Wolf Theiss

Shareholder Agreements in Austria: new regulations won't offer full protection

Assume nothing. New regulations for civil law partnerships won't prevent a contracting party from terminating a shareholder agreement. Protect yourself and consult an expert.

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The 2015 Amendment of the Austrian Civil Code rules governing civil law partnerships has the potential of affecting the status of existing shareholder agreements in unexpected ways.  Thus, as a part of new 2016 omnibus corporate bill, the Austrian legislator attempts to repair the potentially problematic provisions of the 2015 statute. Nevertheless, for old and new shareholder agreements, particular caution is advisable.

For further information please contact

Christian
Hoenig
Partner
Austria
Doris
Buxbaum
Counsel
Austria

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