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Austrian Supreme Court confirms the admissibility of an up-stream merger of over-indebted subsidiaries
In its decision dated 25.11.2020, 6 Ob 203/20a, the Austrian Supreme Court confirmed the admissibility of an up-stream merger of two over-indebted subsidiaries into their parent company. A positive market value of the assets of the transferring subsidiaries is not required if, to put it briefly, the acquiring parent company can afford it. The decision creates legal clarity for mergers of over-indebted subsidiaries. This is particularly important in the current difficult economic times caused by the Corona-crisis.
[more]bpv Huegel promotes Daniel Reiter and Nicolas Wolski to partners
As of March 2021, Daniel Reiter (corporate /M&A, capital markets) and Nicolas Wolski (tax) will become partners of bpv Huegel.
[more]Dr. Markus Schifferl LL.M. (UCL)
Markus Schifferl is a specialist in international and domestic arbitration and contentious proceedings before the national courts. Work Highlights Markus regularly represents clients before ICC, VIAC, UNCITRAL, DIS and ad-hoc arbitral tribunals as well as before Austrian Courts, including the Austrian Supreme Court and the Austrian Constitutional Court. Markus also sits as arbitrator – including […]
[more]bpv Huegel expands Dispute Resolution practice with Markus Schifferl as Partner
Markus Schifferl (43), previously a partner at Zeiler Floyd Zadkovich, joins bpv Huegel in March as Co-Head of Dispute Resolution. bpv Huegel is thus responding to the growing market for high-profile arbitration and litigation services in complex international and national disputes.
[more]Moot Court Civil Law: 3rd place for team bpv Huegel
At the Vienna preliminary round of the Moot Court Civil Law 2020/21, organised by the WU and the University of Vienna, the team supervised by bpv Huegel took 3rd place.
[more]Platform do’s and don’ts: EU’s Digital Markets Act signals a sea change in digital regulation
The European Commission has laid out a proposal for a landmark set of ex ante rules governing large digital platforms. The law will be the subject of protracted discussions that determine its final form. But as drafted, the Digital Markets Act (“DMA”) proposes to dramatically reshape the legal landscape for tech companies with a new framework that seeks to complement traditional antitrust enforcement with a list of “do’s and don’ts” regarding how large online platforms like search engines, online marketplaces, and social media networks are to treat their business partners, competitors, and users.
[more]The Practitioners‘ Guide to Applied Comparative Law and Language: Antitrust-Team contributes the Austrian chapter
Astrid Ablasser-Neuhuber and Florian Neumayr, partners at bpv Huegel, have contributed a chapter on Austrian antitrust law to The Practitioners‘ Guide to Applied Comparative Law and Language (formerly known as Anglo-American, eds. Heidinger/Hubalek), published by LexisNexis.
[more]bpv Huegel advised the Irish Zeus Packaging Group on the acquisition of Austrian company Petruzalek
bpv Huegel advised the Irish Zeus Packaging Group, a leading independent manufacturer and distributor, on the acquisition of the Austrian-based food packaging solutions, Petruzalek.
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