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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
Vavrovsky Heine Marth Rechtsanwälte, Mag Philipp Strasser, Vienna, AUSTRIA

Mag Philipp Strasser

Tel:
Work +43 1 512 03 53
Email:
Vavrovsky Heine Marth Rechtsanwälte

Work Department

Controversy: Insurance; Conflict Prevention; Dispute Resolution; Corporate & Finance; Corporate Compliance; White Collar Crime

Position

Philipp Strasser is a partner at Vavrovsky Heine Marth. As one of the most seasoned insurance law specialists in Austria, he heads the Insurance Litigation Practice in the firm’s Controversy Department. He is recommended by several respected international legal directories as one of Austria's leading experts in dispute resolution.

In addition to his renowned expertise in (re-)insurance law and insurance litigation, Philipp Strasser has long-standing experience in resolving conflicts relating to general tort law, construction law, and banking and securities law. He furthermore focuses on counseling clients in post-M&A, restructuring, shareholder and liabilities/coverage disputes, as well as advising on (re-)insurance law, corporate law and business liability issues. Philipp Strasser is certified as Corporate Compliance Officer according to the Austrian Standard.

He advises Austrian and international insurers, inter alia regarding financial lines/specialty lines (D&O, E&O, PI, POSI, W&I/TRI, etc.), product and public liability, vehicle liability as well as property insurance.

Career

Before joining Vavrovsky Heine Marth as partner in 2014 Philipp Strasser worked in several specialized law firms.

Languages

German, English

Member

Austrian Bar Association; Insurance and Reinsurance Arbitration Society (ARIAS)

Education

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

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
  • 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.
  • 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.
  • Serbian Competition Authority Steps Up Antritrust Enforcement

    The Serbian Commission for Protection of Competition (the " Commissio n") recently intensified its antitrust activities before the new Administrative Act came into effect. In one week alone the Commission initiated four antitrust cases and conducted two dawn raids. 1. What/who will be on the Commission's radar?
  • First Annual Privacy Shield Review to take place in September 2017

    One of the core principles of the EU-US Privacy Shield (" Privacy Shield ") is its Joint Review mechanism, which obliges the European Commission, the US Department of Commerce and the Federal Trade Commission to jointly review the functioning of the Privacy Shield on an annual basis, together with its national security and law enforcement aspects. The very first Joint Review is scheduled for September 2017. This first review is considered especially important, as it will be the first opportunity for US and EU regulators to closely analyse the operation of the Privacy Shield, address possible concerns about its functioning, and seek to ensure that the Privacy Shield continues to be a valid legal basis for transfers of personal data from the EU to the US.
  • The role of the supervisory board in investor relations

    1.Abstract
    - Dorda