Since the Austrian Arbitration Act 2006 entered into force, it has been widely disputed between legal scholars, whether and to what extent the consumer protection clause of the Act – which severely restricts the possibility of concluding arbitration agreements with consumers – also applies in...

On 1 January 2014, the renewed Austrian Arbitration Law has come into force (SchiedsRÄG 2013) introducing major changes. The most significant and important amendment is the long anticipated shortening of the procedural levels for setting aside an arbitral award.

Effective 1 July 2013, the new Vienna Rules of Arbitration, presented by the Vienna International Arbitral Centre, have introduced amendments and additional provisions to the previous rules established in 2006. Adopted by the Extended Presiding Committee of the Austrian Federal Economic Chamber in...