ArticleTo The Point: Finance | Q1/2023Welcome to our newest edition of Schoenherr's quarterly to the point: finance newsletter (read online)! Every quarter we present a selection of legal developments in finance, corporate finance...European UnionFinance and BankingSchoenherr (Schönherr Rechtsanwälte)
ArticleAustria As Location For CEE Holdings - Why, How, When?As a result of the financial and economic crisis, global foreign direct investment (FDI) has been declining since mid-2008. AustriaCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticleMarket And Legal Update On Green Bonds On The EU And Austrian Level: How To Finance The Energy Transition (Even In Times Of Crisis)The main feature of green bonds is the intention or the commitment to invest the net proceeds of the issue in green projects. Up to date, there is no binding legal framework and therefore...European UnionEnvironmentSchoenherr (Schönherr Rechtsanwälte)
ArticleEU Listing Act - Significant Changes To The Market Abuse RegimeThe EU Listing Act, which is part of the European agenda to make public capital markets in the EU more attractive, was published in the Official Journal of the European Union on 14 November 2024.AustriaFinance and BankingSchoenherr (Schönherr Rechtsanwälte)
ArticleSpotlight On Automotive Industry: Introduction To The Series And FinancingBy outsourcing production of major parts of car components, carmakers have also outsourced a substantial amount of their financing needs and associated risks to their suppliers.AustriaFinance and BankingSchoenherr (Schönherr Rechtsanwälte)
ArticlePrudence Warranted When Issuing Letters of CreditThe plaintiff in Case 1 Ob 38/03z -a banking corporation under Egyptian law with a Jordanian branch (the issuing bank)- has a long-standing business relationship with a Jordanian company. This Jordanian company ordered sanitary equipment from an Austrian company.AustriaCorporate/Commercial LawBinder Grösswang Rechtsanwälte OEG
ArticleNo Standing Without Direct Legal Effect: The Sberbank AppealThe 2008 financial crisis underscored the critical importance of banks to the economy. An efficient process for channelling savings into productive activities is vital for growth and general welfare.AustriaFinance and BankingGanado Advocates
ArticleRestructuring Tools For Companies In Economic CrisisAustrian tax law provides various reorganisation tools for companies in an economic crisis.AustriaCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
Article„Macht Braucht Kontrolle", Und „Gelegenheit Macht Diebe" Erklärt Bettina Knötzl Im Ö1 Mittagsjournal. Sie Fordert Für Krisensituationen Frühe Kontrollen.Der gestern bekannt gewordene Rohbericht des Rechnungshofs kritisiert die für die Verteilung der milliardenschweren CoV-Hilfen zuständige Covid-19-Finanzierungsagentur des Bundes (COFAG), stark.AustriaFinance and BankingKNOETZL HAUGENEDER NETAL Rechtsanwaelte GmbH
ArticleThe EU Capital Markets Union - Mid-Term Review Of The Capital Markets Union Action PlanIn September 2015 the European Commission ("Commission") adopted an action plan on building a capital markets union (the "CMU") (the "CMU Action Plan").European UnionFinance and BankingSchoenherr (Schönherr Rechtsanwälte)
ArticleEntwurf Für Ein Wagniskapitalfondsgesetz – Ein Wesentlicher Schritt Für Die Unternehmensfinanzierung?Lange haben österreichische Venture Capital und Private Equity Fondsmanager auf gesetzliche Verbesserungen der Möglichkeiten zur Strukturierung von Fonds gewartet. AustriaFinance and BankingDORDA Rechtsanwälte GmbH
ArticleWhat Is Fit&Proper? Challenges Under The New Joint Fit&Proper Guidelines Of ESMA And EBAOn 26 September 2017, the European Banking Authority ("EBA") and the European Securities and Markets Authority ("ESMA") published the final report of their joint guidelines on the assessment...European UnionFinance and BankingSchoenherr (Schönherr Rechtsanwälte)
ArticleImplementing The Restructuring Directive In AustriaAustria is gearing up to implement the EU Directive on Restructuring and Insolvency (known as the Restructuring Directive). AustriaInsolvency/Bankruptcy/Re-StructuringTaylor Wessing
ArticleNařízení o odlesňování – strašák (nejenom) potravinářského průmyslu?Jeden z nejdiskutovanějších současných legislativních počinů EU, nařízení o odlesňování (tzv. EUDR), provází od počátku legislativního procesu...AustriaFood, Drugs, Healthcare, Life SciencesSchoenherr (Schönherr Rechtsanwälte)
ArticleNew Consumer Law And Consumer Credit Provisions In 2026 - Key Amendments And Practical ImplicationsAustria has enacted significant reforms to consumer protection law, introducing stricter requirements for retail lending and distance contracts.AustriaConsumer ProtectionKinstellar
ArticleTo The Point: Financial Regulation | 10/2024ESAs have published their Final Report on the draft implementing technical standards (ITS) for the European Single Access Point (ESAP)...European UnionFinance and BankingSchoenherr (Schönherr Rechtsanwälte)
ArticleDeFi: Cryptoasset Buffet (re)opens For BusinessIf cryptocurrencies aimed to disrupt payments and initial coin offerings (ICOs) did the same for venture capital, the latest crypto-craze goes after the core banking business: lending and deposit taking.European UnionTechnologySchoenherr (Schönherr Rechtsanwälte)
ArticleTo The Point: Financial Regulation L 06/2023Welcome to our to the point newsletter. Every month we look back at the most relevant developments in the area of financial regulation in the CEE region.European UnionFinance and BankingSchoenherr (Schönherr Rechtsanwälte)