Cerha Hempel has advised Raiffeisen Immobilien KAG on its acquisition of a business center in Kirchberg am Wagram, Lower Austria, for the R320 special real estate fund. Weik Attorneys-at-Law reportedly advised the seller.

CMS has advised DPE Deutsche Private Equity on the sale of its stake in the VTU Group to winning bidder Altor Fonds. Milbank and E+H advised Altor Fonds.

CMS has advised Swiss ABB E-mobility AG on its Series A investment into Austrian property technology company Payuca. KPMG Law advised Payuca.

Schoenherr, working with Travers Smith and Roschier, has advised Inflexion on the acquisition of a majority stake in European financial technology company Nomentia from PSG Equity and Verdane.

BPV Huegel, working with Linklaters, has advised the Macquarie European Infrastructure Fund 4 on the sale of its Energie Steiermark stake to the Province of Styria for EUR 525 million. DSC Doralt Seist Csoklich and, reportedly, Schiefer Rechtsanwaelte advised the Province of Styria.

A decade ago, Austrian law firms stood out in terms of their regional presence in CEE. Wolf Theiss Partner Claus Schneider and CMS Managing Partner Johannes Juranek share insights into the growth trajectory of these regional law firms and the current landscape of the Austrian legal market.

Former Weinrauch Lawyer Wolfgang Gabler has joined the Real Estate team in Taylor Wessing’s Vienna office as a Partner.

Wolf Theiss, working with Baer & Karrer, has advised Farner International on the transaction that saw The Skills Group becoming part of European agency group Team Farner. Haider Obereder Pilz reportedly advised the sellers.

This article is part of a series on developments in Austrian environment and climate change law in 2022 and, in particular, focuses on case law developments. For further details on legislative developments see, "Key developments in Austrian environment and climate change law in 2022: part one – legislation".

Herbst Kinsky has advised AG Capital on the acquisition of majority stakes in Intelia and Embers and on the merger of the companies into a new group of companies. 

Herbst Kinsky has advised Star Capital Partners on obtaining a majority shareholding in the Myflexbox Austria corporate start-up – a spin-off from Salzburg AG fur Energie, Verkehr, und Telekommunikation – in the course of a capital increase. 

A spectre is haunting Europe – the spectre of… the Unitary Patent. With Germany having deposited its ratification document on 17 February 2023, this spectre is finally coming to life: the European Patent with Unitary Effect ("Unitary Patent") and the Unified Patent Court ("UPC") system will enter their preparatory phase. The actual launch date (the date as of which Unitary Patents will be in effect and actions can be filed with the UPC) is set for 1 June 2023.

2022 was a busy year marked by the late effects of the covid-19 pandemic and the Russia-Ukraine conflict. The latter has led to the rethinking of energy matters. Austrian legislation in 2022 was, therefore, characterised above all by new developments and amendments in energy law, with a focus on the expansion of renewable energy. This article is part of a series on developments in Austrian environment and climate change law in 2022 and, in particular, focuses on legislative developments.

Schoenherr, working with Raue, has advised Allmyhomes on establishing a joint venture with a consortium of Austrian real estate experts operating as Allmyhomes Venture Partner AT. Frimmel Anetter Schaal reportedly advised the consortium.

Taylor Wessing has advised the Amedes Group on its acquisition of the remaining 49% stake in ArchimedLife from VLSI Holding. KPMG Law advised the seller.

Wolf Theiss has advised the JP Hospitality Investors Club and the JP Immobilien Group on two hotel development and lease agreements for projects in Kitzbuehel and Trieste. DSC Doralt Seist Csoklich and Graf von Westphalen reportedly advised the two hotel operators.

On February 13, 2023, E+H announced that Airports Group Europe's increase of stake in the Vienna Airport through a voluntary public offer (reported by CEE Legal Matters on August 16, 2022) had closed.

Binder Groesswang, working with Davis Polk & Wardwell, has advised Lone Star on the American Chapter 11 restructuring of GTT Communications.