The Institute comprises three departments: the Department of International Law and Dispute Resolution, the Department of European and Comparative Procedural Law, and the Department of Regulatory Procedural Law. The concrete interaction of the three departments is illustrated by initial projects which the Institute is planning to conduct. One research project concerns the implementation of reforms of the procedural law in the so-called “troika” states. Both Portugal and Greece have committed themselves to far reaching reforms in the justice sector and in procedural law vis-à-vis the IMF, the EU Commission and the European Central Bank. The respective legislative processes have been initiated in Portugal and are being prepared in Greece. The Institute plans to investigate, together with experts from International Monetary Fund, the practical implementation of the reformed structures of the judiciary and of the procedural law, and especially to look for mechanisms which could ensure that the reformed laws are in fact applied in legal practice.
Another topic concerns the future “architecture” of the European procedural law and of the national justice systems. In view of the rapidly increasing number of European legal acts on procedural law, the time seems ripe to discuss the middle and long-term perspectives of the organization of the judiciary and of the procedural statutes both on the national and the European levels. The Institute will establish a reflection group on the future of the judicial structures in the European Union which, as an open forum of discussion, analyzes and evaluates the current legislative processes and especially discusses the further perspectives.
Finally, interesting research perspectives arise for all three departments in the field of restructuring and insolvency law, namely in the area of state insolvency, the European regulation on insolvency proceedings and the restructuring of companies and financial institutions.
These examples show that the new Institute in Luxembourg is going to actively deal with recent trends and developments in dispute settlement, out of a genuinely comparative and transversal perspective.