November 28, 2018 Articles

Vienna International Arbitral Centre Revises Its Rules

By Valentina Wong and Alexander Zollner

Following other leading institutions such as the ICC International Court of Arbitration, the Arbitration Institute of Stockholm Chamber of Commerce, the German Arbitration Institute, and the London Court of International Arbitration, the Vienna International Arbitration Centre (VIAC) updated their arbitration rules earlier this year. The Vienna Rules 2018 became effective on January 1, 2018 and apply to all proceedings that were initiated after December 31, 2017 (Article 47 Vienna Rules 2018).

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