ACQ Global Awards 2014
We announce with great pleasure that we have received the ACQ Global Award 2014 in the category of "Private Client Law Firm of the Year" for Austria.
Austrian Regulation on Land Registration Fees 2014 (Grundbuchsgebührenverordnung 2014)
On December 27, 2013, the Austrian Regulation on Land Registration Fees was announced in the Federal Law Gazette No 511/2013 and enforced as of February 1, 2014.
The Austrian Government announced to specify the necessary criteria to obtain Austrian citizenship on the basis of “special achievements” (10/6 Procedure)
Third-country nationals with an EU passport enjoy a great number of benefits and there are certain reasons to give these people easier access to citizenship than others.
Google is allowed to scan millions of books and publish the search results in the internet
Google’s idea to scan millions of books and make them searchable online seemed audacious when it was announced in 2004.
New quota for 2014 regarding Austrian residence permits for persons of independent means
The quota 2014 regarding residence permits without gainful employment increased slightly.
Amendment of the Austrian Act on Limited Liability Companies ("GmbH"): A lower share capital does not necessarily result in less liability
On 1 July 2013 the Amendment of the Austrian Act on Limited Liability Companies entered into force.
New Rules of Arbitration of the Vienna International Arbitral Centre („Vienna Rules“)
The general reasons which speak in favour of arbitration are known: the choice of a “neutral” forum as well as the receipt of an enforceable and confidential decision.
Google Search – judgment of the German High Court (Bundesgerichtshof-BGH) about the autocomplete functioning
Since 2009 the internet search engine ‘Google’ has been using an autocomplete functioning to support its users.
Constantia Privatbank may be held liable for AWD’s actions again
With regard to investor’s claims for damages plenty of new decisions have been rendered over the last few days.
Austria: New Private Limited Company (PLC) - A legal initiative provides for lower costs of foundation an thus an even more attractive Private Limited Company
The number of new Private Limited Companies (PLCs) has been decreasing in Austria over the last few years (from 12.9% in 2006 to 9.1% in 2011).