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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

 

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
  • THE NATIONAL REGULATION ON THE SECURITY OF "NIS" IN AUSTRIA SHOULD BE OF INTEREST TO YOU

    Good things come to those who wait? Finally, the main implementing regulation for the Austrian Law on Network and Information System Security ( Netz- und Informationssystemsicherheitsgesetz , " NISG ") was published last week. It serves primarily to define which companies are actually affected by the NISG. Now it is getting serious for the operators of " essential services ". What does that mean?
    - Dorda
  • "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