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Baker & McKenzie Diwok Hermann Petsche Rechtsanwälte GmbH

SCHOTTENRING 25, 1010 VIENNA, AUSTRIA
Tel:
Work +43 1 24 250
Fax:
Fax +43 1 24 250 600
Web:
www.bakermckenzie.com
Email:
Zurich, Washington DC, Warsaw, Vienna, Valencia, Toronto , and 69 more

What we say about the firm's legal practice in Austria

Banking and finance

Within Banking and finance, tier 4

Baker & McKenzie Diwok Hermann Petsche Rechtsanwälte GmbH is praised for its ‘excellent performance with regard to competence, response times and value for money’. Georg Diwok heads the practice, which advised a German manufacturer Huyck.Wangner on a €30m debt refinancing. Dieter Buchberger is ‘highly committed and professional’ and ‘pragmatic when possible and stringent when required’.

Capital markets

Within Capital markets, Baker & McKenzie is a third tier firm,

Baker & McKenzie Diwok Hermann Petsche Rechtsanwälte GmbH leverages off its strong international network and has been particularly successful advising international clients on equity issues. Highlights of 2010 included acting as underwriters’ counsel on the €29m capital increase of a listed Austrian real estate company. Eva-Maria Ségur-Cabanac leads the team alongside Philipp Spatz.

Central and Eastern Europe

Within Central and Eastern Europe, Baker & McKenzie is a third tier firm,

Baker & McKenzie Diwok Hermann Petsche Rechtsanwälte GmbH has an extensive network of offices across Europe and receives a large number of referrals from the other parts of the firm. Gerhard Hermann is the name to note.

Corporate and M&A

Within Corporate and M&A, Baker & McKenzie is a third tier firm,

Baker & McKenzie Diwok Hermann Petsche Rechtsanwälte GmbH advised Spain’s FCC Construcción in the acquisition of a minority stake in Austrian construction company Alpine. Gerhard Hermann heads the practice, and is ‘diligent’. 2010 saw the arrival of Mario Gall, who has strong competition law experience having previously headed the Office of the Austrian Takeover Commission.

Dispute resolution

Within Dispute resolution, Baker & McKenzie is a second tier firm,

Baker & McKenzie Diwok Hermann Petsche Rechtsanwälte GmbH is gaining increasing market credibility for its arbitration and litigation work. In 2010 the team advised Schindler Elevator and Escalator in several cartel cases. Alexander Petsche heads up the practice, and is highly regarded for his arbitration expertise. Stefan Riegler is ‘an excellent litigator’, and Andreas Traugott is ‘very responsive, with a strong business sense’.

EU and competition

Within EU and competition , Baker & McKenzie is a second tier firm,

Baker & McKenzie Diwok Hermann Petsche Rechtsanwälte GmbH ‘is highly reliable; you don’t need to push them to get results’. The team advised on three of the largest competition matters in Austria in 2010, including the freight forwarding and elevator cartels and the Cemex/Strabag merger. Andreas Traugott is a favourite with clients: ‘He is an outstanding antitrust expert with excellent business know-how, a hands-on and pragmatic approach and a very good strategic view on long-term matters’. Stefan Riegler is also recommended, for his litigation experience.

Employment

Within Employment , Baker & McKenzie is a third tier firm,

Baker & McKenzie Diwok Hermann Petsche Rechtsanwälte GmbH delivers ‘impressive’ response times and advice that is ‘very responsive and clear’. Simone Liebmann-Slatin leads the team, which picks up a good deal of work from the firm’s global network. Highlight mandates for 2010 included advising a US clothing chain on establishing a new company in Vienna, including all immigration and employment law issues. Associate Philipp Maier is also recommended.

Intellectual property and media

Within Intellectual property and media Other recommended firms

Legal market overview

Within Legal market overview,

The Austrian legal market is small and flexible and there are few major global players operating out of Vienna, with the exception of Freshfields Bruckhaus Deringer, DLA Piper Weiss-Tessbach, CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH and Baker & McKenzie Diwok Hermann Petsche Rechtsanwälte GmbH.

Tax

Within Tax, Baker & McKenzie is a second tier firm,

Standout mandates for Baker & McKenzie Diwok Hermann Petsche Rechtsanwälte GmbH included advising Danaher Corporation on tax planning across 40 jurisdictions. Imke Gerdes is singled out by clients for her knowledge of VAT issues and ability to coordinate complex projects. ‘Service is quite expensive but they really are worth the money,’ according to one client.

What we say worldwide

Please choose another Baker & McKenzie office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

United Arab Emirates

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Australia

Offices in Sydney and Melbourne

Austria

Offices in Vienna

Azerbaijan

Offices in Baku

Belgium

Offices in Brussels, Antwerp, and Brussels

Bahrain

Offices in Manama

China

Offices in Beijing and Shanghai

Czech Republic

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Germany

Offices in Berlin, Frankfurt, Dusseldorf, and Munich

Egypt

Offices in Cairo

Spain

Offices in Madrid and Barcelona

France

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Hong Kong

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Hungary

Offices in Budapest

Indonesia

Offices in Jakarta

India

Italy

Offices in Rome, Milan, and Bologna

Japan

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Kuwait

Kazakhstan

Offices in Almaty

London

Offices in London EC4V and London EC4V

Luxembourg

Offices in Luxembourg

Libya

Malaysia

Offices in Kuala Lumpur

Netherlands

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Philippines

Offices in Makati

Poland

Offices in Warsaw

Qatar

Russia

Offices in Moscow and St Petersburg

Sweden

Offices in Stockholm

Singapore

Offices in Singapore

South Korea

Saudi Arabia

Offices in Riyadh

Switzerland

Offices in Zurich and Geneva

Taiwan

Offices in Taipei

Thailand

Offices in Bangkok

Ukraine

Offices in Kiev

United States

Offices in Washington DC, Palo Alto, New York, Miami, Dallas, Chicago, San Diego, San Francisco, and Houston

Vietnam

Offices in Hanoi and Ho Chi Minh City

Search News and Articles

Legal Developments by:
Baker & McKenzie

  • New rules due on assessment of workplace working conditions

    Continuing our practice of regularly updating our clients on changes in the Russian legislation, in this legal alert we would like to inform you that as of September 1, 2011, the Ministry of Health and Social Development of the Russian Federation will introduce a new procedure for assessing working conditions in workplaces. 1 [1] Results of workplace assessments with respect to the working conditions conducted before September 1, 2011 (in accordance with the procedure currently in effect 2 [2]) will remain valid up until the next regular assessment.
    - Baker & McKenzie

Legal Developments in Austria

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

  • Austria: Advantages of Establishing a Company's Headquarters in Austria: Part 1

    Choosing or changing a multinational company's headquarters involves considerations of quality of living and political stability in addition to economic and legal issues. This arti-cle, in two parts, outlines some of the advantages of and basic information about choos-ing Austria for a company’s headquarters. Part 1 is an overview of Austria's social and political background and of some legal forms to consider for a holding company. Part 2 will introduce Austrian tax law and provide additional legal information.
    - Schönherr

  • Hungary: Why is equity protection ineffective in Hungary?

    The Hungarian Companies Act ("CA") and others have long contained provisions to protect creditors. One provision prohibits a limited liability company from paying dividends to its shareholders if it does not have sufficient funds.
    - Schönherr

  • Austria: Termination of contracts after initiation of insolvency proceedings

    One of the primary objectives of the reformed Austrian Insolvency Act ("IO"), which entered into force on 1 July 2010, has been to increase the number of successful corporate reorganisations and to facilitate the continuation of business operations during financial crises. After the initiation of insolvency proceedings, the creditors of an insolvent debtor shall not be entitled to revoke or terminate contracts that are essential for continuing the debtor’s business operations.
    - Schönherr

  • Environment Romania

    Romania
    - Schönherr

  • Environment Bulgaria

    Bulgaria
    - Schönherr

  • Environment Austria

    Austria Christian Schmelz and Bernd Rajal - Schönherr Rechtsanwälte GmbH
    - Schönherr

  • Austria: Mandatory declaration of minimum remuneration in job postings

    The latest amendment of the Austrian Act on Equal Treatment (Gleichbehandlungsgesetz – GlBG; in force since 1 March 2011) sets into force a provision requiring the declaration of minimum remuneration in job postings. As of 1 January 2012, any infringement of this provision may lead to sanctions.
    - Schönherr

  • The Handbook of Competition Enforcement Agencies 2011

    Neli Nedkova and Dessislava Iordanova - Wolf Theiss In 2010 the activity of the Bulgarian Commission for Protection of Competition (the Commission) showed a trend of increasing focus on compliance shifting slightly from the antitrust area. Proceedings that have started and the most recent decisions show that this trend is likely to continue in 2011.
    - Wolf Theiss

  • Bulgaria: VAT re gulations on construction right transfers amended

    From 1 January 2012, the transfer of a construction right will be VAT exempt only until the construction permit is issued. The previous regime had allowed the exemption until the completion of the rough construction.
    - Schönherr

  • Foreign investors face new barrier when acquiring Austrian companies

    On December 8, 2011 an amendment of the Foreign Trade Act 2011 (Außenwirtschaftsgesetz 2011, until then Außenhandelsgesetz 2011, “FTA 2011”) entered into force imposing a substantial new barrier on foreign investors when acquiring shares in Austrian companies that operate in areas of public security and order. This amendment came as a surprise as part of the Budget Consolidation Act 2012 (Budgetbegleitgesetz 2012), governing different topics. The key points of the new barrier for foreign investors are the following:
    - Binder Grösswang Attorneys-at-Law
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