Wolf Theiss

Earn-out provisions are a common feature in M&A deals, but they can also be a source of significant dispute. How do you minimise associated risks? 👉 Steer clear of vague wording: While it may be challenging to account for future developments in contractual clauses, attempt to avoid potentially vague wording. 👉 Clearly define criteria: Clearly defining the criteria for calculating earn-outs is crucial. 👉 Enforceability: Anticipate potential non-cooperation and ensure your contract includes specific, enforceable obligations to protect your rights. Our recent "M&A transactions viewed differently" series consisted of our legal experts Markus Bruckmueller, Florian Kusznier, Stefan Riegler and Alexander Zollner addressing these key considerations to minimise certain associated risks and create initial advantages for potential disputes later. Thank you to all attendees who contributed to the lively discussion. We look forward to welcoming you at our next "M&A transactions viewed differently" event. #WolfTheiss #MAndA #CorporateLaw #DisputeResolution #EarnOut #ContractLaw #LegalInsights

What is this week's Legal Buzzword? Introducing the term "regulatory sandbox" brought to you by Filip Michalec. Regulatory sandbox is generally a tool that allows companies to verify that new technologies and products will meet all regulatory requirements. One of the first areas of success in the European Union (EU) and globally is in the area of financial and decentralised technologies. An example is the EU Blockchain Regulatory Sandbox by the European Commission. 🤔 Want to see a buzzword featured? Let us know in the comment section below! 👇 #WolfTheiss #WTLegalBuzzwordOfTheWeek #LegalTerms #LawOnTheLevel #LegalDefinition #RegulatorySandbox #EULaw #DecentralisedTechnologies

A Wolf Theiss team consisting of Claus Schneider and Christine SIEGL, supported by Sebastian Prakljacic and Eva Stadler advised Raiffeisen Bank International AG (RBI) in connection with the successful issuance of EU 650,000,000.00 Fixed to Reset Rate Additional Tier 1 Notes and its tender offer for the repurchase of EU 650,000,000.00 Fixed to Reset Rate Additional Tier 1 Notes of 2017. This issuance strengthens the regulatory capital position of RBI and reflects its commitment to maintaining a robust capital base in line with European banking regulations. More on this transaction here: https://wt.legal/ROiZ #WolfTheiss #TransactionNews #MarketUpdates #BankingAndFinance #CapitalMarkets #DealAnnouncements

What a fantastic way to conclude our Female Focus Networking Event Series for this year!   Yesterday, Silvia Feßl (Partner, Public Procurement Law), one of our most dedicated networkers at WT, once again introduced us to an inspiring contact from her network: Silvia Kaupa-Goetzl.   We were captivated by Silvia Kaupa-Götzl’s insights and experiences, as she spoke on two key topics: unconscious bias against women in business and the invaluable power of women’s networks. The interactive exchange between the two Silvias, our business professionals and lawyers was deeply enriching, leaving us with practical tips on asserting ourselves, protecting our positions and building resilience.   A particularly striking moment was hearing about Silvia’s current challenges. Following her extensive career as a manager at ÖBB and Postbus, she has now been proposed as the CEO of ÖFB. Despite her success, she continues to face the difficulties of being a woman in a leadership role, including the unfortunate reality of media smear campaigns. We stand by her and support her as a strong professional leader.   To all women: let’s stick together, take action and never let challenges hold us back.   #FemaleFocus #WomenInBusiness #Networking #WomenEmpowerment #Mentorship #Leadership #SupportEachOther

Urban regeneration and adaptive reuse are becoming increasingly critical topics across Europe. Underused or abandoned spaces contribute to urban decay but hold immense potential for transformation. With the right design and strategic approach, these sites can be revitalised into housing, cultural venues, recreational areas or green spaces. At the 4th edition of the Polish Real Estate Summit (PRES), dr Jan Gąsiorowski (Banking & Finance, Poland) joined the panel discussion, "To repurpose or to demolish? Forecasts on the impact of EU regulations on the Polish real estate market." He shared his insights on repurposing older office buildings into purpose-built student accommodation (PBSA) and highlighted how balancing profitability with sustainability is key to unlocking these opportunities. Key takeaways from the conference include: • Despite the slowdown on the Polish retail market, real estate developers remain optimistic. • Uncertainty around the potential introduction of government subsidised preferable housing loan for individuals (so called 0% loan) continues to disrupt the market.  • The PBSA sector in Poland remains resilient, although cautious investment decisions are becoming increasingly necessary. We look forward to advancing these discussions and fostering further collaboration in the real estate market. #WolfTheiss #LawDoneRight #RealEstateIndustry #UrbanRegeneration #Poland #Sustainability

📖 What is the AFIR – Alternative Fuels Infrastructure Regulation? Our Legal Buzzword of the Week is brought to you by 👉 Bruno Stefanik. AFIR or Alternative Fuels Infrastructure Regulation is an EU regulation aimed at promoting alternative fuel vehicles across all modes of transportation in the EU. Among other things, it mandates the development of network of fast recharging stations with certain density along the TEN-T, the Trans-European Transport Network, i.e. the main transportation corridors across the EU. It also mandates greater transparency of prices for the use of the recharging stations. 🤔 Want to see a buzzword featured? Let us know in the comment section below! 👇 #WolfTheiss #WTLegalBuzzwordOfTheWeek #LegalTerms #LawOnTheLevel #LegalDefinition #AFIR #EURegulation #AlternativeFuels

Wolf Theiss CEE&SEE Investigations Crisis Response and Compliance team has once again been featured in the Global Investigations Review’s GIR 100, highlighting our outstanding expertise. We are thankful to our clients for their continued trust and support. To learn more about our regional Investigations, Crisis Response and Compliance team refer to our website: https://wt.legal/Qx57 #WolfTheiss #LawDoneRight #OneRegionOneFirm #GIR100 #GlobalInvestigationsReview #Investigations #CrisisResponse #Compliance

The CEE Property Forum is a key trend barometer for the Central and Eastern European real estate industry. Our top real estate law experts for the region, Peter Oberlechner, Tomasz Stasiak, Greg Skowronski, Tomáš Kren, Barbora Malimánková, Roxana Roman (Dudau), Radosveta Kojuharova, Marika Lomashvili and Leo Hoeher will be there. Do not miss to meet them there an 25 and 26 November, and discuss with them what is hot and what is not, and join them in forward-looking discussions and gain valuable insights. With over 80 expert speakers, sessions will delve into urgent topics such as economic outlooks, financing strategies, sustainability and the latest trends in logistics, office and residential investments. Plus, the first CEE Property Forum Awards Gala will celebrate excellence and innovation in the field. Don’t miss the chance to connect, learn and prepare for the future of real estate. More information here: https://wt.legal/R5dv #WolfTheiss #OneRegionOneFirm #LawDoneRight #CEEPropertyForum #RealEstate #Vienna #Networking #Sustainability

Introducing this week's Legal Buzzword: Diia.City, brought to you by 👉 Olga Ivanova. Diia.City is a unique legal and tax framework designed to accelerate the growth of Ukraine’s IT industry. This special Ukrainian regime provides IT companies that become Diia.City residents with specific advantages and benefits including flexibility in hiring models, reduced payroll and corporate tax rates and distinct intellectual property rights protection. To qualify as a Diia.City resident, IT companies must meet specific requirements. 🤔 Want to see a buzzword featured? Let us know in the comment section below! 👇 #WolfTheiss #WTLegalBuzzwordOfTheWeek #LegalTerms #LawOnTheLevel #LegalDefinition #Ukraine #DiaaCity #ITIndustry #IPPortection #UkrainianBusinesses

The increasing importance of affordable housing is a pressing issue in the Czech Republic, driven by factors such as rising property prices, urban population growth and evolving societal priorities. With private investors increasingly turning towards rental solutions, the question arises: what can cities realistically achieve for their residents? Moderated by Robert McLean of thePrime, the panel included speakers Guy Barker (Director, Arcona Capital), Zuzana Chudoba (Member of the Presidium, Rental Housing Association), Jan Fišer (Legal Counsel, Dostupné bydlení České spořitelny), Tomáš Kren (Counsel, Wolf Theiss), Radek Kucera (Founder, Grafton Property Partners) and Barbora Raková (Housing Policy Expert, State Fund for Investment Support). The panel approached different facets of the housing crisis, exploring effective public-private partnerships for a sustainable housing future and the role of technology in real estate. Many thanks to our speakers and to ThePrime.cz and Arcona Capital for making the event a success. We look forward to further collaborations in the near future. #WolfTheiss #RealEstateIndustry #RealEstateUpdates #CzechMarket #RisingRent #AffordableHousing #SustainableRealEstate #ESG