Welcome

  • Print
to the homepage of the Vienna International Arbitral Centre (VIAC)!
 
VIAC, the premier international arbitration institution
in Central and Eastern Europe.

Representing one of Europe’s leading arbitral institutions, VIAC serves as a focal point for the settlement of commercial disputes in the regional and international community. The VIAC was founded in 1975 as a permanent arbitral institution of the Austrian Federal Economic Chamber (“AFEC”) and has since then enjoyed a steadily increasing caseload from a diverse range of parties spanning Europe, the Americas and Asia.

N  E  W  S

New VIAC Rules of Arbitration and Mediation 2018

A new version of the VIAC Rules of Arbitration and Mediation will enter into force on 1 January 2018 (“Vienna Rules and Vienna Mediation Rules 2018“).

Vienna Rules 2018
The Rules will apply to all proceedings that commence after 31 December 2017. The most important novelty: VIAC will also administer purely domestic cases in the future. Moreover, the new Rules will introduce some other innovative new features. For an overview of the most significant changes of the Rules of Arbitration and the Rules of Mediation please follow this link.

VIAC publishes names of Arbitrators sitting in VIAC-cases

Following the call for more transparency in the appointment process of institutional arbitration, VIAC has decided to publish the names of arbitrators acting in current proceedings: Under the header "VIAC Arbitral Tribunals"  you will find the names of all arbitrators acting in VIAC cases where the file has already been transferred to the arbitral tribunal and which were still pending on 1 January 2017 or were filed after this date.

The list will be updated regularly. It provides information on the appointment method, i.e. if the arbitrator has been appointed by the VIAC-Board or nominated by the parties/co-arbitrators and the date when the case file was handed over to the respective arbitrator. It also shows if the case is still pending or if an arbitrator’s office was prematurely terminated without stating the reasons.

With this new initiative, VIAC is enhancing pellucidity in international arbitration and encourages other arbitral institutions which have not yet joined this path to follow this example.

Global Arbitration Review - Article dated 8 September 2017

VIAC obtains right to administer also domestic cases

On 17 May the Austrian Parliament passed an amendment of the WKG (BGBl. I Nr. 73/2017 of 19 June 2017), which also included a change to Sec 139 para 2. As of now parties in purely domestic cases are free to choose the arbitration institution that is best fit for their needs within the system of the Economic Chamber (and of course any other arbitral institution). International cases remain to be administered by VIAC only. Thus, in case parties opt for VIAC and the Vienna Rules also for a purely domestic dispute, VIAC may administer the dispute and does not have to refer the case to the regional arbitration centre of the competent regional economic chamber.

VIAC is currently working on an amendment of its Vienna Rules. In addition, a linguistic clarification has been made: VIAC will be referred to as "Internationale Schiedsinstitution der Wirtschaftskammer Österreich" (and no longer as "Schiedsgericht", which is actually the German expression for “Arbitral Tribunal”).

"ERA - Equal Representation in Arbitration PLEDGE"

ArbitralWomen is an international network of women in dispute resolution, and a non-governmental organisation bringing together women practitioners active in this field. The group that origins in 1993 today is a thousand strong with members from all continents and more than 40 countries. It focusses on promoting women in dispute resolution through events, social gatherings, mentoring, and sponsoring to assist women law students to participate in moot courts.

...read more