New Vienna Rules

  • “The Revised Vienna Rules - An Overview of some significant changes”, ASA Bulletin 2013 (co-author)
    After the VIAC Rules of Arbitration (Vienna Rules) of the International Arbitral Centre in Vienna (VIAC) underwent several reforms since their introduction in 1975, successively fortifying Vienna’s place as a leading venue for international arbitration, the Vienna Rules were lately subject to another significant revision. These revised Vienna Rules took effect on 1 July 2013.

    The ambitious goal of the latest revision of the Vienna Rules was to maintain the simple and flexible character of arbitrations conducted under the Vienna Rules, while creating a modern set of rules at the forefront of international arbitration practice. Furthermore, it was also important to the drafters to emphasize the Vienna Rules’ international character by eliminating provisions based on Austrian procedural law and thus less accessible to users of international arbitration.

    The article discusses some of the more significant changes of the Vienna Rules, most notably relating to the regime regarding the commencement of the arbitration; multi-party arbitration; increased procedural efficiency of the arbitration (including a designated Expedited Procedure); and new provisions regarding the advance on costs, providing for a promising novelty among international arbitration rules.

    As an aside, the article discusses some recent and noteworthy changes to the Austrian Arbitration Act that will take effect on 1 January 2014.
  • The New Vienna Rules”, Arbitration International, Aspen Publishers 2007 (co-author)
    The Rules of Arbitration and Conciliation (Vienna Rules) of the Vienna International Arbitral Centre of the Austrian Chamber of Commerce (VIAC) having been introduced in 1975, the Vienna Rules were subject to substantial amendments in their last (fifth) revision. The new Vienna Rules took effect on 1 July 2006.

    The revision of the Vienna Rules became necessary when the existing Austrian arbitration law was replaced by a new Arbitration Act, also entering into effect as of 1 July 2006. Thus, the present revision ensured that the Vienna Rules remain compatible with the statutory (arbitration) framework in which they typically operate.

    The article seeks to afford the international arbitration user an overview of the new Vienna Rules. A particular focus is devoted to the regime regarding the appointment, challenge and removal of arbitrators; multi-party arbitration; liability of arbitrators and the Vienna International Arbitral Centre; commencement of the arbitration; conducting the arbitration; interim relief and award; and costs of the arbitration.