ARCHIVE
Lawyer’s ranking JUVE: BLS Rechtsanwälte named as a renowned law firm
In the current ranking of „JUVE - Magazin für Wirtschaftsjuristen in Österreich“ BLS Rechtsanwälte, in particular Thomas Boller and his team, hold top ranking in banking and finance law. [more]
Sales commissions: Concealment leads to compensation for damages
Consultants need to inform their clients about the commissions, even if they do not have to reckon with it.[more]
How do borrowers profit from negative interest?
Even if the parties did not expect that the agreed reference interest rate in the credit agreement to be negative, the borrower cannot unilaterally set the indicator to zero. [more]
The bank does not have to pay negative interest to borrowers
The Association for Consumer Information rebuffs with complaint. The Austrian Supreme Court strengthens the position of the bank.[more]
Termination of an employee in parental leave due to restructuring: Who is allowed to do what and when?
The notice of termination can only be legally valid if the court’s consent is obtained beforehand. If the enterprise has already been closed down, this requirement does not apply.[more]
Chambers & Partners 2017: Award for Philipp Scheuba
Chambers Europe 2017 honors BLS Rechtsanwälte as one of the leading Austrian law firms for Dispute Resolution. [more]
Novelties in the General Data Protection Regulation (GDPR)
The General Data Protection Regulation (GDPR) came into force on May 24, 2016, and as of May 25, 2018, will be immediately applicable in Austria as well. Until then, the current Data Protection Act (DPA 2000) shall continue to be...[more]
Marble slabs: Who pays the rehabilitation?
Do you get deficient or too little goods? The contractor must pay for the costs.[more]
New ECJ decision: Streaming – illegal copyright infringement?
From a technical point of view is, nowadays, easier than ever before to stream the latest movies, series or even football matches free of charge due to multitude of offers, and also under the Austrian legal situation due to § 41a...[more]
Triple award for BLS Attorneys at Law
Within the framework of the Corporate INTL Global Awards 2017, our Corporate Law Firm was able to score in three categories: the two areas of Corporate Law and Employment Litigation, as well as in the category of Full Service Law...[more]
Exercising an unjustified pressure can rescind a severance deal
The claimant, a kindergartener, due to a flu infection, was on sick leave for two weeks. One afternoon in the second week, she held two painting classes. The City Office Director explained to her that it is publicly known that...[more]
Statistically reduced life expectancy justifies a compensation for pain and suffering
Due to an unprofessional medical treatment of a patient, an acute coronary syndrome has been overlooked. The patient suffered a heart attack, which lead to an irreversible heart damage. Since then, the patient has been physically...[more]
The death of the borrower is not reason for sale of the collateral
After the borrower had died, the bank closed the credit account and utilized the gold, which had been deposited, to secure the loan in the amount of EUR 68,000. The estate was sued and it was demanded to establish the upright...[more]
Information and advisory obligations in insurance sales – quo vadis?
As in all EU Member States, the directive for the insurance distribution (“IDD“ – Insurance Distribution Directive) by adopting the appropriate national regulations, must also be implemented in Austria by February 23, 2018. As...[more]
Company agreements: flat-rate control bans are not permitted
Often, works councils try monitoring measures to prohibit a flat-rate. However, such and similar flat passages in company agreements must now be examined and adapted. The European Court of Justice concluded in a judgment that...[more]
Dashcams on Austrian streets
In the Asian region there are cameras installed in the car’s cockpit, thing which has already been a common practice for years. In case of accidents, these permanently accompanying pieces of evidence can provide information about...[more]
Penalties according to the general data protection regulation
At present, everyone is talking about the General Data Protection Regulation (GDPR). This regulation came into force on May 24, 2016, and as of May 25, 2018, will be immediately applicable in Austria as well. The focus in the...[more]
New directive for the insurance distribution – Insurance Distribution Directive (IDD)
On 23 February 2016, the new directive for the insurance distribution (“IDD“ – Insurance Distribution Directive), adopted at EU level, came into force. It shall be implemented by the Member States within two years. The Austrian...[more]
BLS attorneys-at-law participating in Business Run 2016
Again this year, employees of BLS attorneys-at-law showed up at the starting line of the Wien Energie Business Run. A beautiful late summer's day saw the start of 30,000 runners from 1,192 companies. Our 16 participants, too,...[more]
“Die Presse” of 12/09/2016: Vienna Commercial Court takes pressure off Swiss franc borrower
The borrower represented by Thomas Boller and Max Wälde has taken out a foreign-currency bullet loan in Swiss francs with an Austrian bank.By letter dated summer 2015, the respondent bank notified the borrower that it would...[more]
Insurance law 2016
In the latest issue of "Getting the Deal Through - Insurance & Reinsurance 2016", insurance law expert Mag. Philipp Scheuba gives an overview of Austrian insurance law and answers the most important questions. The...[more]
Undue price increase for condominium
The buyer of a condominium sued the developer for repayment of a portion of the purchase price after a subsequent increase in the purchase price. However, the developer invoked the price adjustment clause stipulated in the agreed...[more]
JUVE Magazin
BLS Rechtsanwälte, in particular Dr. Thomas Boller and his team, were recommended by JUVE, the journal for commercial law firms in Austria, as a renowned law firm in the field of labour law. JUVE Magazin für...[more]
Assessment of the damages for pain and suffering
In case of relatively light injuries connected with a long pain period the assessment of the amount of compensation for pain and suffering is particularly difficult. In such case the requirements for the cost privilege pursuant...[more]
2016 Corporate INTL Global Awards: BLS Rechtsanwälte convinces in three categories
In 2016, the renowned trade journal Corporate International has presented BLS Rechtsanwälte with three awards. The law firm specialized in business law accepted awards in the two specialist divisions Corporate Law and Dispute...[more]
