Austria: Directors and Officers

Restructuring & Insolvency Comparative Guide for the jurisdiction of Austria, check out our comparative guides section to compare across multiple countries

Corporate sustainability and ESG are of great importance for management decisions.

Der Bekl war seit 1989 einer von zuletzt drei Geschäftsführern der Kl, die Ende 2015 Opfer eines sog Fake President Fraud (FPF) wurde. Beim FPF handelt es sich um eine Betrugsmethode, ...

The new EU Market Abuse Regulation (MAR) will take direct effect across EU member states from 3 July 2016 onwards.

Modelled on Sec 93 para 1 of the German Stock Corporation Act, a 2015 reform of the Austrian Criminal Code introduced a "Business Judgement Rule" into the Austrian Stock Corporation Act and the Limited Liability Companies Act.

The fight against corruption has intensified over the past few years in Austria, highlighting the importance of corporate compliance.

The last few months were dominated by out of control stock markets and a previously unseen liquidity crunch.

Some things never change, do they? In fact, they do. The 2009 Stock Corporation Amendment Act (Aktienrechtsänderungsgesetz; AktRÄG) has not only implemented a number of important changes to the provisions of the Stock Corporation Act (Aktiengesetz; AktG) governing shareholders’ meetings of Austrian Stock Corporations.

In times of economic crisis, the special rules of the Austrian Takeover Act (TA) applicable to distressed companies would be expected to gain in importance.