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Posts tagged #severance pay

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Managing Directors Not Obliged to Arrange Preparations in Case of Sole Shareholder-Director's Death

Civil Law 

The unexpected death of a sole shareholder and managing director presented a limited liability company (GmbH) with considerable organisational challenges, which is why the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) considered the ...

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OGH on the Recovery of Severance Pay

Civil Law 

In the interest of legal certainty, Section 1486 of the Austrian Civil Code (Allgemeines bürgerliches Gesetzbuch, hereinafter ABGB) reduces the general 30-year limitation period to three years for certain claims, in particular those arising from dail...

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OGH on the Abuse of Divorce Rights

Civil Law 

The Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has ruled on the question of whether a repeated marriage and divorce from the same spouse constitutes an abuse of rights. Among other things, the exercise of a right is considered to ...

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