In the pending case, the European client concluded a contract with a US entity. The parties agreed on arbitration in accordance with the Vienna Rules of the VIAC, since arbitration is a frequently chosen dispute resolution method in international commercial matters. Furthermore, the importance of the VIAC, the leading arbitration institution in the CEE region is constantly increasing. This is because arbitration has a long standing tradition in Austria as it is known in
MSI Austrian law firm member Alix Frank Rechtsanwälte and Slovakian law firm member G. Lehnert, s.r.o. are currently representing a mutual client in international arbitration proceedings.