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New directive for the insurance distribution – Insurance Distribution Directive (IDD)
On 23 February 2016, the new directive for the insurance distribution (“IDD“ – Insurance Distribution Directive), adopted at EU level, came into force. It shall be implemented by the Member States within two years. The Austrian...[more]
BLS attorneys-at-law participating in Business Run 2016
Again this year, employees of BLS attorneys-at-law showed up at the starting line of the Wien Energie Business Run. A beautiful late summer's day saw the start of 30,000 runners from 1,192 companies. Our 16 participants, too,...[more]
“Die Presse” of 12/09/2016: Vienna Commercial Court takes pressure off Swiss franc borrower
The borrower represented by Thomas Boller and Max Wälde has taken out a foreign-currency bullet loan in Swiss francs with an Austrian bank.By letter dated summer 2015, the respondent bank notified the borrower that it would...[more]
Insurance law 2016
In the latest issue of "Getting the Deal Through - Insurance & Reinsurance 2016", insurance law expert Mag. Philipp Scheuba gives an overview of Austrian insurance law and answers the most important questions. The...[more]
Undue price increase for condominium
The buyer of a condominium sued the developer for repayment of a portion of the purchase price after a subsequent increase in the purchase price. However, the developer invoked the price adjustment clause stipulated in the agreed...[more]
JUVE Magazin
BLS Rechtsanwälte, in particular Dr. Thomas Boller and his team, were recommended by JUVE, the journal for commercial law firms in Austria, as a renowned law firm in the field of labour law. JUVE Magazin für...[more]
Assessment of the damages for pain and suffering
In case of relatively light injuries connected with a long pain period the assessment of the amount of compensation for pain and suffering is particularly difficult. In such case the requirements for the cost privilege pursuant...[more]
