Austrian Supreme Court departs from its strict case law on value retention clauses in association proceedings.
For her outstanding dissertation "Die gesetzlichen Verzugszinsen gemäß § 1333 Abs 1 ABGB - Zur Ausgestaltung, Wirkung und Rechtsnatur der gesetzlichen Zinspauschalierung bei Schuldnerverzug mit einer Geldforderung", the associate was awarded the promotional prize of the Banking Association last week.
This is the fifth award for her exceptional dissertation.
The Bankenverband has been awarding the Banking Association Award (Bankenverbandspreis) to young academics who write papers in the field of business, banking and financial law as part of their studies or post-doctoral work since 1978.
Austrian Supreme Court departs from its strict case law on value retention clauses in association proceedings.
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