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“The fairly stringent lockdown imposed by the Austrian Government in mid-March resulted in a relatively small number of infections,” says Paul Luiki, Partner at Fellner Wratzfeld & Partners in Vienna. “Apart from being able to get the infection under control, they also introduced a EUR 38 billion package to help the economy recover. Even though room for improvement always exists, given the little time the Government had to act, I think the support package on the whole has worked out just fine.”

Schoenherr has advised Invester United Benefits on the sale of the Wohngarten residential construction project in Vienna to ZBI Zentral Boden Immobilien Gruppe. Wolf Theiss advised the buyers on the deal, which is expected to close by the end of June 2020.

BPV Huegel, working alongside Switzerland's Lenz & Staehelin law firm, has advised Raiffeisen Informatik on the sale of shares in SoftwareONE Holding AG via an over-night accelerated book-building process. Credit Suisse AG, J.P. Morgan Securities plc, UBS AG, and KKR Capital Markets Partners LLP acted as joint book-runners for the placement. Simpson Thacher & Bartlett advised KKR on the deal.

Dorda and Hogan Lovells have advised ARE Austrian Real Estate on a joint project with UBM Development involving the development of part of the Aspanggrunde in Vienna's 3rd district and an area in Munich. UBM was advised by Eisenberger & Herzog and GSK Stockmann.

Binder Groesswang and Havel & Partners have advised BEXity and its holding company, Mutares SE & Co. KGaA, on the sale of Czech subsidiary European Contract Logistics in a management buy-out. The buyer, EC Logistics CEO Roman Goerojo, was advised by Jandura a Partneri.

Schoenherr advised Voith and Fellner Wratzfeld & Partner advised PCS on their acquisition of 59% of the shares of Traktionssysteme Austria GmbH. Cerha Hempel advised the selling shareholders on the deal, which remains subject to regulatory approval.

Love them or hate them, conferences are a fundamental part of the successful commercial lawyer’s calendar. But time is precious. Those calendars are full. It’s vital for conference organizers to get them right, and critical for lawyers to choose wisely in determining which events to attend and which to skip.

DLA Piper Austria has advised FFF Real Estate, a subsidiary of FFF Fund I SCSp SICAV-RAIF, a multi-compartment-regulated Luxembourg fund managed by a Cyprus-based management company, on financing provided to an unnamed residential real estate developer for the acquisition from unnamed sellers and development of an unspecified residential project in Luxembourg.

Until a few decades ago, litigation funding was nowhere to be seen. Today, it is daily business across law firms in the US, UK, and Australia. Although it has taken longer to reach Europe, and particularly CEE, it has now firmly made its mark, and it looks like it is here to stay.

Oberhammer Rechtsanwalte, BPV Huegel, and DLA Piper, acting with Ewald Oberhammer, Christoph Nauer, and Christian Temmel, respectively, as independent proxies at the general meeting of Schoeller-Bleckmann Oilfeld Equipment Aktiengesellschaft -- the first virtual general meeting of a listed company in the German-speaking countries, together with Wilhelm Rasinger from the Interessensverband der Anleger (IVA).

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