A new version of the VIAC Rules of Arbitration and Mediation entered into force on 1 July 2021 (“Vienna Rules and Vienna Mediation Rules 2021“; short “VR” and “VMR”). The rules apply to all proceedings that commenced after 30 June 2021.
The revision of the Vienna Rules was triggered by the drafting of the new VIAC Rules of Investment Arbitration and Mediation, which will also enter into force on 1 July 2021. This was taken as an opportunity to also adapt the existing rules for commercial disputes to new needs and developments in the market, as well as to open up a new field of business, namely inheritance disputes, through a new Annex 6 with special rules.
A working group consisting of representatives of the VIAC Board, the Secretariat, the National and International Advisory Board, and other important stakeholders has drafted the amendment (Claudia Annacker, Alice Fremuth-Wolf, Günther Horvath, Elisabeth Kahler, Johanna Kathan-Spath, Stephan Karall, Werner Jahnel, Christian Koller, Paul Oberhammer, Patrizia Netal, Michael Nueber, Nikolaus Pitkowitz, Dietmar Prager, Lucia Raimanova, Stefan Riegler, Martin Schauer, Franz Schwarz, Irene Welser, Elke Willi, Brigitta Zöchling-Jud). A special thanks goes to all the members for their work and efforts.
For an overview of the most significant changes of the VIAC Rules of Arbitration and the VIAC Rules of Mediation please follow this link:
Please read the Kluwer Arbitration Blog post "VIAC Rules Revision 2021 Part I: Revised Vienna Rules Enter into Force on 1 July 2021" by Alice Fremuth-Wolf and Johanna Kathan-Spath.
Our rules can be downloaded here:
Rules of Arbitration and Mediation 2021 English (online version)
Rules of Arbitration and Mediation 2021 English
Rules of Arbitration and Mediation 2021 German (online version)
Rules of Arbitration and Mediation 2021 German