MARKET VIEW – ARBITRATION
Manfred Heider, secretary general of VIAC, talks to Zeiler. Partners’ Gerold Zeiler about how recent changes to the institution’s rules will maintain its position as a key location for European disputes
Gerold Zeiler, zeiler.partners: With a growing number of arbitral institutions, why should a party use your institution?
Manfred Heider, Vienna International Arbitral Centre (VIAC): The VIAC is one of Europe’s leading arbitral institutions and serves as a focal point for the settlement of commercial disputes in the regional and international community. VIAC was founded in 1975 as a permanent arbitral institution of the Austrian federal economic chamber and has since then enjoyed a steadily increasing caseload from a diverse range of parties spanning Europe, the Americas and Asia. Situated in a neutral country in the heart of Europe, VIAC offers its services for the settlement of international disputes. The arbitral proceedings are individually designed according to the parties’ requirements and meet the highest quality criteria.