crisis law info corner
Businesses are all too familiar with resource shortages due to the many recent crises in the EU. This info corner presents ideas and concepts for responding to such crises from a macroeconomic and regulatory point of view.
With a focus on Austria, our Crisis Law Taskforce has prepared a comprehensive concept for crisis tools, especially for Austrian administrative proceedings. We will keep you up-to date with the changing legal environment.
Any crisis can also be an opportunity. Our Crisis Law Taskforce is here to help you navigate through and prepare for crises, making use of the best crisis tools. At the same time, we look at crises as a chance to innovate.
In this crisis law info corner, you can get an overview of crisis tools, and will get updates on the latest legal developments ongoingly.
local crisis law
In the country sections of this info corner, we shed light on the respective tools and regulations in your country:
legal updates across CEE
Restructuring tools for companies in economic crisis
Austrian tax law provides various reorganisation tools for companies in an economic crisis. Among others, these include shareholder contribution (in the broad sense), debt/equity swap, debt waiver, assumption of debt, letter of comfort, participation right, capital decrease, surety/guarantee, assumption of performance, silent partnership, debt mezzanine swap and restructuring trust.
Adapting (to) circumstances – the CFO crisis management checklist
The precise impact of the COVID-19 pandemic on global and regional economies remains far from certain. On the other hand, it is more or less accepted that most, if not all corporations will need to adapt to new market circumstances.
Schoenherr's Crisis Law Taskforce, consisting of experts from various legal areas across CEE, is ready to assist you at any point – when preparing for a crisis, when navigating through it, and when handling its effects. It is led by data protection expert Günther Leissler, cybersecurity specialist Christoph Haid and regulatory expert Andreas Lopatka-Sint, who regularly advise clients in any crisis.
Günther
Leissler
Partner
austria vienna
