Austrian Supreme Court rules on the application of the consumer protection clause in shareholder disputes

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 dis­putes between share­hold­ers when the ar­bit­ra­tion agree­ment is in­cor­por­ated in the stat­utes of as­so­ci­ation.