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Client Alert

22 April 2020

Das neue BVergG 2017 – Begutachtungsentwurf veröffentlicht!

Der Begutachtungsentwurf für das Bundesvergabegesetz 2017 ("BVergG"), mit dem das EU-Richtlinienpaket 2014 (siehe ABl Nr. L 94 vom 28.3.2014) nun (endlich) umgesetzt werden soll, liegt nun vor....

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22 April 2020

Der Beginn der Verjährungsfrist nach § 1489 ABGB

Binnen weniger Monate beschäftigte sich der OGH im Jahr 2017 mit der Frage des Zeitpunkts des Beginns der Verjährungsfrist für Schadenersatzforderungen. Grundsätzlich gilt, dass eine Schadenersatzforderung drei Jahre nach Kenntnis des Schadens und des Schädigers verjährt, die allgemeine Verjährungsfrist beträgt dreißig Jahre....

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22 April 2020

Important changes into Romanian competition law – An overview

On 8 June 2017, Emergency Government Ordinance 39/2017 ("EGO 39") entered into force and brought a number of important changes to the Romanian Competition law. The EGO transposes the EU Damages Directive (2014/104/EU) into Romanian law and introduces a number of other changes into Romanian competition law, including inter alia: (i) a specific obligation incumbent upon modern retailers to provide, (upon request), information to the Competition Council regarding their resale prices; (ii) additional powers of the Romanian Competition Council ('RCC') during dawn raids....

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22 April 2020

Update on mandatory electronic mailboxes for legal entities

As of 1 August 2016, the Slovak Republic instituted the mandatory use of electronic mailboxes (accounts) (hereinafter the "emails") for legal entities. The obligation was introduced by Act No. 305/2013 Coll., on e-Government as amended (hereinafter the "Act on e-Government"), whereby the respective state authority was obliged to activate the emails by 1 August 2016 without any further conditions....

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22 April 2020

The horizontal merger guidelines introduced by the Ukrainian competition authority

Ukrainian competition law and practice continues to improve. This also includes the actual practice of law application, interpretation and clarification by the Ukrainian competition regulator – the Antimonopoly Committee of Ukraine (the "AMC")....

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22 April 2020

ImmoEst und Hauptwohnsitzbefreiung – Was ist neu?

Die Hauptwohnsitzbefreiung bei Immobilienverkäufen wurde von der Finanz unter Berufung auf die Einkommensteuerrichtlinie nur bis zu einer Grundstücksfläche von 1.000 m² gewährt. Darüber hinausgehender Grundbesitz unterlag nach Ansicht der Finanz der Immobilienertragsbesteuerung....

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22 April 2020

Reminder regarding deadline in Romania for risk analysis for physical security: July 1st, 2017

According to the Government Decision no. 301/2012 on the approval of the Methodological Norms for the application of Law no. 333/2003 regarding the safeguarding of objectives, assets, valuables and protection of individuals ("GD no. 301/2012"), certain entities that hold assets or other valuables regardless of the title are required to ensure proper security measures for those assets/valuables....

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22 April 2020

Further pieces of MiFID II puzzle fall into place

TECHNICAL STANDARDS BECOME EFFECTIVE As 3 July 2017 gets closer, and January 2018 is also approaching rapidly, the regulators and the in-scope firms across Europe are well advanced in their efforts for transposing MiFID II....

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22 April 2020

How efficient are investment opportunities for the production of electric energy from renewable energy sources?

Bosnia and Herzegovina (BiH) consists of two separate entities, the Federation of Bosnia and Herzegovina (FBiH) and the Republic of Srpska (RS), as well as one autonomous district under the sovereignty of the state, the Brcko district (BD)....

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22 April 2020

The Austrian authorities have requested information on UBS account holders resident in Austria

The Austrian authorities have requested information from the Swiss Federal Tax Administration on UBS account holders resident in Austria, to check if UBS clients fulfilled their tax obligations under Austrian law. According to a notice published today, any person holding an account or who was the beneficial owner of such an account between 2006 and 2008 shall contact UBS....

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22 April 2020

Host provider liability for hate speech posts and obligation to deliver user data

No liability of host providers for unlawful content of internet-users in case of timely deletion of hate speech posts | Obligation to deliver user data in case conviction is possible or not totally excluded...

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22 April 2020

Planned launch of Polish REITs in 2018

Real Estate Investment Trusts (REITs) permit investors (including small ones) to participate in the real estate market in a tax-advantaged manner. The REIT structure first appeared in the United States in 1961. It was introduced to Europe by way of REIT legislation passed in the Netherlands in 1969....

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