The Legal 500

BARTENSTEINGASSE 2, 1010 WIEN, AUSTRIA
Tel:
Work +43 1 409 76 09
Fax:
Fax +43 1 409 76 09 30
Web:
www.schramm-oehler.at
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What we say about the firm's legal practice in Austria

IT and telecommunications

Within IT and telecommunications Other recommended firms

Legal market overview

Within Legal market overview,

The redundancies that have hit Western European firms hard are much less evident in Austria, and many of the larger players are as ambitious as ever, with the economic crisis barely dampening expansionism. CHSH Cerha Hempel Spiegelfeld Hlawati, Wolf Theiss and Schoenherr are still sweeping across the CEE, although the mid-tier firms operating out of the capital still garner their fair share of the mandates on offer. Austria has a large number of smaller players, and the boutiques, such as Fellner Wratzfeld & Partners, Schramm Öhler Rechtsanwälte and Gassauer-Fleissner Rechtsanwälte GmbH still prove to be a very successful model.

Public procurement

Within Public procurement, Schramm Öhler Rechtsanwälte is a first tier firm,

Schramm Öhler Rechtsanwälte is a four-partner boutique with an excellent track record advising state-owned companies on procurement and construction projects, including PPP work. The firm advised the City of Vienna and its Hospital Association on the construction and operation of six new retirement homes with a total value of over €100m. Other key clients include the Medical University of Graz and the Austrian Railways Group. Johannes Schramm, Georg Zellhofer, Matthias Öhler and Gregor Stickler are all highly recommended.

Real estate

Within Real estate Other recommended firms


What we say worldwide

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Austria

Offices in Vienna

Legal Developments in Austria

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Austria: Advantages of Establishing a Company's Headquarters in Austria: Part 1

    Choosing or changing a multinational company's headquarters involves considerations of quality of living and political stability in addition to economic and legal issues. This arti-cle, in two parts, outlines some of the advantages of and basic information about choos-ing Austria for a company’s headquarters. Part 1 is an overview of Austria's social and political background and of some legal forms to consider for a holding company. Part 2 will introduce Austrian tax law and provide additional legal information.
  • Hungary: Why is equity protection ineffective in Hungary?

    The Hungarian Companies Act ("CA") and others have long contained provisions to protect creditors. One provision prohibits a limited liability company from paying dividends to its shareholders if it does not have sufficient funds.
  • Austria: Termination of contracts after initiation of insolvency proceedings

    One of the primary objectives of the reformed Austrian Insolvency Act ("IO"), which entered into force on 1 July 2010, has been to increase the number of successful corporate reorganisations and to facilitate the continuation of business operations during financial crises. After the initiation of insolvency proceedings, the creditors of an insolvent debtor shall not be entitled to revoke or terminate contracts that are essential for continuing the debtor’s business operations.
  • Environment Romania

    Romania
  • Environment Bulgaria

    Bulgaria
  • Environment Austria

    Austria Christian Schmelz and Bernd Rajal - Schönherr Rechtsanwälte GmbH
  • Austria: Mandatory declaration of minimum remuneration in job postings

    The latest amendment of the Austrian Act on Equal Treatment (Gleichbehandlungsgesetz – GlBG; in force since 1 March 2011) sets into force a provision requiring the declaration of minimum remuneration in job postings. As of 1 January 2012, any infringement of this provision may lead to sanctions.
  • The Handbook of Competition Enforcement Agencies 2011

    Neli Nedkova and Dessislava Iordanova - Wolf Theiss In 2010 the activity of the Bulgarian Commission for Protection of Competition (the Commission) showed a trend of increasing focus on compliance shifting slightly from the antitrust area. Proceedings that have started and the most recent decisions show that this trend is likely to continue in 2011.
  • Bulgaria: VAT re gulations on construction right transfers amended

    From 1 January 2012, the transfer of a construction right will be VAT exempt only until the construction permit is issued. The previous regime had allowed the exemption until the completion of the rough construction.
  • Foreign investors face new barrier when acquiring Austrian companies

    On December 8, 2011 an amendment of the Foreign Trade Act 2011 (Außenwirtschaftsgesetz 2011, until then Außenhandelsgesetz 2011, “FTA 2011”) entered into force imposing a substantial new barrier on foreign investors when acquiring shares in Austrian companies that operate in areas of public security and order. This amendment came as a surprise as part of the Budget Consolidation Act 2012 (Budgetbegleitgesetz 2012), governing different topics. The key points of the new barrier for foreign investors are the following: