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Country Chapter for Austria

The Product Regulation and Liability Review addresses the matter of product liability in several pivotal jurisdictions across the globe, delving into potential liability and exposure for manufacturers, along with recent changes to the law in each jurisdiction as a result of new legislation, regulations, court decisions and so on. Each country chapter includes an introduction to the local product liability framework, followed by four key sections:

  • Regulatory oversight
  • Causes of action
  • Litigation
  • The year 2022 in review

The Austria country chapter focuses on the Product Liability Act and, among other things, how it tackles the subject of primary liability in terms of civil law, general tort law, contract law and the concept of contract with protective effect for third parties. To a lesser extent, it discusses the Product Safety Act and how it regulates product safety requirements, the obligations of producers, importers and suppliers, as well as those measures that government authorities must take to protect human life and health from hazardous products.

The full chapter is available at the link below:

The Product Regulation and Liability Review (Tenth Edition): Austria

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11 April 2023

The Product Regulation and Liability Review (Tenth Edition)

Country Chapter for Austria The Product Regulation and Liability Review addresses the matter of product liability in several pivotal jurisdictions across the globe, delving into potential liability and exposure for manufacturers, along with recent changes to the law in each jurisdiction as a result of new legislation, regulations, court decisions and so on. Each country […]...

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11 April 2023

ZBI Group acquires energy self-sufficient landmark project in Graz with legal support from Wolf Theiss

Erlangen/Graz/Vienna, 11 April 2023 – ZBI Zentral Boden Immobilien Group, one of the leading specialists in residential real estate, is launching a new residential construction project with a special focus on sustainability in Graz, together with KS Group as co-developer as part of a joint venture. ZBI was advised by Wolf Theiss on the acquisition […]...

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6 April 2023

Rights and obligations in connection with rent indexation

Rights and obligations in connection with rent indexation In this episode of the Wolf Theiss Soundshot podcast, our two real estate law experts Marion Schimböck and Elisabeth Werginz take a closer look at rent indexation in relation to the current inflation rate in Austria. The majority of tenancy agreements contain value adjustment clauses that entitle […]...

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4 April 2023

Lockerungen bei der Immobilienkredit-Vergabe in Österreich

Die Novelle zur Kredit-Immobilienfinanzierungsmaßnahmen-Verordnung (KIM-VO) ist seit 1 April 2023 in Kraft. Überlegungen des FMSG zum Erfordernis der Lockerung der Immobilienkredit-Vergabe Zur Begrenzung systemischer Risiken aus der privaten Wohnimmobilienfinanzierung ist am 1 August 2022 die Kredit-Immobilienfinanzierungsmaßnahmen-Verordnung (KIM-VO) in Kraft getreten. Auch wenn das Finanzmarktstabilitätsgremium (FMSG) im Rahmen der Presseaussendung zur 35. Sitzung am 13 Februar […]...

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3 April 2023

Wolf Theiss advises Mitiska REIM on the purchase of Europa Centralna retail center in Poland

Warsaw, 3 April 2023 – Europe’s leading specialist investor in convenience real estate, comprising retail parks, urban logistics and multi-let light industrial projects, Mitiska REIM, relied on the legal expertise of Wolf Theiss Warsaw regarding the purchase of Europa Centralna retail center located in Gliwice. Wolf Theiss advised Mitiska REIM on the purchase of Europa […]...

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3 April 2023

Wolf Theiss announces new Managing Partner in Bratislava

Bratislava, 3 April 2023 – Wolf Theiss appoints Katarína Matulníková as new Managing Partner of its Bratislava office. Katarína brings with her two decades of experience and top-tier rankings in employment law – expertise which will also see her head the Employment practice. Wolf Theiss Bratislava celebrated its 20th anniversary last year and is primed […]...

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3 April 2023

New Fairness Opinion Standards of the DVFA and board duties in the context of M&A

Due to the growing and increasingly international market for corporate transactions, the importance of fairness opinions is constantly increasing. The Fairness Opinion of an independent party represents a central tool for company leaders to assess M&A transactions and is also of great relevance for protecting the corporate bodies. Since there are no legal rules for […]...

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30 March 2023

Renalfa acquires three renewable energy companies in Bulgaria from Alpiq with legal support from Wolf Theiss

Sofia, 30 March 2023 – Wolf Theiss advised clean energy investment group Renalfa in the acquisition of Alpiq’s assets and activities in Bulgaria. Wolf Theiss Bulgaria advised Renalfa IPP on the takeover of the operational 72.5 MW Vetrocom wind park from Swiss energy company Alpiq Group, together with two more companies. The transaction, which is […]...

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29 March 2023

Banks in Crisis – Bank Restructuring and Resolution in Theory and Practice

In cooperation with ReTurn (Forum Restructuring and Turnaround) we cordially invite you to a “ReTurn five o’clock tea – keynote speech”. Andrea Gritsch and Zeno Grabmayr will give the lecture on “Banks in Crisis – Bank Restructuring and Resolution in Theory and Practice”. Both have many years of experience in banking advice. Speakers: When & […]...

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24 March 2023

Wolf Theiss advises Meridiam and Magenta Telekom’s Austrian fibre joint venture Alpen Glasfaser on raising EUR 417.5 million in financing

Vienna, 24 March 2023 – Alpen Glasfaser, the fibre joint venture between Austrian leading telecommunications operator Magenta and renowned European investor Meridiam, raised EUR 417.5 million in financing for the roll-out of its high-speed fibre broadband network with legal assistance from Wolf Theiss. The joint venture raised a EUR 412.5 million CAPEX facility and a […]...

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22 March 2023

GEODIS acquires trans-o-flex with legal advice from Wolf Theiss

Vienna, 22 March 2023 – Transport and logistics company GEODIS S.A. relied on legal advice of Wolf Theiss in connection with its acquisition of logistics service provider trans-o-flex, which specializes in the temperature-controlled transport of pharmaceutical and high-tech products. Wolf Theiss supported GEODIS on all Austrian law aspects of the transaction. The team was led […]...

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21 March 2023

Docufy GmbH acquires door2solution Software with legal support from Wolf Theiss

Vienna, 21 March 2023 – Wolf Theiss advised German software provider Docufy GmbH on its acquisition of door2solution Software GmbH. This transaction allows Docufy to enhance its product portfolio with an electronic spare parts management software.  Docufy provides professional software solutions for technical documentation, design and service to the industrial sector, specialising in mechanical, plant […]...

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