The Legal 500

UNIVERSITÄTSRING 10, 1010 VIENNA, AUSTRIA
Tel:
Work +43 1 533 47 95
Fax:
Fax +43 1 533 47 97
Email:
Web:
www.dbj.at

Main work contacts

CategoryContact
Banking and finance Andreas Zahradnik, Tibor Varga
Capital markets Andreas W Mayr, Christoph Brogyányi
Competition and antitrust Heinrich Kühnert
Corporate and commercial Christoph Brogyányi, Bernhard Rieder, Veit Öhlberger
Dispute resolution Florian Kremslehner, Christian Dorda, Christoph Stippl, Felix Hörlsberger
Employment Thomas Angermair
Immigration Elmar Drabek
Insurance Felix Hörlsberger, Florian Kremslehner
IT, IP and media Axel Anderl
Life sciences Francine Brogyányi
M&A Martin Brodey, Andreas W Mayr, Jürgen Kittel
Private client Paul Doralt, Elmar Drabek
Public law Bernhard Müller
Real estate and construction Stefan Artner
Restructuring and insolvency Andreas Zahradnik, Tibor Varga
Tax Paul Doralt, Martina Znidaric

Legal Developments by:
Dorda Brugger Jordis

  • Survey of Austrian insolvency law and its current developments

    Austrian law distinguishes between composition proceedings in accordance with the Composition Code (Ausgleichsordnung-AO) and bankruptcy proceedings in accordance with the Bankruptcy Code (Konkursordnung-KO). Bankruptcy proceedings have to be opened if the debtor is unable to pay. In particular, inability to pay must be assumed if the debtor suspends payments. Inability to pay does not require that creditors are actively seeking payment. Bankruptcy proceedings are also opened in the event of overindebtedness in relation to commercial companies if no personally liable partner is a natural person, in relation to the assets of legal entities and in relation to the estates of deceased persons.
    - Dorda Brugger Jordis

Legal Developments in Austria

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Hungary: Amendment to the Civil Code in order to foster lending

    On 13 June 2016 the Hungarian Parliament adopted an amendment to the Civil Code which entered into force two years ago. The main body of the amendment will enter into force on 1 October 2016, and reintroduces the independent mortgage ( önálló zálogjog ) which used to be part of the Hungarian secured transactions regime under the former civil code, and refines the rules of the security deposit ( óvadék ). read more...
  • CJEU rules on liability of marketplace operators for trademark infringements

    Should landlords care about their tenants' IP infringements? According to the Court of Justice of the European Union (CJEU), they should!
  • Poland: Act on Windfarms and Amendments to the Act on Renewable Energy Sources

    On 27 June 2016 the Polish President signed a new bill introducing changes to the Act on Renewable Energy Sources (" Amending Act "). On 22 June 2016 the President signed a new Act on investments in wind power plants (" Act on Windfarms "). Both acts have been widely criticised by the renewable energy sources (" RES ") industry, and on reading they suggest that the current Polish government is willing to significantly reduce support for RES. read more...
  • Bulgaria: The Open Tender for Sofia Aiport Concession Ceased

    On 20 May 2016 the Bulgarian government resolved to begin open tender proceedings for the concession of the Sofia Airport which has been brought to a halt by the Bulgarian Competition Protection Commission. read more...
  • "Brexit" - BrexIP?

    Besides coverage of the UEFA-championship, news of the UK vote on "Brexit" dominated the news last week. While it is too early for an in-depth analysis of the ramifications of a possible "Brexit" on IP rights – not only because despite the vote it is not yet decided whether the UK will in fact withdraw from the EU, but also because the specific mechanisms of such withdrawal will most likely be regulated in an agreement pursuant to Art 50 (2) of the Lisbon Treaty – enterprises should also monitor the developments in this field of law. Below is a small foretaste on issues related to key IP-rights: read more...
  • Czech Republic: Transfer of an Enterprise: Acquisition of Ownership

    The new Czech Civil Code effective 1 January 2014 introduced new rules for determining the moment of legal effectiveness of the transfer of an enterprise.
  • Committed Bribery in the Czech Republic?

    The Czech Government recently submitted a proposal to amend the Czech Penal Code (the " PC ") and the Code of Criminal Procedure (the " CCP ") in respect of, among others [1] , the non-prosecution of bribery under certain circumstances. The proposal [2] was adopted within a month and will come into effect on 1 July 2016 (the " Amendment "). read more...
  • RES in Serbia: New Secondary Legislation Package Adopted

    The long-awaited package of secondary legislation regarding renewables (" Secondary Legislation ") was finally adopted by the Government of Serbia on 13 June 2016.
  • Finally! Some Room Left for Direct Transactions with Securities of Moldovan Joint-Stock Companies

    It is no secret that the Act no.171/2012 on Capital Markets (which entered into force in 2013), together with numerous changes to Act no.1134/1997, and in addition the recent abolition of Act no.199/1998 on Securities Markets, cumulatively have significantly changed the rules of direct transactions with securities in Moldovan joint-stock companies ("JSC"). As a consequence, fears arose that such possibility would no longer exist. read more...
  • Serbia: New Inspection Act in effect: be inspection-ready

    The new Inspection Act came into force on 29 April 2015, with the majority of its provisions coming into effect as of 29 April 2016.