- Are comfort letters issued under the laws of your jurisdiction? If so, what are they called, and are they always issued by parent companies in respect of subsidiaries?
- Can comfort letters be issued in binding form as well as in non-binding form under the laws of your jurisdiction? If so, how common are binding comfort letters?
- Are there any particular requirements for comfort letters (whether binding or non-binding) under the laws of your jurisdiction?
These are some of the questions our lawyers have replied concerning Luxembourg Comfort letters in Thomson Reuters Practical Law.
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