Dr. Bernhard Huber, LL.M.

Dr. Bernhard Huber, LLM

Study of law at the University of Linz (Mag. iur. 1987), Doctoral studies at the University of Vienna (Dr. iur.1991).

Master of Laws from Emory University, School of Law, Atlanta, USA.
(LL.M., Summer  1990 )

Doctoral thesis “Das Rabattgesetz – Ratio und Interpretation” supervisor  Professor Dr. Heinz Krejci.

Attorney at law since 1994.



No claim for compensation in case of depreciation of sharholder´s share

If a company with limited liability (GmbH) should suffer any damage caused by any third party, the company share of its shareholders - as a consequence thereof - could lose in value. However, according to the Austrian High Court (OGH), the shareholders do not have the possibility to claim for compensation; only the company itself is entitled to raise such claim, but not the shareholders.