International Comparative Guides | 12 December 2017

Austrian law regards directors and officers as fiduciaries of their respective company (or rather: its shareholders). This is because, as a basic principle, executives do not usually manage their own assets but rather assets belonging to third parties.

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International Comparative Guides | 31 August 2017

While Warranties and Indemnities Insurance (“W&I Insurance”) has long since been anchored in Anglo-American transactional practice, this type of insurance has only recently gained importance in continental Europe and, in particular, on the Austrian market.

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