Posts tagged #company law

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Ousting Managing Director after Shareholder Dispute

Civil Law 

In a recent decision, the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) considered the circumstances in which a shareholder-managing director may be removed by court order for good cause. The case centred on a longstanding family dis...

Austrian OGH Rules on Capital Repayment and Solicitors’ Fees

Civil Law 

The Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) was tasked with determining whether a limited liability company (GmbH) is permitted to assume the legal fees incurred for counsel retained to draft new articles of association and sha...

Austria: OGH Ruling on Intra-Group Short-Term Deposit Refund Bans

Corporate Law 

The Austrian Supreme Court (Oberster Gerichtshof, OGH) determined that an intra-group short-term deposit of EUR 46 million may constitute a prohibited repayment of deposits if the arrangement does not adhere to arm’s length standards and is primarily...

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