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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Veit Öhlberger strengthens the team of lawyers at DORDA BRUGGER JORDIS

December 2009. Press Releases by Dorda (view listing).

Veit Öhlberger is an expert in arbitration, contract and corporate law as well as in M&A. He first gained work experience at DORDA BRUGGER JORDIS while studying law and went on to join the firm as an associate after graduating. In 2008, he worked in Beijing at the China International Economic and Trade Arbitration Commission (CIETAC) administrating cross-border arbitrations. After that, he gained more valuable knowledge of Chinese business law at the Beijing office of the internationally renowned business law firm Beiten Burkhardt. In April 2009, he returned to DORDA BRUGGER JORDIS.

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DORDA BRUGGER JORDIS advises BWT on the acquisition of Christ Water Technology's pharma business

December 2009. Press Releases by Dorda (view listing).

Andreas W. Mayr and Jürgen Kittel, partners and M&A experts at DORDA BRUGGER JORDIS, advised Vienna Stock Exchange listed Best Water Technology Group (BWT) on the acquisition of the pharmaceutical water activities of listed company Christ Water Technology AG (CWT) as well as on the acquisition of a 49% stake in Zeta Group. Due to corporate governance reasons, the transaction has been voluntarily approved in both BWT's and CWT's annual shareholders' meetings.

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DORDA BRUGGER JORDIS advises underwriters on EUR 1.74 billion capital increase of ERSTE Group

December 2009. Press Releases by Dorda (view listing).

Andreas W. Mayr and Christoph Brogyányi, partners and capital market experts at DORDA BRUGGER JORDIS, acted as Austrian underwriters' counsel for the joint bookrunners in Erste Group's EUR 1.74 billion capital increase. Mayr and Brogyányi advised Goldman Sachs International and J.P. Morgan, who acted as Joint Global Coordinators and Joint Bookrunners alongside Erste Group in this capital increase. DORDA BRUGGER JORDIS was also counsel to the co-lead managers Citi, Credit Suisse and UBS. This was one of the largest capital market transactions in Austria in 2009.

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Paul Doralt Elected to the Board of IBA’s Global Tax Committee

June 2009. Press Releases by Dorda (view listing).

Paul Doralt, Partner at DORDA BRUGGER JORDIS, was elected to the board of the International Bar Association's Global Tax Committee. He will serve as co-chairman for 2 years. The IBA has a membership of 30,000 individual lawyers and roughly 195 bar associations. It covers a wide range of practice areas, which are organised into various legal committees. Since 2007, Paul Doralt has acted as the IBA´s Austrian national reporter on tax issues.

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DORDA BRUGGER JORDIS Advises Sparkassen Immobilien AG on the acquisition of OMV's new headquarters

June 2009. Press Releases by Dorda (view listing).

Stefan Artner, partner and head of DORDA BRUGGER JORDIS' real estate desk, and his team advised Sparkassen Immobilien AG on acquiring two office buildings – the new OMV headquarters and the Marriott Hotel - in the Vienna development area "Viertel Zwei". Sparkassen Immobilien AG is Austria's longest-standing property investment company and has been listed on the Vienna Stock Exchange since 1987.

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DORDA BRUGGER JORDIS advises Invest Equity on the sale of Chemson

June 2009. Press Releases by Dorda (view listing).

Andreas Zahradnik, private equity expert and partner at DORDA BRUGGER JORDIS, advised Invest Equity on the sale Chemson Polymer Additive AG. Chemson is an internationally leading manufacturers of polymer additives with a global turnover amounting to nearly EUR 300 million.

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DORDA BRUGGER JORDIS Advises Valartis Group on the Acquisition of Anglo Irish Bank Austria

June 2009. Press Releases by Dorda (view listing).

Martin Brodey and Andreas Zahradnik, partners at DORDA BRUGGER JORDIS, have advised the Swiss Valartis Group on the acquisition of Anglo Irish Bank's Austrian private banking subsidiary, Anglo Irish Bank (Austria) AG. The acquisition was completed on December 19, 2008, after the Swiss Federal Banking Commission gave their approval. The Austrian Financial Market Authority also did not object to this transaction. The Anglo Irish Bank (Austria) AG will be renamed Valartis Bank (Austria) AG and its asset management subsidiary Valartis Asset Management (Austria) Kapitalanlagesellschaft mbH. Both parties have agreed not to discuss details of the purchase price.

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Austrian Law Firm of the Year 2009 DORDA BRUGGER JORDIS awarded by IFLR

June 2009. Press Releases by Dorda (view listing).

DORDA BRUGGER JORDIS is delighted to announce that it has been named 'Austrian Law Firm of the Year' by International Financial Law Review (IFLR). The firm received this prestigious award at the IFLR Europe Awards in London on March 18, 2009.

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Associate University Professor Alexander Schopper Joins DORDA BRUGGER JORDIS

June 2009. Press Releases by Dorda (view listing).

Associate University Professor Alexander Schopper has been appointed Of Counsel at DORDA BRUGGER JORDIS, a leading business law firm in Austria. Since May 2009, he strengthens the firm's corporate finance and restructuring team headed by Andreas Zahradnik.

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Legal Developments by:
Dorda Rechtsanwalte GmbH

  • Stop! Wait! Move! – No longer Stamp Duty for Residential Homes

    On 12 October 2017, right in a last minute attempt to win undecided voters for one of the political parties, the leaving members of parliament enacted a new tax law. While fundamental changes to the Austrian Tenancy Law had been vividly discussed between the socialist and the conservative parties in recent years, the new law on the abolition of stamp duty falls completely short of what could have been achieved.
    - Dorda

Legal Developments in Austria

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Stop! Wait! Move! – No longer Stamp Duty for Residential Homes

    On 12 October 2017, right in a last minute attempt to win undecided voters for one of the political parties, the leaving members of parliament enacted a new tax law. While fundamental changes to the Austrian Tenancy Law had been vividly discussed between the socialist and the conservative parties in recent years, the new law on the abolition of stamp duty falls completely short of what could have been achieved.
    - Dorda
  • European Court of Human Rights: Employers have limited rights to monitor employee communications at

    A landmark decision was issued yesterday (Judgement Bărbulescu v. Romania), a source of debate in the media , in which the European Court of Human Rights clarified the restrictions on monitoring employees in the workplace.
  • Potential Hurdle for Acquisitions in Hungary by Non-EU and Non-EEA Investors

    The Hungarian Ministry of the Interior recently submitted a legislative proposal to the Hungarian Government to amend the Act on Hungarian National Security Services (the " Proposal "). The Proposal suggests an amendment pursuant to which investors from non-EU and non-EEA countries who wish to invest in Hungary would have to obtain prior permission from the minister responsible for national security (the " Minister .
  • EU: High-Level Expert Group on Sustainable Finance delivers early recommendations

    On 13 July 2017, the High-Level Expert Group (" HLEG ") on Sustainable Finance published its interim report (" Interim Report ") setting out concrete steps to create a financial system that supports sustainable investments. This Legal Insight is part of our dedicated newsletter series on the European Capital Markets Union (" CMU "). Background The growing awareness of environmental challenges and sustainability risks as well as the adoption of the UN 2030 Agenda and the conclusion of the Paris Climate Agreement by the EU in 2015 call for an EU strategy on sustainable finance. Establishing an EU strategy on sustainable finance is a priority action of the CMU. In December 2016, the HLEG was established to advise on the development of such an EU strategy . The recently published HLEG Interim Report was recently presented in a public hearing on sustainable finance on 18 July 2017. At the same time, the HLEG presented an online questionnaire on the Interim Report aimed at obtaining targeted feedback until 20 September 2017, which would be reflected in the final report of the HLEG scheduled for publication by the end of 2017.
  • Serbian Competition Authority Steps Up Antritrust Enforcement

    The Serbian Commission for Protection of Competition (the " Commissio n") recently intensified its antitrust activities before the new Administrative Act came into effect. In one week alone the Commission initiated four antitrust cases and conducted two dawn raids. 1. What/who will be on the Commission's radar?
  • First Annual Privacy Shield Review to take place in September 2017

    One of the core principles of the EU-US Privacy Shield (" Privacy Shield ") is its Joint Review mechanism, which obliges the European Commission, the US Department of Commerce and the Federal Trade Commission to jointly review the functioning of the Privacy Shield on an annual basis, together with its national security and law enforcement aspects. The very first Joint Review is scheduled for September 2017. This first review is considered especially important, as it will be the first opportunity for US and EU regulators to closely analyse the operation of the Privacy Shield, address possible concerns about its functioning, and seek to ensure that the Privacy Shield continues to be a valid legal basis for transfers of personal data from the EU to the US.
  • The role of the supervisory board in investor relations

    1.Abstract
    - Dorda
  • Constitutional Court's Recent Judgments on Rent in Austria

    The Constitutional Court has recently provided two judgments on 28 June 2017 on the rent control legislation in Austria ruling that the current system for flats complies with Austrian Constitutional Law and the European Convention on Human Rights. The Constitutional Court visibly failed to take the opportunity to initiate a change to the current legislation. Further appeals to the Constitutional Court are likely and worthwhile with the Austrian parties currently involved in their campaigns for the general election in October 2017.
    - Dorda
  • Buy-to-Let Schemes in Austria

    Buy-to-let schemes reached the Austrian market several years ago and have gained increased popularity in the scenic alpine regions of Tyrol, Vorarlberg or Salzburg. Investors acquire condominium ownership in newly constructed hotel facilities and rent out the properties to hotel operators at – ideally – attractive rates. While buy-to-let-schemes can be very lucrative investments, they also raise complex legal and tax questions. With the economic and financial crisis falling into oblivion, investors, however, have become more and more willing to sail these waters.
    - Dorda
  • Hungary: Are Interim Measures Hard to Enforce?

    The Hungarian Parliament recently passed new legislation on arbitration ( Act LX of 2017 on Arbitration , the “2017 Act”) that will reform Hungarian arbitration law as of 1 January 2018.