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Taylor Wessing Austria

SCHWARZENBERGPLATZ 7, 1030 VIENNA, AUSTRIA
Tel:
Work +43 1 716 55 0
Fax:
Fax +43 1 716 55 99
Email:
Web:
www.taylorwessing.com

Austria

Banking and finance
Banking and finance - ranked: tier 5

Taylor Wessing Austria

Taylor Wessing Austria¬†assists clients with financing structures pertaining to M&A and private equity transactions alongside regulatory matters. CEE managing partner and team head Claudia Steegm√ľller¬†assisted Barclays with various financing transactions, and advised Norske Skog Bruck on matters pertaining to its group-wide refinancing and debt structuring. Philip Hoflehner¬†is another key individual.

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 5

Taylor Wessing Austria

Taylor Wessing Austria¬†assists clients with the entire corporate life cycle including cross-border transactions, most notably in the CEE and SEE regions, reorganisations, joint ventures and buy-outs. Philip Hoflehner¬†advised Ritchie Bros. Auctioneers and its subsidiary Mascus International on the acquisition of its online business from foreign licensees, and¬†Raimund Cancola¬†and Claudia Steegm√ľller¬†advised Eternit √Ėsterreich on its group reorganisation. Iman Torabia¬†was appointed counsel in January 2018.

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Dispute resolution: commercial litigation
Dispute resolution: commercial litigation - ranked: tier 4

Taylor Wessing Austria

Taylor Wessing Austria focuses on cross-border corporate and commercial litigation alongside contentious IP, unfair competition and trade mark work. In recent work, Martin Prohaska-Marchried represented A1 Telekom Austria in unfair competition proceedings. Wolfgang Kapek jointly heads the team with Dieter Natlacen.

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EU and competition
EU and competition - ranked: tier 3

Taylor Wessing Austria

Taylor Wessing Austria¬†handles dawn raids, penalty proceedings before the Cartel Court and merger control proceedings, among other matters, with particular expertise in the food retail and construction industries. Highlights included practice head Martin Eckel¬†representing BGO, the owner of the two biggest Austrian office furniture producers, before the Austrian competition authorities in merger control proceedings relating to the acquisition of Hali and Svoboda, the third and fourth largest players in the Austrian office furniture market. The team regularly handles merger control filings across the CEE region and also advises clients on competition compliance. Other clients include¬†V√ĖB,¬†Nestl√© and Pernod Ricard. Senior associate David Konrath¬†is also noted.

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Employment
Employment - ranked: tier 4

Taylor Wessing Austria

The team at Taylor Wessing Austria advises on the full range of employment law, covering collective labour law issues such as collective bargaining agreements, redundancies and reorganisations, cross-border employment law issues such as the posting of employees and transfer of undertakings, and questions of employment status, as well as working time, data protection and wage and social dumping. The IT, trade and commerce, and personnel leasing sectors are particular areas of expertise for the team, which is led by Wolfgang Kapek. Clients include Lafarge, Nestlé and Agrana. Brigitte Sammer is also noted.

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Insolvency and corporate recovery
Insolvency and corporate recovery - ranked: tier 3

Taylor Wessing Austria

Advising debtors, shareholders and directors, Taylor Wessing Austria focuses on insolvency administration, particularly involving transnational elements, distressed M&A and insolvency litigation. Team head Susanne Fruhstorfer was appointed as insolvency practitioner on numerous occasions, including for real estate company WienWert Getreidemarkt 10 Immobilienbesitz and Lemos Industrieservice, and represented AGCO in the insolvency proceedings of a major supplier.

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Intellectual property
Intellectual property - ranked: tier 4

Taylor Wessing Austria

Taylor Wessing Austria’s team is active in all areas of contentious and non-contentious IP law in a variety of industry sectors, including furniture, food and technology. Practice co-head Martin Prohaska-Marchried specialises in unfair competition litigation, trade mark, design rights and copyright law. He advised Orange in a complex unfair competition and trade mark violation dispute, which was settled. Prohaska-Marchried also successfully represented Eternit Austria in a case seeking a declaration of invalidity of a community design. Well-known new clients include Continental and Sanpellegrino. Dieter Natlacen is the other co-head.

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Tax
Tax - ranked: tier 4

Taylor Wessing Austria

Taylor Wessing Austria puts significant emphasis on transactional and corporate tax structuring work, which is frequently handled in close co-operation with colleagues from various other departments. Michaela Petritz-Klar's team also handles criminal tax proceedings.

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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
  • 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! ‚Äď 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 BńÉrbulescu 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.