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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

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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  • Civil-law consequences of the coronavirus

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: 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

Impact of the corona virus: civil law

Dealing with the spread of the virus and the (global) government measures have a far-reaching impact also on the Austrian economy. From a legal perspective, companies are confronted with issues includ...

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  • Impact of the corona virus: civil law

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 - What will happen to currently running time limits in administrative proceedings?

Along with the Second COVID-19 Act, a COVID-19 Accompanying Act on Administrative Law (Verwaltungsrechtliches COVID-19-Begleitgesetz, COVID-19-VwBG) was adopted affecting, among other things, time-lim...

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  • COVID-19 - What will happen to currently running time limits in administrative proceedings?

Epidemics Act – what measures does it provide for and what about compensation for the closing of business establishments?

Both the Epidemics Act and the COVID-19 Measures Act (COVID-19 Maßnahmengesetz) provide for measures to contain COVID-19. However, there are differences in the compensation rules. Businesses affected...

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  • Epidemics Act – what measures does it provide for and what about compensation for the closing of business establishments?