Executive Summary: The Austrian Supreme Court has recently provided guidance on how to structure cash pooling arrangements so that the risk of violation of the strict Austrian capital maintenance rules is minimized. In essence, the decision indicates that if there is sufficient commercial justification; no special default risk that could prove an existential risk to…

The International Bar Association (IBA), the Vienna International Arbitration Center (VIAC) and the European Law Student’s Association have joined forces to establish an international student competition for mediation – the Consensual Dispute Resolution Competition (CDRC).  This year’s competition has now, again, taken place in Vienna. With the mission to create a platform that connects the…

Diversität wird bei KNOETZL gross geschrieben, wie auch die renommierte deutsche Zeitschrift  “Handelsblatt” in ihrer kritischen Analyse des österreichischen Marktes feststellt: „Seit Gründung der Sozietät mit rund einem Dutzend Berufsträgern Anfang 2016 wächst ihre Kanzlei kontinuierlich. Inzwischen hat sie sich personell verdoppelt und ist auf dem Markt fest etabliert – nahezu ausgeglichen besetzt mit männlichen…

EU’s largest trade agreement ever concluded on 28 June 2019: the EU and the Mercosur brought to fruition the long-standing negotiations on a comprehensive trade agreement between the EU and the Mercosur (the “Association Agreement”). The Mercosur is an economic block covering Argentina, Brazil, Paraguay and Uruguay. The largest treaty of its kind for the…

A GmbH, i.e. a company with limited liability, is a favoured form of corporate entity in both Austria and Germany. While stock corporations (Aktiengesellschaften, AG) are required for certain purposes – such as if the company is to be listed, if it is a bank, insurance company or is engaged in other regulated industries –…