{"id":304,"date":"2023-10-05T12:54:53","date_gmt":"2023-10-05T12:54:53","guid":{"rendered":"https:\/\/lawyersaustria.com\/?p=304"},"modified":"2024-03-21T15:31:25","modified_gmt":"2024-03-21T15:31:25","slug":"arbitration-court-in-austria","status":"publish","type":"post","link":"https:\/\/lawyersaustria.com\/arbitration-court-in-austria\/","title":{"rendered":"Arbitration Court in Austria"},"content":{"rendered":"\n

The\u00a0Vienna International Arbitral Centre<\/strong>\u00a0serves as the principal\u00a0arbitration court in Austria<\/strong>. Companies in Austria that want to\u00a0settle disputes via arbitration<\/strong>\u00a0can include a special clause in the agreements they conclude and can contact an arbitrator with the help of one of our\u00a0arbitration lawyers in Austria<\/strong><\/a>.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
 Quick Facts<\/th>\n <\/th>\n<\/tr>\n<\/thead>\n
Settling commercial disputes in Austria   <\/td>\nThrough Vienna International Arbitral Centre (VIAC) <\/td>\n<\/tr>\n
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 About VIAC  <\/p>\n<\/td>\n

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 Serves for disputes mainly registered in Central and Eastern Europe.<\/p>\n

However, citizens from other countries too can ask for arbitration in Vienna.<\/p>\n<\/td>\n<\/tr>\n

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Legislation   <\/p>\n<\/td>\n

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– Civil Code in Austria,<\/p>\n

– Arbitration Act in Austria,<\/p>\n

– UNCITRAL Model Law <\/p>\n<\/td>\n<\/tr>\n

Linked organization   <\/td>\nPermanent Court of Arbitration (PCA), with a regional office in Vienna <\/td>\n<\/tr>\n
When is arbitration required?   <\/td>\n\n

For disputes in sectors like:<\/p>\n

– finance,<\/p>\n

– trade,<\/p>\n

– construction and other business-related matters <\/p>\n<\/td>\n<\/tr>\n

 Rules of arbitration  <\/td>\n\n

–  equal treatment for each party involved in a dispute,<\/p>\n

– transparency,<\/p>\n

– cases overseen by independent and impartial arbitrators<\/p>\n<\/td>\n<\/tr>\n

 How is arbitration started in Austria?  <\/td>\n\n

By filing a statement claim first <\/p>\n<\/td>\n<\/tr>\n

 Prehearing meeting  <\/td>\n\n

Between arbitrators and parties involved in the case <\/p>\n<\/td>\n<\/tr>\n

 Documents solicited  <\/td>\n\n

– contracts,<\/p>\n

– evidence,<\/p>\n

– other materials that highlight the conflict between parties involved in a dispute <\/p>\n<\/td>\n<\/tr>\n

 Mediation possible (YES\/NO)  <\/td>\nYES <\/td>\n<\/tr>\n
Representation provided by an arbitration lawyer in Austria   <\/td>\n\n

 He or she has experience in arbitration cases and can represent each party implicated.<\/p>\n<\/td>\n<\/tr>\n

What is an arbitration agreement?   <\/td>\n\n

 A treaty describing information about the parties involved in a commercial dispute and their willingness to solve it through arbitration<\/p>\n<\/td>\n<\/tr>\n

Is information about arbitrators available to the public?   <\/td>\n\n

Yes, VIAC provides such information. <\/p>\n<\/td>\n<\/tr>\n

 Can arbitration be followed by mediation? (YES\/NO)  <\/td>\n\n

YES <\/p>\n<\/td>\n<\/tr>\n

 Why choose our arbitration lawyers in Vienna?  <\/td>\n\n

– experience,<\/p>\n

– professionalism,<\/p>\n

– dedication,<\/p>\n

– efficiency,<\/p>\n

– affordable costs<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n

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