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Katrin Hanschitz

KNOETZL

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Can a shareholder stop the management from selling the company’s assets?

Austria - September 3 2018 In a recent Austrian case, shareholder A (47.5), sold the assets of a company with limited liability (GmbH) shortly after becoming the sole...


The elevator cartel and the ECJ II: casting a wider net of private enforcement

Austria, European Union - August 29 2018 Civil liability cases stemming from the so-called elevator cartel (Aufzugskartell), arising out of bid rigging by Kone, Schindler, Otis and...


Squeezing Out Minority Shareholders: Vested Interest vs Economic Interest

Austria - August 2 2018 In a high-profile case of global interest, the Austrian Constitutional Court ruled on the Squeeze Out Act (the “Act”) that was introduced in 2006. The...


Liability of Managing Directors of a GmbH for Incorrect Financial Information and “Civil Fraud” - Austrian Supreme Court Ruling 6 Ob 24417a

Austria - May 28 2018 Director’s liability is a recurring issue in both the Austrian and German courts. One reason is that, when a company goes into bankruptcy, its...