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Austria: Schoenherr named "Austria Law Firm of the Year" by Chambers

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North Macedonia: Schoenherr advises owners of ITgma on sale of majority ownership stake to Modirum

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CEE Compass Conference

Join us for the inaugural edition of this international conference, on 16 May 2024!
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Austria: Draft Grace-Period-Act facilitates SME succession within the family

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to the point: technology & digitalisation | 04/2024

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As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.

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our latest press releases

press release

North Macedonia: Schoenherr advises owners of ITgma on sale of majority ownership stake to Modirum

Schoenherr advised prominent software and IT services provider ITgma on the sale of a majority ownership stake in the company to Modirum, a leading technology and platform company dedicated to innovation and growth.

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press release

30 April 2024

austria

A.Popp

Austria: Schoenherr named "Austria Law Firm of the Year" by Chambers

CEE powerhouse Schoenherr has secured the "Austria Law Firm of the Year" award from Chambers and Partners. This award once again underscores Schoenherr's relentless way up to being the firm of natural choice in the region.

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press release

Romania: Schoenherr advises Eleco on acquisition of Vertical Digital

Schoenherr Romania advised Eleco, a world-class software provider to companies in the construction and built environment sector, on the acquisition of 100 % of the share capital of Vertical Digital. The transaction will add critical capabilities to Eleco, as Vertical Digital has a proven track record of providing agile and innovative software development, technical consulting and upskilling solutions across many European and multinational end-customers.

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legal insights

newsletter

Key takeaways from year one of the Slovak FDI regime

The first comprehensive Slovak foreign direct investment (FDI) screening regime entered into force on 1 March 2023. Now that the first year of this new FDI regime is behind us, below we summarise the key takeaways based on our practical experience with this law.

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newsletter

02 May 2024

austria

O.Loksa

Austria: Reimbursement of or contribution to defence costs in criminal proceedings: new draft bill is a missed opportunity

It has been a long time coming and is among the most requested changes in criminal procedure law. Finally, on 24 April 2024, the Austrian government presented a draft bill aimed at increasing the contribution to legal costs for suspects acquitted in criminal proceedings. While it is a giant step forward, serious doubts remain about whether it goes far enough.

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publication

to the point: Tax News Österreich | 01/2024

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publication

Drohende Vermögenssteuer(n): Vermögensplanung und -vorsorge so wichtig wie noch nie?

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newsletter

29 April 2024

romania

G.Bădescu R.Dan

The revamped cash rebate system: a new promise for the Romanian film industry

"After all… tomorrow is another day." Scarlett O'Hara

The future of film productions appears brighter these days, as Romanian authorities have recently reaffirmed their commitment to boost the local film industry by revamping the cash rebate system available to it. As many of our readers may know, famous films such as Amen, Cold Mountain, Modigliani, Transporter 3, Le Concert and, more recently, Wednesday or Voyagers, were shot in Romania.

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blog

What do you need for a design application in Austria?

Designating designs

As we already noted in our blog article of 19 March 2024 (link), intellectual property covers more than "just" trademarks. A design is particularly recommendable if the external appearance of a product or part of it is to be protected.

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roadmap

Austria's sustainability-linked bond market: a snapshot

In 2023 we advised a client in connection with the issuance of the first sustainability-linked bond by an Austrian corporation placed among international institutional investors as well as Austrian retail investors. Its main feature is that the coupon for the last year of the term will increase if one or both predefined step-up events linked to the issuer's sustainability targets occur.

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roadmap

Consumer Credit Directive II: consumer credit legislation for the digital age

A 2020 review of the Consumer Credit Directive (2008/48/EC) ("CCD I") by the European Commission (EC) found that CCD I has been only partially effective in ensuring a high level of consumer protection.

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roadmap

Trade creditor liability risks in arrangements with distressed companies in Austria

In our practice, we have found that the most common reason for distressed companies to initiate reorganisation measures is a severe liquidity squeeze.

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