For the fourth time, RPCK was selected as finalist for the Grunin Prize of the Grunin Center for Law and Social Entrepreneurship at NYU School of Law. In the past, our innovative fund structures and our work in the field of impact investing were highlighted – this year, we are nominated for our contributions to the new corporate entity in Austria, the FlexCo.

Founder Keyvan Rastegar and the entire team in Vienna played a key role in the creation of this corporate form, and thus RPCK lawyers belong to the leading experts on the new entity type in Austria. The flexible company (FlexCo) was created to ease doing business in Austria and thus strengthen the business location and remain internationally competitive. As part of the expert group of the Federal Ministry of Justice (2020), Keyvan Rastegar was involved in this project from the beginning and helped shape the Flexible Company Law (FlexKapGG) through numerous negotiations and proposed solutions. The new law was comprehensively commented on in the first major commentary, the FlexKapGG-ON, published by Manz Verlag with Keyvan Rastegar, Katharina Rastegar, and Rahim Rastegar as co-authors and editors of this work.

We are proud that our expertise is drawn on for these kinds of reforms and that RPCK is directly involved in these developments in Austria. Being nominated as a finalist for the Grunin Prize brings international recognition to this once-in-a-century event, and we hope that this reform will inspire some modernization and innovation in other jurisdictions.

Information about the prize and other projects can be found here on the Grunin Prize homepage.