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Act reforming the GesbR (corporate civil-law partnership) comes into power


The corporate civil-law partnership is one of the most versatile legal institutions in Austria. It can be found in use by consortiums in the construction industry, by bidding consortiums in procurement proceedings, by banks for syndicated loan agreements, by agricultural and forestry enterprises, by  long-term partners building a house and by hunting parties. An act fundamentally reforming the GesbR came into force on 1/1/2015.

Full article in German


Portrait of Johannes Reich-Rohrwig
Johannes Reich-Rohrwig