Navigating the Modernized Arbitration Law in Luxembourg

Over a year ago, Luxembourg modernized its Arbitration Law, drawing inspiration from French law and the UNCITRAL Model Law. This significant reform, effective for all arbitration agreements entered into, arbitral tribunals constituted, and arbitral awards rendered on or after 25 April 2023, was implemented about to enhance the efficiency, clarity, and appeal of arbitration in Luxembourg.

To help navigate this new landscape, our Luxembourg team provides a comprehensive overview of key aspects of the new arbitration law. Through these clear and visual explanations, you will gain a deeper understanding of arbitration mechanisms.

The overview covers:

• Drafting agreements and clauses, focusing on the principles of severability and arbitrability, as well as key considerations like the seat of the arbitral tribunal and the number of arbitrators
• Typical costs of arbitration in Luxembourg, the key factors that influence these expenses and the cost estimates under the procedural rules of the Luxembourg Arbitration Center (LAC)
• Procedures and requirements for initiating arbitration and appointing arbitrators
• The role of the supervising judge ("juge d'appui") in assisting with the constitution of the arbitral tribunal and ensuring smooth conduct of the proceedings
• Arbitral proceedings after the constitution of the tribunal including the taking of evidence and discovery measures under Luxembourg law, as well as the written phase of the arbitral proceedings
• Annulment and enforcement of arbitral awards rendered in Luxembourg, as well as the enforcement of arbitral awards rendered outside the country.

Arbitration in Luxembourg offers a discreet, efficient, and timely solution to business disputes, providing a reliable alternative to traditional litigation.

By understanding these new regulations, companies and businesses can better prepare and navigate their arbitration processes with confidence.

Click the button above to download our complete overview. For further details or specific inquiries, please reach out to our Luxembourg team: