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Corporate Law Update: Austria’s Startup Ecosystem Set for Growth – a Look into the Startup Promotion Act and the Flexible Corporations Act (FlexKapGG)

Tl;dr Introduction In an era where innovation is the key to economic growth, the Austrian government has taken a significant step towards fostering a robust startup ecosystem. The introduction of the Startup Promotion Act (Start-Up-Förderungsgesetz; 275/ME) and the Flexible Corporation Act (Flexible Kapitalgesellschafts-Gesetz, FlexKapGG; Gesellschaftsrechts-Änderungsgesetz 2023 – GesRÄG 2023, Änderung (276/ME)) has the possibility to reshape the corporate framework for… Read More »Corporate Law Update: Austria’s Startup Ecosystem Set for Growth – a Look into the Startup Promotion Act and the Flexible Corporations Act (FlexKapGG)

Understanding Term Sheets: Key Provisions and Negotiation Strategies for Venture Capital Financing – Part 1/2

Tl;dr After reading this blog post, you will know more about these topics: Introduction Term sheets are a a vital part of most venture capital financing processes. They outline the main terms of an agreement between investors and founders before final legal documents are created. Although most term sheet provisions are non-binding (the few binding provisions of term sheets usually… Read More »Understanding Term Sheets: Key Provisions and Negotiation Strategies for Venture Capital Financing – Part 1/2

A blog about legal topics | the non-scientific hands-on approach to law

Tl;dr Blog articles and scientific papers in professional journals are inherently different formats. While scientific articles tend to lay the theoretical base for legal concepts or envisage to expand on them, blog articles put these concepts into action and are particularly useful for giving practical hands-on guidance on specific legal questions. Both can be valuable and both formats are suitable… Read More »A blog about legal topics | the non-scientific hands-on approach to law