International Arbitration 2025

LIECHTENSTEIN Law and Practice Contributed by: Moritz Blasy, Nicolai Binkert, Simon Ott and Kathrin Binder Schurti Partners Attorneys at Law Ltd

Germany

Austria

Liechtenstein

Switzerland

Italy

Contents 1. General p.435 1.1 Prevalence of Arbitration p.435 1.2 Key Industries p.435 1.3 Arbitration Institutions p.436 1.4 National Courts p.436 2. Governing Legislation p.436 2.1 Governing Law p.436 2.2 Changes to National Law p.437 3. The Arbitration Agreement p.437 3.1 Enforceability p.437 3.2 Arbitrability p.437 3.3 National Courts’ Approach p.437 3.4 Validity p.437 4. The Arbitral Tribunal p.438 4.1 Limits on Selection p.438 4.2 Default Procedures p.438 4.3 Court Intervention p.438 4.4 Challenge and Removal of Arbitrators p.438 4.5 Arbitrator Requirements p.439 5. Jurisdiction p.439 5.1 Challenges to Jurisdiction p.439 5.2 Circumstances for Court Intervention p.439 5.3 Timing of Challenge p.439 5.4 Standard of Judicial Review for Jurisdiction/ Admissibility p.440 5.5 Breach of Arbitration Agreement p.440 5.6 Jurisdiction Over Third Parties p.440 6. Preliminary and Interim Relief p.440

8. Evidence p.442 8.1 Collection and Submission of Evidence p.442 8.2 Rules of Evidence p.442 8.3 Powers of Compulsion p.442 9. Confidentiality p.443 9.1 Extent of Confidentiality p.443 10. The Award p.443 10.1 Legal Requirements p.443 10.2 Types of Remedies p.444 10.3 Recovering Interest and Legal Costs p.444 11. Review of an Award p.444 11.1 Grounds for Appeal p.444 11.2 Excluding/Expanding the Scope of Appeal p.445

11.3 Standard of Judicial Review p.445 12. Enforcement of an Award p.445 12.1 New York Convention p.445 12.2 Enforcement Procedure p.445 12.3 Approach of the Courts p.445 13. Miscellaneous p.446 13.1 Class Action or Group Arbitration p.446 13.2 Ethical Codes p.446 13.3 Third-Party Funding p.446 13.4 Consolidation p.446 13.5 Binding of Third Parties p.446

6.1 Types of Relief p.440 6.2 Role of Courts p.441 6.3 Security for Costs p.441 7. Procedure p.441

7.1 Governing Rules p.441 7.2 Procedural Steps p.441 7.3 Powers and Duties of Arbitrators p.442 7.4 Legal Representatives p.442

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