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MARIAHILFER STRASSE 116, 1070 VIENNA, AUSTRIA
Tel:
Work +43 1 522 57 00
Email:
Web:
www.btp.at

CLIENT: Principal at a Private Equity Firm
COMPANY/FIRM: A European Private Equity Firm
TESTIMONIAL: Brandl & Talos was our first choice due to the unique combination of transactional experience and in-depth expertise in the Gaming sector. We knew by reputation, and later saw on practice, a team that is able to work on a complex cross-border acquisition, stay on top of important regulatory matters across numerous jurisdictions, and provide competent advice on both AML/Compliance and Social Responsibility/Governance matters. They were also a reliable ally in obtaining bank funding. The team led by Thomas Talos combines boutique-level expertise in the Gaming sector with the competence and quality of an international corporate law firm.

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CLIENT: Head of Compliance and Regulatory Affairs
COMPANY/FIRM: A Gaming Multinational
TESTIMONIAL: The firm's display of in-depth knowledge of Austrian and European gaming law, the high level of skill and impeccably professional work results have us regularly coming back to Brandl & Talos in the matters, amongst others, of cross-border issues and obtaining licenses in regulated markets. Brandl & Talos are capable of combining their detailed understanding of gaming laws from various jurisdictions, including EU law, with a strong practical business sense.

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CLIENT: Managing Partner
COMPANY/FIRM: A European VC Fund
TESTIMONIAL: BTP is a firm of many talents. We have been collaborating with Roman Rericha and his team for several years and on a range of projects. From the structuring of a new EuVECA VC fund, to corporate law support, from the fund FMA registration and AML compliance, to advice on new investments. Roman is all-around competent when it comes to financing rounds, with good contacts among the best and biggest international PE players, plenty of experience in the European startup scene, and knows the corporate and regulatory ins and outs of the deep-tech and innovative companies.

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CLIENT: Chairman of the Supervisory Board
COMPANY/FIRM: Holding Company – Coatings and Industrial Elements
TESTIMONIAL: Brandl & Talos were our lead legal counsel in an international acquisition. The project targeted a large mechanical manufacturer with an extensive international network of subsidiaries, which we acquired during its insolvency proceedings. As such, the project concerned multiple cross-border legal issues, a complex network of jurisdictions, corporate, regulatory and financial matters – all of which the firm handled brilliantly, to the highest standard, with meticulous attention. We have been working with Thomas Talos, Roman Rericha and their team for many years and are as always pleased with the results.

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CLIENT: Member of the Management Board
COMPANY/FIRM: A Bank
TESTIMONIAL: The firm's ability to converge legal expertise in various fields such as banking, capital markets law and litigation together with a broad understanding of the market, as well as their quick and straightforward approach to problems makes this firm's work exceptional. We particularly enjoy the high quality of Dr. Ernst Brandl's legal advice and his team's ability to provide a great result within a very short time, also under tight deadlines and pressure.

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CLIENT: Individuals Accused of Trading Fraud
COMPANY/FIRM: A Trading Platform
TESTIMONIAL: My partners and I were falsely accused of fraud. Brandl & Talos were able to get us out of focus of the investigation and prove that we were not involved. What impressed me most of Dr. Schrank is his thorough knowledge and experience in every aspect of economic law. I think, his main strength is the combination of profound legal knowledge with excellent connections to the officials, attorneys, universities and other important sources, which enabled his team to get important information, which other lawyers wouldn't get. I can describe the firm in short words: "Empathy and support in every aspect".

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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.