Key Issues Paper On The Modernisation Of German Arbitration Law

On 18 April 2023, the German Federal Ministry of Justice [Bundesministerium der Justiz, BMJ] published the key issues paper on the modernisation of German arbitration law. The planned reform aims to adapt arbitration law to current needs and thereby strengthen the attractiveness of Germany as an arbitration location. To implement this goal, the BMJ proposes twelve concrete reform projects.

In a series of articles on LinkedIn, we have examined these twelve key issues individually and investigated the extent to which the proposed reform can contribute as planned to strengthening Germany as an arbitration location. Many of the planned changes do indeed promise to facilitate matters in practice. The added value of other proposed reforms remains to be seen.