Recent amendments to the Austrian Anti-Trust Act in May 2017 aim to enhance private enforcement. What has changed? In short: Improved access to confidential information for claimants / new disclosure rules Presumption that the cartel caused harm Passing-on defence effective / preferential treatment for claims from indirect purchasers, Longer limitation period. For more, please click…

If employees make mistakes, to what extent is the managing director liable for the consequences? Under general principles of Austrian law, if the victim (here: the GmbH) of a culpable act also acted negligently, this will proportionally reduce the damages for which the tortfeasor (here: the managing director) can be held liable.  The fall-back rule…

On the occasion of the annual Willem C. Vis International Commercial Arbitration Moot in Vienna, KNOETZL hosted a cocktail reception in attendance of the founder and president of the VIS Moot Prof. Eric Bergsten. As in the past year, the reception was exceedingly well attended, with countless guests eager to enjoy the exceptional location and,…

Leading lawyers from civil and common law background shared their insights at the Workshop on Advocacy and Persuasion in International Arbitration co-organized by Omnia Strategy and KNOETZL. The panel featured Cherie Blair (Chair of Omnia Strategy), Florian Haugeneder (KNOETZL), Dietmar W. Prager (Debevoise & Plimpton), Stephan Wilske (Gleiss Lutz), and was moderated by Ema Vidak…

On 31 March 2017, KNOETZL partner Florian Haugeneder spoke at the Belgrade Arbitration Conference organised by the University of Belgrade’s Faculty of Law. Florian’s presentation was about the “Assessment of Claims in M&A Arbitrations”. His main proposition was that the quantification of claims in typical M&A arbitrations was often not fully in line with the…