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This article is also available in Polish. Is the M&A market facing a further slowdown due to the macroeconomic situation? Or, following the recent parliamentary elections in Poland, will the market quickly rebound after a brief pause and continue to experience the best economic period in modern history? Can we expect more records to be […]...

This article is also available in Polish. This article focuses on the tax aspects of changes to the law that have a domestic impact. Tax aspects of changes regarding international reorganisations have been addressed in the following article. The amendments introduced to the Code of Commercial Companies on 15 September 2023, which provide for new […]...

Welche Angaben eines Bieters im Angebot muss der Auftraggeber hinterfragen? Welche Prüfungstiefe ist erforderlich, wenn das Ausscheiden des Bieters hiervon abhängt? In der aktuellen Ausgabe der ZVB behandeln unsere Vergaberechtsexperten Phillip J. Marboe und Nina Lassner eine solche Situation. Sie erörtern die unterschiedlichen Rechtsfolgen, die sich aus der fehlenden Eignung eines notwendigen Subunternehmers ergeben können. […]...

This article is available in both English and Polish. The new provisions of the Code of Commercial Companies, which came into force on 15 September 2023, include a number of changes regarding cross-border and domestic mergers, divisions and conversions of commercial law companies. This is yet another major amendment to the Act, introduced less than a […]...

As bad actors continue to develop new and innovative ways to channel illegally obtained money, asset tracing and recovery has become increasingly complex. While the Austrian legal system provides helpful and effective remedies in this regard, new laws and regulations are regularly established to keep up with and prevent these new types of fraudulent acts […]...

The amendment to the Code of Commercial Companies (CCC), which came into force on 15 September 2023, introduced the possibility of dividing commercial companies by separation – that is, in essence, the creation of subsidiaries within which property can be transferred using the principle of general succession. A number of changes have also been introduced […]...

The International Arbitration Review aids readers in understanding the law and practice of international arbitration by analysing the latest developments in the field, within current major global arbitration jurisdictions (and others on the rise). Venus Valentina Wong, Alexander Zollner and Philipp Theiler, from the Wolf Theiss Vienna office, authored the chapter devoted to Austria for […]...

To date, collective redress has been regulated differently among EU-Member States. In particular, a uniform and efficient enforcement of collective consumer interests has hardly been possible within the EU. The Directive (EU) 2020/1828 on “representative actions for the protection of the collective interests of consumers” (“Representative Actions Directive“), which is part of the EU-commissions’ so-called […]...

With the ever-increasing focus on sustainability and transparency in business within the EU, the implementation of compulsory CSRD and ESG reporting is set to apply to a broader range of companies. Birgit Kraml and Jela Mohr, contract partner and ESG Manager at Wolf Theiss in Vienna, answer this Q&A providing insight into the nature of […]...

On April 20, 2023, the European Commission (“Commission”) adopted a merger simplification package (“Package”) aimed at simplifying the Commission’s review of concentrations under the EU Merger Regulation. The core of the Package is the expansion of the categories of cases which can be treated under the Commission’s simplified procedure. In addition, the Package aims to […]...

This article by our experts originally written for and published by Thomson Reuters, delves into the turbulent nature of the crypto-assets sector and the increasing calls for regulation to balance its potential benefits with the need to minimize financial crime and protect investors. It highlights the ongoing consultation by the International Organisation of Securities Commissions […]...

Following two (2) years of uncertainty, at the behest of the Romanian Government, the Ministry for Finance published the draft Government Decision for the approval of procedures for the authorisation and/or registration of providers engaged in exchange services between virtual currencies and fiat currencies, as well as custodian wallet providers, on 12 May 2023. The […]...