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Eminent CEE law firm Schoenherr structurally implements Artificial Intelligence

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Austria/Czech Republic: Schoenherr advises on sale of VAMED's rehabilitation business

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Starthilfe für Österreichs Wasserstoffproduktion

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to the point: technology & digitalisation | 04/2024

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As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.

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Hungary: Schoenherr advises Fiberhome on its business setup and acquisition of industrial site

Schoenherr advised Chengdu Datang Communication Cable Co., Ltd, a member of the Fiberhome Group, on the establishment of its Hungarian subsidiary, Zettanet Kft., and the acquisition of a 25,000 sqm industrial site in Kisbér, Hungary.

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press release

15 May 2024

A.Popp A.Salajan

Eminent CEE law firm Schoenherr structurally implements Artificial Intelligence

Elite law firm Schoenherr, which has a strong presence in 14 Central and Eastern European countries, has entered a strategic partnership with Harvey, the leading generative AI platform for the legal industry, backed by OpenAI, Sequoia Capital and Kleiner Perkins.

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press release

Poland: Schoenherr advises Santander Bank Polska on financing agreement for OEX's acquisition of Loyalty Point sp. z o.o.

Schoenherr advised on facilitating a financing agreement between Santander Bank Polska and OEX, a publicly listed company, for the acquisition of a majority stake in Loyalty Point sp. z o.o.

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legal insights

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Tips & tricks to ensure legal validity of a design registration

What do the terms "novelty" and "individual character" mean and why are they so important?

As mentioned in our blog post of 23 April 2024 (link), several criteria must be met to ensure the legal validity of a design registration.

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newsletter

16 May 2024

austria

P.Barabas

Starthilfe für Österreichs Wasserstoffproduktion

Der Ministerrat hat eine Regierungsvorlage zum Wasserstoffförderungsgesetz (WFöG) beschlossen. Es soll der österreichischen Wasserstoffproduktion Starthilfe leisten, indem die Produktion von erneuerbarem Wasserstoff gefördert wird. Ein Anschub ist auch erforderlich, um bis 2030 die in der österreichischen Wasserstoffstrategie vorgesehene Installation von 1 Gigawatt Elektrolysekapazität zu erreichen. Das Mittelvolumen wurde gegenüber dem Ministerialentwurf mehr als verdoppelt. Insgesamt stellt der Bund 820 Millionen Euro für wettbewerbliche Auktionen in den Jahren 2024 bis 2026 bereit.

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newsletter

Austria: Verbandsklagen-Richtlinie-Umsetzungsnovelle - VRUN 

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newsletter

Key takeaways from year one of the Slovak FDI regime

The first comprehensive Slovak foreign direct investment (FDI) screening regime entered into force on 1 March 2023. Now that the first year of this new FDI regime is behind us, below we summarise the key takeaways based on our practical experience with this law.

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publication

to the point: Tax News Österreich | 01/2024

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publication

Drohende Vermögenssteuer(n): Vermögensplanung und -vorsorge so wichtig wie noch nie?

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roadmap

Austria's sustainability-linked bond market: a snapshot

In 2023 we advised a client in connection with the issuance of the first sustainability-linked bond by an Austrian corporation placed among international institutional investors as well as Austrian retail investors. Its main feature is that the coupon for the last year of the term will increase if one or both predefined step-up events linked to the issuer's sustainability targets occur.

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roadmap

Consumer Credit Directive II: consumer credit legislation for the digital age

A 2020 review of the Consumer Credit Directive (2008/48/EC) ("CCD I") by the European Commission (EC) found that CCD I has been only partially effective in ensuring a high level of consumer protection.

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roadmap

Trade creditor liability risks in arrangements with distressed companies in Austria

In our practice, we have found that the most common reason for distressed companies to initiate reorganisation measures is a severe liquidity squeeze.

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