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2023 is set to be a breakthrough year for Artificial Intelligence (AI): In September 2022, Dall-E 2 (a program that can generate digital images from natural language) was opened up to the public. In November 2022, ChatGPT (a chatbot that can answer complex questions) was launched.

Both models have captured the popular imagination and left their mark on social media. Since then, there has been a torrent of other applications leveraging AI.

As the capabilities continue to expand, businesses will turn to AI-based solutions to improve decision-making, streamline operations, and increase organizational productivity.

We would like to invite you to three webinar sessions dealing with this exciting (and maybe scary) world. Please see the program details below.

First Session – 10 March 2023 (Recording)

  • What are the AI productivity tools that you should be using right now (and that your kids have been using in the last few months)? – presented by Niklas Schmidt

Second Session – 31 March 2023 (Recording)

  • Who owns the copyright for artwork generated by AI programs such as Midjourney or Dall-E 2? – presented by Paulina Pomorski
  • Can AI systems such as ChatGPT be liable for copyright infringement based on the data sets they use, and can artists get compensation? – presented by Peter Ihasz
  • Who is responsible if an AI assisted product such as a self-driving car causes harm to somebody? – presented by Jakub Pietrasik
  • Are there any restrictions for employers using AI systems? – presented by Isabel Firneis

Third Session – 28 April 2023 (Recording)

  • What legal consequences can the usage of AI generated deep fakes regarding images or video entail? – presented by Flavius Florea
  • What data protection issues can the usage of AI cause, and what should you be aware of if your robotic vacuum cleaner passes by? – presented by Roland Marko
  • What should you know about the EU’s proposed AI Act? – presented by Markus Aigner
  • What did I find out after trying one of the new chatbot lawyers? – presented by Angelika Zotter
14 February 2023

Artificial Intelligence (AI) – An Update

2023 is set to be a breakthrough year for Artificial Intelligence (AI): In September 2022, Dall-E 2 (a program that can generate digital images from natural language) was opened up to the public. In November 2022, ChatGPT (a chatbot that can answer complex questions) was launched. Both models have captured the popular imagination and left […]...

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13 February 2023

Wolf Theiss advises JP Hospitality Investors Club and JP Immobilien Group on hotel lease agreements

Vienna, 13 February 2023 – Wolf Theiss advised JP Hospitality Investors Club and JP Immobilien Group on the successful conclusion of two hotel developments and hotel lease agreements for projects in Kitzbühel and Trieste. Kitzbühel: The former “Klausner” hotel in Kitzbühel was successfully leased to a subsidiary of DSR Hotel Holding, which will operate the […]...

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10 February 2023

Growth opportunities: the green transition

Uncertainty is lingering in CEE/SEE, but Europe’s transition to sustainable energy, buildings and infrastructure is taking off. Renewables and the green transition Europe’s drive to become climate neutral by 2050 is fueling a tech and development boom that presents opportunities for many businesses. A long-term strategy is necessary to transition from conventional energy to renewables […]...

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9 February 2023

What Romania’s renewables market tells us about the present and future of sustainable energy

Renewables expert and Managing Partner of the firm’s Bucharest office Bryan W. Jardine takes a deep look into Romania’s renewable energy market with Mr. James Colter Eadie, who is the Founder and CEO of Jade Power Trust. Bryan and James discuss the historic subsidies that were granted to renewable energy investors in Romania between 2012 […]...

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8 February 2023

Ukraine: new regulations allow the postponement of military service for employees in “critical companies”

In late January 2023, the Cabinet of Ministers of Ukraine approved two new regulations: (i) a new procedure for the “reservation” of employees eligible for military service, and (ii) a procedure for defining the undertakings (companies and enterprises) critical for the functioning of the Ukrainian economy and ensuring the vital activities of the population during […]...

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8 February 2023

Wolf Theiss advises Altor on the acquisition of a majority stake in Kommunalkredit Austria AG

Vienna, 8 February 2023 – Wolf Theiss has advised private equity investor Altor on behalf of Altor Funds on the signing of an agreement to acquire an 80% majority stake in Kommunalkredit Austria AG and enter a partnership with the existing owners and the management of the bank. Altor will support Kommunalkredit with incremental capital […]...

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7 February 2023

Czech Republic: Ministry of Labour and Social Affairs has submitted a draft amendment to the Labour Code

The amendment introduces holiday leave for employees hired outside of a standard employment relationship, specifies rules for working from home as well as simplifies e-communication. Although the deadline for transposing the EU’s a) Work-life Balance Directive and b) Transparent and Predictable Working Conditions Directive into national law has already passed, the changes needed to reflect […]...

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7 February 2023

Wolf Theiss advises ÖBAG on the extension of its partnership with América Móvil regarding Telekom Austria

Vienna, 7 February 2023 – Wolf Theiss advised the Austrian State Holding Company ÖBAG on the extension of its partnership with América Móvil concerning Telekom Austria, Austria’s leading telecom provider. The shareholder agreement entered into by major shareholders of Telekom Austria is for a term of ten years. The Telekom towers will be spun off […]...

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6 February 2023

Schwellenwerteverordnung 2023 veröffentlicht

Neue/alte Schwellenwerte ab 7.2.2023 Nach langem politischen Hin und Her wurde heute die Schwellenwerteverordnung 2023, welche bereits im Rundschreiben des Bundesministeriums für Justiz (BMJ) am 23.12.2022 angekündigt wurde, endlich veröffentlicht (kundgemacht). Mit der Schwellenwerteverordnung 2023 gelten ab morgen, 7.2.2023, wieder die bereits bekannten “alten” Schwellenwerte der Schwellenwerteverordnung 2018 (siehe nachstehende Tabelle). Insbesondere sind Direktvergaben nun […]...

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6 February 2023

ESG compliance – what do you have to consider?

ESG Compliance – was müssen Sie beachten? Spätestens seit der Umsetzung des Europäischen Green Deals ist ESG in allen Bereichen der Wirtschaft angekommen. Die EU hat es sich zum Ziel gesetzt bis 2050 klimaneutral zu werden, bis 2030 sollen die Emissionen bereits um 55% gegenüber dem Stand 1990 gesenkt werden. Neben Umwelt (E–Environment) spielen aber […]...

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6 February 2023

BNP Paribas Personal Finance sells its Bulgarian Consumer Finance business to Eurobank Bulgaria AD with legal support by Wolf Theiss

Sofia, 6 February 2023 – Wolf Theiss advised the leading European consumer finance group BNP Paribas Personal Finance on the sale of BNP Paribas Personal Finance Bulgaria to Eurobank Bulgaria AD, the subsidiary of Eurobank Ergasias Services and Holdings S.A. in Bulgaria. The Wolf Theiss team was led by M&A Partner Katerina Kraeva (Sofia), working […]...

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3 February 2023

Bulgaria adopts new whistleblowing legislation

The new Act enters into force in 3 months, requiring some companies to implement internal procedures by May 2023 On 27 January 2023, the Bulgarian Parliament adopted the Act on the Protection of Persons who Report Breaches (the “Whistleblowing Act”, Закон за защита на лицата, подаващи сигнали или публично оповестяващи информация за нарушения). Adopted after […]...

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