Why would you choose Luxembourg as the jurisdiction of your arbitration proceedings?
In their contribution to the GAR Know How Commercial Arbitration, Véronique Hoffeld and Olivier Marquais present the key elements of the legal framework of the Luxembourg system when it comes to arbitration. In this chapter, you will find several answers on:
- What are the treaties and agreements applicable and recognised by the Luxembourg judicial system? What is the procedure to apply for an arbitration in Luxembourg?
- What are the requirements to enforce an arbitration agreement? What kind of dispute can be arbitrated?
- Which arbitration clauses can be drafted and how will they be recognised by other jurisdictions?
- How can you challenge an arbitrator or an award? How can you enforce awards on your own jurisdiction?