WiEReG changes on 10 January 2020: The end of privacy and the need for action in private foundations

20 December 2019

Changes to the Beneficial Owner Register Act (Wirtschaftliche Eigentümer Register Gesetz “WiEReG”) will come into force on 10 January 2020. The most drastic change is the possibility of access to the register for everyone. This is not justified especially in the case of family private foundations and would not be necessary pursuant to the EU directive.

The Osram takeover battle finally accomplished by Austrian ams puts a spotlight on differences between the takeover rules in Austria and Germany

18 December 2019

With the announcement of ams late evening on a Friday at the beginning of December 2019, that the “acceptance threshold for ams’ takeover offer for OSRAM is satisfied”, one of the longest and most controversial takeover battles in the past years brought a happy ending for Austrian ams for the time being.

The new EU directive on the posting of workers – what is changing and what needs to be taken into account

27 November 2019

It will take a little more than half a year for the new EU directive on the posting of workers (2018/957/EU) to be transposed into the national law of the member states.

ISS and Glass Lewis: Updates of the Voting Policies for 2020

20 November 2019

With ISS and Glass Lewis, two of the most influential Proxy Advisers disclosed updates of their Voting Policies regarding Continental Europe for the upcoming season 2020. As expected with focus on board matters as well as executive remuneration (say on pay).

GDPR: Decision of the DPA on the erasure of personal data

14 November 2019

The daily business of a company is simply inconceivable without the processing of data and it is difficult to imagine constellations in which a company does not process personal data.

European Competition Developments, Issue 3 (November 2019)

12 November 2019

Competition never sleeps: For an overview of current events in competition policy and enforcement in the EU, check out our third issue of European Competition Developments for the latest on current events in competition policy and enforcement in Europe put together by our counsel Kajetan Rozga and our associate Raphaela Grünmann.

Current court rulings on energy law

12 November 2019

The German article by Christian F. Schneider provides an overview of  current jurisdictions on Austrian and European electricity and gas law issued since 1.1.2018.

Tenancy Law: The one who commissions the agent has to pay – “Bestellerprinzip” in Austria postponed but not repealed

21 October 2019

To the great relief in the real estate industry, the “Bestellerprinzip” for lease agreements did not yet come before the election, but according to the media, it is far from being off the table.

Taking Videos of Police Operations – An interference with the rights of police officers?

17 October 2019

Our Partner Sonja Dürager, specialised amongst others in IT-law, trademark, copyright, data protection, and unfair competition, wrote an article in German: Taking Videos of Police Operations – An interference with the rights of police officers?

The Legal 500 & The In-House Lawyer Comparative Legal Guide for Merger Control in Austria

9 October 2019

This country-specific Q&A provides an overview to merger control laws and regulations that may occur in Austria. It will cover jurisdictional thresholds, the substantive test, process, remedies, penalties, appeals as well as the author’s view on planned future reforms of the merger control regime.