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Weber & Co. acted as underwriter's and managers' counsel to the managers Erste Group Bank AG (Sole Global Coordinator) and goetzpartners securities Ltd (Co-Lead Manager) on Marinomed Biotech AG's upcoming February 1, 2019 debut on the Vienna Stock Exchange — the first successful IPO in Austria since BAWAG's in 2017. Herbst Kinsky Rechtsanwalte advised Marinomed, with Clifford Chance Frankfurt advising the company on US law aspects of the IPO. The shares are expected to be listed on the Official Market (prime market segment).

While globalization and digitalization have increased the risk of violations that affect thousands of consumers, several EU member states — including Austria — do not yet offer class action lawsuits. The EU Commission has therefore proposed a draft directive to allow representative actions for the protection of collective interests of consumers as part of its “New Deal for Consumers.”

Dorda and the French office of Bird & Bird (acting as local counsel) have advised Cyan AG, an IT security company listed on the Frankfurt Stock Exchange, on an international tender and on its entrance into a group license agreement with French telecommunications provider Orange S.A.

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