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FLEISCHMARKT 1, 1010 VIENNA, AUSTRIA
Tel:
Work +43 1 512 03 53
Fax:
Fax +43 1 512 03 53 40
Email:
Web:
www.vhm-law.at
Salzburg, Vienna

Philipp Strasser

Tel:
Work +43 1 512 03 53
Email:
Web:
www.vhm-law.at
Vavrovsky Heine Marth Rechtsanwälte

Work Department

Dispute Resolution; Insurance & Reinsurance; Corporate & Finance; Corporate Compliance; White Collar Crime

Position

Philipp Strasser enjoys an impeccable reputation as one of the leading insurance litigators in Austria. His expertise covers every conceivable area of insurance law including reinsurance, corporate liability issues, product and public liability and property insurance. His breadth of niche expertise in specialist insurance areas such as professional liability, errors and omissions (E&O) and director and officer (D&O) is rarely found in Austria.

Apart from insurance, Philipp is recognized for his expertise in contract and tort disputes, as well as post-M&A, restructuring and shareholder disputes.

Through his work, Philipp has been shaping the Austrian insurance law landscape and he continues to leave his imprint through the high-profile cases he is put in charge of by some of the largest insurers in the world.

Career

Partner at Vavrovsky Heine Marth Rechtsanwälte (since 2017); Attorney at Law at GLTP - Gassner Lenz Thewanger + Partner (2013 - 2014); Attorney at Law at Herbst Kinsky Rechtsanwälte (2008 - 2013)

Languages

German, English

Member

Austrian Bar Association; Austrian Arbitration Association (Arb|Aut); The Insurance and Reinsurance Arbitration Society (ARIAS)

Education

University of Innsbruck (Mag.iur.); Corporate Compliance Officer according to Austrian Standard


Austria

Dispute resolution: commercial litigation

Within: Dispute resolution: commercial litigation

The 'very responsive' team at Vavrovsky Heine Marth Rechtsanwälte is 'young and dynamic and yet very experienced'. It is 'very market savvy' and delivers 'high-quality work in a timely manner'. 'Remarkable trial lawyer' Dieter Heine 'provides excellent advice with economic consequences in mind' and frequently acts in IP, IT and media law disputes, while the 'reliable and strategic' Philipp Strasser is 'an excellent insurance litigator, who is always on top of the facts and connects the dots quickly'. Nikolaus Vavrovsky, who focuses on real estate, construction and infrastructure-related work, is another key contact.

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IHL Briefings

If your firm wishes to publish IHL Briefings or articles, please contact Antony Dine on +44 (0) 207 396 9315 or antony.dine@legalease.co.uk

 

Austria: Insurance & Reinsurance

March 2017. By Philipp Strasser, Partner

This country-specific Q&A gives a pragmatic overview of the law and practice of insurance & reinsurance law in the  Austria . It addresses topics such as  contract regulation, licensing, penalties, policyholder protection, alternative dispute resolution  as well as personal insight and opinion as to the future of the insurance market over the next five years. This Q&A is part of the global guide to Insurance & Reinsurance. [Continue Reading]

IHL Briefings

If your firm wishes to publish IHL Briefings or articles, please contact Antony Dine on +44 (0) 207 396 9315 or antony.dine@legalease.co.uk

 

Insurability of GDPR Fines in Austria Yet another Moral Hazard Debate?

September 2018. By Philipp Strasser

The European Union’s new data protection regime – the General Data Protection Regulation (EU) 2016/679 ("GDPR"), which replaced its 20-year-old predecessor – attracted international attention even beyond the EU’s borders in recent months. In fact, few other instruments of secondary European Union law have been more widely received and discussed than the GDPR. The reasons behind this increased public interest for this regulation are manifold. [Continue Reading]

Liabilities of Directors and Officers in Austria - Introduction and Risk Mitigation through D&O Insu

December 2017. By Philipp Strasser

Austrian law regards directors and officers as fiduciaries of their respective company (or rather: its shareholders). This is because, as a basic principle, executives do not usually manage their own assets but rather assets belonging to third parties. [Continue Reading]

Warranties and Indemnities (W&I) Insurance in Austria

August 2017. By Philipp Strasser

While Warranties and Indemnities Insurance (“W&I Insurance”) has long since been anchored in Anglo-American transactional practice, this type of insurance has only recently gained importance in continental Europe and, in particular, on the Austrian market. [Continue Reading]

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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
  • AUSTRIA: ANONYMISATION ACCEPTED AS VALID DATA DELETION METHOD

    On 5th December 2018, the Austrian data protection authority ( Datenschutzbehörde , "DSB") issued a decision (DSB-D123.270/0009-DSB/2018) on data subject's right to data deletion according to Art 17 GDPR. In a nutshell, the DSB accepted consistent anonymisation as a valid alternative to physical and technical deletion. Beside the clear statement that anonymous data is not subject to the GDPR, the DSB provided detailed information on (technical) requirements of anonymisation methods:
    - Dorda
  • Consent or pay – a valid scheme under the GDPR?

    Media companies throughout Europe struggle with a difficult economic environment: Shrinking sales figures for print products, the digitalisation and consumer demand force publishers to offer their content also on the internet. However, generating money for online publications is not quite easy as – at least in Austria – online subscription against renumeration has not been well accepted by customers. This partially has its root in the lack of suitable micropayment means in the past and users thus getting acquainted to online information being offered for free. Thus, publishers have instead focused on financing their platforms by online marketing activities such as placement of banners. Nowadays such digital advertisement is usually targeted to the specific user. For this purpose, cookies are stored on the user's computer upon his first visit of the website, which then collect data about his location, technical equipment used and online behaviour. This finally allows to display specific, user targeted advertisements. However, such cookies may cause issues with applicable consent requirements under the telecommunication and data protection regulations:
    - Dorda
  • fwp expands know-how thanks to new junior partner

    Vienna, March 2019. Fellner Wratzfeld & Partner GmbH (fwp) adds valuable competence and expertise to the team by welcoming Pavel Bachleda in its midst as a new attorney-at-law and junior partner.
  • fwp helps find a new mega arena location

    fwp helps find a new mega arena location
  • AUSTRIAN DATA PROTECTION AUTHORITY ISSUED THE "BLACK LIST"

    Processing operations subject to the requirement of a data protection impact assessment.
    - Dorda
  • Rien ne va plus!

     
    - Dorda
  • DORDA advises on the acquisition of Austrian office properties Denk Drei

    Stefan Artner , Partner and Head of the Real Estate Practice Group, and real estate attorney Klaus Pfeiffer of DORDA advised Austrian Real Estate Development GmbH ( ARE , a subsidiary of Bundesimmobilien-Gesellschaft, the Austrian privatization agency) on the acquisition of the Denk Drei office properties from IC Development . The successful closing of the forward purchase transaction took place on April 30, 2018. The parties have agreed not to disclose the purchase price.
    - Dorda
  • Austrian "White List"

    Exceptions from the OBLIGATION TO CARRY OUT A data protection impact assessment
    - Dorda
  • 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.