Search results - found 972

Hungarian authorities deem device mark SPIRIT to be misleading
Danubia Patent and Law Office LLC
  • Intellectual Property
  • Hungary
  • 03 August 2020

The Hungarian Intellectual Property Office (HIPO) recently issued ex officio a provisional refusal to register the international device mark SPIRIT in Hungary, holding that it was misleading because the word 'spirit' means alcohol, whereas the goods in Class 32 include mineral water, beer and soft drinks, which are not hard liquors. The Metropolitan Tribunal subsequently confirmed the HIPO's conclusion.

Supreme Court scrutinises decision awarding costs to losing party
Graf & Pitkowitz Rechtsanwalte GmbH
  • Arbitration & ADR
  • Austria
  • 16 July 2020

The Supreme Court recently considered whether a final arbitral award on the reimbursement of costs violated Austrian public policy. The claimant had ultimately succeeded in the arbitration conducted under the rules of the International Court of Arbitration of the International Chamber of Commerce. Nevertheless, the cost decision ordered it to reimburse the respondent's costs. The Supreme Court dismissed the claimant's request to set aside the cost decision.

COVID-19 pandemic and banking in Austria – lessons learned?
Schima Mayer Starlinger
  • Banking & Financial Services
  • Austria
  • 14 July 2020

A significant part of Austria's COVID-19 subsidy programme was structured as government guarantees for bridging loans to be granted by banks to provide the economy with liquidity. Now, less than three months after the start of the programme, small and medium-sized enterprises regard this approach as disastrous, with many complaining that the granting of loans has been slow and cumbersome, despite the state guarantee, if a loan has been granted at all.

COVID-19 Phase 2 and environmental procedural law
Schoenherr
  • Environment & Climate Change
  • Austria
  • 06 July 2020

Section 3 of the Administrative COVID-19 Accompanying Law adapts the requirements for official acts and public communication with authorities to reflect the restricted freedom of movement and contact. This article examines how the revised version of Section 3 affects environmental law procedures (eg, water, environmental impact assessment, waste, construction and conservation).

Consultations on TAR NC and second amendment to Gas System Charges Ordinance
Schoenherr
  • Energy & Natural Resources
  • Austria
  • 22 June 2020

EU Regulation 2017/460 established a network code on harmonised transmission tariff structures (TAR NC). On 31 January 2019 E-Control – Austria's national regulatory authority – published its consultation document on the implementation of the TAR NC in Austria. This article discusses the subsequent developments.

Continued remuneration during COVID-19 pandemic
Graf & Pitkowitz Rechtsanwalte GmbH
  • Employment & Immigration
  • Austria
  • 13 May 2020

The COVID-19 pandemic has caused employers to use various methods to support employees and maintain business performance. Old and new legal remedies provide for continued payment of salaries (and in some cases also corresponding grants to employers) if performance of work is impossible. This article outlines the routes that employers and employees can take where normal working is impossible, such as sick leave and care leave to look after sick children.

COVID-19: short-time work
Graf & Pitkowitz Rechtsanwalte GmbH
  • Employment & Immigration
  • Austria
  • 06 May 2020

Austria pioneered short-time work schemes. Introduced in 1949 and overhauled in 2008 and 2009 during the financial crisis, the Austrian short-time work scheme has recently been further adapted to the particular needs of the COVID-19 crisis. This article examines who is eligible for the short-time work scheme and what subsidies are available.

Implications of COVID-19 for legal procedures under Austrian Environmental Law
Schoenherr
  • Environment & Climate Change
  • Austria
  • 04 May 2020

In the context of local and personal COVID-19 quarantine measures – and the associated absences of officials and affected persons – a federal law (COVID-19-VwBG) was passed setting out special procedural regulations for administrative authorities, administrative courts, the Supreme Administrative Court and the Constitutional Court. This article discusses the implications for the legal procedures set out in the Environmental Law resulting from the new temporary COVID-19-VwBG.

COVID-19: telecoms and data protection developments
Schoenherr
  • Tech, Data, Telecoms & Media
  • Austria
  • 01 May 2020

Due to the COVID-19 pandemic, telecoms providers must now send mass alerts (eg, regional access prohibitions) via text message on order of the government and provide traffic and location data for the purposes of evaluating whether individuals are complying with quarantine orders. In addition, a number of legislative developments have taken place with respect to data protection. This article outlines these recent changes.

COVID-19 and business: force majeure
Allen & Overy LLP
  • Corporate & Commercial
  • Slovakia
  • 27 April 2020

Within the framework of commercial relationships, the question has arisen as to whether the COVID-19 pandemic may be considered a force majeure event and, if so, what impact this could have on contractual obligations. Notably, the occurrence of a force majeure event does not automatically relieve the liability to fulfil an obligation.

Volkswagen emissions scandal: Supreme Court refers questions to ECJ
  • Litigation
  • Austria
  • 21 April 2020

The Supreme Court recently decided to refer certain important questions regarding the Volkswagen emission manipulation scandal to the European Court of Justice (ECJ) for a preliminary ruling under Article 267 of the Treaty on the Functioning of the European Union. The Supreme Court's assessment of the case and its decision to refer it to the ECJ have revealed other aspects of the scandal and opened the door for a decision by the ECJ which could alter the course of similar pending cases before national courts in Europe.

COVID-19 measures may entitle tenants to rent reductions
Graf & Pitkowitz Rechtsanwalte GmbH
  • Real Estate
  • Austria
  • 03 April 2020

In an effort to reduce the spread of COVID-19, the government has ordered all shops and service providers, except those providing certain vital services, to close to customers from 17 March 2020 until 13 April 2020. The closure of shops may entitle tenants to reduced rent and ancillary costs. However, it does not entitle tenants to terminate their lease for cause. This article sets out guidance for affected tenants and landlords.

Banking regulation in Croatia – an overview
Macesic & Partners
  • Banking & Financial Services
  • Croatia
  • 27 March 2020

This article provides an overview of banking regulation in Croatia, including which authorities govern banking regulation and what the central bank's role is therein, the type of licence required to conduct banking services and what the application process is like, the forms of bank which can operate in Croatia and how are they regulated and how the Croatian regulatory regime distinguishes between different forms of bank.

Failing banks – first application of new deposit guarantee scheme
Schima Mayer Starlinger
  • Banking & Financial Services
  • Austria
  • 13 March 2020

An insolvency proceeding was recently opened for the assets of Anglo Austrian AAB AG. This was the last step in a long-lasting dispute between the bank and Austrian and EU regulators, leading to the revocation of the bank's licence. This case is notable because it is the first application of the newly enacted deposit guarantee scheme and was expected to be the first application of the insolvency provisions under the Federal Act on the Recovery and Resolution of Banks.

Leucopenia medicine and reimbursement code
Preslmayr Attorneys at Law
  • Healthcare & Life Sciences
  • Austria
  • 11 March 2020

A landmark Supreme Administrative Court decision concerning Onpro Kit, a medicine for treating chemotherapy-induced leucopenia, provides further clarity on the inclusion of medicines in the Main Association of Austrian Social Security Institutions' reimbursement code. The court examined the special circumstances in which a medicine is inappropriate for use in the course of medical treatment because it is designated for use predominantly in hospital treatments.

Austria, EU privacy and the ongoing Schrems v Facebook case
  • Litigation
  • Austria
  • 10 March 2020

The Vienna Regional Court for Civil Matters recently closed the oral hearing in the data protection case brought against Facebook by European privacy group None of Your Business. During the hearing, Facebook's European privacy director faced questions centring on matters of data control regarding the social media platform. The pending decision of the court foreshadows further disputes on Europe's role in setting new standards by which internet activity is to be regulated.

New opportunities for renewable energy: Austrian government programme 2020 to 2024
Schoenherr
  • Environment & Climate Change
  • Austria
  • 24 February 2020

Austria's new coalition government consisting of the People's Party and the Green Party recently published its programme for the legislative period 2020 to 2024. The programme is called Taking Responsibility for Austria and should make Austria a pioneer in climate protection. The Paris Agreement climate targets are to be met at all costs, while the Climate Protection Act should ensure that Austria does not exceed its CO2 budget.

New government programme sets course for expansion of renewable energies
Schoenherr
  • Energy & Natural Resources
  • Austria
  • 24 February 2020

The new government composed of the Austrian People's Party and the Green Party recently presented the government programme for 2020 to 2024, which contains comprehensive measures to promote the expansion of renewable energies. Accordingly, the Renewable Energies Expansion Act, which has been planned for a long time and was drawn up under the penultimate government, is to be enacted as quickly as possible.

Calculating share of Russian immovable property for corporate income tax purposes
Gorodissky & Partners
  • Corporate Tax
  • Russia
  • 21 February 2020

At the end of 2019, the Federal Tax Service issued clarifications on calculating the share of Russian immovable property in the indirect sale of such property for corporate income tax purposes. The clarifications are especially relevant as the Russian tax authorities' powers have grown following the signing and ratification of a number of international agreements on the exchange of tax information in recent years.

Digital health: proposal to amend Health Telematics Act
Preslmayr Attorneys at Law
  • Healthcare & Life Sciences
  • Austria
  • 19 February 2020

The Ministry of Health recently provided Parliament with a draft amendment to the Health Telematics Act for public consultation. The proposal aims to remedy a number of challenges relating to Austria's existing immunisation system through the introduction of electronic immunisation cards and a central register of vaccinations.

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