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With the enlargement of the European Union, international business is faced with a diverse scope of cultures, languages, business climates and legal systems. Hence, international arbitration is becoming the dispute resolution mechanism of choice. Like any economic decisions, the proper planning of dispute resolution depends largely on the costs involved.
This publication serves as a comprehensive handbook as to how costs in international arbitration are considered in the CEE and SEE regions, and as an up-to-date reference of the relevant statutes and leading institutional rules in these regions. This handbook is intended for legal practitioners and academics representing businesses or working in the CEE/SEE region.
About the author
Dr. Günther J. Horvath, M.C.J., is head of the dispute resolution practice group in Vienna. He specializes in international commercial arbitration with a primary focus on industrial engineering, construction and corporate (M&A) matters and investment treaty arbitration. He acts as chairman and party-appointed arbitrator, frequently in ICC and Vienna International Arbitral Centre (VIAC) cases, as well as in ad hoc proceedings. Dr. Christian W. Konrad, LL.M., is a principal associate of the dispute resolution practice group. He acts as counsel and arbitrator and specializes in investment treaty arbitration as well as international and domestic commercial arbitration with a primary focus on industrial engineering, construction and corporate matters.Jenny Power, J.D., of-counsel, is a member of the dispute resolution practice group and specializes in commercial and in particular industrial engineering and construction arbitrations. She represents clients as counsel in international arbitrations, including those conducted under the auspices of the ICC and the Vienna International Arbitral Centre (VIAC) as well as in ad hoc proceedings. She also acts as arbitrator and as counsel in complex mediation proceedings.
Summary
With the enlargement of the European Union, international business is faced with a diverse scope of cultures, languages, business climates and legal systems. Hence, international arbitration is becoming the dispute resolution mechanism of choice. Like any economic decisions, the proper planning of dispute resolution depends largely on the costs involved.
This publication serves as a comprehensive handbook as to how costs in international arbitration are considered in the CEE and SEE regions, and as an up-to-date reference of the relevant statutes and leading institutional rules in these regions. This handbook is intended for legal practitioners and academics representing businesses or working in the CEE/SEE region.
