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In May 2021, the CEE Real Estate Practice Group of CERHA HEMPEL has issued the second edition of its Guide on Real Estate Laws in Austria and CEE.

Three regulations concerning insolvency proceedings were published on 16 April 2021, among them a Government Decree which introduces a new procedure for what is intended to be a simpler reorganisation of financially distressed companies. Edina Nagy gives a short summary of the Government Decrees.

CERHA HEMPEL has every reason to celebrate after receiving yet another international accolade. At this year's IFLR Europe Awards, CERHA HEMPEL received the "Austria Corporate Firm of the Year" award for 2021 in recognition of the excellent and innovative service it provides its clients.

CERHA HEMPEL Partner Boyko Gerginov and Senior Associate Dr. Polina Westerhoven comment on the latest amendments to the Bulgarian Protection of Competition Act.

Draft legislation on restructuring relief is waiting in the wings

In light of the changes to "living" and "working" wrought by the coronavirus, the Austrian Sustainable Building Council (ÖGNI) founded in May 2020 a working group to examine "The Future of Living and Working", consisting of experts from the fields of architecture, real estate development, real estate consulting, and innovation and project management.

Once Covid-19 loosens its grip, competition authorities can be expected to conduct the dawn raids that have been delayed during the crisis. CERHA HEMPEL has used its knowledge to prepare a Guide on Competition Dawn Raids in CEE.

In the first of four workshops, coordinated by CERHA HEMPEL partner Thomas Trettnak (Corporate M&A / Restructuring), Irmgard Nemec (IP) and Florian Wünscher (Corporate M&A) gave a presentation entitled "Legal ABC for Start-ups. Forms of Incorporation and Protection of IP and Know-How".

CERHA HEMPEL Partner Benjamin Twardosz recently published the 7th edition of the renowned Commentary on the Austrian Stamp Duty Act.

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