421 results found

Even if the original version of the Council Directive 93/13/EEC on unfair terms in consumer contracts has been in force since 16 April 1993

The fight against corruption has intensified over the past few years in Austria, highlighting the importance of corporate compliance.

Eine rezente Entscheidung des OGH (8 ObA 109/20t) befasst sich mit der Haftung eines Geschäftsführers für den finanziellen Schaden, der durch einen „Fake President Fraud" verursacht wurde.

Since the 1999 Austrian Takeover Act came into force there have been 31 public offers in Austria including 13 mandatory offers and 18 voluntary offers, seven of which were so-called anticipatory mandatory offers.

A study of 1,700+ banks from 63 countries, conducted by AIM Software, the Vienna University of Economics and sponsored by Reuters, has revealed that improving data quality is regarded as a key issue for risk management - and that regulatory requirements including Basel II and Sarbanes-Oxley are driving substantial investments in IT.

The rise in foreign investment in Moldova and joint projects with local investors means that supervisory boards must often be instituted in Moldovan joint-stock companies (JSC). This leads to effective and operative control over the company's management.

Cross border structuring, group expansion and corporate maintenance in the DACH region are often slowed not by substantive law, nor by commercial appetite...

2016 has seen a surprising level of deal activity in the (private) Austrian hospital sector: in Vienna, PremiQaMed, a 100 % subsidiary of UNIQA insurance group, acquired a 75 % stake in the renowned private hospital "Goldenes Kreuz", and the hospitals Hartmannspital and St. Elisabeth announced a merger to form the new "Franziskus" hospital.

Kritiker der Frauenquote warnen vor einer Flucht von der Börse und anderen Ausweichmanövern. Doch betroffen sind weniger als 100 Großunternehmen.

Some things never change, do they? In fact, they do. The 2009 Stock Corporation Amendment Act (Aktienrechtsänderungsgesetz; AktRÄG) has not only implemented a number of important changes to the provisions of the Stock Corporation Act (Aktiengesetz; AktG) governing shareholders’ meetings of Austrian Stock Corporations.

The last few months were dominated by out of control stock markets and a previously unseen liquidity crunch.

On 16 December 2016, the Council of the European Union announced agreement on its negotiating stance in relation to the proposed regulation amending the European Venture Capital Funds ("EuVECA") Regulation ...

Pursuant to Sec 76 of the Austrian Act on Limited Liability Companies (GmbHG), agreements on a transfer of shares in a GmbH must be drawn up in the form of an Austrian notarial deed.

Als klassisches Brückenland zwischen Ost und West könnte Österreich dank des hohen internationalen Ansehens der Justiz als effizient und unabhängig einen bevorzugten Gerichtsstandort für internationale...

As part of its 2025 tax reform, Austria has introduced new rules for the real estate transfer tax (GrESt) in cases of shareholder changes.

According to new tendencies of prosecution authorities, the practical scope of the VbVG could expand in the future.

The Council has adopted its position on the EU Pharmaceutical Package at first reading, with legally and linguistically revised texts now available. While the main elements of the political compromise remain intact, several clarifications warrant attention as companies refine their implementation plans and the legislative process continues toward completion.

Mediation has established an increasingly relevant position for itself when it comes to resolving (international) commercial disputes quickly, cost-efficiently, and successfully.