CEE and SEE were significantly affected by the financial crisis, most particularly in the real estate lending sector.

While there is now a light at the end of the pandemic tunnel in CEE and SEE, the second quarter of 2021 again brought many changes and challenges in the region's finance sector.

THE "CONTRACTS OF CHOICE" FOR THE WORLD'S MOST HIGH-PROFILE CONSTRUCTION AND INFRASTRUCTURE PROJECTS HAVE BEEN UPDATED

A glance at the website of the Austrian Federal Competition Authority confirms that private equity investors do not always observe competition law. Sanctions for non-compliance with competition law range from fines to ineffectiveness of the complete transaction.

Austrian merger control continues to capture non-full-function joint ventures. Joint ventures covered by merger control are sheltered against parallel assessment under the Austrian rules against anticompetitive agreements (no dual control).

Despite recent rulings by the Court of Justice of the European Union (CJEU) and the Austrian Supreme Court factually invalidating the Austrian prohibition in principle on offering B2C promotional bonuses, companies intending to use this marketing tool may still face obstacles.

The Court of Justice of the European Union has issued landmark rulings clarifying that EU asset-freeze sanctions apply to trust structures based on substantive control rather than formal legal title. When a listed person retains practical influence, economic enjoyment, or realistic pathways to benefit from trust assets...

Austria's breach of trust provision found its way back into the limelight only recently via the prominent criminal proceedings against the former management of LIBRO AG, a leading non-food retailer.

Um die Einhaltung der Menschenrechte und Umweltstandards auch in fernen Ländern zu gewährleisten, wurde das deutsche Lieferkettensorgfaltspflichtengesetz beschlossen.

According to a recent study, one out of four SMEs will be handed over within the next five years, meaning some 79,400 corporate succession challenges in Austria alone.

One of the primary objectives of the reformed Austrian Insolvency Act ("IO"), which entered into force on 1 July 2010, has been to increase the number of successful corporate reorganisations and to facilitate the continuation of business operations during financial crises.

In unserem "to the point" beleuchten unsere Experten für Sie jedes Quartal die aktuelle österreichische Rechtsprechung im Gesellschafts- und Unternehmensrecht.

Transparency International recently released its 2023 Corruption Perceptions Index (CPI). The CPI ranks 180 countries and territories around the globe by their perceived levels of public sector corruption...

Das neue Jahr bringt unter anderem für Banken und Wertpapierfirmen ganz neue Pflichten im Nachhaltigkeitsrecht.

On 1 March 2017 the Austrian Supreme Court (Oberster Gerichtshof) ruled on whether potential claims under the Austrian Commercial Agents Act (Handelsvertretergesetz) can be brought before an Austrian court...

Sowohl national wie auch international gibt es rund um Datenschutz aktuell einiges zu berichten: So hat der OGH vor kurzem entschieden, dass Verbraucherschutzverbände in Österreich datenschutzwidrige Klauseln in AGB im Rahmen von Verbandsklagen aufgreifen dürfen.

Under Austrian tax law, not only the transfer of Austrian real estate, but also the transfer or consolidation of 95% of the shares in a property-owning company, triggers a 0.5 % Austrian real estate transfer tax.

The recent events around FTX are a reminder that any investment requires appropriate due diligence.

The amendments to the Austrian Cartel Act introduce an additional notification threshold, which is based on value of a transaction.

On 28 October 2016, the European Commission decided to establish a High Level Expert Group on sustainable finance, one of the European Commission's primary objectives within the EU Capital Markets Union.