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.
