PwC Legal news
You can also find essential tips on how to implement these key steps in our more detailed strategy guide to unlock the value of AI, for which you can apply free of charge. Please fill out the contact form at the bottom of the page. 1. Where is Artificial Intelligence going? Artificial Intelligence (AI) […]
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Update to our blog entry “Arbeitsrechtliche Praxistipps zum Urlaubsrecht” (Practical tips on paid annual leave provisions under labour law) posted on 26 June 2023 (in German only) As we have already mentioned in our last blog entry on paid annual leave provisions, also in Austria amendments to time-barring of paid annual leave to which employees […]
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PwC Legal Austria advised the founder of Dedicaid GmbH, a spin-off of the Medical University Vienna on the sale of their shares to a wholly owned subsidiary of Telix Pharmaceuticals Limited. Dedicaid GmbH was founded in 2018 as a spin-off of the Medical University of Vienna. Its core asset is an artificial intelligence (AI) powered […]
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Co-author: Dr. Nathalie Alon, LL.M. Nach der Aufhebung des Privacy Shields durch den Europäischen Gerichtshof hat US-Präsident Joe Biden eine neue Grundlage für einen Angemessenheitsbeschluss der Europäischen Kommission geschaffen. Vorerst bleibt die Rechtsunsicherheit aber weiter bestehen. Hinweis: Dieser Beitrag wurde aufgrund der potenziellen Auswirkung auch auf andere EU-Mitgliedstaaten auf Englisch verfasst. Following the […]
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In July 2021, the lower house of the Austrian Parliament (Nationalrat) passed legislation to amend the Austrian Anti-Wage and Social Dumping Act (LSD-BG), as well as the Austrian Personnel Leasing Act (AÜG). The legislation was not immediately implemented due to lack of approval in the upper house (Bundesrat), but entered the statute book (publication in […]
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The long-anticipated amendment of the Austrian Anti-Wage and Social Dumping Act (LSD-BG) with amended administrative criminal law provisions reflecting ECJ case law, was passed by the lower house of the Austrian Parliament and entered into force at the beginning of September 2021. The amendment also implements changes to the EU Posted Workers Directive. A further […]
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After many months of tough negotiations on a Brexit trade agreement, the United Kingdom of Great Britain and Northern Ireland and the European Union finally reached an agreement on 24.12.2020 – just before the end of the transition period. A hard break between the EU and the UK could thus be avoided. From the perspective […]
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Political discussions have recently focused on limiting distributions of profits. Such calls have focused in particular on companies who receive state aid during the COVID-19 crisis. Not all legal initiatives have been implemented. The following article provides an overview of the current situation regarding the possibility of distributing net profits as well as other limitations. […]
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Authors: MMag. Verena Heffermann; Dr. Isabella Lechner. Further simplifications for shareholders’ and board meetings In our articles of 24 March and 6 April 2020, we reported on legal simplifications relating to holding meetings for shareholders and members of corporate bodies due to the Austrian COVID-19 Company Law Act (COVID-19-GesG): 1. Remote participation and resolutions passed […]
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Introduction The EASA has published its new Opinion No 01/2020 “High-level regulatory framework for the U-space”, which was developed in accordance with Regulation (EU) 2018/11391 (“Basic Regulation”). As the rising number of UAS operations in the European airspace poses safety, security and airspace integration issues, it is essential to prevent risks to air traffic, persons […]
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