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Our blog is intended to provide you with regular information on current legislation and case law, amendments to the law and our lecturing activities. With our contributions, we pursue the goal of creating added value for your everyday legal life.
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On the immediacy of the pronouncement of the dismissal of a chief executive officer of a public limited company (OGH 16.10.2025, 6 Ob 124/25s)
Employment Law for Companies , Corporate Law
1. Introduction
When asserting grounds for dismissal, the principle of immediacy applies. This means that an employer must announce the dismissal…
Refund of excessive loan processing fees (OGH 23.10.2025, 2 Ob 52/25y)
Civil Law , Contract Law , General Terms Of Contract
1. Facts of the case
The plaintiff (consumer) took out a loan of €695,000.00 from the defendant bank. In the loan agreement, the contracting parties…
Upcoming changes to the Austrian Civil Code (ABGB) and the Austrian Employment Contracts Act (AVRAG)
Employment Law for Companies
The government draft bill dated 9 July 2025, 187 BlgNR 28. GP, proposes amendments to the ABGB and AVRAG. These amendments concern
the harmonisation…
Withdrawal from time compensation agreement in the event of illness (OGH 29.04.2025, 9 ObA 17/25b)
Employment Law for Companies
Facts of the case
There is disagreement between the employer (client, defendant) and employees (employee) on the question of whether employees can…
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The new Credit Servicer and Credit Purchaser Act (Kreditdienstleister- und Kreditkäufergesetz – KKG)
Banking Law , Civil Law , Business Law
1. Introduction
On 18 March 2025, the new Credit Servicer and Credit Recipients Act (Kreditdienstleister- und Kreditkäufergesetz - KKG), BGBl I…
Mandatory AI training for employees under the EU AI Act
Employment Law for Companies , Commercial Law
1. Introduction
EU Regulation 2024/1689 on artificial intelligence (AI Act) came into force on 1 August 2024. The AI Act will apply in full from 2…
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The Financial Data Access Regulation (FiDAR)
Banking Law , Payment Law
On 2 December 2024, the Council of the European Union published its Mandate for negotiations on a regulation governing the legal framework for access…
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The new thresholds for corporations in corporate law and their effects
Corporate Law , Commercial Law
The Federal Ministry of Justice published a regulation on the adjustment of the threshold values in company law (UGB-Schwellenwerte-Verordnung) on 20…
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Duty of care required of the bank in the event of phishing fraud (OGH 7Ob 95/24g, 28.08.2024)
Banking Law
1. Facts of the case
A bank customer (plaintiff) fell victim to social engineering. He received a phishing text message disguised as a message from…