News

Arbitration over Litigation

Dr. Christian Konrad together with Mr. Philip Aumüllner of the Austrian Federation of Industries (Industriellenvereinigung) have recently discussed with Daniel Bischof (Wiener Zeitung) the topic of arbitration, its advantages over court proceedings, enforcement of arbitral awards and Vienna as international arbitration hub.

Dr. Christian Konrad together with Mr. Philip Aumüllner of the Austrian Federation of Industries (Industriellenvereinigung) have recently discussed with Daniel Bischof (Wiener Zeitung) the topic of arbitration, its advantages over court proceedings, enforcement of arbitral awards and Vienna as international arbitration hub.  

As revealed by the scientific survey "Arbitration Users", carried out by Konrad & Partners in cooperation with the Austrian Federation of Industries and Danube University Krems, 53% of respondents showed a preference for using arbitration over litigation in cross-border disputes.

Read the full interview here.