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The International Comparative Legal Guide to: Product Liability 2011
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Legal Developments in Austria
Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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Poland: Civil Procedure
On 16 September 2011, the Polish Parliament adopted a significant amendment to the Polish Civil Procedure Code (the “Code”). Most of the changes comprising the amendment came into force on 3 May 2012 (the “Amendment”). -
Mergers & Acquisitions 2012 - Serbia
M&A transactions and all forms of corporate reorganisations (e.g. mergers, de-mergers, transformations, contributions in-kind) are governed by the Companies Act (CA). -
fwp’s expertise in banking & finance and restructuring & insolvency confirmed by top ranking
Once again, business law firm Fellner Wratzfeld & Partners (fwp) is among the front-runners in Austria where international rankings are concerned, a fact confirmed by the Chambers Global Guide 2012, which was published in March 2012. -
Mergers & Acquisitions 2012 Austria
Public bids are regulated under the 1999 Takeover Act (TA), as thoroughly amended by the 2006 TA Amendment Act. The TA applies provided the target is a joint stock corporation (AG) based in Austria and its shares are admitted to trading on the Vienna Stock Exchange (Wiener Boerse; VSE) at a regulated market. -
Austria: Employers have to pay EUR 110 for each termination
In the course of the second stabilisation package 2012*, the new § 2 b Labour Market Policy Financing Act (Arbeitsmarktpolitik-Finanzierungsgesetz – AMPFG) was agreed upon. -
Czech Republic: Major amendment to the Public Procurement Act
As of 1 April 2012, the Czech Public Procurement Act (Act No. 137/2006 Coll.) has been significantly amended. -
The Bulgarian Parliament marks the first anniversary of the Renewable Energy Law of 2011
Bulgaria: The Bulgarian Parliament marks the first anniversary of the Renewable Energy Law of 2011 with its first amendment -
Slovakia: A new subordination rule entered into force: the role of related party creditors in...
bankruptcy post Amendment to the Slovak Bankruptcy Act -
Austria: Claim Management
Construction projects are expensive, and they usually end up being more expensive than agreed. The principal often tries to mitigate this risk by concluding a lump-sum contract. -
EU TRANSACTION TAX: ADDITIONAL BURDENS ON BANKS?
The finance ministers of the European Union met again last week to discuss the plan of introducing a single EU financial transaction tax. According to the plan, a 0.1 percent tax would be levied on bond and capital transactions, while a 0.01 percent tax would be charged on derivatives transactions.