Schoenherr | Slovenia | 7 Mar 2011
The economic crisis presents a real-life test for the Slovenian insolvency legislation, unequalled in its young history.
Schoenherr | Austria | 1 Mar 2011
While in other jurisdictions creditors of an insolvent company may swap their debts into equity, creditors in Austria are still confronted with a "take it or leave it" approach as to the proposed quota payment to unsecured creditors.
Schoenherr | Austria | 1 Mar 2011
In a recent decision, the Independent Finance Board Innsbruck (Unabhängiger Finanzsenat) questions a well-established practice for reducing taxes related to real estate transactions.
Schoenherr | Austria | 28 Feb 2011
In continental Europe businesses are still highly dependent on commercial lending.
Schoenherr | Austria | 14 Feb 2011
Recent rulings by the Austrian Takeover Commission (TC) reflect a case by case approach to acting in concert situations and changes in shareholder arrangements.
Schoenherr | Romania | 14 Feb 2011
The Romanian legal framework on insolvency procedure has been consistently improved following the enactment of Insolvency Law no. 85 (Law 85), which entered into force on 21 July 2006.