Banking and finance in Liechtenstein

BATLINER WANGER BATLINER Rechtsanwälte AG

BATLINER WANGER BATLINER Rechtsanwälte AG acts for large international insurers and banks as well as domestic financial institutions and intermediaries. Headed by co-founder of the firm Martin Batliner, the team is active for borrowers as well as lenders in international lending transactions, structured financing and security matters. It also advises clients with regard to relevant regulations, including EEA and EU law, in  scenarios from the formation of banks and other financial intermediaries to restructurings and refinancings. The firm’s expertise equally encompasses fintech matters, especially initial coin offerings, digital payment systems and distributed ledger technologies including blockchain.

Practice head(s):

Martin Batliner

Key clients

Gable Insurance

Work highlights

  • Acting as the Trustee In Bankruptcy of Gable Insurance AG, Vaduz: a non-life insurance company which operated in 11 countries. This is one of the largest run-offs ever conducted in Europe.
  • Advising in relation to numerous Initial Coin Offering projects and blockchain projects, including advising on the possibility of tokens being listed on Crypto Exchanges.

Gasser Partner Attorneys at Law

Gasser Partner Attorneys at LawComparative Guides promotional icon continues to provide the full spectrum of financial services related advice. Banks, insurers, asset managers, investment firms, fund managers as well as payment service providers from both a domestic and international background are, among others, advised on investment funds and depositary regulation, derivatives trading and sustainable finance and complex transactions. The team, headed by Hannes Arnold and Thomas Nigg, has in-depth experience of the emerging fintech market, regularly being involved in security token or initial coin offerings as well as matters pertaining to crypto funds, exchanges and mining pools.

Practice head(s):

Hannes Arnold; Thomas Nigg

Testimonials

‘The whole team works quickly and client-focussed. Always acted according to our wishes and offered the best solutions.’

‘Dr. Arnold: always available, flexible, client- and results-focussed.’

Schurti Partners Attorneys at Law Ltd

Schurti Partners Attorneys at Law Ltd is ‘one of the main pillars of excellent legal services in Liechtenstein‘ and advises clients on all regulatory aspects of the Liechtenstein financial market as well as on all aspects of capital development, which includes acting for banks and other financial institutions on licensing matters and restructuring proceedings. Heads of the team Alexander Appel and Moritz Blasy have particular experience with re-financing transactions and liquidations of banks, and Nicolai Binkert is noted for his advice on finance transactions. Founder of the firm Andreas Schurti is considered an ‘icon‘ of the Liechtenstein legal market.

Practice head(s):

Alexander Appel; Moritz Blasy

Testimonials

‘The Firm is one of the main pillars of excellent legal services in Liechtenstein since decades and is constantly growing with additional young and dynamic Attorneys.’

‘Moritz Blasy is increasingly taking over a leading managing partner position in the firm. As one of the only firms they constantly represent different Banks and other financial institutions in licensings, legal disputes as well as recovery and restructuring proceedings. Also they are on the way of preparing one of the only IPOs ahead of a Liechtenstein company of the last decades. In the current team setup they are able to provide unparalleled services in this sector.’

‘Moritz Blasy in the last years has become a leading individual in the firm as managing partner who guides the team with foresight and overview. Andreas Schurti is to be considered as one of the icons and smartest minds in the legal market. Nicolai Binkert is extremely knowledgable in the corporate and finance matters.’

‘I have had frequent opportunity to rely on the expertise of Schurti Partners, and particularly Alexander Appel, in connection with my representation of large U.S. financial institutions in need of Liechtenstein advice. I have found Schurti Partners to be swift, precise, and cordial in all matters.’

‘Alexander Appel has been a steady and reliable counterpart at Schurti Partners. He is my go-to lawyer in Liechtenstein for any matter.’

‘The team has experience in international banking & finance matters, which is rare in Liechtenstein.’

‘Alexander Appel is an experienced professional, very responsive and a pleasure to work with.’

Work highlights

  • Acted as local counsel to the agent to a group of lenders in relation to the restructuring of an existing New York law governed credit facility agreement concluded with a large US group in the context of Chapter 11 proceedings. The advice in particular related to the adjustment of existing Liechtenstein law governed security arrangements to the new circumstances.
  • Advised a Liechtenstein bank and its foreign shareholder on the liquidation of the banking business in Liechtenstein.
  • Advised a large Swiss bank acting as lender in a re-financing transaction which targeted a Liechtenstein private bank.

advocatio Rechtsanwälte Grabher Dür

The dispute resolution focused boutique advocatio Rechtsanwälte Grabher Dür acts in national and international litigation for banks and other financial intermediaries as well as in malpractice suits and legal actions for damages against board members, trustees and directors of Liechtenstein trusts and foundations, a focus area of ‘precise and efficient‘ team lead Johannes Grabher. Non-contentious matters relate to the drafting of banking contracts, legal opinions in regulatory and compliance matters as well as legal advice to fintech start-ups concerning cryptocurrencies and blockchain technologies.

Practice head(s):

Johannes Grabher

Testimonials

‘Highly skilled and independent practitioners. Focus on traditional attorney-business.’

‘Johannes Dür is a very professional, precise and efficient lawyer who never gives up and always finds a solution. Moreover, the communication is always very clear – deadlines are always met.’

Work highlights

  • Provided a legal opinion on AML-duties regarding a specific financing transaction to an international management company.

Niedermüller | Attorneys at Law

Niedermüller | Attorneys at Law assists clients with setting up and licensing regulated business entities and representing them before the Liechtenstein regulatory authorities. An area of particular expertise of the firm is advising new businesses in the field of digital assets in regard to financial market licensing. Matthias Niedermüller is considered to be ‘one of the leading lawyers in Liechtenstein specialising in the fintech and cryptocurrency field‘ and is further experienced in asset tracing and recovery as well as white-collar crime matters.

Practice head(s):

Matthias Niedermüller

Testimonials

‘Besides the dispute resolution practice the Firm is also well regarded in the sector of banking and finance. It not only was able to obtain the first MTF license for an investment firm in Liechtenstein but also regularly advises several national and international Banks, Investment Firms, Investment Funds, Asset Managers and other financial institution in banking and finance matters, in particular in cases of licensing questions and other regulatory matters. Meanwhile the firm has a strong position in this sector in particular due to long term excellent services.’

‘Matthias Niedermüller is the leading individual in the firm and is guiding the constantly growing team. Further notable are Giuseppina Epicoco who has vast legal knowledge in this sector as well.’

‘It is a small excellent firm lead by its extremely dynamic name partner Matthias Niedermüller. Matthias is inter alia a leading expert in the booming fintech sector.’

‘Matthias Niedermüller is extremely responsive and always available for his clients. He knows the Liechtenstein financial market and its players inside out.’

‘Niedermüller Attorney at Law is a boutique law firm led by its founder Matthias Niedermüller. Besides the “regular” banking & finance business, the firm is one of the leading firms in Liechtenstein specializing in the FinTech/Cryptocurrency field.’

‘Matthias Niedermüller is very smart, creative and highly dedicated. He is one of the leading lawyers in Liechtenstein specializing in the FinTech/Cryptocurrency field. Lawyers Nina Tihanyi-Meittinger and Giuseppina Epicoco are very talented and a pleasure to work with.’

Key clients

Skale Network

Nomisma Holdings Pte Ltd, Singpore

Elrond Network

Holoride AG

Curio AG

Müller & Partner Rechtsanwälte

Müller & Partner Rechtsanwälte advise on insurance law, trust law and bank law, where the firm assists international clients, such as investors, holding companies and insurances in matters such as the purchase and sale of banks and other financial intermediaries. In contentious matters the team, jointly headed by Wolfgang Müller, Roland Müller, Robert Neudorfer, Egon Hug and Martin Zech, represents clients in proceedings such as cases for restitution of assets, asset recovery and compensation law suits.

NÄGELE Attorneys at Law LLC

The team at NÄGELE Attorneys at Law LLCComparative Guides promotional icon around Thomas Nägele, Thomas Feldkircher and Johannes Virleitner regularly represents clients in banking and finance related proceedings, such as white-collar crime matters, including money laundering and VAT carousel fraud, or the enforcement of foreign arbitral rewards. In particular partner Nägele has profound expertise in the fintech and blockchain related industries where he advises in relation to security token offerings with the involvement of the Liechtenstein Financial Market Authority.

Practice head(s):

Thomas Nägele; Thomas Feldkircher; Johannes Virleitner

Testimonials

‘The team has particularly noteworthy expertise in the area of the “new economy” (e.g. DLT technologies) and understands how to combine this knowledge with traditional capital markets and banking law.’

‘Very technology oriented, real understanding and deep-going understanding of the business models, very far reaching expertise from all levels.’

‘Top crypto law firm in Liechtenstein- Thomas personally drafted the Blockchain Act.’

‘Thomas Feldkircher is a one of a kind attorney showing exceptional understanding of banking laws and regulation. Bringing this skills together with his analytic skills in the area of civil law, Thomas Feldkircher is a driving factor in the field of Fintech advisory and legal developments in Liechtenstein.’

Christian Inman helped us dive deep into the specifics and functions of different types of legal entities, board of directors and various stakeholders. He was very in-depth as the landscape was unfamiliar to us and he walked us through the entire process, offering some great learning along the way.’

‘Many Lawyers from various jurisdictions, who work very well together is definitely one of Nägele’s unique practice. Each individual has some specific key capabilities such as an extensive know-how regarding IT and IT-law, vast experience and practical knowledge in banking and finance, as well as banking and finance law. Additionally NÄGELE attorneys at law has a brilliant department for litigation.’

Ms. Seppi qualifies as a brilliant litigation lawyer whose performance is constantly on top and has on various occasions dealt with my cases to my fullest satisfaction.’

‘Thomas Nägele is an outstanding lawyer, with an unique technical and entrepreneurial understanding of all kinds of fintech applications. Excellent knowledge of Fintech- and blockchain-regulation.’

‘Thomas Feldkircher (Partner): is a star in Fintech regulation sector. Knows the industry and its regulation very well. Thomas is very client oriented and he ensures that the top quality advice is provided to clients.

Monika Hammermuller (Associate): Monika is a top-quality legal professional in the Fintech sector regulation with an excellent knowledge of the industry and perfect skills in advising clients on this and related issues.’

Key clients

Euro Treuhand AG

actus ag

Getzner, Mutter & Cie. Gesellschaft m.b.H. & Co. KG

Graf & Partner AG

BFG Blockchain Founders Group AG

CLL Compliance Labs AG

Bank Frick & Co. AG

CUT Carbon Distributed Technologies AG

Fountain GmbH