ARTICLE
18 September 2020

Modernisation Of Luxembourg Arbitration Law

AM
Arendt & Medernach

Contributor

About Arendt

Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.

-Legal & Tax
-Regulatory & Consulting
-Investor Services

Legal & Tax

We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.

Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.

The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas

On 4 September 2020, the Luxembourg Council of Government enacted bill no. 7671/00 to redefine the procedural framework applicable to arbitration.
Luxembourg Litigation, Mediation & Arbitration

On 4 September 2020, the Luxembourg Council of Government enacted bill no. 7671/00 to redefine the procedural framework applicable to arbitration.

The bill is now available on the website of the Luxembourg Chamber of Deputies, here in French_

What is the overarching objective? To promote Luxembourg as place of arbitration by adapting the country's existing legal framework to international standards which are amenable to arbitration.

The bill is based on a proposal from the Think Tank for Arbitration (a group of experienced Luxembourg-based practitioners and academics interested in arbitration), and its aim is clear: to make arbitration in Luxembourg attractive by setting up an efficient, arbitration-friendly ecosystem.

Analysis and comments by our arbitration experts to follow soon.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More