Arbitration Guide

The Arbitration Guide aims at providing users with useful information and guidance in implementing arbitration mechanisms.

It does not constitute or contain any legal advice or establishes any liability on the Firm’s side. At the same time, the Firm does not assume any responsibility or liability to any person with respect to the content of the Online Arbitration Guide or with respect to any inaccuracy, error or other defects of any kind.

  1. I. General
    1. 1. Advantages of International Arbitration
    2. 2. Institutional Arbitration vs ad hoc Arbitration
    3. 2.1 Benefits of Institutional Arbitration
    4. 2.2 Ad hoc Arbitration
    5. 3. Post hoc Arbitration
    6. 4. Other Forms of Dispute Resolution
  2. II. The Arbitration Agreement
    1. 1. Subjective Arbitrability
    2. 2. Objective Arbitrability
    3. 3. Form Requirements
    4. 4. Minimum Content of the Arbitration Agreement
    5. 5. Special Requirements for Consumers
  3. III. The Arbitration Tribunal
    1. 1. Consitution of the Arbitral Tribunal
    2. 1.1 Number of Arbitrators
    3. 1.2 Method for Selection
    4. 1.3 Default Procedure under Austrian Law
    5. 1.4 Personal Qualifications to Act as Arbitrators
    6. 1.5 Independence and Impartiality of Arbitrators
    7. 2. Challenge of an Arbitrators
    8. 2.1 Grounds for Challenges
    9. 2.2 Challenge Procedure
    10. 3. Replacement of an Arbitrator
    11. 4. Relationship between the Parties and the Arbitrator
    12. 5. Jurisdictions
    13. 5.1 Competence-Competence
    14. 5.2 Timely Objection against Jurisdiction
  4. IV. The Law Applicable to the Substance of the Dispute
    1. 1. Party Autonomy
    2. 2. Arbitrator’s Discretion
  5. V. The Arbitral Procedure
    1. 1. Party Autonomy
    2. 1.1 Guiding Principles for the Arbitration
    3. 1.2 Limits
    4. 2. Control of Proceedings
    5. 3. Commencement of the Proceedings
    6. 3.1 Request for Arbitration
    7. 3.2 Reply and Potential Counterclaim
    8. 3.3 Advance on Costs
    9. 3.4 Constitution of the Arbitral Tribunal
    10. 4. Evidentiary Matters
    11. 4.1 Content
    12. 4.2 Basic Structure
    13. 4.3 Specific Features
    14. 5. Structure of a Typical International Arbitration
    15. 6. Judicial Assistance from State Courts
  1. VI. Remedies and Costs
    1. 1. Monetary Compensation
    2. 2. Interest
    3. 3. Costs
  2. VII. Setting Aside an Award
    1. 1. Structure of Section 611 ACCP
    2. 2. Specific Grounds
    3. 3. The Austrian Supreme Court as Competent Authority
  3. VIII. Privacy / Confidentiality
    1. 1. Privacy of Arbitration
    2. 2. Confidentiality
    3. 2.1 Express of Confidentiality Agreement
    4. 2.2 Implied Obligation of Confidentiality
  4. IX. Recognition and Enforcement
    1. 1. The New York Convention
    2. 2. Article V of the New York Convention
  5. X. Investor State Arbitration / Proposal EU and ICSID
    1. 1. Foreign Investment – a Major Component of Today’s Economy
    2. 2. International Centre for the Settlement of Investment Disputes (ICSID)
    3. 2.1 The 1965 ICSID Convention
    4. 2.2 Legal Framework for Cases brought before the ICSID
    5. 2.3 Overview of the Prerequisites for Cases to be resolved by ICSID
    6. 3. The Prerequisites in Particular
    7. 3.1 Consent to Arbitrate
    8. 3.2 Contracting State and National of Another Contracting State
    9. 3.3 Legal Disputes Arising out of an Investment
    10. 4. Bilateral Investment Treaties (BITs)
    11. 4.1 Definition
    12. 4.2 General Content
    13. 4.3 Various Dispute Resolution Procedures
    14. 4.4 Austria as Party to Investment Treaties
    15. 5. BITs and Law of the European Union