The 172nd event in the ‘Aktuelle Probleme des Wirtschaftsprivatrechts’ series featured Dr Patrick Raschner (habilitation candidate, University of Innsbruck), who discussed information rights in GmbH and FlexCo. Dr Raschner provided an overview of GmbH law, emphasising the obligation to send annual financial statements to shareholders and the Austrian Supreme Court’s development of a comprehensive right to information.

Dr Raschner also examined FlexCo’s information rights, focusing on the scope for parties involved in company value and addressing the contentious issue of ‘information access’ in affiliated companies. He also discussed abuse of information rights and potential legal consequences, including damage claims, a topic still unresolved by the Austrian Supreme Court, despite growing scholarly discussion.

The seminar, organized by Prof Dr Susanne Augenhofer LLM (Yale), Prof Dr Alexander Schopper and Prof Dr Julia Told, concluded with a discussion on the limits of FlexCo’s information rights and other contentious issues.