The Legal 500

Austria > Central and Eastern Europe

Editorial sections

Other

All countries

Index of tables

  1. Central and Eastern Europe
  2. Leading individuals

Leading individuals

CHSH Cerha Hempel Spiegelfeld Hlawati is ‘outstanding in Austria and in the CEE region’. Its recent work includes advice to gaming company Novomatic Group on the acquisition of a gaming group across Austria and Romania, a complex deal involving elements of distressed M&A. It also worked with Algeco Scotsman Group on its debut into central Europe through the acquisition of the A1-Container Group in Austria, Hungary and Slovenia. Thomas Trettnak ‘makes no mistakes’, is ‘very well organised’, and gives ‘good advice’.

Offering ‘a network to the eastern European states’, CMS is able to provide local law advice across a full range of practice areas. The firm has a strong presence in the Balkan countries, recently advising solar company JUWI Solar on projects in Bulgaria; Fresenius Medical Care on a €385m acquisition in Bosnia and Herzegovina; and UK property investor Carpathian on its Croatian operations. Günther Hanslik is ‘excellent’. The firm has over 500 lawyers across the region.

Freshfields Bruckhaus Deringer’s ‘regional knowledge and international expertise make it a natural choice for complex, cross-border deals’. Its lawyers covering the CEE region are ‘always available on short notice’, and Friedrich Jergitsch in particular is ‘very responsive and dedicated’. The firm advised Sberbank of Russia in its acquisition of Volksbanken International, involving the acquisition of ten banks across the CEE region. The firm also operates a growing Turkey desk.

Schoenherrdefinitely beats the market’ in terms of its ‘profound knowledge of laws in the CEE region’ and ‘perfect response times’. The practice advised VTB Capital (the investment arm of Russia’s second-largest bank) on the acquisition of a controlling stake in Bulgartabac, after the Bulgarian government launched its privatisation. Another highlight was working with Romanian investment company SIF Muntenia on the sale of 6% of BCR to Erste Bank, worth €96m. Markus Piuk has ‘extensive language skills’.

Wolf Theisshas become the go-to firm for the central and eastern European region’, and its ‘smart, international mindset’ also ‘offers local solutions’. It has expertise in energy-related work, and recently advised on a wind farm transaction in Romania. It also assisted the Vienna Insurance Group on the acquisition of a real estate portfolio across the Czech Republic, Hungary and Slovakia, valued at €150m. Horst Ebhardt and Christian Mikosch’s experience in the region provides ‘a strong strategic vision’ and enables them to ‘assess risks in a sophisticated manner’.

Binder Grösswang Rechtsanwälte is recommended for its capabilities ‘on high-level and complex cross-border’ cases in the CEE region. Its team includes ‘true experts’ in their fields, offering a service of ‘great value’ to clients. Florian Khol and Andreas Hable in particular are ‘very good to work with, providing excellent and client-oriented advice’. The firm advised Banca Popolare di Vicenza on its sale of shares in Volksbank International across seven CEE jurisdictions.

Dorda Brugger Jordis has a ‘good international network’, and is ‘outstanding’ and ‘highly professional’. Its CEE practice saw an increase in real estate transactions over 2012. It advised Kwizda (a pharmaceuticals producer) on its continued expansion into eastern Europe, including Bulgaria, Montenegro and Belarus. Stefan Artner has ‘excellent knowledge of local and international banking laws’.

TaylorWessing e|n|w|c Attorneys at Law’s ‘solution-oriented and practical’ CEE team is a ‘one-stop-shop for Austria and various eastern European countries’. It has offices in Slovakia, Hungary, Poland, Ukraine and Czech Republic, providing ‘seamless services without any interface problems’. Its Hungary office assisted US legal counsel in defending the Hungarian state in a claim for the return of a number of pieces of art held by national museums. Martin Eckel and Georg Walderdorff are recommended in the Vienna office.

Baker & McKenzie Diwok Hermann Petsche Rechtsanwälte GmbH is part of a network of five offices in the CEE region. It recently acted in a dispute for a CEE bank. Stefan Riegler is ‘well known in the local market’.

DLA Piper Weiss-Tessbach recently advised on the purchase of a shopping centre in Prague on behalf of an Austrian client. Max Becker has experience in multi-jurisdictional corporate deals across the CEE region.

In 2012, Eisenberger & Herzog advised the Hypo Alpe Adria-Group on the sale of eight shopping centres and 12 retail centres in Slovenia. It also worked on the development of renewable energy projects in seven CEE jurisdictions for Wien Energie. Michael Strenitz and his CEE team deliver ‘a high standard of professionalism and knowledge’.

Benn-Ibler Rechtsanwälte GmbH continues to advise an Austrian bank on corporate issues relating to a grant to refinance a portfolio of 12 hotels across five countries in the CEE. The firm also advised Warimpex Finanz und Beteiligungs on the sale of a joint venture intended to set up budget hotels in Poland, Czech Republic and Hungary. Stefan Eder is the contact.

Brauneis Klauser Prändl Rechtsanwälte GmbH operates a legal and tax network within ten countries. Past clients include a Taiwanese manufacturer looking to expand in the region. Orlin Radinsky leads on CEE work and speaks fluent Bulgarian.

Eckert Fries Prokopp Rechtsanwälte GmbH has links with corporates across the region, and has a specialism in civil aviation law.

Fellner Wratzfeld & Partners is ‘a highly professional firm’. It recently reviewed the arrangements for an Austrian bank’s debt structures in the CEE region. Paul Luiki is ‘an outstanding lawyer with a hands-on approach’.

Gunter Griss covers all central and eastern Europe matters at Griss & Partner, which has ‘a perfect understanding of business-to-business matters’.

Karasek Wietrzyk Rechtsanwälte GmbH has strength in Bulgarian work, with both an office in Sofia and a desk in Vienna focused on the country. Nikolay Belokonski is the contact.

Saxinger, Chalupsky & Partners Rechtsanwälte GmbH (SCWP Schindhelm) has six offices in the CEE, and recently handled transactional work for a manufacturer with sites in Slovakia and across Europe.

In 2012, Siemer-Siegl-Füreder & Partner, Rechtsanwälte handled work in Serbia, Slovakia and Russia, and advised a service provider with subsidiaries in almost all CEE countries. Hannes Füreder is recommended.

New firm Specht Böhm Rechtsanwalt GmbH’s CEE team expanded considerably in 2012 and now operates out of Moscow, Kiev, Belgrade and Istanbul. It provided full-service support to a Serbian company on an acquisition of railway assets.

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

Legal Developments in Austria

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Reselling Used Apps?

    In a recent decision, the Court of Justice of the European Union (CJEU) held that the resale of used software generally cannot be excluded in licence terms. The judgment, which aimed at the resale of used business software, may also affect the app market. Read more...
  • Austria: New Law Makes Establishing a GmbH Easier and Cheaper

    On Friday, 22 March 2013, a draft new law (Gesellschaftsrechts-Änderungsgesetz 2013 - GesRÄG 2013) was revealed by Minister of Justice Beatrix Karl and Minister of Economy Reinhold Mitterlehner. The GesRÄG 2013, which is expected to come into force on 1 July 2013, aims at facilitating the establishment of an Austrian limited liability company (Gesellschaft mit beschränkter Haftung - GmbH). This article provides a summary of the draft. 
  • Mergers & Acquisitions 2013. Chapter 6: Austria.

    This guide provides corporate counsel and international practitioners with a comprehensive worldwide legal analysis of the laws and regulations of mergers and acquisitions. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Mergers & Acquisitions; published by Global Legal Group Ltd, London. www.iclg.co.uk .
  • EU: Genuine Use of Community Trademarks Changes due to recent CJEU decision C-149/11

    EU-wide protected Community Trademarks (as well as national trademarks) have to be used for the claimed goods and services in the course of trade within the EU in order to maintain their protection and enforceability. A (partial) lack of use, however, does not automatically result in a (partial) lapse of the trademark registration. On the other hand, after an initial “grace period” of 5 years beginning with the registration of the trademark, genuine use of the trademark would have to be proven when enforcing such trademark against third parties; furthermore, anybody could request revocation of such trademark in so far as it had not been genuinely used for goods and services covered by the registration (Art 15, 51(1)(a) CTMR).
  • Real Estate 2013. Chapter 4: Austria

    This guide provides the international practitioner and in-house counsel with a comprehensive worldwide legal analysis of the laws and regulations of real estate. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Real Estate; published by Global Legal Group Ltd, London. www.iclg.co.uk .
  • Real Estate 2013. The End of Extend and Pretend: Non-Performing Loans in CEE/SEE

    This guide provides the international practitioner and in-house counsel with a comprehensive worldwide legal analysis of the laws and regulations of real estate. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Real Estate; published by Global Legal Group Ltd, London. www.iclg.co.uk . 
  • Client Alert: Amendments to Austrian Competition Law

    In December 2012, the Austrian Parliament adopted changes to the Austrian Cartel Act as well as the Austrian Competition Act that will enter into force as of 1 March 2013 (Austrian Cartel and Competition Law Amendment Act; KaWeRÄG 2012). Although the Amendment does not lead to a major overhaul of the current system, several changes are noteworthy: 
  • EU: European Commission releases Action Plan on European Company Law and Corporate Governance

    The Action Plan is titled "European company law and corporate governance – a modern legal framework for more engaged shareholders and sustainable companies" and was made public on 12 December 2012. Its key elements are presented in the following summary.
  • Austria: New laws on Hiring-Out of Labour

    Based on directive 2008/104/EC, Austria's hiring-out of labour laws have been amended (BGBl 98/2012). According to the directive, the implementation into national law should already have taken place by 5 December 2011. After a first failed attempt in February 2012 to implement the directive effective 1 July 2012, the implementation has now taken place belatedly, effective 1 January 2013. Furthermore, the new laws on the hiring-out of labour not only implemented the directive, but also stipulated further regulations for temporary work. This text provides an overview of the most important amendments in the new laws.
  • CEE: The Corruption Perception Index 2012

    Transparency International ("TI") released its Corruption Perception Index 2012 ("CPI 2012") earlier today. The Corruption Perception Index ranks countries based on how corrupt their public sector is perceived to be. The index, which reflects the views of observers from around the world, offers a yearly snapshot of the problem of corruption by ranking countries from all over the globe. The index covers issues such as free access to information, bribery of public officials, kickbacks in public procurement, and the enforcement of anti-corruption laws. The CPI 2012which is available at: http://cpi.transparency.org/cpi2012/results/ ranks 176 countries.

Press Releases in Austria

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
  • Austria/CEE: Schoenherr further expands its strong standing in new Chambers Global rankings

    Schoenherr's standing as a leading corporate law firm in Central and Europe Europe (CEE) has once again been confirmed by the rankings that Chambers & Partners, the distinguished legal directories publisher, released at the end of last week. Schoenherr practice areas in Austria and across CEE received a total of 17 rankings in the 2013 edition of Chambers Global, including seven top tier ("Band 1") rankings. Read more...
  • Austria: Schoenherr advises NOVOMATIC on acquisition of majority stake in I-NEW

    Schoenherr, a leading corporate law firm in Central and Eastern Europe, advised NOVOMATIC AG, one of the world's largest producers and operators of gaming technologies, in connection with its investment in I-NEW Unified Mobile Solutions AG. Following the 19 April 2013 signing, NOVOMATIC's acquisition of a 50.097 percent stake in I-NEW is expected to close in around two months. The parties agreed to keep the financial terms of the transaction confidential. Read more...
  • Schoenherr further expands its strong standing in new Chambers Global rankings

    Schoenherr's standing as a leading corporate law firm in Central and Europe Europe (CEE) has once again been confirmed by the rankings that Chambers & Partners, the distinguished legal directories publisher, released at the end of last week. Schoenherr practice areas in Austria and across CEE received a total of 17 rankings in the 2013 edition of Chambers Global, including seven top tier ("Band 1") rankings.
  • Austria/Turkey: Schoenherr advises Ganahl group on its Turkey expansion

    Schoenherr advised Austrian packaging group Ganahl AG on the acquisition of MKB Oluklu Mukavva Kutu ve Ambalaj San. Tic. A.S. ("MKB"). MKB is active in the corrugated packaging industry in Turkey, a sector which is currently attracting a lot of foreign investors. The transaction has been completed in February this year. The parties agreed to keep the purchase price confidential.
  • AT: Schoenherr publishes second edition of English-language basic primer on Austrian employment

    The need for English-language specialist literature on legal issues in Austria has risen with the increasing internationalisation of firms active in the country. Now available in a revised second edition, "Employment Law: A Basic Primer" provides interested practitioners with an overview of the most important provisions of Austrian employment law.
  • AT/CEE: Schoenherr advises bauMax creditors on financial restructuring package

    Schoenherr, a leading full-service corporate law firm in Central Europe, advised a group of some 40 Austrian and international creditors (lenders, bondholders and hedge counterparties) on the negotiation and execution of a comprehensive financial restructuring package for bauMax group, a leading DIY retailer in Austria and the CEE region.
  • AT: Schoenherr advises Austrian pharmaceutical wholesaler Jacoby...

    on its merger with gm pharmaSc
  • AT/Central Europe: Schoenherr maintains its top position in the Austrian M&A market in 2012

    Schoenherr, a leading full-service corporate law firm in Central Europe, maintained its top position in the Austrian M&A market in 2012, according to the league tables for legal advisors * published by the Financial Times Group's business intelligence subsidiary mergermarket. According to mergermarket's deals database, Schoenherr's M&A practice ranked No 1 in terms of the number of qualifying Austrian M&A transactions it advised on in 2012. Having ranked first on this basis in mergermarket's 2011 league table for Austria, Schoenherr thus continued to lead its legal advisory peers, 48 of which managed to earn a ranking in the 2012 table.
  • AT: Schoenherr advises France Telecom in sale of Orange Austria to Hutchison

    Schoenherr, a leading full-service corporate law firm in Central Europe, advised France Telecom-Orange as overall transaction counsel in the telecom company’s recently completed sale of its shareholding in Orange Austria to a unit of Hutchison Whampoa.
  • Schoenherr advises Daimler on the reorganization of its joint-venture with Pappas

    The Central European law firm Schoenherr advised Daimler AG on the reorganization of its joint-venture with the Austrian Pappas family. Daimler will acquire Pappas' share in Mercedes-Benz Österreich Vertriebsgesellschaft mbH (the general importer of Mercedes-Benz, smart and Fuso cars) and Mercedes-Benz Financial Services Austria GmbH, the Aus-trian financial services provider. Further, Daimler and Pappas will restructure the Austrian spare parts wholesale business from 1 January 2014; Daimler will provide spare parts from its logistics center in Nuremberg, Germany. Completion of the transaction is subject to merger control clearances. The purchase price is confidential.