61 results found

The Vienna International Arbitral Centre (VIAC) has expanded its portfolio to include the administration of investment disputes.

On 1 January 2022, new warranty provisions will apply in Austria. This article explains the main changes and examines what impact the changes will have on day-to-day practice.

On 14 July 2023, amendments to the Austrian Code of Civil Procedure (Zivilprozessordnung, ACCP) entered into force.

This article firstly evaluates the existing state of mass claims with a particular reference to the position taken by the investment tribunals when dealing with mass claims.

Imagine you are driving a car at 100 kmph and your friend sitting in the front seat with you yanks the emergency brakes. You know what happens next. SPOILER ALERT- the car crashes.

As the number of COVID-19 cases continues to grow, governmental and judicial bodies have been forced to consider new measures to attend to public health directions and offer new pathways towards remote connectivity.

On 07.12.2020 (served on 28.12.2020), the Higher Regional Court (Oberlandesgericht Wien, OLG) delivered its ruling in the appeal proceedings Schrems v Facebook Ireland Ltd.

The use of virtual hearings is not a novel phenomenon in the international arbitration sphere.

In a recent decision rendered on 15 December 2021, the Austrian Supreme Court (Oberster Gerichtshof, OGH) examined different grounds for setting aside an arbitral award.

As a health crisis of both economic and social proportion, the COVID-19 pandemic has exacted unspeakable loss of human life and menaced the world economy, leaving no industry or personal interaction untouched.

Earlier this year, a sub-group of the IBA's Committee on Arbitration, published its Toolkit on Insolvency and Arbitration (the ‘Toolkit').

Human memory is informed by subjective notions of reality. As time passes, external factors can cause an individual's experience to be severely altered or even distorted entirely.

On 3 September 2020, the Austrian government introduced a draft of its long-anticipated Communication Platform Act (‘Kommunikationsplattformen-Gesetz', KoPI-G), ...

On 21 April 2021, the EU Commission published a proposal for a Regulation on Artificial Intelligence (draft AI Regulation, proposed Regulation).

In light of the volatility of financial markets accelerated by the COVID-19 pandemic, and rising concerns over the heightened risk of buyouts of key national assets and industries, the issue of foreign direct investment screening ...

The incremental rise of COVID-19 infections has, at the time of writing, claimed a total of 655,112 deaths (source: WHO) worldwide.

The effects of COVID-19 on the global economy are well-documented and need not be discussed in detail here.