On September 15, 2020, the Luxembourg government addressed the
modernisation of the country's arbitration law by tabling bill
No. 7671 to the Chamber of Deputies. Since their incorporation in
France's Napoleonic-era Code of Civil Procedure of 1806, the
rules relating to arbitration procedures have been modified only
occasionally, with a major change in 1981 that notably updated the
regime for appeals against awards. The current reform comes at the
right time because the grand duchy has manifest advantages as a hub
for arbitration, in particular the favourable attitude of judges
toward international law.
The modernisation of arbitration has multiple goals, not only to
relieve the national courts of some cross-border disputes but also
to make Luxembourg more attractive as a jurisdiction by providing
parties to a dispute access to legal expertise. Many operating
companies and holding entities have their headquarters in
Luxembourg and incur additional costs when their