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Newsletter

NEWSLETTER 01-2025: DEPOSIT GUARANTEE – SOLIDARITY LIABILITY OF THE INDIRECT SHAREHOLDER

In a new decision, the Austrian Supreme Court of Justice has ruled for the first time that in the event of a prohibited repayment..

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NEWSLETTER 06-2024: FROM ASSOCIATION TO COOPERATIVE – NEW OPPORTUNITIES AND CHANGES THROUGH THE COOPERATIVE LAW AMENDMENT ACT 2024

At the beginning of 2025, the 2024 Cooperative Societies Amendment Act (Genossenschaftsrechts-Änderungsgesetz 2024, GenRÄG 2024..

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NEWSLETTER 05-2024: TRANSFER OF PROPERTY AND SHARES

With this overview, we would like to provide practical assistance on how to still be able to organize handovers promptly while..

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NEWSLETTER 04-2024: REDUCING THE BARRIERS TO THE BUSINESS TRANSFER TO THE NEXT GENERATION

More than 99% of the domestic economy consists of small and medium-sized enterprises, including around 150,000 family businesses...

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NEWSLETTER 03-2024: CYBER SECURITY – HIGH REQUIREMENTS THROUGH THE NIS-2 DIRECTIVE

From October 18, 2024, all Austrian companies will probably have to comply with the updated federal law to ensure a high level of..

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NEWSLETTER 02-2024: REGISTRATION FEES FOR LAND REGISTRIES AND LIENS SUSPENDED

The National Council recently decided to suspend the registration fees for land registry and liens up to an assessment basis of..

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NEWSLETTER 01-2024: 2023 Corporate Digitalization Act – Corporate Law Digitalization Act 2023

Corporate Digitalization Act 2023 – “Disqualification Criteria” for managing directors and changes to the company register..

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NEWSLETTER 10-2023: ORGAN ORDER IN THE PRIVATE FOUNDATION

The rules for appointing officers to a private foundation are generally standardized in the foundation charter and, if necessary,..

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NEWSLETTER 09-2023: RIGHT TO MANDATORY REDUCTION THROUGH PASSIVE BEHAVIOR WHEN CONTACTING?

According to the legal provisions, a testator loses the possibility of reducing the compulsory portion if he has avoided contact..

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NEWSLETTER 08-2023: ON OBJECTIVE CONTRACT INTERPRETATION IN PARTNERSHIPS

Basically, association agreements of partnerships are to be interpreted in accordance with the will of the parties joining..

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NEWSLETTER 07-2023: CLEARANCE COMPARISONS ON STOCK – OGH TAKES A POSITION

The Supreme Court has decided in a current case that if there is an unlimited tenancy it is not permissible to conclude an..

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NEWSLETTER 06-2023: FLEXCO – THE NEW COMPANY FORM

Austria is introducing an innovative corporate form to promote start-ups and young companies – the FlexCo. According to the..

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NEWSLETTER 05-2023: VIRTUAL SHAREHOLDER MEETINGS AFTER THE END OF THE COVID LEGISLATION

As part of the COVID legislation, it was temporarily possible to hold shareholder meetings virtually. At the end of April 2023, a..

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NEWSLETTER 04-2023: UPDATE: WHISTLEBLER PROTECTION ACT IN EFFECT

In our newsletter from November 23rd, 2022, we already informed about the first draft of the Whistleblower Protection..

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NEWSLETTER 03-2023: BAD CONSEQUENCES OF “ADVERSE” TERMS AND CONDITIONS (GTC)

The ECJ has ruled in a case involving an Austrian company that a consumer who has placed a binding order does not have to pay..

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NEWSLETTER 02-2023: FUNDING FOR BRAND REGISTRATIONS: SME FUND 2023

The new edition of the SME fund is here! Since January 23rd This year, funding for trademark and design registrations can be..

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NEWSLETTER 01-2023: VWGH: RESTRICTION ON THE TRANSFER OF HIDDEN RESERVES FROM SALES OF INVESTMENTS

A current decision by the Administrative Court restricts the possibility of the transfer of hidden reserves in the event of share..

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