Publications  


Lessor´s lien right in case of lessee´s insolvency
Dr. Alexander Isola, ILO Newsletter vom 27. November 2015

In case of a lessee´s insolvency, a lessor´s lien right is an excellent opportunity to secure and recover at least a portion of outstanding rental payments. However, lessors must act quickly in order to take full advantage of their liens in insolvency proceedings - in particular, rapidly securing a lien can be a considerable advantage for the lessor.
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Neues zur Zahlungsstockung
Artikel von Dr. Alexander Isola auf www.wirtschaftsanwaelte.at, November 2015

Nach der Rechtsprechung und Lehre liegt Zahlungsunfähigkeit iSd § 66 IO vor, wenn der Schuldner mangels bereiter Zahlungsmittel nicht in der Lage ist, seine fälligen Schulden zu bezahlen und er sich die erforderlichen Zahlungsmittel voraussichtlich auch nicht alsbald verschaffen kann.
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Negative interest – who must take the risk?
Mag. Stephan Schmalzl und Mag. Philipp Renninger, ILO Newsletter vom 30. Oktober 2015

Negative interest is normally approached from the depositor´s perspective. However, as some reference rates for floating interest rates fall below zero, this topic is also of interest in relation to loan agreements. A recent regional court decision brought attention to some earlier legal jurisprudence on this topic. However, the main question remains undecided: which party must bear the risk of a negative reference interest rate?
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Beware of foreign contract templates
Mag. Jakob Widner, ILO Newsletter vom 28. Oktober 2015

Imagine that a foreign entity employing Austrian staff in Austria asks its Austrian employees to sign a standard employment agreement template and then tries to terminate one of those employment relationships under Austrian law. Those were the facts underlying a recent Supreme Court decision, wherein the court concluded that the termination of an employment relationship was governed by the laws of the foreign employer, not Austrian law.
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Expedited Corporate Debt Restructuring in the EU, Oxford University Press
Austrian Chapter von Dr. Alexander Isola und Dr. David Seidl

Dr. Alexander Isola und Dr. David Seidl, Insolvenz- und Restrukturierungsexperten, haben in der Publikation "Expedited Corporate Debt Restructuring in the EU" der renommierten Oxford University Press, eine juristische Analyse der juristischen Restrukturierungspraxis in Österreich geschrieben. Herausgeber dieser Fachpublikation ist Rodrigo Olivares-Caminal, Professor für Banking and Finance Law an der Queen Mary University of London.
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