Austria: Arbitration Analysis 2015

2015 marks the Vienna International Arbitral Centre’s 40th anniversary. Arbitration law in Austria continues to evolve and recent years have seen a considerable increase in multiparty proceedings. Disputes surrounding whether and to what extent the consumer protection clause of the 2006 Arbitration Act applies in disputes between shareholders rages on, despite the Supreme Court’s ruling[…]

Austria 2015 Review

Austria navigated its way through the global financial crisis favourably in comparison with numerous other Eurozone jurisdictions and the country still performs strongly in terms of GDP per capita, with an IMF forecast predicting gradual economic growth for Austria towards the end of 2015. The legal market has felt the impact of the banking crisis[…]