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Dispute Resolution / Litigation & Arbitration

Graf & Pitkowitz Dispute Resolution again ranked highly in Chambers Global Guide 2019

Practice Area Dispute Resolution: Arbitration ranked in Band Three with Nikolaus Pitkowitz listed as individual in the categories Dispute Resolution: Arbitration (Band Two), Dispute Resolution: Litigation (Band Four) and Dispute Resolution: Most in Demand Arbitrators (Band Three) .. more

Insolvency & Restructuring

Avoidance of overdraft payments due to preferential treatment

The Insolvency Act provides insolvency administrators with tools to challenge any actions committed by a debtor during a crucial period prior to the opening of insolvency proceedings. Recent Supreme Cour decisions regarding § 31 IO now clarify existing judicature regarding avoidance of overdraft payments due to preferential treatment and set the bar very high regarding the (un)avoidability of overdraft payments in the 12 months before the opening of insolvency proceedings. .. more

Employment

Good Friday-Dilemma

The Austrian government has reached a compromise in response to the ECJ’s ruling that the former regulation was discriminatory. While introducing a paid holiday over Good Friday for all employees (Levelling-up) would have been complied with the ECJ’s decision, the Austrian government went with a different approach by abolishing Good Friday altogether (Levelling-down), to avoid employers having to provide double pay. Instead they’ve decided on the introduction of a personal holiday for everyone, which is also to replace the former Good Friday provision in collective labor agreements. This personal holiday will be counted as a regular leave day. However, if economic reasons deem it necessary that an employee works on his/her personal holiday, then extra holiday payments have to be made. In effect, the Evangelical Church Augsburg Confession, the Evangelical Church Helvetic Confession, the Old Catholic Church and the United Methodist are losing a public holiday, while nothing changes for everyone else. .. more

Dispute Resolution / Litigation & Arbitration

Graf & Pitkowitz for the tenth time headline sponsor for the renowned Columbia Arbitration Day 2019

This year the conference focused on "10 Years of CAD: New Ideas, New Concerns."Friday, 8 March 2019 at Columbia Law School, New York .. more

Dispute Resolution / Litigation & Arbitration

Graf & Pitkowitz advising lenders regarding concession agreement for Nikola Tesla Airport in Belgrad

Graf & Pitkowitz worked with Allen & Overy as Austrian counsel advising lenders in connection with a EUR 420 million financing of Vinci Airport's concession agreement for Belgrade's Nikola Tesla Airport, which closed on December 21, 2018. The team of Graf & Pitkowitz was led by senior partner Nikolaus Pitkowitz, head of the Dispute Resolution team. .. more

Insolvency & Restructuring

Alexander Isola and Stefan Weileder as liquidators for Borckenstein

Partners Alexander Isola and Stefan Weileder were appointed liquidators for Borckenstein, a subsidiary of the Italian Fil Man Made Group. The company filed for insolvency at the Regional Court for Civil Matters in Graz at the beginning of this year. Alexander Isola and Stefan Weileder previously acted as liquidators for Borckenstein in 2016 in restructuring proceedings. .. more

Insolvency & Restructuring

Stefan Weileder is now equity partner at Graf & Pitkowitz

Stefan Weileder started his career at Graf & Pitkowitz in 2006 and will now further support the expanding law firm in his new role as equity partner. .. more

Real Estate & Construction

The Graf & Pitkowitz Real Estate Team advises McArthurGlen Designer Outlets

The Graf & Pitkowitz Real Estate Team headed by Dr. Nikolaus Pitkowitz and Dr. Martin Foerster has won McArthurGlen Group as a client. McArthurGlen is Europe’s leading designer outlet operator with 24 centers in nine countries. In Austria, McArthurGlen operates the two well-known and successful designer outlets in Parndorf and Salzburg with a total of over 250 shops.

In the process of re-tendering for legal services for Austria, the team of Graf & Pitkowitz was able to convince and win McArthurGlen as a new key account. Graf & Pitkowitz has extensive expertise in the real estate sector and stands out by providing efficient and holistic advice on all real estate issues. Among other things, Graf & Pitkowitz advises property owners, investors, real estate developers, construction companies, housing associations, international trade groups, industrial companies as well as foundations and family offices. Advisory services are provided in all asset classes, such as office buildings and towers, residential construction projects and apartment buildings, in the retail sector (high streets, shopping centers, retail parks), hotel projects (acquisition, leasing, operator and management contracts), industrial properties, logistics halls or even building plots. .. more

Corporate / M & A

Graf & Pitkowitz once again named as IFLR Top Tier Firm

In this year’s IFLR1000 Guide 2019 the prestigious British publication International Financial Law Review (IFLR) has named Graf & Pitkowitz as a Top Tier Firm in the following practice areas: Banking & Finance, Project Development and Capital Markets. Partners Ferdinand Graf and Otto Waechter have furthermore been recommended as highly regarded attorneys. .. more

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