l.t.r.: Dr. Maria Doralt, Dr. Nora Aburumieh, Dr. Georg Konrad, LL.M.,
Mag. Heinrich Foglar-Deinhardstein, LL.M.
CHSH Cerha Hempel Spiegelfeld Hlawati advised the Swiss energy trading group Alpiq regarding its corporate restructuring in Central Europe. The cross-border merger involved companies in Austria, the Czech Republic and Slovakia, including one Societas Europaea.
The CHSH team in Austria, which had responsibility for the cross-border merger into ALPIQ ENERGY SE, consisted of Georg Konrad, Nora Aburumieh, Heinrich Foglar-Deinhardstein and Maria Doralt.
Free passage for companies in Europe
“The demand for cross-border mergers continues to rise”, explained Georg Konrad, partner and head of the team at CHSH. Nora Aburumieh, company law specialist at CHSH, puts the increase in such cross-border merger activity down to the following: “This new restructuring option represents one of the few accepted ways of relocating a company’s registered office to another country within the EU.” Heinrich Foglar-Deinhardstein believes that when combined with the effect of universal succession, that is to say, automatically transferring all contractual relationships to the acquiring company, such a transaction has enormous advantages. CHSH’s company law specialists have successfully advised several other parties regarding similar cross-border mergers and with respect to the formation of SE companies.