In a recent interview with Trend’s Thomas Martinek KNOETZL’s dispute resolution experts, Katrin Hanschitz (Partner), Thomas Voppichler (Counsel), Bettina Knoetzl (Partner), Florian Haugeneder (Partner) and Patrizia Netal (Partner) discussed the surge of lawsuits in Austria related to antitrust (competition law) violations. Bettina Knoetzl highlights that this surge is due to sustained efforts of the European…

In a recently published decision, the Austrian Supreme Court (“OGH”) clarified and strengthened the rights of suspects in criminal proceedings. It overturned the lower courts’ decisions denying suspects the right to be present at a meeting between the expert witness appointed by the court and the prosecutor. Legal Background on the Right to Have Expert…

When disputes between shareholders escalate, one of the shareholders may be tempted to transfer the business to a new entity. Can the shareholder be stopped if he succeeds in obtaining a majority vote? THE FACTS: In a recent Austrian case, shareholder A (47.5%), sold the assets of a company with limited liability (GmbH) shortly after…

How far-reaching is the concept that “any person” who suffered cartel-related damages is entitled to claim compensation? Can public institutions who subsidized market participants also recover their losses from the cartel members? The Austrian Supreme Court asks the European Court of Justice (ECJ) for clarification. ELEVATOR CARTEL Civil liability cases stemming from the so-called elevator cartel…

In a high-profile case of global interest, the Austrian Constitutional Court ruled on the Squeeze Out Act (the “Act”)  that was introduced in 2006. The Act, on its face, permits a squeeze-out of minority shareholders by shareholders holding at least 90% of the shares. Conspicuously over and above the EU requirements on squeeze-outs in takeovers, under…