In a significant turn in Austrian jurisprudence, the Austrian Supreme Court handed down a landmark decision on February 19, 2025 (file number 7 Ob 169/24i) (2024 Ruling), revising its long-standing position on loan processing fees previously upheld since its judgement in 2016 (Austrian Supreme Court 30.03.2016, 6 Ob 13/16d).
Schoenherr Advises Stadtwerke Klagenfurt on Alpen-Adria Swimming Complex EIA Proceedings
Schoenherr has successfully advised Stadtwerke Klagenfurt on the environmental impact assessment declaration proceedings for the Alpen-Adria-Sportbad.
EU Decarbonization Policy at a Crossroads – What Regulations Industry Can Expect
For years, the European Union has been taking measures related to the decarbonization of industry, i.e. the reduction and, in the long term, elimination of CO2 emissions. Examples include the EU Emissions Trading System, which has been in place since 2005, or the regulations on industrial emissions of 2010.
From This Summer, Companies Will Have To Comply With a Number of New Accessibility Requirements
In line with relevant European legislation, from 28 June 2025, new accessibility provisions will apply in Hungary to certain products and services, affecting a wide range of companies.
Carbon Footprint Under Scrutiny: Can Banks Track the Environmental Impact of Their Clients' Payments
Given the growing emphasis on sustainability and responsible business practices, obligations in the field of ESG are becoming increasingly significant. The banking sector is emerging as one of the key players in this transformation, with evolving regulatory frameworks influencing its operations.
New Law on the Central Register of Beneficial Owners
With the adoption of the Law on the Central Register of Beneficial Owners (“Official Gazette of the RS”, No. 19/2025), which entered into force on 14 March 2025, the legal framework governing this area has undergone significant changes. The application of most provisions is postponed until 15 September 2026, while certain provisions are applicable earlier.
Balancing the Scales: North Macedonia’s New Law on Unfair Trading Practices
North Macedonia has taken a significant step in regulating market competition with the enactment of the Law on the Prohibition of Unfair Trade Practices in the Supply Chain of Agricultural and Food Products (Law).