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  • Article

    Significant Changes To Austrian Competition Law

    The amendments to the Austrian Cartel Act introduce an additional notification threshold, which is based on value of a transaction.
    European UnionAntitrust/Competition Law
    Van Bael & Bellis
    Van Bael & Bellis
  • Article

    The EU Capital Market Union - European Commission Establishes Expert Group To Develop Strategy On Sustainable Finance

    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.
    European UnionFinance and Banking
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    New Rules For Digital Content & Sale Of Goods (Legal Insight 1 In A Series Of 5)

    Over the next ten weeks our technology & digitalisation team is going to be looking at two new Directives.
    AustriaConsumer Protection
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Recent Supreme Court Ruling Leaves Many Questions Re. 'Hidden Contributions In Kind' Open

    The Austrian Supreme Court considered the validity of the payment of a cash consideration to a public LLC in the course of an increase of its stated capital.
    AustriaCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Update zum WiEReG

    Die gesetzliche Frist für die erstmalige Meldung zum Wirtschaftliche Eigentümer Register ist am 1.6.2018 abgelaufen.
    AustriaCorporate/Commercial Law
    Wolf Theiss
    Wolf Theiss
  • Article

    Convertible Loans For Austrian Start-Ups

    A convertible loan is a popular investment means to finance a start-up. Austrian law, however, does not foresee convertible loans for the most popular corporate form of Austrian start-ups...
    AustriaCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Austrian Limited: A New Type Of Corporation For Start-ups In Austria

    Currently, the Ministries of Economic Affairs and Justice are still in the process of coordinating the draft legislation, but the first details have been announced.
    AustriaCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Covid-19 Crises Shutdown Mergers Expected

    After explaining their economic models, the AFCA sets out their tests and criteria for approving shutdown mergers.
    AustriaCorporate/Commercial Law
    Preslmayr Rechtsanwälte OG
    Preslmayr Rechtsanwälte OG
  • Article

    LEGAL SUSTAINABILITY CHECK: Ihr Kompass Durch Den ESG-Dschungel

    Das Nachhaltigkeitsrecht ist das aktuell am schnellsten wachsende Rechtsgebiet. Europäische und nationale Gesetzgeber überschlagen sich entlang der drei ESG-Achsen laufend mit neuen Gesetzen, Entwürfen und Richtlinien.
    AustriaCorporate/Commercial Law
    DORDA Rechtsanwälte GmbH
    DORDA Rechtsanwälte GmbH
  • Article

    New EU Regulation - The End Of Geo-blocking When Shopping Online

    A new EU Regulation, which will take effect on 3 December 2018, provides for borderless online shopping.
    AustriaCorporate/Commercial Law
    Wolf Theiss
    Wolf Theiss
  • Article

    New Federal Electronic Announcement And Information Platform

    The mandatory fee-based publication in the print medium of the Official Journal of the Wiener Zeitung (Amtsblatt der Wiener Zeitung) ("Official Journal") is going to be replaced...
    AustriaCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    New Merger Filing Form In Austria

    The Austrian Federal Competition Authority (FCA) has published a new and more detailed form for merger filings, which shows quite significant changes from the earlier version.
    AustriaCorporate/Commercial Law
    Preslmayr Rechtsanwälte OG
    Preslmayr Rechtsanwälte OG
  • Article

    The Legal Effects Of The Approval Of Management And Supervisory Board Members’ Actions

    Is the approval of board member actions an effective relief from liability or a mere formality?
    AustriaCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    To The Point: Gesellschafts- und Unternehmensrecht Q1/2020 | Österreich

    Begünstigte sind im Genehmigungsverfahren nach § 33 Abs 2 PSG nicht stets rekurslegitimiert, wenn sie sich auf Auflösungsgründe berufen.
    AustriaCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    An About Face In Austria: The Outlook For The Leniency Regime In Criminal Proceedings In 2011

    The success of a new leniency regime, as provided for in the Austrian Criminal Code as of 1 January 2011, will depend on whether it gives the whistleblower sufficient incentives to present themselves to the public prosecutor, and whether the regulation offers a high level of predictability for those involved in the case.
    AustriaCriminal Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Commercial Agent's Trial For Trial Period Compensation

    Earlier this year, the ECJ ruled that commercial agents are generally entitled to compensation, even if the distribution agreement was terminated during a trial period.
    AustriaEmployment and HR
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Corruptive Behavior In Public Procurement Procedures As A Deal Breaker For Mergers And Acquisitions Transactions?

    In light of the economic significance of public procurement and the respective volume of public expenditure in Europe (public sector spending accounts for approximately 20% of EU GDP) it is a well-established and unsurprising fact that public procurement proceedings are particularly vulnerable to corruption.
    AustriaGovernment, Public Sector
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Increased Due Diligence Obligations For Shareholder Creditors?

    The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor's material insolvency.
    AustriaInsolvency/Bankruptcy/Re-Structuring
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Pre-Emptive Rights On Shares Unenforceable In Insolvency Proceedings?

    Shareholders of Austrian limited liability companies usually want to have influence over whom they are associated with.
    AustriaInsolvency/Bankruptcy/Re-Structuring
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Share Purchase Rights In Austrian Insolvency Proceedings

    Shareholders of Austrian limited liability companies ("GmbH") often stipulate the right to purchase the shares of co-shareholders in certain events.
    AustriaInsolvency/Bankruptcy/Re-Structuring
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)

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