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.