2021

New case law on the prohibited repayment of equity in the case of a covert limited liability company and on auditor liability

New case law on the prohibited repayment of equity in the case of a covert limited liability company and on auditor liability.

Strict duty of loyalty for shareholders of limited liability companies and syndicate partners

In its ruling in case 6 Ob 155/20t – CERHA HEMPEL represented a party to the proceedings – the Supreme Court made a number of important statements on the duty of loyalty that exists between the shareholders of a limited liability company who are bound by a syndicate agreement.

Latest news on supervisory boards within a group structure

To what extent does the supervisory board of a group parent company also have to exercise its supervisory duties in the group with regard to the activities of a group subsidiary?