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Article

Schima Mayer Starlinger | Austria | 27 Apr 2021

Multiple assignments of future receivables

The Supreme Court recently addressed the effects of an agreed sale of a plot of land on the security assignment of the future receivables under the…
GTDT PRO

Schima Mayer Starlinger | Austria | 12 Mar 2021

Dominance in Austria

GTDT PRO

Schima Mayer Starlinger | Austria | 16 Feb 2021

Gas Regulation in Austria

Article

Schima Mayer Starlinger | Austria | 19 Jan 2021

Eye-catching decision on advertising of consumer loans

The Supreme Court recently had to decide whether ads for consumer loans which stated a monthly rate in the main text and a debit interest rate "from…
Article

Schima Mayer Starlinger | Austria, European Union | 24 Nov 2020

Oops, I did it again: Austrian banks' terms and conditions and PSD II

The European Court of Justice (ECJ) recently responded to the Supreme Court's request for a preliminary ruling and issued a decision with respect to a…
Article

Schima Mayer Starlinger | Austria | 6 Oct 2020

Legislative moratoria on loan repayments - are certain SMEs more equal than others?

The outbreak of COVID-19 triggered various response measures across the globe. Among other measures, the Austrian legislature, similar to other…
Article

Schima Mayer Starlinger | Austria | 14 Jul 2020

COVID-19 pandemic and banking in Austria - lessons learned?

A significant part of Austria's COVID-19 subsidy programme was structured as government guarantees for bridging loans to be granted by banks to…
Article

Schima Mayer Starlinger | Austria | 13 Mar 2020

Failing banks - first application of new deposit guarantee scheme

An insolvency proceeding was recently opened for the assets of Anglo Austrian AAB AG. This was the last step in a long-lasting dispute between the…
Article

Schima Mayer Starlinger | Austria, European Union | 24 Jan 2020

No worms for early birds? Lexitor and Austrian implementation of EU Consumer Credit Directive

Considering the obvious conflict with European Court of Justice case law, the Austrian legislature's aim to fully implement the EU Consumer Credit…
Article

Schima Mayer Starlinger | Austria, European Union | 8 Nov 2019

GDPR versus PSD II - right of access to information versus charges for information

The Federal Administrative Court recently confirmed that a credit institution had violated its obligations under the EU Data Protection Regulation by…
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