On 22 February 2021, the eagerly awaited ministerial draft regarding the Federal Law on the Implementation of the Directive on Restructuring and Insolvency (EU) 2019/1023 (DRI) was published. The draft includes not only a new federal law on the restructuring of companies ("Restructuring Act", abbreviated to "RA"), but also amendments to the Austrian Insolvency Code, the Court Fees Act, the Judicial Contribution Act and the Lawyers' Tariff Act. The review period ends on 6 April 2021. Austria is obliged to implement the directive by 17 July 2021.