Posts tagged #commission
All PostsOGH: Failure to Disclose Relationship Forfeits Commission
Civil LawIn a recent ruling, the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has made it clear that estate agents lose their entitlement to a commission if they fail to disclose in writing and in good time any close family or business relat...
GC Rules on Google AdSense Terms
European LawGoogle will not have to pay a fine after all. The Commission’s decision has been annulled by the General Court. The Commission had fined Google almost EUR 1.5 billion for including anti-competitive clauses in AdSense. Google has operated an advertisi...
OGH: No Commission despite Successful Brokerage?
Civil LawIn order for a broker to be entitled to a commission, the transaction to be brokered must have come about as a result of the broker’s contractual activity, or at least a transaction of the same value as the one to be brokered under the contract must ...
OGH: Credit Brokers Must Inform
Civil LawWhat are the consequences of a credit broker failing to provide proper information about the credit broker’s commission? This was decided by the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH). The claimant had arranged a loan for the ...
European Commission takes steps in the fight against financial crime
European LawWith the help of a total of four legislative proposals, the Commission seeks to improve the regulations on combating money laundering and terrorist financing. The new measures are intended in particular to mitigate the additional risks created by tec...
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