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

Thomas Talos

Tel:
Work +43 1 522 5700
Email:
Brandl & Talos Rechtsanwälte GmbH

Work Department

Partner; Areas of practice: Capital Markets, M&A, Corporate, Gaming & Entertainment.

Position

Thomas is a specialist in capital markets, mergers & acquisitions, corporate law and international gaming law. His most significant recent deals include the acquisition of Helios Domžale d.d. by "Ring" International Holding AG in the first privatization in Slovenia (transaction value: EUR 320 million), Sportradar AG’s strategic investment with Revolution Growth, Mark Cuban and Michael Jordan as well as bwin.party's takeover by GVC Holdings PLC. As the long-standing General Counsel of the (now) bwin.party group, Thomas has advised on all M&A activities and in all strategic partnerships and joint ventures in the company's history. Building on Thomas' experience from the EUR 2.5 billion cross-border merger between bwin and PartyGaming, Thomas published a leading commentary on the Austrian EU-Merger Act, together with Martin Winner, Professor of Law at the University of Economics in Vienna and Chairman of the Austrian Takeover Commission (Verlag Österreich, Vienna 2013, the second edition to be published in spring 2016). He further published the book on the legal and commercial aspects of "Social Gaming in Europe" (LexisNexis, Vienna 2013) and contributed to a commentary on the Austrian Investment Funds Act which is expected to be published in spring 2016.

Career

Partner/Attorney-at-law at Brandl & Talos (since 2000), Attorney-at-law at Hausmaninger Herbst Wietrzyk (1997-2000), Associate at Schönherr Barfuss Torggler & Partner and Dorda Brugger & Jordis (1994-1997).

Languages

German, English.

Member

Vienna Bar Association.

Education

University of Vienna, Faculty of Law (Mag iur 1991; Dr iur 1994), University of Virginia, School of Law J.W. Fulbright Scholarship (LL.M. 1994).


Austria

Capital markets

Within: Capital markets

Brandl & Talos Rechtsanwälte GmbH has regulatory and litigation work at its core and is well equipped to advise clients on bond issuances as well as matters pertaining to crypto currencies and blockchain-based technologies. 'Top governance and compliance specialist' Christopher Schrank, who jointly heads the team with Thomas Talos and Roman Rericha, defended a former board member of an ATX-listed company against allegations of infringement of the Austrian Stock Corporation Act.

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Commercial, corporate and M&A

Within: Commercial, corporate and M&A

Brandl & Talos Rechtsanwälte GmbH's 'very diligent and thoughtful' team has substantial expertise in handling M&A transactions in the gaming sector but is also becoming increasingly active in the stationery and coatings space alongside biotech, real estate and financial services industries. 'Very experienced' main contacts Roman Rericha and Thomas Talos advised Ring International on the sale of its coatings business to Kansai Paint through a structured auction process. Other work includes assisting Apex Ventures with the establishment of a venture capital fund and other venture capital-related matters.

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Dispute resolution: white-collar crime (including fraud)

Within: Dispute resolution: white-collar crime (including fraud)

Brandl & Talos Rechtsanwälte GmbH routinely defends individuals against various white-collar crime accusations such as embezzlement, bribery and breach of trust but also assists companies with criminal proceedings, compliance matters and criminal investigations. Christopher Schrank and Thomas Talos defended a former board member of bwin against allegations of breach of trust and bribery concerning an off-shore money transfer. Volkert Sackmann left the firm in April 2018 to work independently.

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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
  • "BLACK FRIDAY" - NOW FREELY USABLE FOR PROMOTIONS IN AUSTRIA

    Black Friday is unquestionable one of the most profitable and busiest days of the year for retail, particularly online. Worldwide almost all online store do offer sales or special promotions on Black Friday or Cyber Monday. Already after this practice has established online, a trademark for " BLACK FRIDAY " was registered in Germany back in 2013. In 2016 a Chinese company acquired the trademark and then filed in 2017 for its extension to Austria. Based on the registered trademark, it granted exclusive rights to an Austrian company, which licensed usage rights to various partner stores against remuneration. Further, an exclusive " Black Friday-Cooperation Program " was established. Non-partners who used the event name or trademark were prosecuted and requested to either pay a license fee or refrain from running Black Friday promotions. Some followed the request and entered into license agreements. Some, however, did challenge the validity of the trademark. Finally, respective proceedings to check the actual protection of the trademark were initiated. Austrian courts now held that the trademark " BLACK FRIDAY " is not protected in Austria .
    - Dorda
  • 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