Schoenherr has advised SiteLog Infra GmbH on the acquisition of the Equipment & Technology Services business unit from Implenia Osterreich GmbH, via an asset deal. Karasek Wietrzyk advised Implenia on the matter.

Glatzova & Co, working with global counsel Hengeler Mueller, has advised Chinese tool manufacturer Greatstar Group on its acquisition of the Behrens Group. According to Hengeler Mueller, Alrud, Soltysinski Kawecki & Szlezak, and Wolf Theiss advised the buyer on the Russian, Polish, and Austrian aspects of the deal and Barnes & Thornburg, Bonelli Erede Lombardi Pappalardo, Bruun & Hjejle, Corrs Chambers Westgarth, Jeantet, Macfarlanes, Mattos Filho, Niederer Kraft Frey, Schjodt, Uria Menendez, and Van Bael & Bellis advised the buyer in various other jurisdictions.

Herbst Kinsky has advised Russmedia Equity Partners on the acquisition of 100% of shares in finderly GmbH, which operates the online flea market Shpock, from Norway's Adevinta. Schoenherr advised the seller.

Brandl Talos has advised Contextflow on its Series A financing round from B&C Innovation Investments GmbH as lead investor, new co-investor TTIP Beteiligungs, as well as previous investors Apex Ventures, Crista Galli Ventures, IST cube, Nina Capital, and Novacapital.

BPV Hugel has advised Viennese company Wojnar on the sale of a 74% majority stake to Vivatis Holding AG. Wildmoser Koch reportedly advised the buyer.

Selih & Partners has advised OTP on the acquisition of Nova KBM bank in Slovenia from Apollo and EBRD. Paul Weiss and Wolf Theiss advised the sellers on the deal.

Schoenherr has advised Credendo on the cross-border merger of their Austrian stock company into a Belgian group company, advised by Linklaters.

DLA Piper has advised Austrian research and development company Bionic Surface Technologies GmbH on its joint development agreement with the Nikon Corporation regarding research and development of riblet technologies. Freshfields reportedly advised Nikon on the deal.

A law implementing, among others, Directive (EU) 2019/878 amending Directive (EU) 2013/36 (Capital Requirements Directive - CRD V) has been passed by the Austrian Parliament and Federal Council, and has been published in the Federal Gazette. CRD V (as part of the package together with Regulation (EU) 2019/876 amending Regulation (EU) 575/2013 – CRR II) aims to close regulatory gaps in the existing financial regulatory framework and, while adding prudential measures as to capital requirements, requires certain entities to comply with new licensing obligations.

Herbst Kinsky has advised property technology startup Propster on its EUR 3 million seed financing round led by Austrian AWS Grunderfonds, Axeleo from France, and Pi Labs from the UK, joined by new and existing private investors. AWS was advised by Wiedenbauer Mutz Winkler & Partner.

Herbst Kinsky and Sidley Austin have advised ESIM Chemicals on the spin-off and sale of its Intermediates & Specialty Chemicals division to Vertellus and Pritzker Private Capital. Binder Groesswang advised the buyers on the transaction.

RTPR and Allen & Overy have achieved a successful outcome for Premier Energy in an international arbitration case conducted under London Court of International Arbitration arbitration rules.

The following article addresses a random first choice of civil law, contractual aspects to be precise, which the authors think are worth considering before you buy (or sell) your first NFT. However, given the novelty of the underlying technology, there is room for dissenting opinions.

Dorda, working with lead counsel Kirkland & Ellis, has advised Boston-based growth equity fund Guidepost as lead investor on the USD 35 million investment in Austria’s Tractive GmbH. 42Law reportedly advised Tractive on the deal.

The Vienna office of Schoenherr has advised joint lead managers Commerzbank Aktiengesellschaft, Credit Agricole Corporate and Investment Bank, DekaBank Deutsche Girozentrale, Landesbank Baden-Wurttemberg, and Raiffeisenbank International AG, on the placement of EUR 500 million 0.5% mortgage covered notes due 2041 issued by Raiffeisen-Landesbank Steiermark AG. Wolf Theiss reportedly advised the issuer.

Brandl Talos has advised Riddle&Code FinTech Solutions on its registration as a virtual currency service provider with the Austrian Financial Market Authority.

CMS Banking & Capital Markets specialist Philipp Mark has been made a Partner at the firm.

The increasing use of electric vehicles (EVs) in Austria means the supporting infrastructure requires constant development. The Austrian federal government program 2020-2024 envisages expanding the Austrian network of charging points for alternative fuels as an essential pillar of its drive towards implementing sustainable mobility solutions. In September 2020, the Austrian government followed through with its agenda by proposing the Austrian Renewable Energy Expansion Act (Erneuerbaren-Ausbau-Gesetz, EAG), which includes an amendment of the Austrian Act on Uniform Standards for Alternative Fuels Infrastructure Developments (Bundesgesetz zur Festlegung einheitlicher Standards beim Infrastrukturaufbau für alternative Kraftstoffe, BGFS). The EAG has recently been approved by the government and is now subject to discussions/approval by the Austrian parliament. The cornerstone of the amendment, which is expected to enter into force in the second half of 2021, involves establishing a public charging point register so that EV drivers can locate publicly accessible charging points when they need them and obtain other relevant information.