The Legal 500 > Europe, Middle East & Africa > Austria > Insolvency and corporate recovery

‘We always receive positive feedback when recommending them to clients. Working with them is very seamless. They are knowledgeable, pragmatic and responsive.‘

‘Gottfried Gassner: high quality, very thought-through advice, very reliable. Johannes Barbist: real regulatory expert and really pleasant to work with.‘

‘Highly experienced, high-quality expertise, very client-focused, hard-working, solution-oriented.‘

‘Markus Fellner and Florian Kranebitter: great knowledge of the market, provide high-quality service, very experienced , problem-solving skills, detail-oriented in their approach to legal advice, deliver great service in a timely fashion, able to work under stressful time circumstances, almost always available.‘

‘Long lasting experience, sufficient resources even for large scale transactions, high quality standards, innovative approach.‘

‘Excellent know-how and network, comprehensive advice and service in restructuring and workout cases, availability in urgent matters.‘

‘We have recently worked together with Markus Fellner and Florian Kranebitter. Their exceptional and comprehensive know-how in all legal matters for restructuring and workout as well as their extraordinary negotiation skills provide a valuable benefit for their clients.‘

‘FWP is one of the big corporate law firms in Austria known for its outstanding (international) corporate expertise.‘

‘We are currently working on several different cases with Dr. Fellner himself and we’ve known him for a long time. He is known as one of the best corporate lawyers in Austria (even his competitors say that) dominating each and every negotiation. His expertise and psychological strengths are just outstanding (as a client – you feel “safe”). I’ve recommended Dr. Fellner in the past and continue to do so!‘

‘Great experience in restructuring – combination of legal framework and economic background allows them to provide solutions.‘

‘Strong negotiation power, robust network in the industry and development of strategic initiatives.‘

‘The two main partners, Miriam Simsa and Wolfgang Höller, were competent and available to align to our needs as a client. Also the rest of the team was high quality.‘

‘WT were always extremely responsive to requests on what was a very complex and challenging transaction. They were able to progress negotiations by discussions directly with their counterparts in Austria, and sought commercial solutions.‘

‘Very good cross-border team approach for Austrian/Southeast-European insolvency matters. Single point of entry for various jurisdictions with one responsible lead partner.‘

‘Eva Spiegel is an excellent team leader and provides good value for money.‘

‘They are the most skilled firm in this domain in Austria, and have a team with an excellent international practice which is very helpful in cross-border insolvencies.‘

‘In my view what makes them different is their proactivity and strategic approach.‘

‘Practice known for creditor work and distressed M&A.‘

‘We usually interact with Christoph Reiter and Thomas Trettnak: they always have a close attention to the business environment and are very careful to adapt their advice to the specific situation described. They always breakdown the pros and cons of a decision so I always feel as though I am in a trusting relationship with both Christoph and Thomas, as they are trying to understand the holistic situation.‘

‘Thorough knowledge of (local) appropriate insolvency law, pro-active and hands on, language capabilities.‘

‘Christian Ritschka and Felix Hörlsberger, together with Tibor Varga, are very smart and efficient, they work very well together. They focus on finding solutions and getting the deal done.‘

‘Christian Ritschka is a hard worker and always goes the extra mile without being asked. He is always available and a stronghold in negotiations. I particularly like his strategic and pragmatic approach. For Felix Hörlsberger again I need to highlight his ability to detect even the most difficult problems and find a solution before anyone else. I worked with Tibor Varga for the first time this year and value his input a lot. He is extremely good in structuring and making sure that no important issue is left out.‘

‘Very dedicated and hardworking team, highly experienced, high-quality expertise. Very client-focused, high commitment to client service. Practical, solution-oriented lawyers.‘

‘Marcus Benes and Laurenz Liedermann: great knowledge of the market, provide exceptional service, good grasp of where the market is, very experienced, problem-solving skills, detail-oriented in their approach to legal advice, deliver great service in a timely fashion, able to work under stressful time circumstances.‘

‘Vavrovsky Heine Marth shows a remarkably high level of service and is leading in expertise orientation. They work extremely diligently and provide thorough and reliable advice. The team is talented, driven and proactive, their business acumen is remarkable.‘

‘I highly value Karl Ludwig Vavrovsky who is an authority in insolvency and restructuring in Austria. He is a very experienced, thoughtful and good-quality adviser. He works analytically and systematically and his advice is highly detail-oriented. I am always appreciative of his foresight, and his negotiation and communication skills. Karl Ludwig Vavrovsky always keeps his calm even in heated situations. He listens to his clients and is highly committed to their needs and goals.‘

‘In insolvency and restructuring matters, Vavrovsky Heine Marth has proven to be a reliable counsel in various matters. Among their strengths are their high level of legal competence and professionalism, their clear commitment to their client, and their unwavering focus. They possess pronounced entrepreneurial thinking.‘

‘Nikolaus Vavrovsky has the talent to solve complex issues with absolute calm and professionalism. He approaches matters with the utmost efficiency and is solution-oriented, has impeccable legal know-how and great communication skills. Dieter Heine is a gifted strategic thinker, assertive and convincing in and out of court with long-standing experience. What I value most is that he keeps his eyes on his client’s goals and finds ways to protect their interests in any given setting. Both are absolutely dedicated to their clients.‘

‘Vavrovsky Heine Marth is simply the best choice in dispute resolution, brilliant in preventing and managing high-value, complex disputes. Dieter Heine leads a team of sharp-minded experts who think commercially and approach matters unconventionally with utmost finesse and detail orientation. They are very resourceful and thorough as well as extremely service-oriented. Their clients come first and the team gives everything for them. I especially value the personal partner attention. Also, Vavrovsky Heine Marth is one of the only firms that has implemented the change in market demand and, thus, follows a multi-dimensional approach in dispute resolution, connecting all available processes and methods. They understand that clients need individual solutions instead of off-the-shelf services. Strong emphasis lies on dispute prevention and consensual dispute resolution, where Vavrovsky Heine Marth has been an invaluable advisor and counsel to us.‘

‘Dieter Heine is an astute, commercial and clever professional, mastering the trickiest issues. He has impressive legal knowledge and keeps his eye on his client’s goals, working meticulously to achieve the best results. Dieter is also a tremendously fast thinker, able to adapt to new situations and challenges. He holds the reins firmly at all times and has extraordinary strategic capabilities. He is a determined counsel, proactive advisor and completely devoted to his clients.‘

‘The team is highly influenced by its leaders’ remarkably hands-on approach.‘

‘Dr. Susanne Fruhstorfer is a very experienced insolvency expert. Her work is solution-orientated and focused. She is straightforward and easy to communicate with. Her flexibility is of great help in difficult multi-party cases.‘

‘Well-connected within the industry. Entrepreneurially driven. Client-centric.‘

‘It is a traditional, well-established and recognised law firm with an excellent network of relationships. You can expect the highest integrity and quality of work. Their practice is especially well known in the areas of bankruptcy law, corporate financial restructuring, corporate insolvency, international restructuring and corporate M&A.‘

‘I am especially delighted to work together with Susanne Fruhstorfer (Partner) and Andreas Howadt (associate). I appreciate their absolute high professional competence in their legal fields (bankruptcy law, corporate financial restructuring, corporate insolvency, insolvency litigation, international restructuring and corporate M&A). Further, both work with highest integrity and reliability. Susanne Fruhstorfer’s professional publications in the area of corporate insolvency are outstanding, showing her extraordinary competence and long-term experience.‘