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New procedural rules at ICC
14.12.2016On 01.03.2017 new procedural rules for ICC arbitration came into force. In the future, the reasons for a decision regarding the challenge of an arbitrator will have to be announced.
Read moreWarranty in the event of incorrect creation of condominium
14.12.2016Generally, a creation of condominium free of faults in every respect is not the subject of performance of a sales contract with an owner who sells his apartment.
Read moreCommitment period of a timeshare contract
14.12.2016In case a consumer concludes a timeshare contract with an entrepreneur it is considered inadmissible to stipulate a long-term commitment without the possibility of ordinary termination for the consumer.
Read moreGmbH & Co KG - Liability of the director of the partner GmbH
14.12.2016In accordance with § 25 GmbHG by analogy, the manager is directly responsible toward the "Komplementär-GmbH", if the "Komplementär-GmbH" acts exclusively in performance of the KG’s management duties.
Read moreLimitation of actions for consequential damages
14.12.2016In the case decided, the debtor is in default with the construction of a hall since several years. For that reason, the creditor sues for damages because of lost rental income.
Read moreExceptional strain of an alternativ method of cancer therapy
14.12.2016In the case decided, a taxpayer suffering from cancer has consulted an alternative practitioner in Germany who has not been licensed in Austria.
Read moreImmoral Compensation clause in the articles of association
14.12.2016In case the memorandum of a GmbH does not contain any compensation clause for departing shareholders, a retiring shareholder is entitled to demand the current market value of his share.
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