Modernisation of Luxembourg arbitration law

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

17/09/2020

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.

> Anticipate and contact our experts below
> Learn more about the expertise in arbitration at Arendt_

YOU MIGHT ALSO WANT TO DISCOVER

23/11/2023
Tax – Luxembourg minimum net wealth tax provisions unconstitutional

On 10 November 2023, the Luxembourg Constitutional Court concluded that §8(2) a) of the law on net wealth tax was contrary to the constitutional principle of equality. Pending legislative reform, the taxpayers concerned will be subject to the minimum net wealth tax of EUR 1,605 w...

Read More_