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Civil-law consequences of the coronavirus
I. General consequences II. New regulation on default interest and contractual penalties III. Consequences for the retail sector IV. Consequencers for building contracts V. Consequences in relation to...
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COVID-19 consequences for civil-law proceeding
The measures taken to contain the spread of SARS-CoV-2 (coronavirus) have reached civil-law courts. Therefore, the following regulations apply to civil proceedings and to court´s opening hours for th...
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- COVID-19 consequences for civil-law proceeding
COVID-19: consequences for meetings of shareholders
Due to the COVID-19 pandemic, the government prohibited assemblies of more than five persons (www.sozialministerium.at). This article briefly outlines what consequences this might entail for Austrian ...
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- COVID-19: consequences for meetings of shareholders
COVID-19 – M&A will not be spared either
The COVID-19 crisis has already hit economy and thereby also leads to uncertainties in the field of upcoming or already ongoing M&A transactions. Cross-border transactions, particularly large tran...
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- COVID-19 – M&A will not be spared either
COVID-19 Update: Obligation to file for insolvency
Already at the beginning of the Corona crisis in March 2020, the legislator decided on various insolvency law measures to mitigate the consequences of the Corona pandemic for the Austrian economy. Sin...
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- COVID-19 Update: Obligation to file for insolvency
Company financing – qualified subordinated loan
For quite a few years now, terms like “crowdfunding” and “public participation” have been popular catchwords in company financing, especially where funding for SMEs is concerned.Although it to...
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- Company financing – qualified subordinated loan
COVID-19 – Loss or reduction of rent for business premises due to COVID-19
1. Loss or reduction of rent for business premisesPursuant to section 1104 Austrian Civil Code (Allgemeines Bürgerliches Gesetzbuch, ABGB), a lessee/tenant is not obligated to pay rent if the l...
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- COVID-19 – Loss or reduction of rent for business premises due to COVID-19
COVID-19 – Guarantees for bridge financings granted to the hotel and tourism industry
For the purpose of compensating for liquidity shortages due to short-term decreases in turnover, Österreichische Hotel- und Tourismusbank Ges.m.b.H. (ÖHT) provides guarantees for bridge financings t...
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- COVID-19 – Guarantees for bridge financings granted to the hotel and tourism industry
COVID-19 – Data protection law aspects
The recording of confirmed and suspected cases of coronavirus infections is a core measure for containing the spread of the virus. Data on coronavirus infections or suspected cases is considered sensi...
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- COVID-19 – Data protection law aspects