Public-private partnerships (PPPs) offer a way to procure infrastructure and services that traditionally do not include private capital involvement with private finance participation. PPPs have been introduced as a general acknowledgment of the need to solve the infrastructure gap in many countries – especially in emerging market and developing economy (EMDE) countries. EMDE countries need to rely on private resources as a means of accelerating infrastructure development. Attractive for a high degree of flexibility in light of multiple variations across the globe regarding the scoping of a PPP, PPPs enable efficiency and high value for money.

Hule Bachmayr-Heyda Nordberg has advised ParityQC on a financing round with B & C Innovation Investments.

Fellner Wratzfeld & Partner has successfully represented the interests of Vienna Health Fund before the Vi­enna Ad­min­is­trat­ive Court.

Schoenherr has advised Austrotherm GmbH on the merger control filings for the acquisition of the EPS insulation business unit of the Austrian insulation manufacturer Brucha.

Schoenherr has advised Funke Works on its acquisition of Freyspiel from Sonja and Jakob Frey. Griss & Partners advised the sellers.

EY Law has Promoted Martin Hanzl to Partner in Austria.

Freshfields Bruckhaus Deringer has advised Assa Abloy on the acquisition of Skidata from the Kudelski Group. Baker McKenzie, working with Hogan Lovells, Holding Redlich, and Lenz & Staehelin, advised the Kudelski Group.

EY Law has promoted Katrin Speigner to Partner in its Salzburg office.

Taylor Wessing has advised VakifBank International on the implementation of a core banking system.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. As partner departures are inherent to the workings of any law firm, and likely demand clear strategies for navigating, this time around we asked: What are the three most important items on your checklist when a Partner leaves your firm?

On July 17, 2024, Wolf Theiss announced that Altor’s acquisition of an 80% stake in Kommunalkredit Austria (as reported by CEE Legal Matters on February 10, 2023) is closed.

In a recent judgment, the German Federal Court of Justice (BGH) held that the claim "climate neutral" is ambiguous and often misleading unless the advertisement itself explains its specific meaning. This sets a trend for Austria, where courts have traditionally followed the standards set by the BGH in relation to environmental advertising when assessing such claims under unfair competition law. On an EU level, the restrictions regarding claims about greenhouse gas emissions are becoming even stricter, leaving advertisers with much to consider before making claims such as "climate neutral".

Dorda, working with Hamburg-based Goerg, has advised Onside Sports on its acquisition of SLFC.

Binder Groesswang has advised NKMS Holding on the acquisition of Austrian and Czech subsidiaries of the German-based Gienanth Group. Baker McKenzie advised Gienanth Group.

Wolf Theiss, working with Simpson Thacher & Bartlett, Gorrissen Federspiel, and Hengeler Mueller, has advised Software AG on the carve-out and sale of its Super Integration Platform as a Service business to IBM. Binder Groesswang, working with Cravath, Swaine & Moore, advised IBM.

Wolf Theiss, working with Ropes & Gray, has advised American Industrial Partners on its investment in Austin Powder. Jones Day reportedly advised Austin Powder.

Schoenherr has advised Erste Group Bank on Breiteneder Immobilien Parking Group's invitation to existing holders to exchange their notes issued in 2018 for the recently issued Breiteneder Immobilien Parking 4.875% notes 2024-2030. The firm also advised Erste Group Bank as the lead manager and Oberbank as co-lead manager on the subsequent successful tap issue of the 2024-2030 notes. CMS advised the issuer.

E+H, working with McDermott Will & Emery, has advised Ligand Pharmaceuticals Incorporated on its acquisition of Apeiron Biologics. Baker McKenzie advised Apeiron's shareholders. Dorda reportedly advised Apeiron.