Posts tagged #company

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A Trust Agreement by Itself Is Not Circumvention

Civil Law 

A sale of real estate to a company not governed by the Tyrolean Real Estate Transfer Act (Tiroler Grundverkehrsgesetz, hereinafter TirGVG) as a foreign entity is not deemed circumvention solely because the purchaser may provide a third-country nation...

OGH: Shareholders Can Oppose Deletions from Commercial Register

Corporate Law 

The Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has recently granted shareholders party status in proceedings concerning the official deletion of a public limited company (GmbH) from the commercial register. As a result, they now h...

Germany’s DiRUG: More Efficient Data Transmission in the EEA

Corporate Law 

The Act on the Implementation of the Digitalisation Directive (Gesetz zur Umsetzung der Digitalisierungsrichtlinie, DiRUG) is due to come into force in Germany on 1 Au-gust 2022. The DiRUG will implement Directive (EU) 2019/1151 with regard to the us...

EU Commission: Temporary Crisis Framework for economic support

European Law 

The European Commission has adopted an addition to state aid law due to Russia's invasion of Ukraine. The Temporary Crisis Framework is intended to provide new possibilities for member states to support businesses, in coordination with existing state...

OGH on the misleading nature of a company name

Corporate Law 

If companies are located in the same place or the same municipality, the distinctiveness as a question of the concrete capacity to mislead is not to be examined according to Section 18 para 2 of the Austrian Commercial Code (Unternehmensgesetzbuch, U...

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