Peter Machherndl has been appointed a Partner with Pitkowitz & Partners in Vienna.
Maria Grabner, Lukas Lanzerstorfer, and Nina Sterzl Make Partner at Vavrovsky Heine Marth
Maria Grabner, Lukas Lanzerstorfer, and Nina Sterzl have been appointed as Partners with Vavrovsky Heine Marth in Vienna.
Turkish Constitutional Court Annulled the Regulation Setting a Monetary Limit for Appeals Before Regional Administrative Court
Following the Constitutional Court’s (“TCC”) decision annulling the monetary limits for appeal in administrative jurisdiction, the TCC has annulled the regulation that no appeal can be filed against decisions on cases of tax and full remedy and actions of annulment of administrative acts, the subject matter of which does not exceed five thousand liras, as well as the regulation regarding the revaluation of monetary limits. The decision will enter into force on September 21, 2024, nine months after its publication in the Official Gazette.
Oksana Legka and Oleksandr Volkov Make Partner at Asters
Counsels Oksana Legka and Oleksandr Volkov have been appointed as Partners in Asters' International Arbitration and Cross-Border Litigation practice, effective January 1, 2024.
Simeon Hinkov Makes Associated Partner at Bulgaria's Stankov Todorov Hinkov & Spasov
Simeon Hinkov has been appointed as an Associated Partner with Sofia-based law firm Stankov Todorov Hinkov & Spasov.
Unilateral Option Arbitration Clause: A Flexible Forum for Dispute Resolution or Potentially Invalid Arbitration Clause?
Arbitration clauses, in their nature, impose on the parties an obligation to refer their disputes to arbitration as set forth in the arbitration agreement. Such agreements are vastly symmetrical – they provide both parties with the equal right to invoke arbitration proceedings.
Austria: A Band-Aid for the Brexit Aftermath in Cross-Border Litigation
The UK has not been a member of the European Union and thus of the comprehensive European framework for cross-border civil litigation since 1 January 2021. Within the EU, the Brussels I Recast-Regulation (Regulation [EU] 1215/2012) not only provides a set of common rules on the jurisdiction of the courts but also ensures rapid and simple recognition and enforcement of judgments in civil and commercial matters issued in the Member States. Under the Brussels I Regulation, judgments are enforceable without any declaration of enforceability. A judgment rendered in France or Romania can be enforced in Austria without much trouble and vice versa.