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COVID-19 Legal Update: Building contracts – Allocation of risk according to Austrian Standard ÖNORM B2110

Many construction companies have – as a consequence of legal measures to contain COVID‑19 – suspended construction site operations until further notice. As a practical rule, Austrian Standard ÖNORM B 2110 is regularly agreed for construction contracts.

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COVID-19 Legal Update: State aid aspects

In oder to enable the Member States the compensation of the economic impact of the corona crises, the European Commission has adopted a temporary framework which relaxes State aid rules. Our partner Christian F. Schneider gives an overview of the aid oppertunities resulting therefrom.

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COVID-19 Legal Update: Shareholder Meetings – Corporate COVID 19 Act entered into force

The current situation raises many questions in connection with the holding of shareholders’ meetings, in particular whether and under what circumstances meetings may be held.

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COVID-19 Legal Update: Changes in Insolvency Law

With the 2nd COVID-19 Act passed on 20.03.2020, the National Council amended the rather unknown provision of Section 69 (2a) IO to include the phrase “epidemic, pandemic”. This means that even in the event of an epidemic or pandemic, as is currently the case, the period for filing for insolvency proceedings is now 120 days.

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COVID-19 Legal Update: Key points for members of corporate bodies – management board, executive board and supervisory board members

The impact and response to the COVID 19 pandemic is a challenge for members of corporate bodies. Key issues and actions are outlined below.

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COVID-19 Legal Update: Effects of COVID-19 – Tax relief

In the light of COVID 19 developments, various tax measures are intended to provide support in the event of liquidity bottlenecks.  Furthermore, time limits are to be extended.

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COVID-19 Legal Update: Ad hoc disclosure obligations of listed companies

The economic effects of the COVID 19 pandemic caused depressed stock markets. The crisis and its general economic effects (such as the danger of recession) are clearly no inside information.

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bpv Huegel advised Valneva SE in its successful $85 Million Financing Arrangement with Leading US Healthcare Funds

bpv Huegel advised Valneva Austria GmbH, Vienna, in its debt financing transaction with funds managed by leading US-based healthcare investment firms.

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Support-Info COVID-19 (Corona)

In consideration of the current situation regarding COVID-19 affecting all areas of economic life, companies are currently facing major economic challenges. bpv Huegel provides regular analyses and updates on legal issues related to COVID-19 available under Support Info COVID-19. Please note that an examination and assessment of the facts of the case is necessary and […]

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Office Information

For legal questions and measures relating to Covid-19/Corona and its economic impact and of course all other topics, do not hesitate to reach out to your contacts at bpv Huegel.

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