Mr Peter Konwitschka

Peter Konwitschka


Company & Commercial

Validity of payment of cash consideration to public limited liability company
Austria | June 09 2014

The Supreme Court recently considered the validity of the payment of a cash consideration to a public limited liability company in the course of an increase in its stated capital. The ruling highlights that business transactions that have a substantive and temporal connection with a formal increase of the stated capital must be made under the disclosure and examination rules for contributions in kind.