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Schoenherr Attorneys at Law
By Matthias Pressler
The revised Payment Services Directive (PSD2), applicable since 13 January 2018, has paved the way for Open Banking. Open Banking describes a shift from a closed model of banking to one in which
By Christopher Jünger
The amendment of the Austrian Law on the Ultimate Beneficial Owners Register (Wirtschaftliche Eigentümer Registergesetz) ...
By Christoph Haid
On 6 November 2019, the German Cartel Office and the French Competition Authority published a joint report on the competition risks resulting from the use of algorithms (the "Report").
By Serap Aydin
The Sale of Goods Directive will apply to sales contracts between a consumer and a seller for goods, including goods with a digital element (e.g. smart TVs, smart fridges or smart watches) regardless
By Márton Gervai
In October 2019, Hungary removed important restrictions on the so-called non-real-time customer due diligence (KYC) conducted by service providers such as credit institutions and financial institutions.
By Michael Lindtner
The latest criminal statistics of the Austrian Interior Ministry show a strong growth of cybercrime: In the first half of 2019, the Austrian police recorded over 13,000 cybercrime offences, compared to around 8,700 in the same period last year.
By Wolfgang Tichy
Procuring IT systems is an increasingly complex and important task. Virtually all companies nowadays depend on their IT systems. It goes without saying that their procurement should be well planned.
By Maja Petrovic, Maximilian Nutz
Electronic sports (esports) are booming, despite the fact that videogames have existed now for more than 30 years.
By Zoran Šoljaga, Jelena Obradović
Serbian entities, including private entities as potential aid beneficiaries and their competitors, have so far not focused on compliance with the state aid rules.
By Serap Aydin, Wolfgang Tichy
In the future it will be necessary to take several matters into account when determining the warranty period.
By Michael Woller, Marie Hornyik, Márk Kovács
The Court of Justice of the EU (CJEU) recently dealt with "appropriate compensation" due in cases where a preliminary injunction based on IP rights was lifted or not rectified in subsequent main proceedings.
By Galina Petkova
CEZ Bulgaria is not for sale.
By Cristina Tudoraș
Under the Companies Law, directors are prohibited from disclosing confidential information and trade secrets to which they have access in their capacity as a director.
By Urša Kranjc, Marko Kapetanović, Eva Škufca
The terminal will cost EUR 233.6m to build, with the Croatia State budget contributing EUR 100m.
By Philipp Wetter, Wolfgang Höller
Shareholders of Austrian limited liability companies usually want to have influence over whom they are associated with.
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