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6 September 2022

Artificial intelligence and the future of IP rights

Clear and effective regulation of IP rights for AI is greatly needed at the EU level The effective regulation of IP rights for AI systems and the creations of AI systems is critically important beyond just the need for legal clarity, because it can directly affect the motivation of market participants to innovate. Due to […]...

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5 September 2022

Shareholder rights and activism in Austria

I. Overview In 2021, global activity was below the activity levels of previous years, whereas activist campaigns in the US (corresponding to 55 per cent of global campaigns) increased from 2020 by 10 per cent. Following a record level in 2020, Europe registered 50 new campaigns in 2021, down 12 per cent year-on-year.2 Globally, M&A […]...

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24 August 2022

Telemedicine – the future of healthcare in Central and Eastern Europe

Telemedicine has been growing in Central and Eastern Europe (CEE) for years, but the pandemic was a catalyst for more rapid progress in tech and healthcare practices, with limited regulatory reforms. High levels of digitalisation in the region, innovative local companies and an ageing population will lead to further leaps forward, with benefits for patients […]...

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23 August 2022

European Health Data Space: the future of health data access and sharing in the EU

By Ira Peric Ostojic and Sara Pavlovic The Covid-19 pandemic has highlighted the need to have timely access to and sharing of health data, which has in turn encouraged legislative developments at the EU level, including the recently published proposal of the first domain-specific EU data space – European Health Data Space (EHDS). The EHDS […]...

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22 August 2022

Digitalisation – the trigger for a new era in international tax?

How the Two-Pillar Solution will change where companies pay their taxes The OECD and the G20 are promoting a fundamental rewrite of the rules governing the taxation of the world’s digital giants. What is the connection between digitalisation and taxation? The world’s largest, most valuable and most profitable businesses are digital businesses. Their rise took […]...

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19 August 2022

The metaverse: ownership of virtual properties and objects in the “new reality”

As the business of the metaverse grows, so do the legal questions around it With the increasing popularity and acceptance of the metaverse, as well as the sale of crypto properties and items, we are confronted with the question of the type of ownership associated with them and to what extent the owner is entitled […]...

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10 August 2022

Optimisation of labour relations in Ukraine during martial law

Ukrainian martial law continues to undergo reform and development. In this regard, the Law of Ukraine “On Introducing Amendments into Certain Laws Regarding the Optimisation of Labour Relations” of 19 July 2022 (the “Law”) has introduced the following developments highlighted below. (1) Employers have become exempt from an obligation to pay an average salary to […]...

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29 July 2022

A booster shot of compliance for companies in Central and Eastern Europe

Companies focus on compliance as corporate criminal liability prosecutions increase The increased focus of companies in Central and Eastern Europe (CEE) in tackling largescale corruption through corporate criminal liability has resulted in an increasing number of companies being prosecuted each year. Companies have, therefore, been paying closer attention to their compliance efforts. This article discusses […]...

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11 July 2022

Crypto assets – what trustees and family offices need to know

Introduction It is a typical scenario: there are younger beneficiaries who want investments to be made into crypto assets, an asset class which did not exist a decade ago, which has a low correlation with traditional assets, which is highly volatile and about which the beneficiaries are very enthusiastic. There are older trustees and board […]...

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9 June 2022

Public M&A in Austria 2022

Structures and applicable law Types of transaction How many publicly listed businesses combine? By far the most important transaction structure in Austria in practice remains the acquisition of a (controlling) stake,combined with, or followed by, a public tender offer. More recent takeover practice has seen the use of businesscombination agreements (eg, Vonovia/BUWOG and, with the […]...

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8 June 2022

Restructuring frameworks undergoing change

↓ Part I: Cross-border recognition of restructuring proceedings – Amendment to the European Insolvency Regulation ↓ Part II: Implementation of the Restructuring Directive ↓ Croatia: paving the way for restructuring ↓ Hungary: sneak peek at the new restructuring regime ↓ Romania: implementation of the Restructuring Directive ↓ Slovakia: latest changes to insolvency legislation ↓ Slovenia: […]...

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7 June 2022

Government Procurement Review: Austria

Providing context for critical legal developments in the field of procurement law The Government Procurement Review: Austria provides an annual survey of the most consequential legal developments in government procurement and their practical impact on contractors, suppliers and service providers. It offers insightful analysis of the key features of the procurement regime in Austria in […]...

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