Commercial Arbitration: Luxembourg

Infrastructure

1. Is your state a party to the New York Convention? Are there any noteworthy declarations or reservations?

Luxembourg

Luxembourg is party to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958, approved by the Law of 20 May 1983 (the New York Convention). The New York Convention entered into force subject to a reciprocity reservation allowing Luxembourg to apply the Convention to the recognition and enforcement of arbitration awards only when these are made in the territory of another contracting state. The Law of 1983 does not include a commercial reservation. Luxembourg courts have clarified on numerous occasions the functioning of the New York Convention of 1958.