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WSG Task Force Team

DORDA  

Legal Services | Austria

www.dorda.at
tel: +43-1-533 47 95-0 | fax: +43-1-533 47 97
Universitätsring 10 | Vienna | 1010 | Austria

Meet The Team


Axel Anderl

Axel AnderlManaging Partner

  • Copyright
  • Intellectual Property

Thomas Angermair

Thomas AngermairPartner

  • Corporate Law
  • Employment Law

Stefan Artner

Stefan ArtnerPartner

  • Mergers & Acquisitions
  • Real Estate


Christoph Brogyanyi

Christoph BrogyanyiPartner

  • Capital Markets
  • Corporate Law

Paul Doralt

Paul DoraltPartner

  • Banking & Finance
  • Mergers & Acquisitions

Felix Horlsberger

Felix HorlsbergerPartner

  • Insolvency & Restructuring
  • Insurance


Florian Kremslehner

Florian KremslehnerPartner

  • Insurance Law
  • Litigation and Arbitration

Heinrich Kuehnert

Heinrich KuehnertPartner

  • Anti-Trust (Competition Law, Merger Control)
  • Telecom and Energy Law

Andreas Mayr

Andreas W MayrPartner

  • Capital Markets
  • Mergers & Acquisitions


Bernhard Mueller

Bernhard MuellerPartner

  • Public Law

Veit Oehlberger

Veit OehlbergerPartner

  • China and India
  • Corporate Law

Gunnar Pickl

Gunnar PicklCounsel

  • Insurance Law
  • Litigation and Arbitration


Bernhard Rieder

Bernhard RiederPartner

  • Banking & Finance
  • Corporate Law

Tibor Varga

Tibor VargaPartner

  • Banking & Finance
  • Capital Markets

Andreas Zahradnik

Andreas ZahradnikPartner

  • Banking & Finance
  • Capital Markets


Magdalena Brandstetter

Magdalena BrandstetterAttorney

  • Corporate Law
  • Mergers & Acquisitions

Alexandra Ciarnau

Alexandra CiarnauAssociate

  • Data Protection
  • IT / IP

Lisa Kulmer

Lisa KulmerAttorney at Law

  • Employment


Magdalena Nitsche

Magdalena NitscheAttorney

  • Insolvency & Restructuring
  • Insurance

Marie-Luise Pugl

Marie-Luise PuglAttorney

  • Corporate Law
  • Mergers & Acquisitions

Latest Alerts


M&A and Capital Markets Law: What Needs to be Considered? COVID-19 Poses Major Challenges for (Cross-Border) M&A Transactions and Capital Market Deals
DORDA, March 2020

Introduction COVID-19 poses great challenges, especially for cross-border M&A transactions and capital market deals. In the last five years or so, the M&A sector has seen a strong seller's market in which sellers have been able to generate high selling prices and enforce contractual arrangements in their favour. This will likely change rapidly now. Government imposed quarantines and travel restrictions already have a negative impact on due diligence reviews, contract negotiations as well as signings and closings of transaction...

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What are the Effects of COVID-19 and the Measures Recently Taken by the Federal Government on Litigation Proceedings?
DORDA, March 2020

CIVIL LITIGATION What are the effects of COVID-19 and the measures recently taken by the federal government on litigation proceedings? Will the civil courts remain in operation? As of 16 March 2020, a regulation amending the rules of procedure for courts of first and second instance will come into force. This regulation provides for a restriction of court services limited to the strict minimum. In the implementation decree, the Federal Ministry of Justice clarified that the courts will remain in operation only to the extent necessary. Oral hearings should only be held if absolutely required to maintain the administration of justice...

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What are the Legal Consequences of the Official Measures to Curb the Spread of COVID-19 for Entrepreneurs for their Commercial Contracts? Who is Liable for Delivery Failures?
DORDA, March 2020

Are delivery obligations between businesses still to be fulfilled? In principle, commercial contracts and the rights and obligations contained therein remain legally binding, despite the official measures taken to prevent the spreading of COVID-19. However, in connection with travel contracts, the Austrian Supreme Court qualified the outbreak of the infectious disease SARS as a force majeure event that made it unreasonable to perform the contract. Due to the similarity of events, this categorization may also be applied to the current situation...

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COVID-19: Financing
DORDA, March 2020

The first part of the article deals with various legal issues that may become relevant for financings in connection with measures to limit the spread of COVID-19. The second part sets out links to current public subsidy offers. 1.  Q&A Information is of a general nature and, therefore, cannot replace specific advice in individual cases. Only the legal position of an entrepreneur but no specifics for consumers are addressed. 1.1...

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Austrian Short-Time Working Model "Corona Immediate Assistance-Short Time Flex"
DORDA, March 2020

Short-time work is generally understood to be the temporary, foreseeable reduction in normal working hours (by at least 10% to a maximum of 90%). A special feature of Corona Immediate Assistance Short-Time Flex is that working hours can even be reduced to zero. Short-time work requires a social partner agreement and contact with the Austrian Labour Market Service (Arbeitsmarktservice – AMS). In companies, where a works council is established, short-time work must first be agreed with the works council by means of a works council agreement...

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Corona Virus: Impacts on Taxation, Financial Statements, Ability to Distribute Dividends
DORDA, March 2020

The Corona virus has dramatic consequences for most Austrian enterprises. But could it even have an impact on their 2019 financial statements (provided they were not resolved and filed yet)? Will it be possible to use the crises negative effects for claiming deductions in the 2019 tax return? Will it reduce the capacity of an entity that was profitable 2019 to distribute dividends? We limit this short overview on the most common forms of Austrian entities, i.e. GmbHs, AGs and GmbH&Co KGs...

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Which Insurance Covers Corona Damages? What Do You Have to Do Not to Lose Coverage?
DORDA, March 2020

Insurance companies ensure uncertain risks of individuals that may arise in the future and cover such risks with the premiums of the insured community. Once the risk has already occurred or is about to occur immediately and one does not have taken out insurance already, it is not possible to get insurance cover anymore...

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How Can Managers Avoid Personal Liability for the Financial Impact of the Corona Crisis on the Company they Manage? Precautionary Measures to Avoid Insolvency
DORDA, March 2020

Limited liability companies and stock companies must file for the opening of insolvency proceedings if they are unable to pay their open debts (illiquidity) or over-indebted without a positive prognosis. If such ground to file for insolvency has occurred, managers are obliged to file for insolvency as soon as possible, but at the latest within 60 days. Otherwise they are personally liable - without limitation - for damages caused by a delayed filing for insolvency (i.e. loss of new creditors and quota damage of old creditors)...

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COVID-19: Supervisory Law for Banks and Other Financial Service Providers
DORDA, March 2020

On 13 March 2020, the Austrian Government announced a comprehensive package of measures to combat COVID19 ("Corona virus"), which is to come into force on 16 March 2020. The following initial overview therefore addresses some of the key issues that this will raise for banks – but also for other financial service providers: Questions and Answers Do the emergency measures concerning COVID-19, which will apply from 16 March 2020, provide for Special rules for Banks and other financial service providers? Banks, as part of the critical infrastructure, are exempted from the ordered closure of shops...

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Which Privacy Aspects must Companies Take into Account when Processing Health Data?
DORDA, March 2020

Can a company collect data about a (potential) infection with COVID-19? Both, in case of information on a suspected case and in a confirmed case, special categories of personal data are processed. Whether a company may process such health data of employees, customers, suppliers or other third parties is exclusively governed by Art 9 GDPR. In absence of a concrete legal provision, in practice, only (i) the express consent of the data subject (Art 9 Paragraph 2 lit a GDPR) or (ii) compliance with obligations under labour and social law (Art 9 Paragraph 2 lit b GDPR) can be considered to legally justify the collection of data in such a scenario...

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Public Law Measures and Orders Against COVID-19
DORDA, March 2020

Which laws are applicable and what are the most important regulations? Epidemic Law 1950 COVID-19-Measures Law The legal basis for the measures imposed by the federal government last week is the Epidemic Law of 1913, which was re-introduced in 1950. The object and aim of the law are to combat notifiable transmissible diseases. This includes COVID-19...

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Civil Litigation: What are the Effects of COVID-19 and the Measures Recently Taken by the Federal Government on Litigation Proceedings?
DORDA, March 2020

Will the civil courts remain in operation? As of 16 March 2020, a regulation amending the rules of procedure for courts of first and second instance will come into force. This regulation provides for a restriction of court services limited to the strict minimum. In the implementation decree, the Federal Ministry of Justice clarified that the courts will remain in operation only to the extent necessary. Oral hearings should only be held if absolutely required to maintain the administration of justice. Does COVID-19 lead to an interruption of litigation proceedings? Pending proceedings are interrupted by law only if a court ceases its activities completely...

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Corporate Law: What Effects Does the Current Situation Have On Planned Shareholders' Meetings? Can General Meetings Be Held? Are There Any Delays in Company Registrations?
DORDA, March 2020

When should we hold our annual shareholders' meeting this year? The shareholders' meeting of a stock corporation must be held each year within eight months as of the end of the financial year. Therefore, if the financial year corresponds to the calendar year, there is time until the end of August. If possible, we would therefore recommend holding the annual shareholders' meeting a bit later this year in order to be better prepared. We would like to hold the annual shareholders' meeting in the coming weeks...

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COVID-19 Q&A on Real Estate and Tenancy Law
DORDA, March 2020

  In the days between 13 March 2020 and 15 March 2020, the government announced a comprehensive package of measures to combat Covid-19 ("Corona virus"), which is to enter into force on 16 March 2020. This in particular includes the ordered closure of shops and restaurants. The following initial overview addresses a number of key issues that arise for tenants and landlords as a result of the current situation...

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Legal Impact of Corona Virus on Supply Chains and Workers
DORDA, February 2020

The outbreak of the coronavirus and the measures taken by the Chinese government to contain it have brought production in China as the world's workbench to a complete standstill. Companies that operate in China or purchase such goods are currently facing delivery shortfalls. A similar situation could soon threaten Italy, where the first factory closures have already taken place. Restrictions on personal freedom and mobility would also be possible in Austria under the Epidemic Act, which was passed in 1913 (!) And published again in 1950...

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All articles submitted by DORDA

WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

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