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Vienna

Austria

CMS Austria, founded in Vienna in 1970, looks back on 45 successful years. As our client, you benefit from our regional market expertise and industry knowledge regardless of whether you are looking to expand to CEE/SEE, Western Europe or even beyond, not only because we are among the largest law firms in Austria, but also because of our special hub position in Vienna and our collaboration with our locally rooted and internationally active CMS colleagues.

In Vienna, 75 lawyers are at your service to face the future together with you. Globalisation and ever-changing economic conditions continuously pose complex legal challenges to companies. Especially the jungle of regulations companies involved in cross-border business have to heed is rife with legal pitfalls. These are the exact legal challenges in which we specialise. Do not hesitate to contact us via our online contact form or by phone.

We see it as our job to guide you through diverse jurisdictions in a safe and business-oriented way. That’s why it almost goes without saying that we are always up to date regarding legislative changes in both the Austrian and international markets.

In our work, we focus on M&A, banking & finance, real estate, building law, labour law, tax law, energy law, IP and IT law, competition law and procurement law. What’s more, we also take care of the entire legal management of your projects, for instance in transactions.

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Directions

The CMS office is located very centrally at Gauermanngasse 2 in the first district of Vienna.

From the Vienna International Airport

The airport is located only about 20 kilometres from the Vienna city centre.

  • A taxi ride will take about 30 minutes and, depending on the taxi company, cost between 30 and 40 euros.
  • By bus: all three of the Vienna Airport Lines connect to all underground lines in Vienna and the train stations “Wien Westbahnhof” and “Wien Meidling”. Buses operate daily around the clock and take you to the city centre (get off at “Morzinplatz/Schwedenplatz”) in only 20 minutes. Take a taxi or the U4 underground line (green line) to reach the CMS office from there.
  • The City Airport Train CAT also takes you to the stop “Wien-Mitte” in only 20 minutes (11 euros for a one-way ticket). From there you can take a taxi or the U4 underground line (green line, get off at “Karlsplatz”) to reach the CMS office.

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Location

CMS Reich-Rohrwig Hainz
Rechtsanwälte GmbH
Gauermanngasse 2
1010 Vienna
Austria
Directions PDF Open Google Maps
CMS Wien I Our at­tor­neys-at-law
CMS Wien I Of­fene Stel­len
CMS Reich-Rohr­wig Hainz

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23/09/2022
CMS Reich-Rohr­wig Hainz er­öffnet neue Sprech­s­telle in Linz
Ös­ter­reichs renom­miertes Arbeit­s­recht­steam ist ab so­fort auch in der ober­ös­ter­reichis­chen Landeshauptstadt mit Recht­san­walt Gregor Erler hoch­karätig präsent. 
22/09/2022
CMS M&A-Aus­blick: Boom oder Ein­bruch?
M&A ex­pect­a­tions run high: Al­most all re­spond­ents (88%) are cur­rently con­sid­er­ing M&A.Un­der­val­ued tar­gets and dis­tressed sales to drive activ­ity: The biggest buy-side driver of M&A is ex­pec­ted to be the avail­ab­il­ity of un­der­val­ued deal tar­gets. On the sell-side, dis­tressed situ­ations are ex­pec­ted to be the biggest driver, cited by 26% of re­spond­ents.Valu­ation gaps: seller/buy­er valu­ation gaps are seen as the biggest obstacles to M&A.Cost of fin­an­cing to in­crease: As many as 87% of all re­spond­ents ex­pect fin­an­cing to be tight­er com­pared with 2021 – this in­cludes 45% who ex­pect it to be much more dif­fi­cult.ESG rises up the M&A agenda: Some 90% of re­spond­ents ex­pect ESG scru­tiny in their deal­mak­ing to in­crease over the next three years, com­pared to 72% in 2021’s sur­vey.Des­pite fa­cing a far more dif­fi­cult deal en­vir­on­ment, 73% of deal­makers ex­pect the level of European M&A activ­ity over the next year to in­crease, up from 53% this time last year, ac­cord­ing to the tenth edi­tion of the European M&A Out­look, pub­lished by CMS in as­so­ci­ation with Mer­ger­mar­ket.  The re­port of­fers a com­pre­hens­ive as­sess­ment of deal­mak­ing sen­ti­ment in Europe’s M&A mar­ket. It re­flects the opin­ions of 330 cor­por­ates and private equity firms based in Europe, the Amer­icas and Asia-Pa­cific about their ex­pect­a­tions for the European M&A mar­ket in the year ahead. Louise Wal­lace, Head of the CMS Cor­por­ate/M&A Group, said: "Des­pite on­go­ing geo­pol­it­ic­al un­cer­tainty, rising in­fla­tion and in­terest rates, 2022 has seen M&A largely above or in line with pre-pan­dem­ic levels with of a num­ber of large M&A deals, par­tic­u­larly in the In­dus­tri­als, Tech­no­logy, Real Es­tate and Con­sumer sec­tors.  Fin­an­cial spon­sors re­main very act­ive and cor­por­ate ex­ec­ut­ives con­tin­ue to dis­cuss pos­sible deals, and all are send­ing clear and strong sig­nals that deal-mak­ing activ­ity is likely to con­tin­ue at a high level in the com­ing months." While re­spond­ents’ ex­pect­a­tions may be high, seller/buy­er valu­ation gaps are ex­pec­ted to be the biggest obstacle to M&A as sellers struggle to let go of pre­vi­ous all-time high valu­ations and buy­ers wish to ac­quire re­priced as­sets. They are also keenly aware that bor­row­ing will be more costly and less read­ily ac­cess­ible. No less than 87% of re­spond­ents say they ex­pect fin­an­cing mar­ket con­di­tions to be tough­er than last year, in­clud­ing 45% who ex­pect them to be sig­ni­fic­antly more chal­len­ging. Ham­mer­ing home this real­ity, not a single re­spond­ent be­lieves that fin­an­cing con­di­tions will be easi­er than last year.  A more chal­len­ging busi­ness en­vir­on­ment will have its up­sides how­ever: just over a fifth (21%) of deal­makers cite un­der­val­ued tar­gets as the biggest buy-side driver of activ­ity, while 26% view dis­tressed situ­ations as the biggest driver on the sell-side. The oth­er key fo­cus for re­spond­ents is the rise of en­vir­on­ment­al, so­cial and gov­ernance (ESG) factors. As many as 90% of re­spond­ents an­ti­cip­ate ESG com­ing un­der closer fo­cus in their deal­mak­ing over the next three years, com­pared with 72% in last year’s sur­vey. The pro­por­tion of re­spond­ents ex­pect­ing ESG scru­tiny to sig­ni­fic­antly in­crease has nearly doubled to 48% from 26% 12 months ago. The trend could not be clear­er. Malte Bruhns, Co-Head of the CMS Cor­por­ate/M&A Group, said: " In­vest­ments that in­cor­por­ate ESG met­rics can help you in­vest suc­cess­fully for the long term. In our view, so­ci­ety is un­der­go­ing a paradigm shift to­wards sus­tain­ab­il­ity, and com­pan­ies, in­vestors and gov­ern­ments need to pre­pare for a sig­ni­fic­ant shift of cap­it­al. It is be­com­ing in­creas­ingly im­port­ant for com­pan­ies to im­ple­ment a clear sus­tain­ab­il­ity strategy, with in­sti­tu­tion­al in­vestors hav­ing im­ple­men­ted ESG com­mit­ments in­to their in­vest­ment de­cisions." In terms of sec­tor-level activ­ity, buy­ers are more up­beat on TMT than any oth­er sec­tor, which is jus­ti­fied giv­en that it has con­sist­ently claimed the largest share of M&A value in Europe over the past dec­ade, cor­rel­at­ing with in­creas­ing rates of di­git­al­isa­tion and con­nectiv­ity. A third (33%) of re­spond­ents ex­pect it to see the highest growth over the next 12 months, a fur­ther 35% an­ti­cip­at­ing it to be the sec­tor which de­liv­ers the second-highest growth.
21/09/2022
Any way you see it: CJEU Ad­voc­ate Gen­er­al is­sues Opin­ion on parts of designs...
The Court of Justice of the European Uni­on (CJEU) Ad­voc­ate Gen­er­al Szpunar (AG) has de­livered his Opin­ion in a re­quest for a pre­lim­in­ary rul­ing by the Fed­er­al Pat­ent Court of Ger­many (Bundes­pat­ent­gericht)...
20/09/2022
Skin­teg­rated Cos­me­ceut­ic­als - is Pharma be­com­ing sexy (again?)
Case Study: Skin­tegra, Skin­teg­rity Cos­me­ceut­ic­als are sexy right now.  They’re less reg­u­lated than the phar­ma­ceut­ic­al in­dustry (al­though don’t let that fool you in­to be­liev­ing you can say whatever...
15/09/2022
Boom & Gloom? CMS European M&A Out­look 2023
We are pleased to share with you the 2023 edi­tion of the European M&A Out­look pub­lished by CMS in as­so­ci­ation with Mer­ger­mar­ket.
15/09/2022
CMS Em­ploy­ment Snack | Alles für den Herbst
CMS Em­ploy­ment Snack 
14/09/2022
CMS bi­etet Start-ups ex­klus­iven Zugang zu glob­aler Rechts­ber­a­tung: equIP-Pro­gramm...
Die in­ter­na­tionale Start-up-Ini­ti­at­ive von CMS nim­mt wieder neue Kan­did­aten:innen in das equIP-Pro­gramm auf. Die Be­w­er­bung­s­phase star­tet am 15. Septem­ber 2022.In­nov­at­ive Start-ups sind mit kom­plex­en Rechts­fra­gen kon­fron­tiert, die viele un­ter­schied­liche Rechts­bereiche be­tref­fen und oft auch in­ter­na­tionale Di­men­sion­en auf­weis­en. Hin­zu kom­men tech­no­lo­gis­che In­nov­a­tion­en, die völ­lig neue recht­liche Frages­tel­lungen aufwer­fen. Ist das der Fall, ist es für junge Un­terneh­men von es­sen­ti­eller Bedeu­tung, er­fahrene Ex­pert:innen mit Start-up-Kom­pet­enz an ihr­er Seite zu haben, so­dass recht­liche Stolp­er­steine frühzeit­ig erkan­nt und aus dem Weg ger­äumt wer­den. Die glob­al tätige An­walt­skan­zlei CMS nim­mt hier mit dem equIP-Pro­gramm, das den teil­nehmenden Start-ups unter an­der­em ein­en ex­klus­iven Zugang zu einem gren­züber­s­chreit­enden Rechtsser­vice bi­etet, eine in­ter­na­tionale Führung­s­pos­i­tion als Leg­al Ac­cel­er­at­or ein.equIP-Pro­gramm star­tet neue Be­w­er­bung­s­runde Im Herbst star­tet das equIP-Pro­gramm in die näch­ste Runde: Ab 15. Septem­ber 2022 können in­teressierte Start-ups unter cms.law/start-ups ihre Be­w­er­bung­sun­ter­la­gen für die Teil­nahme ein­reichen. Die Be­w­er­bung­s­phase läuft bis Ende Ok­to­ber (31.10.2022). Er­st­mals wer­den heuer je­w­eils drei ex­klus­ive Plätze für Start-ups mit klar­em ESG-Schwer­punkt sow­ie mit zu­mind­est 50% Frauen im Gründer:innen­team vergeben. Aus den eingegan­gen­en Be­w­er­bun­gen wählt eine Fachjury die in­nov­at­ivsten und chan­cenreich­sten Start-ups für das equIP-Pro­gramm aus. Mit­glieder der Jury sind Klaus Pat­eter, Head of Start-up Desk & Di­git­al­isa­tion bei CMS, CMS Part­ner­in Gab­ri­ela Staber, Recht­san­wält­in für In­tel­lec­tu­al Prop­erty, Life Sci­ences & Health­care, sow­ie Kambis Ko­hansal Va­jar­gah, Head of Star­tup-Ser­vices der Wirtschaft­skam­mer Ös­ter­reich.Vorteile für equIP-Mit­glieder Klaus Pat­eter, Recht­san­walt bei CMS und ver­ant­wort­lich für das equIP-Pro­gramm: „Mit equIP bi­etet CMS jun­gen Un­terneh­men während der Wach­stum­s­phase ein ein­z­igartiges An­ge­bot. equIP-Mit­glieder er­hal­ten nicht nur in Ös­ter­reich, son­dern in­ter­na­tion­al Zugang zu einem Net­zwerk von An­wält:innen, die eine Leidenschaft für Start-ups haben und auch über die reine Rechts­ber­a­tung hinaus zum Er­folg beitra­gen möcht­en.“  equIP-Mit­glieder er­hal­ten für drei Jahre ein­en Ra­batt von 50% auf die Stand­ard­hon­or­are – bei einem jähr­lichen Leis­tung­sum­fang von bis zu 12.500 Euro (Wert: 25.000 Euro). Dabei steht die Be­r­a­tung bei der Gründung und Fin­an­zier­ung von Start-ups, Mit­arbei­t­er­beteili­gungs-pro­gramme und Arbeit­s­recht, geistiges Ei­gentum und IT- und Datens­chutzrecht sow­ie Gew­erbe- und Auf­sicht­s­recht im Mit­telpunkt. Pat­eter: „Darüber hinaus stellt CMS den equIP-Mit­gliedern sein Net­zwerk aus In­vestor:innen, In­dus­trie und rel­ev­anten Ak­teur:innen der Branche zur Ver­fü­gung.“  Zu den Start-ups, die sich bereits im equIP-Pro­gramm befind­en bzw. in den let­zten Runden auf­gen­om­men wur­den, zäh­len ADA Power Wo­man, Blueground, Brick­wise, Com­mon­sun, Hy­drofi, loob, My­First­Plant, NOVID20, Schrankerl, VERDI Solu­tions, Zer­olens.Kom­pet­ente Part­ner:innen für Start-ups Mit equIP wer­den vor al­lem Start-ups in der Wach­stum­s­phase an­ge­sprochen, die in neue Tech­no­lo­gi­en oder neue Märkte in­vest­ier­en wollen. Kambis Ko­hansal Va­jar­gah, Head of Star­tup-Ser­vices der Wirtschaft­skam­mer Ös­ter­reich, ken­nt das Prob­lem: „Un­ter­schied­liche Recht­sord­nun­gen stel­len diese Un­terneh­men in vielen Fäl­len vor Heraus­for­der­ungen, die al­lein nicht zu be­wälti­gen sind. De­shalb braucht es neben der guten Idee, großem En­gage­ment und dem Mut zur Ex­pan­sion auch kom­pet­ente Part­ner:innen, die be­ratend zur Seite stehen. Die Ex­pert:innen der Wirtschaft­skam­mern in Ös­ter­reich sow­ie die An­wält:innen von CMS sind hier wichtige An­s­prech­per­son­en.“In­teressierte Start-ups können sich ab so­fort zur Be­w­er­bung an­melden: cms.law/start-ups
14/09/2022
Wa­ter­Row­er is “ar­gu­ably” a work of artist­ic craft­man­ship
The In­tel­lec­tu­al Prop­erty En­ter­prise Court (IPEC) has ruled that there are “real pro­spects” of es­tab­lish­ing that a wa­ter res­ist­ance row­ing ma­chine is a work of artist­ic crafts­man­ship un­der the Copy­right...
13/09/2022
Open secrets? Guard­ing value in the in­tan­gible eco­nomy
Some leaks can’t be fixed “Con­fid­en­tial in­form­a­tion is like an ice cube... give it to the party who has no re­fri­ger­at­or or will not agree to keep it in one, and by the time of the tri­al you have just a pool of wa­ter.” This, from the so-called Spycatch­er case (1987), ap­plies well to cor­por­ate as­sets: fail to store them cor­rectly and all you might have left is an ex­pens­ive mess.The con­sequences of even a minor ex­pos­ure of a trade secret can be huge. As this re­port re­veals, the pro­tec­tion of trade secrets is rightly re­cog­nised by most seni­or ex­ec­ut­ives as a pri­or­ity is­sue. But the re­search also re­veals gaps that leave com­pan­ies un­ne­ces­sar­ily ex­posed to risks. The top named threats – cy­ber­se­cur­ity at­tacks and em­ploy­ee leaks – res­on­ate with what we see im­pact­ing our cli­ents. In­creased home and re­mote work­ing is strain­ing se­cur­ity meas­ures and em­ploy­ee loy­alty. Ad­ded to this, an ‘in­nov­ate or die’ at­ti­tude in highly-com­pet­it­ive sec­tors can mo­tiv­ate new join­ers to ar­rive with ques­tion­able ma­ter­i­al from their pre­vi­ous em­ploy­er, or worse: out­right theft between com­pet­it­ors. But while it is easy to fo­cus on the lurk­ing threats from weakened cy­ber se­cur­ity and dis­gruntled em­ploy­ees – and they are im­port­ant – there are more routine ac­tions a com­pany can take to safe­guard its secrets than just up­dat­ing its IT sys­tems or the em­ploy­ee hand­book. Com­monly, those who most need our help already have a trade secrets policy but have not prop­erly im­ple­men­ted it in re­la­tion to the secret in ques­tion. Or the policy has not been up­dated to re­flect the in­tan­gible as­sets the busi­ness now owns. Or pro­tec­tion was taken for gran­ted.With trade secrets – which for many busi­nesses are stra­tegic­ally more im­port­ant than a pub­lic pat­ent port­fo­lio – it is al­ways cost­li­er and messi­er to find solu­tions after a theft or a leak. Identi­fy­ing the trade secrets and the threats posed to them, com­bined with rig­or­ous in­tern­al pro­cesses and well-draf­ted con­tracts, can help pre­vent such prob­lems from hap­pen­ing. Harder, but just as ne­ces­sary, is en­ga­ging hearts and minds in cor­por­ate cul­ture, to know why trade secrets are im­port­ant, why we are all are re­spons­ible for pro­tect­ing them, and what may hap­pen if we do not (to both the com­pany and the in­di­vidu­al). In our ex­per­i­ence, the busi­nesses with the strongest de­fences have not only thought stra­tegic­ally about their in­tan­gible as­sets and how best to pro­tect them but are also pre­pared for the worst. The trick to avoid­ing an as­set be­com­ing a crisis is to be wise be­fore the event.
13/09/2022
UPC Rules of Pro­ced­ure go in­to force with judg­ments to be made pub­lic
The entry in­to force of the Rules of Pro­ced­ure is part of the fi­nal pre­par­a­tions for the United Pat­ent Court (UPC), which is cur­rently ex­pec­ted to start work in early 2023. After the bod­ies of the UPC...
13/09/2022
CMS Ex­pert Guide to pub­lic pro­cure­ment reg­u­la­tion
Ju­ly 2021 Pub­lic pro­cure­ment is a power­ful tool for gov­ern­ments try­ing to cre­ate dy­nam­ic, in­nov­at­ive and sus­tain­able mar­kets, eco­nom­ies and so­ci­et­ies. Ac­cord­ing to the European Com­mis­sion, “every year...
12/09/2022
CMS Pub­lic Pro­cure­ment Con­tact Card
World-class pub­lic pro­cure­ment spe­cial­ists The qual­ity of pub­lic ser­vices is in­creas­ingly de­term­ined by world-class skills in pub­lic pro­cure­ment. The pro­cure­ment re­gime ap­plies not only to the pub­lic...