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European Union › Austria

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Ius Laboris

Austria implements EU Transparency Directive

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On 27 March 2024, Austrian legislation was published transposing the European legal requirements of the so-called Transparency Directive into national law....more

Dechert LLP

Dechert's International Capital Markets Team In Conversation With...

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Vienna Stock Exchange - In the latest issue of Dechert’s international capital markets team’s “In Conversation With…” series, partner Jennifer Rees and associate Kerenza Kerslake sit down with Matthias Szabo and Dimitrios...more

Bergeson & Campbell, P.C.

Austrian Academy of Sciences Publishes NanoTrust Dossier on the Regulation and Safety Assessment of Nanomaterials in Cosmetics in...

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In August 2023, the Institute of Technology Assessment of the Austrian Academy of Sciences published a NanoTrust Dossier entitled “Nanomaterials in cosmetics — regulation and safety assessment in the EU.” The dossier states...more

Constangy, Brooks, Smith & Prophete, LLP

European Court of Justice rules on compensation and right to access under GDPR

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The European Court of Justice has issued two important decisions interpreting the European Union’s General Data Protection Regulation. One addresses the right to compensation for GDPR violations, and the other addresses the...more

NAVEX

EU Whistleblowing Protection Directive – Austria Updates

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Whistleblowing is an important mechanism to uncover and prevent illegal or unethical activities within an organization. To strengthen the protection of Whistleblowers across member states, the European Union adopted the...more

Orrick, Herrington & Sutcliffe LLP

Court of Justice of the European Union holds non-material damages stemming from unlawful data processing may be eligible for...

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On May 4, the Court of Justice of the European Union (CJEU) issued a judgment concluding that while not every infringement of the EU’s data protection law gives rise, by itself, to a right to compensation, non-material damage...more

Orrick, Herrington & Sutcliffe LLP

CJEU Denies a Minimum Threshold for Raising Non-Monetary GDPR Damage Claims

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On 4 May 2023 the European Court of Justice ("CJEU") published its decision (case no. C-300/21) in which it ruled that not any infringement of the General Data Protection Regulation ("GDPR") triggers the right to compensation...more

NAVEX

EU Whistleblowing Directive Update – March 2023

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Our March EU whistleblowing updates webinar explored recent whistleblowing developments and essential actions for effective whistleblowing practices. It also covered new updates specific to the Austrian transposition of the...more

White & Case LLP

Foreign direct investment reviews 2023: A global perspective

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Now in its seventh year of annual publication, White & Case's Foreign Direct Investment Reviews provides a comprehensive look into rapidly evolving foreign direct investment (FDI) laws and regulations in approximately 40...more

White & Case LLP

At Mid-year, US Merger Filings Down From 2021's Torrid Pace, But Still Far Above the Historic Average

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...Key Highlights - According to WAMS data, US merger control filing activity has cooled off: H1 2022 merger filing activity is down 23 percent versus H1 2021. However, US HSR filings in H1 2022 are 47 percent above the...more

Latham & Watkins LLP

CJEU AG Sets High Bar for Responses to Data Subject Access Requests

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The Advocate General argues that organisations should provide individuals with information on the specific recipients of their personal data. Advocate General Giovanni Pitruzzella (AG) of the Court of Justice of the...more

Benesch

Google Analytics Ruled Unlawful by Austrian Data Protection Authority Under the GDPR and Schrems II Decision

Benesch on

More, possibly similar decisions are expected in the coming months, throwing cross-Atlantic data transfers and trade into doubt as diplomats seek a Privacy Shield replacement. In late December, the Austrian Data...more

White & Case LLP

German and Austrian competition authorities publish updated joint guidance on transaction value thresholds

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The German Bundeskartellamt and the Austrian Bundeswettbewerbsbehörde have updated their joint guidance on the application of their respective transaction value thresholds for mandatory merger notifications (the "Guidelines")...more

International Lawyers Network

Bankruptcy, Insolvency & Rehabilitation Proceedings in Austria (Updated)

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KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER AUSTRIAN LAW - 1. Introductory Remarks on Austria’s Legal System - Austria has a civil law system, as opposed to the common law system of e.g., the...more

White & Case LLP

DACH dealmaking powers ahead in 2021

White & Case LLP on

Traditionally a powerhouse of European M&A, the DACH region—D for Germany, A for Austria and CH for Switzerland—did not disappoint in the first three quarters of the year. A total of 1,113 announced deals valued at...more

McDermott Will & Emery

Investing in European Healthcare - What's on the Horizon for 2022? - Regulatory and Legal Changes

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Today’s global healthcare marketplace is marked by unprecedented transformation. The seismic shifts in healthcare delivery and drug development during COVID-19 have, in 2021, continued to demonstrate the power and capacity...more

King & Spalding

Q2 2021: Latin America Enforcement Review

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This summary is part of our regular reporting of trends and developments related to investigations and enforcement activity into fraud, corruption, and other misconduct by authorities in the United States and the Americas and...more

Latham & Watkins LLP

Austrian Court Submits Questions on GDPR Civil Damages Claims to CJEU

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The CJEU’s decision is likely to have significant implications for ongoing and future proceedings for damages claims under Art. 82 GDPR. On April 15, 2021, the Austrian Supreme Court (OGH) referred key questions...more

Husch Blackwell LLP

USTR Announces And Immediately Suspends Section 301 DSTs Tariffs Against Austria, India, Italy, Spain, Turkey, And UK

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The United States Trade Representative (“USTR”) Katherine Tai announced 25% additional tariffs on approximately $2 billion worth of imported goods from Austria, India, Italy, Spain, Turkey, and the United Kingdom (“UK”),...more

Vinson & Elkins LLP

The Peer-Pressure Probe: European Commission To Review Facebook’s Acquisition Of Kustomer Following Requests From Member Nations

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On May 12, 2021, the European Commission (“the Commission”) announced that it will review Facebook’s proposed acquisition of customer relationship management (“CRM”) startup, Kustomer. While the deal failed to trigger the...more

Dechert LLP

Rothy’s v Giesswein – English Court leaves a lasting mark on EU Community design rights

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In what is likely to be the final judgment of an English Court as a Community Design Court, the Intellectual Property Enterprise Court (“IPEC”) has ruled that Austrian shoe manufacturer Giesswein infringed the registered...more

Dechert LLP

Increased regulatory scrutiny of foreign direct investments in the healthcare sector

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Key Takeaways - - Foreign Direct Investment (FDI) controls are proliferating around the globe. Since the pandemic, “health” has become a particular focus.  - Several countries have adapted their existing FDI rules, or...more

Latham & Watkins LLP

COVID-19: EU State Aid Granted to the Aviation Sector

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Austria has reportedly agreed to grant to Austrian Airlines €600 million to secure its future operation as a network carrier in Vienna. The aid consists of a 90% state-guaranteed loan (€300 million) and a direct grant (€150...more

International Lawyers Network

Bankruptcy, Insolvency & Rehabilitation Proceedings in Austria (Updated)

International Lawyers Network on

KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER AUSTRIAN LAW - 1. Introductory Remarks on Austria’s legal system - Austria has a civil law system, as opposed to the common law system of, e.g., the...more

Seyfarth Shaw LLP

Seyfarth Global Immigration Update: June 2020

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Austria - Border Reopening and Immigration Procedure Updates Announced - On May 13, 2020 the Austrian government announced its agreement with France, Germany, and Switzerland to coordinate the reopening of their mutual...more

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