On April 6, 2022, Taylor Wessing announced that the Stark Group’s Acquisition of Dach & Wand Handels GmbH from Swisspearl Group (reported by CEE Legal Matters on February 21, 2022) has closed.
EU: Advertorials May Increasingly Become the Target of Unfair Competition Claims
In a preliminary ruling following a request by the German Federal Court of Justice (case C-371/20), the Court of Justice of the European Union (CJEU) interpreted Point 11 of Annex I to the Unfair Commercial Practices Directive (Directive 2005/29/EC; UCP-Directive). This provision aims at preventing the use of editorial content in the media to promote a product where a business has paid for the promotion without making this clear in the content or through images or sounds clearly identifiable by the consumer (advertorial).
Why International Law Effectively Protects Investments in Russia
The truth is rarely pure and never simple. But in the case of Russia's military operation in Ukraine, it just might be. Russia breached Article 2(4) of the UN Charter, which prohibits the use of force against the territorial integrity or political independence of any state. Russia's acts have prompted the EU, the UK and the US to impose economic sanctions, such as freezing assets and disconnecting Russian banks from the SWIFT international payments network. Whilst the number of private businesses that are halting their activities in Russia is steadily growing, Russia has adopted a law paving the way for expropriations of assets of foreign firms that leave the country following economic sanctions. But what can foreign companies do if Russia proceeds to take their assets, if they are unable to freely transfer returns from investments out of Russia or if their profits collapse?
London Calling: Interview with Vladimir Rangeloff, Managing Partner of Kambourov & Partners
On April 5, 2022, leading lawyers from across all of CEE will be coming together for the Dealer's Choice Conference and Deals of the Years Awards Banquet. Leading up to the event, we spoke with Vladimir Rangeloff of Kambourov & Partners to learn what they are looking forward to the most.
Oil & Gas Laws and Regulations in Austria
Contributed by Schoenherr.
London Calling: Interview with Silvije Cipcic-Bragadin, Director of Cipcic-Bragadin Mesic and Associates
On April 5, 2022, leading lawyers from across all of CEE will be coming together for the Dealer's Choice Conference and Deals of the Years Awards Banquet. Leading up to the event, we spoke with Silvije Cipcic-Bragadin of Cipcic-Bragadin Mesic and Associates to learn what they are looking forward to the most.
London Calling: Interview with Gabor Bebok, Partner of Pontes Budapest
On April 5, 2022, leading lawyers from across all of CEE will be coming together for the Dealer's Choice Conference and Deals of the Years Awards Banquet. Leading up to the event, we spoke with Gabor Bebok of Pontes Budapest to learn what they are looking forward to the most.
Closing: Nissan's Sale of Austrian Dealer and Distribution Network Now Closed
On March 14, 2022, Cerha Hempel announced that Nissan Center Europe’s sale of its Austrian dealer and sales network to Astara Mobility (reported by CEE Legal Matters on January 11, 2022) has now closed.
Herbst Kinsky: Advice to Ukrainians in Austria
This review was prepared for Ukrainian refugees by the law firm Herbst Kinsky Rechtsanwälte GmbH upon request and in coordination with the international legal network Multilaw and Ukrainian law firm Arzinger. The review is as of March 11, 2022, will be updated as relevant, also Ukrainian translations will be added. The review is not a legal advice and is for informational purposes only. For updates, please follow www.multilaw.com and/or www.arzinger.ua
Clemens Freisinger Makes Equity Partner at Graf Patsch Taucher
Graf Patsch Taucher Rechtsanwalte has promoted the Head of its Dispute Resolution practice group Clemens Freisinger to Equity Partner.
Felix Kernbichler Becomes GoStudent's Chief Legal Officer
Felix Kernbichler has joined GoStudent as its Chief Legal Officer in January 2022.
London Calling: Interview with Oana Ijdelea, Managing Partner of Ijdelea & Associates
On April 5, 2022, leading lawyers from across all of CEE will be coming together for the Dealer's Choice Conference and Deals of the Years Awards Banquet. Leading up to the event, we spoke with Oana Ijdelea of Ijdelea & Associates to learn what they are looking forward to the most.
Russia's Invasion of Ukraine, Its Impact on Gas Supplies Procured by Austrian Manufacturing Companies and Force Majeure
Russia’s invasion of Ukraine represents one of the worst security crises in Europe. It is also expected to have far-reaching implications for the global economy, particularly given Russia’s role as the world’s second-largest producer of natural gas. Sanctions will mean higher energy prices in Europe.
New Sanctions Regime against Russia
In view of the gravity of the current situation in Ukraine, the EU has introduced further restrictive measures related to Russia's finance, defence, energy, aviation, and space sectors. This Legal Insight will give you a brief overview of the sanctions regime as of 27 February 2022.
Irene Welser Promoted to Senior Partner at Cerha Hempel
Irene Welser has been promoted to Senior Partner at Cerha Hempel, replacing former Senior Partner Edith Hlawati.
Deal 5: EXAA CEO Jurgen Wahl on Restructuring Clearing of Spot Market Trading on Vienna Commodity Exchange
On November 12, 2021, CEE Legal Matters reported that Cerha Hempel had advised Energy Exchange Austria and its cooperation with CCP Austria on the restructuring of the clearing of spot market trading in electric power products on the Vienna Stock Exchange and on the transfer of the central counterparty function from EXAA to CCP Austria. CEE In-House Matters spoke with Jurgen Wahl, CEO at EXAA, to learn more about the matter.
Armin Schwabl and Nadine Leitner Make Partner at Cerha Hempel
Armin Schwabl and Nadine Leitner have been promoted to Partner at Cerha Hempel.
Johannes Juranek and Gunther Hanslik Are CMS' New Management Duo in Vienna
CMS Partners Johannes Juranek and Gunther Hanslik have taken over the management responsibilities of the firm's Vienna office on February 1, 2022. Juranek specializes in data protection while Hanslik focuses on banking.