Schoenherr has advised Singapore-based Harps Global on its acquisition of the medical business division Sempermed from the Austrian Semperit Group for an enterprise value of EUR 115 million.

Did You Know that, according to the Activity Rankings function of the CEELMDirect website, E+H Partner Ulrike Sehrschoen has worked on eight reported client matters in Austria in 2022 – more than any other lawyer? It's been a good year for E+H, as Sehrschoen’s chief competition for the end-of-year title comes from a colleague, E+H Partner Judith Feldner, who has worked on seven reported client matters this year.

Bpv Huegel has advised Immofinanz on increasing its shareholding in S IMMO from CPI Property Group for EUR 337.5 million. Wolf Theiss advised CPI Property Group.

Dorda, working with Bird & Bird, has advised Nosto on its acquisition of Findologic Gesellschaft. Schoenherr, working with Roschier, advised the shareholders of Findologic.

The amendment to the Austrian Copyright Act introduces a whole range of new provisions on copyright contract law, strengthening the position of authors and performers.

Former Taylor Wessing Partner Matthias Noedl has returned to Cerha Hempel as a Senior Counsel in the firm’s Real Estate & Construction department.

Binder Groesswang has advises Mutares on its acquisition of Steyr Motors Betriebs and Steyr Motors Immo from Thales. Schoenherr reportedly advised Thales.

In a recent decision, the Austrian Supreme Administrative Court (SAC) addressed party status and the requirements for an eligible complaint by recognised environmental organisations (EOs) in permit procedures under water law.

Austria's lawyers are keeping busy these days, with work primarily driven by an active M&A market, restructuring, litigation, and regulatory changes, while those changes are putting increasing pressure on small businesses, according to Act Legal Partner Roman Hager.

The amendment to the Austrian Copyright Act introduces a whole range of new provisions on copyright contract law, strengthening the position of authors and performers. In our first Legal Insight ("Austria: The (new) Copyright Contract Law") we provided some background information and an overview. In our second and third Legal Insights, we introduced the new remuneration provisions ("Austria: The (new) copyright remuneration rules for authors and performers") and the transparency obligation ("Austria: The (new) copyright transparency obligation"), which are based on the DSM Directive.

Fellner Wratzfeld & Partner has advised Soravia on its acquisition of Austrian hotel group Loisium Holding. 

On 28 November 2022, the Council of the European Union gave its final approval to the Regulation on Foreign Subsidies distorting the Internal Market (FSR) following the adoption of the regulation by the European Parliament on 10 November 2022.

E+H, working with Paris-based Sekri Valentin Zerrouk, has advised the Valtus Group on its acquisition of Management Factory Corporate Advisory. KPMG Law advised the sellers.

Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Dorda Partner Stefan Artner has worked on 14 reported Austrian Real Estate deals over the past five years – more than any other lawyer?

Cerha Hempel has advised ARE Austrian Real Estate on its acquisition of Vienna's Green Worx office complex from the UniImmo Deutschland real estate mutual fund managed by Union Investment. Schoenherr reportedly advised the sellers.

Former Freshfields Bruckhaus Deringer Senior Associate Ricardo Gardini de Andrade has joined DLA Piper's Vienna office as a Partner to work in the firm's Litigation & Regulatory practice.

Cerha Hempel has advised CA Immo on the sale of a building complex consisting of the Hotel Savoyen and an office building to German real estate agency Horn Grundbesitz.

Late last year, the European Commission ("EC") adopted a legislative package on hydrogen and decarbonised gas, which includes a proposal for a Directive on Common Rules for Internal Markets in Renewable and Natural Gases and in Hydrogen ("Draft Gas Directive"). On 9 September 2022, the EC published a revised version of this directive, the key objective of which is to regulate hydrogen as an independent energy carrier.