Vienna Perspective – 2013
The following article comments on recent arbitration-related developments in Austria and is the fourth of an annual contribution that provides readers with a ‘‘Vienna Perspective’’ on issues relevant for international arbitration.
This year we focus on the amendment of Sections 615 and 616 of the Austrian Code of Civil Procedure (ACCP), which deal with the setting aside of arbitral awards by Austrian state courts, and the new Vienna Rules. As in the previous years we also provide an overview of recent arbitration-related decisions by the Austrian Supreme Court. This year, these decisions deal with a claim of an arbitrator for fees against an arbitral institution, conflicting proceedings before an arbitral tribunal and a state court, the arbitrability of shareholder disputes and the enforcement or an ad hoc award against a foreign state.