Search results - found 5

Side-Effects of Basel II Implementation
  • Austria
  • 31 July 2007

Some recent legal developments have affected the Austrian securitization and structured finance markets. Amendments to statutory law have created some undesired side-effects of Basel II implementation, not only in the regulatory field, but also potentially in the area of tax.

Supreme Court Ruling: Impact on Hybrid Capital Instruments
  • Austria
  • 19 December 2006

In a recent ruling dealing with jouissance rights the Supreme Court has set out certain limitations on the perpetual nature of jouissance rights that also affect certain hybrid capital instruments. These limitations are particularly relevant in relation to issuances by unregulated corporations where no legal provisions are available to support the perpetual nature of the instruments.

Martin Ebner
Schoenherr
  • Vienna
  • Austria
Ursula Rath
Schoenherr
  • Vienna
  • Austria
Schoenherr
Schoenherr