Firm Profile > Binder Grösswang > Vienna , Austria
Binder Grösswang Offices
Binder Grösswang > The Legal 500 Rankings
Banking and finance Tier 1
Commended for its 'wide-ranging expertise' and its ability 'to handle even the most complex matters', Binder Grösswang routinely provides financial institutions and corporates with advice on acquisition, real estate and project finance alongside restructuring-related finance issues and regulatory matters. Together with its corporate practice, Stephan Heckenthaler assisted Emirates NBD Bank with the acquisition of 99.85% of the shares in the Turkish DenizBank and its Austrian subsidiary from Sberbank of Russia. In project finance, Stefan Tiefenthaler advised Landesbank Hessen-Thüringen Girozentrale (Helaba) and Hypo Vorarlberg Bank on financing the upgrade of the Althan Quartier in Vienna, while Emanuel Welten acted for UniCredit Bank Austria on the financing of the construction of The Student Hotel in Vienna. Other key individuals include Tibor Fabian and the 'very experienced' Michael Binder.
Capital markets Tier 1
Binder Grösswang is particularly active in advising financial institutions and companies on bond issuance programmes and capital increases while also representing them in approval procedures before the Austrian Financial Market Authority (FMA) and providing assistance with compliance issues. In a recent highlight, Florian Khol advised BKS Bank on a capital increase including a public offer in Austria, that included assisting with the prospectus preparation, approval procedures before the FMA and the registration with the Austrian Commercial Register. Together with Tibor Fabian, he also assists several housing banks with housing bonds issuance programmes. Michael Binder and Stephan Heckenthaler are other names to note.
Praised for its 'great handling of difficult situations', Binder Grösswang's sizeable, 'highly motivated, pragmatic and reliable' team has a fine reputation for representing financial institutions in proceedings against investors; it is defending Erste Bank Group against class actions and mass claims brought by investors pertaining to the insolvency of Alpine Group. Other key areas of expertise include commercial and IT-related disputes alongside private enforcement proceedings, while team head Christian Klausegger has been handling an increasing number of insurance coverage disputes for insured entities and insurers. Stefan Albiez stands out for his 'broad and in-depth knowledge' and 'fantastic problem-solving skills'.
The 'very responsive, highly professional and deal-driven' team at Binder Grösswang attracts praise for its strong M&A and corporate offering and is also well versed in handling restructurings and private client mandates. In the corporate sphere, Florian Khol and 'grand seigneur' Michael Kutschera acted as legal counsel for Lenzing on forming a joint venture with Duratex to build a dissolving wood pulp plant in Brazil and, in the transactional space, Thomas Schirmer advised Ardian on the sale of its shares in Esim Chemicals to Sun Capital Partners. The team, which includes Andreas Hable and Gottfried Gassner, also assisted the founding shareholders of the Greek company Argo SA with the sale of 100% of its shares to Alpla. Hermann Schneeweiss joined Eisenberger & Herzog in March 2018.
Employment Tier 2
Litigation and data protection advice are key aspects of Binder Grösswang's employment practice. Practice head Horst Lukanec and Angelika Pallwein-Prettner recently represented a payment services company before the Labour and Social Court in a case regarding a works council member's challenge to the transfer of his employment relationship in the course of a spin-off of part of the business; the pair also advised the client on the change of the applicable collective bargaining agreement following a merger. The team has also handled a number of termination of employment cases, including acting for Vapiano Restaurant Betriebs- und Beteiligungs in a challenge of termination by an employee. Xerox Global Services, Starbucks and Sirti are also key clients.
EU and competition Tier 2
Binder Grösswang is particularly strong in the pharmaceutical, transport (especially railways), food and beverages, industrial, energy, banking and finance, and gaming sectors. The team 'knows competition law inside out'; it acts for Coca-Cola HBC Austria, Lenzing and Novomatic, among others, and has recently won several significant new clients, including Samsung Austria, GlaxoSmithKline, Metro Cash & Carry and Magna International. Department head Raoul Hoffer ('a top competition lawyer') and the 'responsive' and 'committed' Christine Dietz represented German wagon-leasing company VTG in one of the few phase II merger control proceedings to take place in Austria last year. Assisted by counsel Isabelle Innerhofer (who is praised for her 'practical, problem-solving approach'), Hoffer also acted for the city of Vienna and the federal state of Upper Austria in follow-up damages proceedings relating to the elevator and escalator cartel. Other areas of expertise include state aid and abuse of dominance cases. Johannes Barbist is also noted.
With the support of the banking and finance, dispute resolution and corporate departments at its disposal, ‘very quick, well-structured and organised’ team at Binder Grösswang routinely acts for creditors and debtors in national and international corporate and financial restructurings and distressed M&A transactions, as well as in insolvency proceedings. The ‘open-minded’ and 'very reliable' Gottfried Gassner, who leads the team with Emanuel Welten, advised the international creditors’ co-ordinating committee on the restructuring of the prominent Steinhoff Group and acted for TUI Group on the pre-insolvency and insolvency proceedings of Air Berlin and Niki Luftfahrt.
Private client Tier 2
Binder Grösswang’s ‘exceptionally professional’, ‘determined’ and ‘very flexible and co-operative’ private client team provides ‘comprehensive expertise’ on matters relating to succession planning and foundations, including their establishment, structuring and dissolution, investments, real estate and change of residence. Recognised for ‘his exceptional skill’, the ‘very calm and collected’ Andreas Hable jointly heads the team with Bernd Schneiderbauer, who is ‘able to think beyond borders and to take a holistic view of the entire case.’ Hable and Schneiderbauer have recently been advising a well-known Polish entrepreneurial family on the establishment of an Austrian private foundation with respect to international succession and wealth planning.
Tax Tier 2
Binder Grösswang's corporate prominence translates into a steady flow of mandates at the intersection of tax and corporate law but the 'responsive' team also handles international tax including base erosion and profit shifting matters, tax litigation and private client issues. 'Commercially savvy' co-head Christian Wimpissinger advised Constantia Flexibles on tax law issues pertaining to the sale of its Labels division to Multi-Color, and co-head Andreas Hable acted for Heitkamp Construction in proceedings concerning the recovery of tax withheld by Alpine Bau, the Swiss subsidiary of Alpine Bau GmbH.
Binder Grösswang's team has strong arbitrator and arbitration counsel capabilities, acting in commercial and insurance coverage disputes with wide-ranging industry knowledge including energy, manufacturing, transport, banking and finance as well as construction and engineering. Practice head Michael Kutschera and 'exceptionally bright legal mind and tireless representative' Christian Klausegger are the main contacts; both also act as arbitrators.
Much of Binder Grösswang's workload pertains to banking, finance and capital markets-related issues alongside defending accusations of embezzlement, fraud and industrial espionage. The 'very efficient and thorough' team also assists financial institutions, corporates and private clients with internal investigations and compliance matters. Stefan Albiez and 'excellent strategic planner' Christian Klausegger are praised for their 'constructive and clear approach' alongside their 'skill in simplifying complex and extensive matters'.
Intellectual property Tier 3
A large part of Binder Grösswang’s IP practice revolves around non-contentious and contentious trade mark work, entailing the registration and management of worldwide trade mark portfolios, as well as related infringement proceedings for a diverse range of industry sectors, such as telecoms, luxury goods, food and entertainment. IP transfer and licensing work and IP due diligences are also key areas of activity, as is advice on unfair competition matters, including lawsuits. ‘Highly knowledgeable’ team head Ivo Rungg has ‘great expertise’ and successfully assisted Hypo Vorarlberg Bank on the registration of a sound trade mark. Hellmut Buchroithner is recommended for his ‘practical approach’. Philipp Spring joined the firm as a senior associate in the second half of 2017.
Projects and energy Tier 3
Taking a multi-disciplinary approach, Binder Grösswang regularly combines its corporate, finance, real estate, regulatory and contentious capabilities to advise clients on energy and infrastructure projects. In recent work, the team advised Erste Bank and the European Investment Bank on the financing, construction and operation of three Austrian wind farms. Johannes Barbist heads the team.
Real estate Tier 3
With a focus on transactional and project financing work, Binder Grösswang's 'highly professional' team advised Corestate Capital on the acquisition of the third Triiiple tower in Vienna. Alongside national and international real estate investment companies, the practice also advises financial institutions, corporates and private clients. Tibor Fabian jointly heads the team with the 'smart and very friendly' Markus Uitz.
Binder Grösswang is praised for its 'excellent lawyers and strong market reputation'; the team is known for its representation of clients from the energy, pharmaceutical and life sciences, banking and finance, and transport sectors (particularly aviation and railways). Johannes Barbist, noted for his 'great approach to dealing with problems' and 'industry knowledge', heads the practice, which advises on licensing, environmental, constitutional, state aid and regulatory law.
Public procurement Tier 4
Binder Grösswang's public procurement team is led by Johannes Barbist and is part of the firm's regulatory practice, which works in close co-operation with its corporate and M&A groups. It assists companies and service providers with general public procurement law matters, review proceedings, tender documentations and tender proceedings.
TMT Tier 4
Binder Grösswang's strength lies in dealing with IT contracts, outsourcings, e-commerce and data protection issues. Team head Ivo Rungg advised Springer Maschinenfabrik on a co-operation agreement for the development of a new IT system, and assisted Tiroler Glashütte with matters pertaining to its launch of a new online sale and distribution system. Tele2 Telecommunication retained the team to advise on IT outsourcing matters.
Binder Grösswang > Firm Profile
The firm: Binder Grösswang’s successful strategy is based on outstanding professional expertise combined with a teamwork approach. More than 100 highly specialised professionals work together in teams to give the firm’s clients outstanding support in international and domestic mergers and acquisitions, financing and capital market transactions, and to preserve their interests in court proceedings and arbitrations. Binder Grösswang’s top priority is to act as a partner to its clients. The firm has gained an excellent reputation for its sophisticated and business-oriented approach and individually tailored solutions.
Binder Grösswang strives to meet market expectations by identifying tomorrow’s legal challenges, working with optimum efficiency and offering competitive prices, without compromising highest quality and full loyalty.
The firm has ranked among Austria’s leading law firms for over 50 years. Today it is one of the largest law firms in Austria and advises major Austrian and international corporations and financial institutions.
International experience: Binder Grösswang focuses particularly on complex cross-border transactions whenever Austrian law issues are relevant and maintains close contacts with top international law firms on a global level.
The majority of the firm’s assignments are transnational. By working in cooperation with a global network of top-flight partner firms and selecting those local experts best qualified for the matter at hand in each particular case, Binder Grösswang is able to provide flexible, customised solutions in all major jurisdictions. In turn, Binder Grösswang is a reliable partner for international law firms seeking legal expertise in Austria.
Areas of practice: Banking and finance, capital markets, competition, corporate/M&A, dispute resolution, employment law, insolvency and restructuring, private client and entrepreneur, real estate, regulatory, tax, unfair competition and IP.
|Banking and finance||Michael Binder|
|Banking and finance||Tibor Fabian|
|Banking and finance||Stephan Heckenthaler|
|Banking and finance||Stefan Tiefenthaler|
|Banking and finance||Emanuel Welten|
|Capital markets||Tibor Fabian|
|Capital markets||Florian Khol|
|Dispute resolution||Stefan Albiez|
|Dispute resolution||Johannes Barbist|
|Dispute resolution||Ingeborg Edel|
|Dispute resolution||Christian Klausegger|
|Dispute resolution||Michael Kutschera|
|Insolvency and restructuring||Gottfried Gassner|
|Insolvency and restructuring||Emanuel Welten|
|Private clients and entrepeneurs||Andreas Hable|
|Private clients and entrepeneurs||Bernd Schneiderbauer|
|Real estate||Tibor Fabian|
|Real estate||Markus Uitz|
|Unfair competition and IP||Ivo Rungg|
|Dr iur Stefan Albiez||View Profile|
|Dr iur Johannes Barbist||View Profile|
|Dr iur Thomas Berghammer||View Profile|
|Dr iur Michael Binder||View Profile|
|Dr iur Hellmut Buchroithner||View Profile|
|Mag iur Christine Dietz||View Profile|
|Mag iur Ingeborg Edel||View Profile|
|Dr iur Tibor Fabian||View Profile|
|Mag iur Gottfried Gassner||View Profile|
|Dr iur Andreas Hable||View Profile|
|Dr iur Stephan Heckenthaler||View Profile|
|Dr iur Raoul Hoffer||View Profile|
|Dr iur Isabelle Innerhofer||View Profile|
|Dr iur Florian Khol||View Profile|
|Dr iur Christian Klausegger||View Profile|
|Dr iur Alexander Kramer||View Profile|
|Dr iur Michael Kutschera||View Profile|
|Mag iur Horst Lukanec||View Profile|
|Dr iur Angelika Pallwein-Prettner||View Profile|
|Dr iur Ivo Rungg||View Profile|
|Dr iur Thomas Schirmer||View Profile|
|Dr iur Bernd Schneiderbauer||View Profile|
|Dr iur Stefan Tiefenthaler||View Profile|
|Dr iur Markus Uitz||View Profile|
|Mag iur Emanuel Welten||View Profile|
|Dr iur Christian Wimpissinger||View Profile|
Staff FiguresNumber of lawyers : 100
LanguagesCroatian Czech English French German Italian Russian Slovak Spanish
OtherContacts : Michael Kutschera (managing partner) Contacts : Thomas Schirmer (managing partner) Other offices : Innsbruck
- GREAT PLACE TO WORK
BINDER GRÖSSWANG is known in the market as the top employer among international law firms.
Not least because of that BINDER GRÖSSWANG has been the first law firm holding the Great Place to Work Award for best employers in Austria. In 2018 BINDER GRÖSSWANG wins the Great Place to WorkAward for the third time and is still the only law firm in Austria holding this Award.
Great Place to Work® awards prizes for best employers in Austria, which are conferred for trusting workplace relations and corporate culture. The assessment leading to the award is based on a world-wide benchmark study rating values such as credibility, respect, fairness, pride and team spirit in the corporate setting.
- WE CARE
In 2015 BINDER GRÖSSWANG (BG) launched the programme WE CARE in order to help people in need. Through hands-on activities, monetary donations and donations in kind, BG regularly supports various projects suggested by staff members.
- BINDER GRÖSSWANG supports MOMO, Viennas mobile hospice and palliative team for children
Being diagnosed with a life-limiting disease is traumatising for a child and it impacts the entire family. Since its inception in March 2013 the MOMO team has provided extensive care to more than 200 critically ill children and their families at their homes. Help is tailored to the needs of each family, depending on the care required. If required, MOMO supports affected families from the moment of diagnosis, for weeks, months or even for many years, until the children pass away, and beyond.
- BINDER GRÖSSWANG supports Canisibus Food Buses run by Caritas
Binder Grösswang has actively supports actively the team of the Canisibus food busses several times. Canisibus is an institution run by Caritas. Every evening, 365 days a year, the Canisibus buses provide homeless persons with hot soup and bread. Up to 450 persons are served daily along the buses regular routes.
- BINDER GRÖSSWANG cooks for the Gruft
Binder Grösswang cooks for the Gruft, a charitable institution run by Caritas, which provides homeless people in Vienna with food, clothing, etc. free of charge. The basic principle behind “cooking for the Gruft” is simple. The ingredients are purchased beforehand and brought along to the Gruft, where the meal is prepared. Every year, around 150 cooking groups actively support Caritas in this way; Binder Grösswang has participated in this project several times.
- BINDER GRÖSSWANG supports Stiftung Kindertraum
In 2016 and 2017 Binder Grösswang supported the Stiftung Kindertraum foundation through the WE CARE program. The object of the foundation is to fulfil special wishes of children and young people with disabilities or serious illnesses and thereby sustainably improve their quality of life. Stiftung Kindertraum receives new requests almost daily. These range from abstract dreams to costly therapies or special equipment.
- BINDER GRÖSSWANG supports Doctors without Borders”
Binder Grösswang supported the Austrian office of the international organization “Doctors without Borders” in 2017. The contribution helped to provide medical aid in countries where the survival of human beings is jeopardized by conflicts, epidemics or natural disasters. Depending on what is needed, Doctors without Borders provide basic medical care, perform emergency surgery, carry out vaccination campaigns, run nutrition centres, offer psychological support or train local staff.
- Frontline Humanitarian Emergency Relief
Since it began in 2011, the conflict in Syria has resulted in the biggest refugee and displacement crisis since World War Two. As of 2016, after more than five years of war, an estimated 4.8 million Syrian refugees had fled the country and some 6.5 million were displaced inside Syria. The everyday life of the Syrian population was still characterized by extreme violence, targeted attacks on civil and medical institutions as well as on aid convoys, and military sieges. Binder Grösswang was pleased to be able to support Doctors without Borders in providing emergency aid in Syria.
Top Tier Firm Rankings
- Commercial, corporate and M&A
- EU and competition
- Insolvency and corporate recovery
- Private client
- Dispute resolution: arbitration and mediation
- Dispute resolution: white-collar crime (including fraud)
- Intellectual property
- Projects and energy
- Real estate
- Administrative law and public sector
- Public procurement