Client Alerts

The New Law Aims at Protecting Entities against the Negative Effects of Insolvency by their Majority Owners...

Elektronische Aktenführung hat auch in den Verwaltungsverfahren Einzug gefunden und unter anderem zu einer Verfahrensbeschleunigung beigetragen. Dem soll in der Novelle der Gewerbeordnung (GewO) Rechnung getragen werden:...

Amendments to the Hungarian Competition Act from earlier this year concerned rules relating to merger control thresholds as well as to conducting of merger control reviews....

RES financial incentive scheme in Hungary – Impacts on the regulatory and investment environment of the development of photovoltaic power plants...

Arbitration is becoming more efficient and transparent and less expensive thanks to recent revisions to the ICC Rules of Arbitration. The ICC Court has introduced rules for expedited arbitration procedures for small claims. Venus Valentina Wong of Wolf Theiss is co-editor and co-author of a new publication that includes a commentary on the new ICC Rules and what they mean for arbitrators, counsel and other interested parties....

The "contracts of choice" for the world's most high-profile construction and infrastructure projects have been updated. FIDIC launched revised versions of its internationally recognized Red Book, Yellow Book and Silver Book, replacing the renowned 1999 FIDIC Suite of Contracts....

The large-scale acquisition of farmland in CEE countries has been a highly debated topic for some time. This is mainly due to the relatively low price of land in comparison to that in other parts of Europe as well as the good quality of the soil. However, there has also been a constant tendency to restrict farmland acquisition to an individual country's nationals (legal entities and individuals), and to put up limitations to the acquisition of farmland by EU/European Economic Area individuals or companies....

The EU Commission, further incited by the Paris terrorist attacks, has declared the fight against tax avoidance, money laundering and terrorist financing a top priority; in 2018 stricter rules will enter into force also in Austria – legal entities should prepare themselves in good time....

In preparation for the EU General Data Protection Regulation ("GDPR"), which comes into force in May 2018, Romania has updated its Classification of Occupations (COR) to include data protection officers (DPOs)....

Austria's Federal Competition Authority ("FCA") has issued its first comprehensive guidance on inspections of undertakings carried out by the FCA....

Verplichtung zur E-Vergabe wird teilweise zum Stolperstein Die Richtlinie 2014/24/EU bringt maßgebliche Änderungen für Vergabeverfahren. Diese betreffen u. a. die e-Vergabe, die grundsätzlich verpflichtend wird. Die Umsetzung durch das neue Bundesvergabegesetz erfolgt voraussichtlich im ersten Halbjahr 2018. Die bisherige Praxis zeigt bereits, dass die richtlinienkonforme vollelektronische Abwicklung von Vergabeverfahren auch neue Probleme mit sich bringen kann:...

Poland becomes top market for expansion in emerging Europe In response to the growing demand for legal advisory services in Poland, Wolf Theiss has continued its rapid expansion in central Europe's largest economy this year, bringing on three new Partners in the Warsaw office. As one of the leading law firms in Central, Eastern and South-Eastern Europe, Wolf Theiss plans further additions to its team in Poland, providing best-in-class services for local and international firms in the most promising industries....