Knoetzl

Squeezing Out Minority Shareholders: Vested Interest vs Economic Interest

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…

Media in the Courtroom – Bettina Knoetzl Advocates for the Utilization of Litigation PR Experts

Litigation PR Experts; Media; Courtroom
Plädoyer für eine enge Zusammenarbeit zwischen Anwalt, Mandant und Litigation-PR-Experten Von Bettina Knoetzl

  In a recent article, published in Dispute Resolution magazine, Bettina Knoetzl highlights the importance of the cooperation between clients, legal representatives and litigation PR experts with all involved players when the media is present in the courtroom. The presence of the media and therefore the immediate publicity surrounding an ongoing legal battle leads to…

Liability of Managing Directors of a GmbH for Incorrect Financial Information and “Civil Fraud” – Austrian Supreme Court Ruling 6 Ob 244/17a

Director’s liability is a recurring issue in both the Austrian and German courts. One reason is that, when a company goes into bankruptcy, its receivers and creditors tend to look for alternative sources of funds, especially when the directors are covered by D&O Insurance. In this Austrian case, a buyer of equipment from a company that…

Anlegerschaden im internationalen Verfahrens- und Privatrecht

Beim Thema Anlegerschaden im internationalen Verfahrens- und Privatrecht setzte sich der OGH in jüngster Zeit mehrfach mit der Frage auseinander, welche Gerichte für Ersatzansprüche aus Anlegerschäden (insbesondere in Folge fehlerhafter Kapitalmarktinformationen) international zuständig und nach welchem Recht derartige Ansprüche zu beurteilen sind. Die Fragestellungen verlaufen im internationalen Verfahrensrecht und auch im internationalen Privatrecht weitgehend parallel. Dies gilt insbesondere…