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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
  • Serbia: Draft for New Trademark Act Introduces Trademark Opposition System and Various Other Changes

    The draft of Serbia's new Trademark Act strives to remove shortcomings in the existing trademark legislation and further harmonize Serbian laws with those of the European Union. Read more...
  • Transparency International Releases its new Corruption Perceptions Index

    On 27 January 2016, Transparency International released its 2015 Corruption Perceptions Index (CPI). ), which covers perceptions of public sector corruption in 168 countries. The CPI can be found under the following link . read more...
  • Hungary: The value of information – highest fine ever imposed on an association of undertakings

    On 11 January 2016, the Hungarian Competition Authority (Authority) announced the highest fine it has ever imposed on an association on account of horizontal information exchange. The fine of ca. EUR 12.7 million (HUF 4 billion) was imposed on the Hungarian Banking Association (Association) for the Association's database, which included not only strategically relevant, but also confidential data. Undoubtedly, the continuous flow of information is one of the key drivers of business and economic growth. The more unconstrained the flow of information becomes, the more conscious undertakings must be in order to identify the inherent legal risks of information exchange and its lawful limits. The Authority's decision is one of the most recent indicators of the relevance of such considerations. read more...
  • EU: New Information Obligations for Online Traders

    1. The EU Regulation
  • Croatia: Consumer Bankruptcy Act Introduces Consumer Bankruptcy into the Legal System

    The Croatian Consumer Bankruptcy Act ( Zakon o stečaju potrošača ; " ZSP ") [1] , which entered into force on 1 January 2016, for the first time introduces the legal concept of consumer bankruptcy into the legal system. The intention of the legislator was to release honest consumers from those obligations that remain after their assets have been sold and after the proceeds obtained therefrom have been distributed to their creditors. read more...
  • Hungary: VAT rates slashed for newly constructed residential buildings

    On 15 December 2015, the Hungarian Parliament introduced a new act amending the VAT rates currently applied on newly constructed residential real estate. With the start of 2016, the standard VAT rate of 27% will be reduced to 5% for the sale of newly constructed residences. Market experts anticipate a boom on the residential real estate market as a direct consequence. read more...
  • Hungary: Restrictions on use of temporary staff agency workers

    The use of temporary staff agencies and agency workers has increased steadily in Hungary over the past two decades. The legal relationship in this context is usually referred to as 'workforce lending', as it is understood that the agency's assignment of workers to the undertaking that uses them constitutes lending. Although the basic concept of workforce lending and detailed regulations on this tripartite legal relationship were officially adopted in 2001 as part of the harmonisation of Hungarian law with EU law, the concept had actually been in use much earlier. read more...
  • Poland: Letters of consent once again effective in Patent Office proceedings

    In Poland, procedures related to granting protection to international trade mark are regulated by The Industrial Property Law of 30 June 2000 (" IPL "). read more...
  • Poland: Amendments to the Polish Civil Code and Civil Procedure Code Coming into Force in 2016

    In 2016 important amendments to the Civil Code and the Civil Procedure Code in Poland will come into force. Most of the amendments aim to modernise Polish civil law and procedure. Consequently, the new provisions are said to constitute a series of facilitating measures for civil law relations and disputes governed by Polish law.
  • Hungary wants to become creditor-friendly

    The Hungarian Ministry of Justice acknowledged the recent criticism aimed at the difficulties regarding the enforcement of monetary claims in the country and plans to amend the relevant laws to make creditors' lives easier. As currently envisaged, these amendments will in the near future change such fundamental laws as the Civil Code, the act on court enforcement, and the act on insolvency and bankruptcy proceedings. This article provides a summary of the envisaged amendments. read more...