If liabilities are not assumed when a company is acquired, this must be entered in the commercial register within one month. The filing of an application with the Companies Register does not meet the deadline, the decisive factor is the length of the commercial register procedure.
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In a recent decision, the Supreme Court has not only confirmed that laesio enormis between entrepreneurs can be excluded impliedly, he also questioned the most recent decisions on the relevant point in time for examination of an imbalance (issue or exercise of the option).
MoreThe injured sole shareholder of a limited liability company may, in addition to the loss of earnings due to the injury, demand compensation for the loss, which occurs if his share loses value and can therefore only be sold at a lower price. The loss of earnings and loss of value are not the same damage.
MoreThe austrian Supreme Court had to deal with the question whether there can be claims under enrichment law in case of a separation of a civil union. Result was that a shift of the property relations is possible even in a civil union.
MoreA copy of a testament written by one's own hand is not a formal testamentary disposition. Not even if it contains handwritten additions.
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