Dorda, working with Bird & Bird, has advised Nosto on its acquisition of Findologic Gesellschaft. Schoenherr, working with Roschier, advised the shareholders of Findologic.
Austria: The (New) Provisions on Unknown Exploitation Forms And The Right of Second Exploitation in Copyright Contract Law
The amendment to the Austrian Copyright Act introduces a whole range of new provisions on copyright contract law, strengthening the position of authors and performers.
Matthias Noedl Returns to Cerha Hempel
Former Taylor Wessing Partner Matthias Noedl has returned to Cerha Hempel as a Senior Counsel in the firm’s Real Estate & Construction department.
Binder Groesswang Advises Mutares on Acquisition of Steyr Motors from Thales
Binder Groesswang has advises Mutares on its acquisition of Steyr Motors Betriebs and Steyr Motors Immo from Thales. Schoenherr reportedly advised Thales.
New Supreme Administrative Court Decision on Augarten Lowering Regarding Specific Rights of Recognised Environmental Organisations
In a recent decision, the Austrian Supreme Administrative Court (SAC) addressed party status and the requirements for an eligible complaint by recognised environmental organisations (EOs) in permit procedures under water law.
Busy Lawyers and Increasing Regulatory Burden in Austria: A Buzz Interview with Roman Hager of Act Legal
Austria's lawyers are keeping busy these days, with work primarily driven by an active M&A market, restructuring, litigation, and regulatory changes, while those changes are putting increasing pressure on small businesses, according to Act Legal Partner Roman Hager.
Austria: The (New) Transfer of Rights by Purpose in Copyright Contract Law
The amendment to the Austrian Copyright Act introduces a whole range of new provisions on copyright contract law, strengthening the position of authors and performers. In our first Legal Insight ("Austria: The (new) Copyright Contract Law") we provided some background information and an overview. In our second and third Legal Insights, we introduced the new remuneration provisions ("Austria: The (new) copyright remuneration rules for authors and performers") and the transparency obligation ("Austria: The (new) copyright transparency obligation"), which are based on the DSM Directive.
FWP Advises Soravia on Acquisition of Loisium Holding
Fellner Wratzfeld & Partner has advised Soravia on its acquisition of Austrian hotel group Loisium Holding.
Foreign Subsidies Regulation: The New Kid on the Block
On 28 November 2022, the Council of the European Union gave its final approval to the Regulation on Foreign Subsidies distorting the Internal Market (FSR) following the adoption of the regulation by the European Parliament on 10 November 2022.
E+H and KPMG Law Advise on Valtus Group’s Acquisition of Management Factory
E+H, working with Paris-based Sekri Valentin Zerrouk, has advised the Valtus Group on its acquisition of Management Factory Corporate Advisory. KPMG Law advised the sellers.
Did You Know: Five-Year Austrian Real Estate Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Dorda Partner Stefan Artner has worked on 14 reported Austrian Real Estate deals over the past five years – more than any other lawyer?
Cerha Hempel Advises ARE Austrian Real Estate on Acquisition of Green Worx Office Complex
Cerha Hempel has advised ARE Austrian Real Estate on its acquisition of Vienna's Green Worx office complex from the UniImmo Deutschland real estate mutual fund managed by Union Investment. Schoenherr reportedly advised the sellers.
Ricardo Gardini de Andrade Joins DLA Piper as Partner in Vienna
Former Freshfields Bruckhaus Deringer Senior Associate Ricardo Gardini de Andrade has joined DLA Piper's Vienna office as a Partner to work in the firm's Litigation & Regulatory practice.
Cerha Hempel Advises CA Immo on Sale of Hotel and Office Property in Vienna
Cerha Hempel has advised CA Immo on the sale of a building complex consisting of the Hotel Savoyen and an office building to German real estate agency Horn Grundbesitz.
Unbundling of the Hydrogen Sector: A Commission Proposal in Breach of EU Law
Late last year, the European Commission ("EC") adopted a legislative package on hydrogen and decarbonised gas, which includes a proposal for a Directive on Common Rules for Internal Markets in Renewable and Natural Gases and in Hydrogen ("Draft Gas Directive"). On 9 September 2022, the EC published a revised version of this directive, the key objective of which is to regulate hydrogen as an independent energy carrier.
SMS.Law Advises +Simple on Acquisition of Insurance Brokerages Portfolio from Alt+Partner
Schima Mayer Starlinger has advised +Simple on its acquisition – via German subsidiary Carl Rieck – of a portfolio of insurance brokerages from Austria-based Alt+Partner.
ECJ Ruling Ends Unlimited Public Access to UBO Register
Under Article 30 (5) (c) of Directive (EU) 2015/849 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing (AML Directive 2015), Member States are obliged to ensure that information on beneficial ownership is accessible by any person or organisation that can demonstrate a legitimate interest in obtaining it.
Cerha Hempel Advises Spar on Cooperation Agreement with Paul Ivic
Cerha Hempel has advised Spar on its cooperation agreement with vegan-vegetarian chef Paul Ivic.