luxembourg SA holding call opt…