Austria

December 2019

EU Adopts Disclosure Requirements on Sustainability in Financial Services Sector

The Regulation on sustainability disclosure requirements in the financial services sector (EU Disclosure Regulation) was published in the Official Journal.

Overview

Our Austria lawyers work on some of the most significant matters in the country, including advising Santander Consumer Bank on the securitization of consumers loans in Austria, and representing meat processing company Gavrilović in the first ever ICSID arbitration case filed against Croatia over expropriation of the company's properties. We also advised APM Holding and BETHA Zwerenz during their acquisition of the Vienna Hilton Complex — the largest hotel in Austria.

With more than 10 years of experience in the local market, we are the go-to firm for Austrian companies and foreign multinationals and financial institutions seeking advice in Banking & Finance, Intellectual Property, and IT & Communications. Our strength is our ability to work across offices and practice areas to help businesses expand market share and achieve their commercial objectives.

As one of the leading law firms in Austria, we also provide first-class domestic and cross-border advice in Dispute Resolution, Employment, M&A, Real Estate, Tax and Trade & Commerce matters. No matter the business or legal challenge, we develop tailored strategies to deliver the highest quality client service.

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Offices

Vienna

Schottenring 25
1010 Vienna
Austria

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Tel: +43 1 24 250 Fax: +43 1 24 250 600

Our cross-border legal offering gives clients the best of both worlds — local market knowledge and global reach that provides domestic and foreign companies with a full range of legal services to achieve their business objectives.

Our Antitrust team advises clients on competition issues and represents clients in major arbitration and litigation cases, such defending Swiss manufacturer Schindler Group against antitrust damage claims before the European Court of Justice in a case involving legal questions that have not yet been decided by courts in Europe.

We take career development seriously and have implemented programs to help our lawyers enhance their skills and cultivate their talent. We also organize firm events for new legal professionals to introduce them to Baker & McKenzie and provide training for our senior associates and partners on topics like business development, project management, presentation skills, and negotiation techniques.

Our career development programs include:

Senior Associate Camp - This program focuses on educating senior associates on the Firm's strategy, leadership and business development techniques and gives them the opportunity to exchange ideas directly with management.