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Posts tagged #unconstitutionality

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OGH: Is Section 1159 ABGB Unconstitutional?

Constitutional Law 

The Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has asked the Austrian Constitutional Court (Verfassungsgerichshof, VfGH) to declare unconstitutional the new termination provisions of Section 1159(1) to (4) of the Austrian Civil Co...

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OGH: No Liability after FMA's Failed Banking Supervision

Civil Law 

The Republic of Austria is not liable for any financial losses sustained by bank customers as a result of faulty banking supervision by Austria’s Financial Market Authority (FMA). Any such losses are not covered by the protection afforded through Sec...

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