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Posts tagged #withdraw

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No Penalty If the Insolvency Administrator Withdraws

Civil Law 

In a recent decision, the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) examined the permissibility of enforcing a contractual penalty clause in a case where an insolvency administrator elected to withdraw from a contract. In main in...

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TOIL Agreements: Austrian OGH Limits Employees Rights to Withdraw

Labour Law 

A works council brought an action against a hospital with the aim of establishing that employees may withdraw from the time-off-in-lieu (TOIL) agreement in the event of illness. The employer argued that time off in lieu merely represents a redistribu...

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