The Legal 500

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UNIVERSITÄTSRING 10, 1010 VIENNA, AUSTRIA
Tel:
Work +43 1 533 47 95
Email:
Web:
www.dorda.at

Austria

Administrative law and public sector
Administrative law and public sector - ranked: tier 3

Dorda

Bernhard Müller heads the team at Dorda, which advised Kwizda Agro on water contamination and permitting issues. Other areas of expertise include trade licensing, residency and employment permit matters. Clients include Brauküche 35 and bioMérieux Austria.

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Banking and finance
Banking and finance - ranked: tier 2

Dorda

Dorda frequently advises banks, funds, corporates and public entities on acquisition, project and asset finance alongside regulatory and bank contract law matters. Andreas Zahradnik, who co-heads the team with Tibor Varga, advised BNP Paribas on the acquisition of DAB Bank and its subsidiary, direktanlage.at, from UniCredit Bank Austria.

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Capital markets
Capital markets - ranked: tier 1

Dorda

Dorda’s ‘efficient and pragmatic’ team is headed by Andreas Mayr, who is ‘one of the Austrian capital markets’ heavyweights’. Areas of expertise include stock exchange listings and delistings, conventional and high-yield bonds and other capital increases via public offering and private placements. Clients include Immofinanz. Tibor Varga brings ‘a broad skillset to the table’.

Leading individuals

Andreas Mayr - Dorda

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 2

Dorda

As one of the best firms in the market’, Dorda advises international corporates, investment banks and private equity houses on cross-border transactions and restructurings. Andreas Mayr and the ‘commercially mindedMartin Brodey are co-heads of the ‘responsive and pragmatic’ practice, which acted as lead counsel for the DIY chain bauMax on its restructuring measures, which included several transactions.

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Construction
Construction - ranked: tier 3

Dorda

Dorda frequently handles project development issues, where clients include Real IS and Swietelsky Baugesellschaft, and the ‘excellentChristoph Stippl is regularly involved in construction arbitrations. ‘Solution-oriented’ practice head Stefan Artner ‘always acts in the clients best interest’.

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EU and competition
EU and competition - ranked: tier 3

Dorda

Dorda has a strong focus on merger control matters, where recent work includes assisting Kapsch TrafficCom and the Austrian Red Cross. The ‘very good’ Heinrich Kühnert heads the practice, in which Axel Anderl is the key contact for unfair competition issues.

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Employment
Employment - ranked: tier 3

Dorda

Dorda covers a wide spectrum of employment law, including terminations and mass lay-offs. Thomas Angermair heads the practice, which often acts for cultural institutions.

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Insolvency and corporate recovery
Insolvency and corporate recovery - ranked: tier 2

Dorda

Dorda advises lenders and distressed borrowers on pre-insolvency matters such as reorganisation and refinancing, and represents creditors in litigation. Felix Hörlsberger assisted CNBM International with its outstanding claims as a consequence of SLAV Handel’s bankruptcy, wherein the client was the largest creditor. Andreas Zahradnik and Tibor Varga are recommended.

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Intellectual property
Intellectual property - ranked: tier 2

Dorda

Dorda’s ‘very good’ practice is particularly experienced in IT-related IP work. Practice head and ‘go-to lawyer’ Axel Anderl recently advised Styria Media on unfair competition, data protection and media law issues. Martina Grama joined Baker McKenzie • Diwok Hermann Petsche Rechtsanwälte LLP & Co KG.

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Private client
Private client - ranked: tier 3

Dorda

Dorda has a strong practice assisting high-net-worth individuals and private investors with the acquisition of investment properties. The team also covers succession, asset structuring and trust advisory work. Paul Doralt and Elmar Drabek are the practice co-heads.

Next generation lawyers

Elmar Drabek - Dorda

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Projects and energy
Projects and energy - ranked: tier 3

Dorda

Dorda’s team has notable experience in the electricity and gas sectors, particularly in terms of transactions and regulatory work. Gas Natural and AES Corporation are clients. The practice co-heads are Bernhard Müller and recent arrival Heinrich Kühnert, who joined from bpv Hügel Rechtsanwälte GmbH, after Stephan Polster moved to Becker Günther Polster Regner Rechtsanwälte GmbH.

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Public procurement
Public procurement - ranked: tier 3

Dorda

Dorda, which acts for bidders and public authorities, recently assisted the Climate and Energy Fund with the structuring of a PPP with various Austrian communities to implement state aid schemes to support development of smart cities. Bernhard Müller heads the team.

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Real estate
Real estate - ranked: tier 2

Dorda

Dorda is ‘very good’ at advising on property transactions and leasing matters. The ‘very well connected’ Stefan Artner heads the team, which advises key names such as BIG, ARE Austrian Real Estate and Obenauf.

Leading individuals

Stefan Artner - Dorda

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TMT
TMT - ranked: tier 1

Dorda

Dorda has ‘good industry knowledge’ and covers the full spectrum of technology, media and telecoms, with a focus on IT and data protection. Felix Hörlsberger and ‘strong negotiator and strategic thinker’ Axel Anderl advised Styria Media on digital media and data protection issues, while Heinrich Kühnert represented Kapsch CarrierCom in licensing proceedings before the Austrian Regulatory Authority for Broadcasting and Telecommunications (RTR). Telecoms partner Stephan Polster joined Becker Günther Polster Regner Rechtsanwälte GmbH.

Leading individuals

Axel Anderl - Dorda

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Tax
Tax - ranked: tier 3

Dorda

With a focus on cross-border tax work, Dorda frequently advises multinational energy sector players and private clients with tax-optimised business or holding structures. Paul Doralt heads the team, whose clients include Seadrill and SapuraKencana Petroleum.

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Austria: Dispute resolution

Arbitration and mediation
Dispute resolution: arbitration and mediation - ranked: tier 1

Dorda

Florian Kremslehner’s ‘top-notch’ team at Dorda has ‘robust international arbitration experience’ and is well known for handling corporate and transactional disputes. The ‘excellentChristoph Stippl is regularly involved in construction arbitrations.

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Commercial litigation
Dispute resolution: commercial litigation - ranked: tier 1

Dorda

Dorda has substantial expertise in defending investors and insurance companies. Recently, Felix Hörlsberger defended AIG American International in a coverage dispute under a D&O policy. Florian Kremslehner heads the team, which also acts for clients such as BAWAG and Immofinanz.

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White-collar crime (including fraud)
Dispute resolution: white-collar crime (including fraud) - ranked: tier 2

Dorda

Dorda’s ‘very good’ team provides ‘clear and quick advice’ on cases including international asset forfeiture, tax evasion, bribery, fraud, embezzlement and money laundering. ‘Reliable and fast’ practice head Florian Kremslehner represented Immofinanz in a criminal investigation. Felix Hörlsberger is ‘outstanding’. Former practice co-head Julia Mair left the firm.

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Legal Developments by:
Dorda

Legal Developments in Austria

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Austria: Draft Data Protection Amendment Act 2018 in Appraisal

    National Room for Manoeuvre Despite the GDPR
  • ECB Publishes Practical Fit and Proper Assessments Guide for Board Members of Credit Institutions

    On 15 May 2017, the European Central Bank (" ECB ") published a guide on fit and proper assessments (the " Fit and Proper Guide "), which reflects the result of a public consolidation launched by the ECB on 16 November 2016.
  • First Draft for the New Austrian Data Protection Act Published

    The long-awaited first draft for the new Austrian Data Protection Act, implementing and supplementing the EU General Data Protection Regulation, was finally published on 12 May 2017. 
    - Dorda
  • European Commission Proposes EMIR Reform that will Minimise the Clearing Obligation for NFC and Cert

    On 4 May 2017, the European Commission published its proposal for an amendment of the European Market Infrastructure Regulation (EMIR). The Commission calls the proposed amendment a good example of "better regulation in practice" which is "essential to the creation of the Capital Markets Union (CMU)".
  • Premium Payment Clauses – Surcharges need to be transparent

    The implementation of clauses on short-term premium instalments
    - Dorda
  • Hungary: New Arbitration Legislation?

    The Ministry of Justice has circulated its initiative for improving the legal environment with the aim of increasing Hungary's competitiveness by amending certain regulations and institutions. Among other things, the initiative concerns cross-border mergers and operation of trustees, and generally aims to lighten administrative burdens. Most notably, if adopted in its current form, it will reform the Hungarian arbitration regulation. read more...
  • Significant amendments to Austrian Competition Law – Part I (Overview)

    On 6 April 2017, the Austrian Parliament adopted significant amendments to Austrian competition law, as set forth in the Austrian Cartel Act ("KartG") and the Act on the Austrian Federal Competition Authority ("WettbG"). The amendments concern three main areas: (i) implementation of the EU Damages Directive; (ii) introduction of an additional transaction value test in merger control; and (iii) certain adjustments to strengthen public enforcement of antitrust infringements. read more...
  • ECJ Allows Prohibition of Headscarves at Workplace

    Employers may prohibit their employees from wearing Islamic headscarves and other religious or political symbols, subject to certain conditions. On 14 March 2017, the European Court of Justice (the "ECJ") adopted a corresponding ruling in Luxembourg and decided on two cases in this respect, one dealing with a receptionist from Belgium and the other with a software designer from France. read more...
  • Slovenia Adopts New State Aid Legislation

    Slovenia adopted a new law regulating rescue and restructuring state aid, which entered into force in mid-February. When notified to the European Commission as a state aid scheme, it will allow the Republic of Slovenia to support companies and cooperatives in difficulty without having to notify support mechanisms in accordance with the provisions of the law as an individual aid measure to the European Commission. read more...
  • Individual Tax Rulings Now Possible in Moldova – And They're Binding!

    What previously was impossible and not foreseen by local legislation is now possible. Starting 1 January 2017, the Tax Code of Moldova (the " Tax Code ") was amended by Law 281/2016 to include a separate norm (Art. 136¹) on individual tax rulings (" ITR ") for the benefit of entrepreneurs. Within the limits of its scope and in respect of a concrete beneficiary, an issued ITR is binding on the State Tax Service (the " STS "). The Government and the Ministry of Finance are expected to approve the secondary legislation to regulate the details of the procedure. read more...