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Austrian Supreme Court on mass dismissals

Section 45a of the Labor Market Promotion Act (“Arbeitsmarktförderungsgesetzt - AMFG”) stipulates that employers have to report the intended termination of employment relation-ships above a certa...

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  • Austrian Supreme Court on mass dismissals

Finance Update: New Guidance on the Application of Green Loan Principles in the Real Estate Finance Market

In the European Union buildings are responsible for approx. 40% of energy consumption and approx. 36% of CO2 emissions which is why the real estate sector is certainly one of the key markets for green...

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  • Finance Update: New Guidance on the Application of Green Loan Principles in the Real Estate Finance Market

CO­VID-19 Fi­nan­ce Up­date: Extension of Lockdown-Turnover Compensation and Fixed Cost Subsidy Phase II

As a result of new closures until presumably 6 December 2020, phase II of the fixed cost subsidy and an expansion of the sales compensation for all businesses affected by the second lockdown (i.e. tra...

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  • CO­VID-19 Fi­nan­ce Up­date: Extension of Lockdown-Turnover Compensation and Fixed Cost Subsidy Phase II

FMA Facts, Trends and Strategies 2021

With its "Facts, Trends and Strategies 2021", the Austrian Financial Market Authority (FMA) presented the results of its risk analysis for market participants and other stakeholders at the end of the ...

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  • FMA Facts, Trends and Strategies 2021

COVID-19-Update: Corporate Law

In the wake of the Covid-19 pandemic, the legislator enacted a variety of corporate law measures during 2020 to ensure a functioning economy and help prevent the spread of COVID-19.The measures introd...

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  • COVID-19-Update: Corporate Law

Extension of national Threshold Regulation until 31 December 2022

For public procurement matters, the relevant Threshold Regulation setting the thresholds applicable to sub-threshold contracts has been extended for two more years until 31 December 2022. This allows...

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  • Extension of national Threshold Regulation until 31 December 2022

Further increase in the volume for the COVID-19 Investment Premium

With the federal law of 31 December 2020, the volume for the investment premium was once again increased to a total of 3 billion euros. The application deadline is already 28 February 2021. It is also...

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  • Further increase in the volume for the COVID-19 Investment Premium

COVID-19: The current measures as of 17 December 2020

The 3rd COVID-19- Protective-Measures-Regulation, which became in force on 17 December 2020, provides for restrictive measures to reduce the spread of COVID-19 during the Christmas Holidays. The 3rd C...

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  • COVID-19: The current measures as of 17 December 2020

COVID-19: another Extension of the "Lockdown III"

The 2nd COVID-19-Emergency-Measures-Regulation, which became in force on 26 December 2020, provided for new restrictive measures to reduce the spread of COVID-19 in the form of another „hard Lockdow...

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  • COVID-19: another Extension of the "Lockdown III"