Wolf Theiss has signed the Beijing Declaration to cooperate with China's Belt & Road Connection think tank to support Chinese Investments in Austria and its CEE/SEE neighbours. The Belt & Road declaration was signed on April 25, 2019 and describes the cooperation principles regarding infrastructure investment and dispute settlements. It coordinates Chinese investments along the Belt & Road from Poland to Ukraine and Albania.
Deloitte Legal and Jank Weiler Operenyi, the Austrian member of the Deloitte Legal Network, have advised T-Mobile group on the post-merger integration of the UPC group.
EU Regulation 2017/460 (16 March 2017) has established a network code on harmonised transmission tariff structures (TAR NC). It defines, among other provisions, rules on reference price methodologies, publication and consultation requirements and the calculation of reserve prices for standardised-capacity products. Articles 26 and 28 require the national regulatory authority (NRA) or transmission system operators to carry out one or more consultations on the proposed reference price methodology and the resulting indicative reference prices as well as on the proposed discounts, multipliers and seasonal factors.
Scandals from Danske Bank to LuxLeaks and the Panama Papers would never have come to light were it not for insiders who dared to expose major wrongdoings within companies and organisations. Until recently, protection of whistleblowers in the EU has been fragmented across Member States and even across policy areas. The meagre protections granted to whistleblowers have been subject to constant criticism.
Dorda has advised Warburg HIH Invest Real Estate on the acquisition of the HBF 1 office property at the Vienna Central Railway Station from the Rhomberg Group.
SCWP Schindhelm has promoted lawyers Roland Heinrich and Alice Meissner to the firm's partnership.
Act Legal Austria has assisted the BABEG Carinthian Agency for Investment Promotion and Public Shareholding in the legal structuring of its cooperation with mobile operator A1 for the opening of Austria’s first “5G Playground” at the Lakeside Science and Technology Park in the Carinthia region of Austria that is scheduled to open this September.
CMS lawyers Andrea Potz in Austria, Jelena Nushol in Croatia, Marek Oleksyn and Lukasz Dynysiuk in Poland, Petra Corba Stark and Michal Hutan in Slovakia, and Tetyana Dovgan in Ukraine have been promoted to the firm's partnership as part of its 2019 global promotion round.
Dorda has advised Swiss milk processor EMMI AG on the acquisition of a 66% stake in Leeb Biomilch GmbH and its affiliate company Hale GmbH, the Austrian suppliers of organic goat milk and sheep milk products, from shareholders Hubert Leeb and Jorg Hackenbuchner. Hasch & Partner advised Leeb Biomilch GmbH.
Social Media is omnipresent these days and individuals as well as companies increasingly use these instruments as communication and marketing tools. Moreover, the development of Social Media platforms, like interactive online rating and comparison platforms, is also of interest for the start-up sector. However, this increasing importance of Social Media also raises questions about the liability for the published content and legal remedies to protect and enforce affected legal positions.
BPV Huegel has advised ISS on its acquisition of Austrian business catering company JH Catering.
Wolf Theiss has advised Japan's Takeda Group on its April 3, 2019 acquisition of plasma donation center Plasmapunk Favoriten and Donaustadt.
CMS, working with Denmark's Bech Bruun law firm, has advised ALPLA on its entrance into a joint venture in Denmark with BillerudKorsnas to develop the fully biobased and recyclable paper bottle company ecoXpac. BillerudKorsnas was advised by Accura and Cederquist.
Schoenherr has established a dedicated firm-wide Consumer Protection group, led by Partner Wolfgang Tichy.
Wolf Theiss has advised Volksbank Wien AG on its March 4, 2019 placement of EUR 500 million covered bonds and the April 9, 2019 EUR 200 million additional tier 1 notes.
Eversheds Sutherland has advised Omicron Electronics GmbH on the acquisition of b2 Electronic GmbH from sellers Stefan Baldauf, Rudi Blank, and Maybridge Investments. Binder Groesswang advised the sellers on the deal, which closed at the end of March.
CMS has advised euNetworks Group Limited on the acquisition of the 100% of shares in Onstage Online GmbH in Austria. Baier Partners advised the sellers on the deal.
The Austrian Supreme Court has abolished its former line of decisions on the recognition of collateral granted by way of security transfer (Sicherungsübereignung) under foreign jurisdiction. From now on, Austrian courts will have to recognise such collateral even if it does not comply with Austrian publicity requirements (Pubilzitätserfordernissen). This decision will enhance legal security and the overall position of creditors in an international context.