Attorney at law, Partner
Mag. Dr. Felix Michael Klement, MBA
Dr. Karl Lueger-Platz 5, 1010 Wien
Expertise
Felix Michael Klement advises national and international companies, particularly in the construction and building materials, food, and insurance industries. His areas of expertise include contentious corporate law, corporate restructuring in the context of insolvency, competition law, and advising supervisory and management board members on corporate law matters.
Foreign Language: English, French
Key Areas of Practice
- Corporate Law, Joint Ventures
- Turnaround and Restructuring
- Distressed M&A, Acquisition of Companies in Crisis or Bankruptcy
- Antitrust Law
- Litigation / Arbitration
- Insurance Contract Law
Publications and presentations:
- Susanne Fruhstorfer/Felix Michael Klement, Forum Shopping (Jurisdictions in Austria), LLP, London, Hong Kong, 1998;
- Michael Metzler/Felix Michael Klement, Cumulative Penalties for Noncompliance in Competition Law, ecolex 09/01;
- Roman Leitner/ Felix Michael Klement“Current Developments in Criminal Tax Law 2001, in Roman Leitner, Legal Protection in Administrative Criminal Tax Proceedings, Linde 2002;
- Felix Michael Klement, “Tracking Stocks” as a Structuring Option for AGs and GmbHs, SWK 19/2002;
- Felix Michael Klement, Economic, Legal, and Tax Considerations Regarding the Creation of Profit-Sharing Arrangements in Certain Business Divisions, SWK 2002;
- Felix Michael Klement, Group Practices/Treatment Companies in the Legal Form of an OEG, ecolex 06/02;
- Felix Michael Klement, Delisting—Going Private—P2P: On the Corporate and Capital Markets Law Requirements for Delisting, WBl 2003, 11;
- Felix Michael Klement, , The Federal Court of Justice (BGH) Weighs In on the Stock Corporation Law Requirements for Delisting, WBl 2003, 312;
- Felix Michael Klement, “Comparison of the Legal Status of the Bidder Under Takeover Law in Austria, the United Kingdom, Germany, and Switzerland,” ZfRV 2003, 41;
- Felix Michael Klement/Natalie König-Bechter, The Recast Merger Control Regulation, GesRZ 6/2004; 1/2005;
- Felix Michael Klement, Personnel Interconnections in Austrian Merger Control, WBl 2005, 156;
- Felix Michael Klement, Constitutional Court Reviews Key Provisions of Takeover Law, ecolex 2006, 133;
- Felix Michael Klement, Shareholder Expulsion under the Shareholder Expulsion Act: A Checklist, ecolex 2006, 912;
- Felix Michael Klement, Constitutional Court in the “Böhler Uddeholm” Case on the Regulatory Authority of Collegial Authorities Pursuant to Art. 133(4) of the Federal Constitutional Law (B-VG), ecolex 2007, 40;
- Beate Anzinger/Felix Michael Klement, , On the Contractual Structure of the Terminability of Profit Participation Rights, GES 2011/7, 321 et seq.;
- Felix Michael Klement, Federal Constitutional Court Weighs In on the Requirements for Delisting, WBl 2013, 194;
- Felix Michael Klement, Federal Court of Justice Weighs In on Delisting: No Right to Cash Settlement, No Requirement for a Shareholders’ Meeting, No Mandatory Tender Offer, WBl 2014, 133 ff.;
- Felix Michael Klement, Commercial Agency under European and Austrian Antitrust Law, in Michael Nocker, Commentary on the Commercial Agency Act 2, Austria 2015;
- Felix Michael Klement, “Why There Is No Commercial Agent Privilege—On the Attribution of Sales Transactions by Sales Intermediaries in Antitrust Law,” WuW, 2016, 15 ff.;
- Felix Michael Klement/Christian Fritz, *The Civil Law Partnership, Commentary, LexisNexis, publication date March 31, 2018;
- Felix Michael Klement, “On the Liability Privilege for Experts,” ecolex 2020, 394 ff.;
- Harald Fux, Felix Taub, Felix Michael Klement, “The Virus in the Construction Industry: Consequences of Disruptions to Construction Work Due to the COVID-19 Pandemic,” ecolex 2020, 675;
- Fritz/Klement/Taub, Collection of Model Contracts on GmbH Law, Volume IV, Termination, Reorganization, GmbH—International, Corporate Agreements, 2nd ed., Vienna 2021;
- Klement/Fritz (eds.), Handbook: Corporate Acquisitions in Times of Crisis and Insolvency, Manz 2022;
- Felix Michael Klement, , “Restructure or Withdraw—Constitutional Considerations,” FS Leitner (2022);
- Felix Michael Klement/Paul Fitz, , “Return of Contributions, Causation, and Shareholder Advantage: On the Decision 6 Ob 234/21m,” GES 2022, 380;
- Felix Michael Klement/Paul Fitz, , “Duty to Disclose in Crisis-Induced Corporate Sales,” commentary on 8 Ob 121/22k, ecolex 2023/134, ecolex 2023, 218 ff.;
- Felix Michael Klement/Paul Fitz, , Remedies in Stock Corporation Law—Before and After the EUUmgrG, GES 2023, pp. 292–298;
- Felix Michael Klement, , Restructuring or Withdrawal: Constitutional Considerations, taxlex 2024/82; 2024/82;