Quido Gero has been made a Junior Partner at Fellner Wratzfeld & Partner.
Pursuant to Article 186 of the EU Solvency II Directive (2009/138/EC), EU member states must grant life insurance policyholders a 14 to 30-day period to cancel their contract from the time when the policyholders were informed that the contract was concluded.
Former Fiebinger Polak & Partner lawyer Pavel Bachleda has joined Fellner Wratzfeld as a Junior Partner.
Baker McKenzie has advised France's Compagnie des Alpes on its purchase of all shares in M. Muller GmbH, the operator of the Familypark amusement park in Austria. Jank Weiler Operenyi advised the sellers.
Schoenherr provided Austrian advice and Hengeler Mueller was lead counsel to private equity group Bain Capital on its sale of a 32% stake in the Wittur Group to an investment company of the Canadian Public Sector Pension Investment Board.
Fellner Wratzfeld & Partner has advised a syndicate of banks consisting of Erste Bank der oesterreichischen Sparkassen AG, Raiffeisenlandesbank Oberosterreich AG, Raiffeisen Bank International AG, and UniCredit Bank Austria on financing and a consequent takeover of Waagner Biro Bridge Systems AG by a group of investors.
Brandl & Talos has assisted Wolftank-Adisa Holding AG be listed on a new segment of the Vienna Stock Exchange.
Cerha Hempel Spiegelfeld Hlawati, Addleshaw Goddard, and Portugal's Morais Leitao, Galvao Teles, Soares da Silva & Associados have advised Value One Holding AG on its joint venture with Nuveen Real Estate to invest EUR 600 million on the development of purpose-built student accommodations in Portugal and Austria. Linklaters reportedly advised Nuveen Real Estate on the deal.
Schoenherr has successfully advised the Vienna International Airport and the province of Lower Austria on the successful application for permission to construct a third runway at the Vienna International Airport.
Vienna's Herbst Kinsky has promoted Philipp Baubin and Stephan Lenzhofer to the firm's equity partnership.
Fellner Wratzfeld & Partner has advised Oesterreichische Kontrollbank AG on the acquisition of around 70% of Osterreichische Hotel-und Tourismusbank Gesellschaft m.b.H from UniCredit Bank Austria AG and Erste Bank der Oesterreichischen Sparkassen AG. Schoenherr advised UniCredit Bank and Erste Bank on the sale.
Dorda has advised Odeon Cinemas Group on the sale of its three Austrian UCI cinemas. Constantin Film-Holding GmbH acted as buyer of UCI Kinowelt and was advised by Wolf Theiss.
Schoenherr, working with lead counsel Hengeler Mueller and Belgium's Bredin Prat, China's JunHe, Mexico's Galicia Abogados, and Wuersch & Gering in New York, has advised Sweden's Ericsson on its acquisition of Germany's Kathrein SE's antenna and filters division. Noerr and Ziems & Partner acted as lead counsel to Kathrein, assisted by, among others, Eisenberger & Herzog, Freshfields Bruckhaus Deringer, Allen & Overy, and Gleiss Lutz.
“On the business side,” says Freshfields Bruckhaus Deringer Partner Friedrich Jergitsch, when asked what’s happening in Austria, "people are interested in artificial intelligence, data protection, and cyber-issues. These topics are always important to our clients.” Jergitsch says that data protection responsibilities and concerns “reach far beyond the GDPR.” He explains that “it’s an enormous subject in M&A, and M&A-related due diligence, because a lot of the M&A work involves clients purchasing data companies or cyber companies, and of course it’s a common post-M&A dispute topic, as well as a contractual topic, including in finance transactions.”
Dorda and Latham & Watkins have advised private equity fund Triton and ADIA — a wholly-owned subsidiary of the Abu Dhabi Investment Authority — on the acquisition of 100% of IFCO, a unit of Australian Securities Exchange-listed Brambles Limited. Brambles Limited was reportedly advised by Linklaters and Eisenberger & Herzog.
Baker McKenzie has advised the Delachaux Group, which it describes as "the world market leader in rail infrastructure technology," on its acquisition of a majority stake in Upper Austria's Frauscher Sensortechnik from the Greenbriar private equity fund. Kirlkand & Ellis advised the sellers on the deal, which closed on February 28, 2019. Financial details were not disclosed.
Schoenherr has advised Toyota Motor Europe on the acquisition of Austrian marketing and sales company Toyota Frey Austria from the Frey Holding GmbH. Schindler Attorneys advised the sellers on the deal.
Business Continuity & Crisis Management MasterClass, 21-22 March, 2019 – Vienna, Austria