Firm Profile > Schoenherr (Schönherr Rechtsanwälte) > Vienna, Austria

Schoenherr (Schönherr Rechtsanwälte)
SCHOTTENRING 19
1010 VIENNA
Austria

Administrative law and public sector Tier 1

Schoenherr (Schönherr Rechtsanwälte) provides a diverse range of public law services ranging from energy and transport to technology and gaming. A key focus lies on environment and climate change matters, for instance in the shape of planning and permitting, nature protection law and waste management. Bernd Rajal acts as firm-wide department head, with Christian Schmelz in charge of the subgroup planning and environment. Rajal advises both public and private entities on trade and foreign investment law, whereas Schmelz excels at construction and energy law. Associate Benjamin Schlatter handles both the regulatory aspects of environmental law and administrative proceedings.

Practice head(s):

Bernd Rajal

Other key lawyers:

Christian Schmelz; Benjamin Schlatter

Testimonials

‘Mr. Schmelz is an outstanding expert and delivers excellent results.’

‘Extraordinarily well-educated lawyers, with their local and international expertise and language skills.’

‘Outstanding social skills, accuracy and professionalism of how cases are handled. Internationality and future-oriented thinking.’

‘The Administrative law practice of Schoenherr is outstanding in terms of professionalism and experience. The lawyers there are excellent, and they are the ones to call when it comes to extraordinary complex cases in the public sector. There are many other law firms around but Schoenherr plays in a different league. Extremely solution-oriented approach and responsive.’

‘They are always on the top of things when there are new regulatory developments. For example, they immediately reacted to the pandemic and established a COVID-19 corner on their website providing information services to their clients. Excellent client care. This makes them unique. ’

‘Bernd Rajal is an excellent administrative law lawyer who is able to assist in handling complex matters. I work with him for years and I can strongly recommend him. If I have something important I go to him.’

‘Bernd Rajal is strong in energy and public transport related matters. I also work with other lawyers, but Bernd Rajal is absolutely the best in the field of public law.’

Key clients

Internationale Rheinregulierung

Laakirchen Papier

Austrian Chamber of Commerce

Zellstoff Pöls AG

Wiener Linien

Flixbus

EXAA Abwicklungsstelle für Energieprodukte AG

UniCredit Bank Austria AG

Association of Austrian Pharmacies

Autobahnen- und Schnellstraßen-Finanzierungs-AG (ASFINAG)

Red Bull

European Bank for Reconstruction and Development (EBRD)

European Commission (DG Energy)

State of Vorarlberg

BRAMAC Dachsysteme International GmbH

Banking and finance Tier 1

Schoenherr (Schönherr Rechtsanwälte) has recently been particularly active advising on Covid-19-related matters such as the establishment of the state-owned funding agency COFAG and, subsequently, on COFAG rescue financing packages. While providing regulatory advice, including Brexit and fintech-related matters, constitutes a key strength of the team, it is equally well versed handling transactional work across the CEE region, which is routinely carried out in tight cooperation with its offices across the network. In this space, banks, investment firms and corporates receive advice on acquisition, real estate, project and green finance alongside investments and DCM-related matters. In conjunction with its new tech group, the practice is also well placed to advise start-ups and fintechs on cryptocurrency and blockchain matters. Ursula Rath is a key contact for fintech-related work and best known for her capital markets expertise. Team head Martin Ebner also acts at the intersection with DCM and handles a wide range of financing matters, including structured finance, loan portfolio sales, debt restructuring and refinancings. Peter Feyl routinely represents international banks and financial institutions in various transactions, while Laurenz Schwitzer is a key contact for real estate and project finance as well as distressed debt transactions and green finance.

Practice head(s):

Martin Ebner

Other key lawyers:

Ursula Rath; Peter Feyl; Laurenz Schwitzer

Testimonials

‘Knows the industry and has expert knowledge, goes the extra mile to get things done.’

‘They ask the right questions, they listen to the answers and they come up with really good ideas in order to solve problems efficiently.’

‘One of Vienna’s leading firms in banking; very wide experience, have the manpower to handle very big and work-intensive projects very well. Have a very good network in the CEE region. Single point of contact concept (also if you have an issue in CEE) works very well.’

‘The team is particularly experienced in M&A transactions in the banking and finance and asset management industry.’

‘The team is extremely personable, and yet also very professional. They anticipated any issues we may have and directed our attention to them without being prompted or being asked. The team is also very competent and offered expertise and insights on a wide spectrum of relevant issues.

‘Reliable and always accessible main contact persons.’

‘Ursula Rath has a strong track record of managing M&A transactions in the asset management industry. She is always approachable and highly committed to delivering best possible results for her clients. Very strong at negotiations with contractual parties and regulators.’

‘Peter Feyl and Ursula Rath: both very competent, yet extremely approachable, personable and warm.

‘Martin Ebner: experienced; very good drafter and negotiator; creative.’

Laurenz Schwitzer: incredibly quick and good in picking up things, in transforming an idea to contractual language, always keeps the overview of things and remains on top of matters.

Key clients

ABBAG Abbaumanagementgesellschaft des Bundes

Advent International

Amazon

America Movil

Aves One

B & C Holding Österreich

Bank of America Merril Lynch

Barclays Bank

Blackrock

Conda Crowdinvesting Europe

ContourGlobal

COVID-19 Finanzierungsagentur des Bundes GmbH (COFAG)

C-Quadrat

Credi2

Credit Suisse International

Deutsche Bank

Easybank/Paylife

ENI

EPH Holding

Erste Group Bank

Goldman Sachs

Interglobe Enterprises Limited

JP Morgan

KIKA/Leiner

Mayr-Melnhof Holz Holding

Morgan Stanley

Raiffeisen Bank International

Raiffeisen-Holding NÖ-Wien and Raiffeisenlandesbank Niederösterreich-Wien

Sberbank

SIX Group

Societé Generale International

Sony

Standard Life

UniCredit group, including UniCredit Bank Austria

UNIQA Insurance Group

Commercial, corporate and M&A Tier 1

Collaborating closely with other practice areas as well as integrated offices throughout the CEE region, Schoenherr (Schönherr Rechtsanwälte) shows multijurisdictional excellence across a wide range of corporate topics and M&A. The Austrian team puts a core focus on banking and insurance sectors, albeit industry expertise is diverse. Sascha Hödl and Roman Perner jointly head the practice, with the former particularly active in banking M&A as well as restructuring transactions, and the latter concentrating on corporate litigation and reorganisation. Christian Herbst has an excellent reputation for venture capital and corporate finance transactions. Counsel Maximilian Lang plays a significant role in cross-border transactions involving blue-chips and private equity houses.

Practice head(s):

Roman Perner; Sascha Hödl

Other key lawyers:

Christian Herbst; Alexander Popp; Maximilian Lang

Testimonials

‘Experienced team capable of very quickly supporting complex equity transactions and related legal matters.’

‘Highly competent and exceptional ability to quickly adapt to new challenges. Ability to see things through the eyes of the client. Holistic view, thinking outside the box, very innovative.’

‘Roman Perner is our key contact and advises us on all corporate matters. His advice is straight to the point and he is also always available.’

‘Delivery of results in timely manner, legal expertise, practical approach.’

‘Efficiency, practicability, industry knowledge, timely processing.’

‘Team strengths is a lot of experience that let them anticipate any problems in a project and solve them to get quick results at the end.’

‘Roman Perner is an extraordinary expert in commercial and corporate law, that makes you feel comfortable concerning legal procedures in Austria.’

‘Very competent, well organized, one-stop-shop approach, branches in SEE, excellent negotiators, comprehensive understanding of M&A market and insurance business.’

Key clients

UNIQA Group

OMV AG

RFR

Deutsche Post AG

San Gabriel Privatstiftung

UniCredit Bank Austria AG

Erste Group

Funke Mediengruppe

Playtika Ltd

Credi2 GmbH

Toyota Motor Europe

CRH

Ericsson

Tyson Foods

Bilfinger Industrial Services Österreich GmbH

Interglobe Enterprises Limited

coeo Inkasso GmbH

Thales Group

Synergis Informationssysteme GmbH

WAZ Ausland Holding GmbH and Kurier Zeitungsverlag und Druckerei GmbH

OMV Petrom

GasGas

Neuraxpharm Austria GmbH

Ohridska Banka AD

Fressnapf SE

Benteler International AG

Brau Union Oesterreich AG

Voith GmbH & Co. KGaA

EU and competition Tier 1

Schoenherr (Schönherr Rechtsanwälte) is one of only a few Austrian firms to operate an office in Brussels, which makes the team a popular draw for EU and multinational merger control filings and compliance programmes. Franz Urlesberger's The team is also adept at representing corporations in antitrust proceedings and investigations and defending enterprises in private damages claims. Practice head Franz Urlesberger counts wood, paper and packaging companies among his clients. Questions concerning horizontal and vertical cooperation agreements are the focus of Hanno Wollmann and counsel Stefanie Stegbauer is praised for her knowledge of internal audits and e-discovery.

Practice head(s):

Franz Urlesberger

Other key lawyers:

Hanno Wollmann; Stefanie Stegbauer; Volker Weiss

Testimonials

‘Clearly one of the best competition law practices in Austria with a strong presence all across Eastern Europe.’

‘Incredible at getting the job done to requirements (on time, within budget). Deliver every time the consistent high quality I have become used to. ’

‘Volker Weiss is sharp, has great business acumen and delivers consistently very high quality. ’

‘Very competent, excellent availability, very committed, proactive.’

‘Exceptional legal knowledge, dedication and commitment, time management, proactive approach.’

Key clients

Deutsche Post DHL Group

Österreichische Post AG

FUJIFILM Corporation

OMV

NuCom Group

Google LLC

KONE

AGRANA

UNIQA

Silgan Holdings

ORF

Herba Chemosan

Heineken Group / Brau Union Österreich

UBER

EXAA

Erste Group

UniCredit Bank Austria

Raiffeisen Bank International

BAWAG

Oberbank

Insolvency and corporate recovery Tier 1

Schoenherr (Schönherr Rechtsanwälte) is recognised by clients and peers alike for its broad restructuring and insolvency expertise which is routinely called upon by lenders, and increasingly by distressed borrowers, who require assistance with pre-insolvency reorganisations and refinancings. The team has particular experience of the restructuring of financial institutions, while advising buyers on distressed M&A transactions constitutes another key area of strength. Wolfgang Höller, who specialises in insolvency law, debt restructuring and financial litigation, jointly heads the practice with debt restructuring and refinancing specialist Martin Ebner. Miriam Simsa is another key individual and focuses on out-of-court restructurings, distressed M&A and other restructuring-driven transactions across Austria and CEE.

Practice head(s):

Wolfgang Höller

Other key lawyers:

Miriam Simsa; Martin Ebner

Testimonials

‘Top-tier law firm with fully fledged insolvency and corporate recovery practice.’

Very comprehensive coverage of all related fields of law.

‘Very good knowledge of all insolvency matters and anything connected to distressed debt.’

‘Very task-dedicated and oriented. Almost 24/7 availability. Clear in advice and recommendation. High speed in answering questions, pragmatic approach.’

‘Miriam Simsa: pragmatic, target-orientated, very responsive, available almost 24/7. Careful and accurate.’

‘Miriam Simsa is an exceptional committed and very smart person. She showed a very high level of diplomatic capability and was very solution-oriented. Miriam has huge professional knowledge!

Key clients

ÖBB-Holding

COVID-19 Finanzierungsagentur des Bundes GmbH

ABBAG – Abbaumangementgesellschaft des Bundes

Thales

Voestalpine Böhler Welding Group

HETA

Sberbank

Project Fan/Galapagos

OVS

A-Lanes

Raiffeisenlandesbank Oberösterreich AG

Nortel Networks (Austria) GmbH

Intellectual property Tier 1

Schoenherr (Schönherr Rechtsanwälte) is a key destination for a wide variety of IP matters spanning across the whole CEE region. The stellar practice is jointly headed by IP litigation heavyweight Guido Kucsko, Christian Schumacher and Michael Woller. Schumacher combines IP expertise with media and unfair competition law and Woller regularly coordinates regional trade mark work. Counsel Dominik Hofmarcher plays an important role in the department, especially when it comes to personality rights, sports and entertainment. Other key areas include trade secret protection, portfolio management and IP enforcement.

Practice head(s):

Guido Kucsko; Christian Schumacher; Michael Woller

Other key lawyers:

Dominik Hofmarcher

Testimonials

‘Exceptional know-how in Trademark issues.’

‘Very knowledgable, reacting quickly, thinking in advance.’

‘Well known in the industry as the lead IP lawyers, second to none. Outstanding representation.’

‘Christian Schumacher is one, if not the best informed lawyer concerning Austrian trademark esp trademark litigation aspects, including European litigation. Quick response, understanding the challenge and issue quickly, very cooperative, taking enough time in discussing the approach of how to address a legal issue.’

Key clients

Uber

UNIQA Insurance Group

Deutsche Telekom

Institute of Science and Technology Austria

Brau Union

Arineo GmbH

Louis Vuitton

OMV

Erste Group

Octapharma

Samsung Electronics

Lallemand

Microsoft

Heidi Chocolat

Chanel

Albertina

Action Retail

Power Horse Energy Drinks

S.Spitz

Auer-Blaschke

Lenus Pharma

Edgar Rice Burroughs Inc

dm Drogerie Markt

STAMAG

Projects and energy Tier 1

A projects heavyweight, Schoenherr (Schönherr Rechtsanwälte) has significant expertise assisting with motorways, wind farms and hydropower plants. The practice also assists its high-end clients with other energy technology and renewables projects. 'Fantastic energy lawyer' Bernd Rajal acts as firm-wide head of the department, with Christian Schmelz in charge of planning and environment, Günther Leissler leading the tech regulation group and counsel Johannes Stalzer responsible for public procurement. Clients include national and international corporations, municipalities, provinces and government authorities.

Practice head(s):

Bernd Rajal

Other key lawyers:

Christian Schmelz; Günther Leissler; Johannes Stalzer

Testimonials

‘Senior lawyer Dr. Christian Schmelz is one of the most experienced legal experts in the field of public law. There are few others in Austria that can give legal advice on that level. Especially project developments in infrastructure will be assisted in a perfect and applied way so that risks can be minimized and successful project realization enabled.’

‘Schoenherr has a very strong legal team focused on various aspects of the energy market, from business transactions to policy advice offered to the European Commission. They have dedicated professionals with in-depth technical expertise around central and Eastern Europe. ’

‘Bernd Rajal, the head of the energy practice, is one of the best lawyers I have worked with. A dedicated professional with excellent team and project management skills. ’

‘They have unparalleled expertise not only in planning and environment, but also in many other fields of public law as well as in constitutional law. Their overall performance is simply extraordinary.’

‘Christian Schmelz is probably the most regarded practitioner in this field and regarded as the “doyen” of public law. He is at the forefront of all new developments in public and environmental law and also in political or ecological developments. He is simply outstanding: his technical and ecological competence is extraordinary high; he is excellent in negotiations and his social competence is very high.’

‘The difference working with Schoenherr attorneys due to other companies is the approach of how to solve a problem.’

‘The Regulatory and Energy team offers a full service in environmental and energy regulatory matters, works efficiently and is solution-oriented.’

‘Bernd Rajal has a profound knowledge, personal effort and is a fantastic energy lawyer. ’

‘Christian Schmelz is our leading lawyer from Schoenherr, an absolute expert in his business. He finds every loophole in the law that can support our administrative proceedings. His whole team is great in doing so, always thinking a step forward in what could happen next and find the right answer in advance.’

Key clients

Vienna International Airport

European Commission – DG Energy

Gazprom Group

Alpiq

EXAA Energy Exchange

Internationale Rheinregulierung (Int’l Organisation for the flood regulation on the river Rhine)

ASFINAG

EBRD (European Bank for Reconstruction and Development)

OMV Petrom

TIWAG Tiroler Wasserkraft AG

Austrian Chamber of Commerce (Wirtschaftskammer Österreich)

Red Bull

Laakirchen Papier

Zellstoff Pöls

TINETZ-Tiroler Netze GmbH

Real estate Tier 1

Schoenherr (Schönherr Rechtsanwälte) stands out for its broad expertise, leading to regular instructions on real estate transactions, including asset and share deals and associated financing, alongside asset and facility management, litigation and construction-related issues. Advising predominately investors and development companies, the team covers all asset classes, while Arabella Eichinger has a particular focus on office, residential and hotel sector work, including transactions, lease and management agreements and hotel developments. Real estate M&A expert Michael Lagler jointly heads the practice with Peter Madl, who, alongside transactions, also advises on construction developments. Counsel Clemens Rainer is another key contact for corporate real estate.

Practice head(s):

Michael Lagler; Peter Madl

Other key lawyers:

Arabella Eichinger; Clemens Rainer

Testimonials

‘We were supported in a very professional and goal-oriented manner throughout the whole legal process by all individuals.’

‘Excellent deal management, high-class expertise.’

‘We had a challenging acquisition in a hostile environment where the structure had to be revised a number of times. Schoenherr’s team had been exceptional in assisting the closing throughout the whole process.’

‘Exceptional in their expertise and always available.’

‘Excellent knowledge and performance of real estate; very well connected; theory and practice from a single source.’

‘Excellent skills in real estate law, commercial hands-on approach.’

‘Cooperative approach, reliable and business-aware.’

‘Michael Lagler has many years of experience in real estate transactions and profound knowledge of the Viennese market and other (especially CEE) real estate markets.’

Key clients

KTB Investment & Securities

Invester

Eastern Property Holdings

WestInvest

Hallmann Holding International

BVK

Swiss Life

Tscherne (Family Office)

Unger Unternehmensgruppe

Opec Funds for International Development (OFID)

GBI

Savills Investment Management (Germany) GmbH / Institutional Investment-Partners GmbH

Österreichischer Rundfunk (ORF)

Union Investment

Art-Invest Real Estate Funds GmbH

Hamburg Trust / Gal Cap

Ennismore Holdings

Capital markets Tier 2

Schoenherr (Schönherr Rechtsanwälte) covers a broad range of equity and debt capital markets transactions, including high-yields, and is well placed to advise on associated securitisation and structured finance matters as well as derivatives. These wide-ranging capabilities were further strengthened by the arrival of DCM and ECM expert Christoph Moser, who re-joined firm in January 2021 from Weber & Co. Attorneys-at-LawUrsula Rath, who, alongside ECM and DCM, also assists with financial services regulations and M&A transactions in the financial services industry, jointly heads the team with Peter Feyl, who has a focus on equity capital markets work and frequently acts at the intersection with banking, corporate and restructuring. Martin Ebner is a key contact for derivatives and structured finance. Clients include banks, national and international banking associations and investors.

Practice head(s):

Ursula Rath; Peter Feyl

Other key lawyers:

Christoph Moser; Martin Ebner

Testimonials

‘Very strong and dedicated expertise in capital market transactions and regulatory matters.’

‘Highly experienced, hands-on, deep knowledge of law, extremely responsive.’

‘Very efficient and incredibly quick response times – but still with fulsome answers and attention to detail.’

‘Schoenherr has a very strong network in Eastern and Southeastern Europe.’

‘We appreciate that Schoenherr provides its clients with a very high standard of individual and professional legal advice, having hands-on mentality and being solution-oriented.’

Legal services of high quality are provided in a timely manner with the highest degree of professional integrity and requisite technical competence.

‘Modern team with high synergies.’

‘Ursula Rath and her team stands out for their friendly manner, cooperation, competence and professionalism.’

‘Ursula Rath is technically excellent, very personable and always available to assist.’

‘We would like to emphasise the effort of Martin Ebner and Ursula Rath, who always aim to accomplish the best outcome for our interests. We appreciate the transparent and open way of communication, the proactive approach (e.g. making us aware of future legislative loopholes that could have a possible negative impact on us and provide us with proposals for solutions) and the concept to mutually learn from each other.’

‘For debt capital markets law-related questions my main contact is Ursula Rath. She is a great lawyer and a very pleasant person.’

Ursula Rath is highly motivated with high efficiency and great communication skills.

‘Ursula Rath – highly experienced, hands-on, deep knowledge of law, extremely responsive.’

‘Ursula Rath and Peter Feyl stand out for their hard and reliable work ethics, frank and friendly approach to discussions and a high degree of availability; together, they have a deep and broad range of experience.’

‘Peter Feyl and Ursula Rath: very competent and extremely personable, approachable and warm. Anticipated our issues proactively and provided invaluable insights. Negotiated very successfully on our behalf. Project was delivered on time, despite changes to the scope, and in very high quality. Always available to take the call, or called back as soon as possible. Very responsive to emails, and provided actionable feedback and to-the-point.’

‘Peter Feyl stands out for his impressive economic understanding and works hands-on on various issues based on extensive legal and regulatory know-how in international capital markets.’

‘The level of empathy the partners are able to demonstrate based on the long-lasting relationship; business-like and pragmatic approach to solving legal issues by highlighting various perspectives, issues and potential solutions.’

‘Christoph Moser stands out; very responsive; very good knowledge of corporate finance, DCM and ECM products; getting better and better in the restructuring space.’

Key clients

Barclays Bank PLC

BofA Securities Europe SA

Goldman Sachs International Bank

Nomura International plc

J.P. Morgan Securities plc

immigon portfolioabbau ag

UniCredit Bank Austria

Deutsche Bank

ISDA, FIA Europe, British Bankers’ Association, Austrian Economic Chamber

COFAG – COVID-19 Finanzierungsagentur des Bundes GmbH

Conda Crowdinvesting Europe

Credit Suisse AG

Advent International

ABBAG Abbaumanagementgesellschaft des Bundes

UBS Limited

UNIQA Insurance Group AG

Palfinger AG

Bank of America Merrill Lynch

Data privacy and data protection Tier 2

Schoenherr (Schönherr Rechtsanwälte) is developing a strong track record in GDPR-related proceedings. The data protection and privacy group is led by Günther Leissler, who assists with the implementation of database projects and web-based telecoms services on top of day-to-day GDPR matters. Furthermore, the firm operates an innovation hub, is engaged in Legal Tech Hub Vienna and offers clients a range of box tools to facilitate GDPR compliance.

Practice head(s):

Günther Leissler

Key clients

Facebook

Österreichische Post AG

Vienna Insurance Group (VIG)

Austrian Insurance Association

Raiffeisenlandesbank Oberösterreich

HDI Insurance Company

Verkehrsverbund Ost Region

ORF (Austrian Broadcasting Association)

Erste Bank AG

Novomatic Group of Companies

Novartis

Roche Diabetes Care Austria Gmbh

COVID-19 — Finanzierungsagentur des Bundes GmbH

Dispute resolution: arbitration and mediation Tier 2

Schoenherr (Schönherr Rechtsanwälte) has a significant emphasis on international arbitration, most notably in the investor-state and commercial space, spanning various jurisdictions and arbitral institutions. The firm's focus on investment and commercial arbitration received a further boost with the promotion of specialists Leon Kopecký and Victoria Pernt to partner and counsel, respectively.  Christoph Lindinger heads the practice and also acts as arbitrator.

Practice head(s):

Christoph Lindinger

Other key lawyers:

Leon Kopecký; Victoria Pernt

Testimonials

‘Extremely competent and to the point, very experienced and reliable.’

‘The team is very proactive and able to promptly identify new challenges and risks deriving either from the legal environment (e.g. jurisprudence, new laws) or market trends, which it is keen to overcome with innovative solutions.

‘Altogether this is a great team. Excellent communication and very good to work with.’

‘Schoenherr is our go-firm for commercial and international disputes. They currently represent us in a complex litigation in the banking sector and ICSID arbitration.’

This team has brilliant lawyers that fight tirelessly for their clients. I love their proactive approach and drive to win. They develop their strategy carefully, analyse every single option before making a move. This applies to both corporate and dispute resolution matters. I attended two ICSID hearings and I was impressed with their presentation and cross-examination skills. I have never seen a team of lawyers that puts that much effort into a case and cooperates so smoothly.

‘Christoph Lindinger has a significant amount of experience which really shines through in his advice. He is smart and totally on point commercially.’

‘Leon Kopecky is a quick-witted and smart lawyer, who can process a huge amount of information quickly and cut right to the heart of the issues.’

‘Leon Kopecky is able to bring complex cases to the point. He is very efficient and quick in answering any questions. He is very experienced in arbitration cases in our region.’

Leon Kopecky was in charge of the experts and witnesses, including my testimony and the cross-examination of witnesses and experts. Leon is a tremendous advocate, and I have never seen anyone handle witnesses with so much ease and politeness, yet firmly and with determination. It is a pleasure to watch Leon perform.

‘We highlight Leon Kopecky for his knowledge of international investment law and international arbitration. He is extremely clever, a strong communicator, and was always there for us when we needed him. In a word: a brilliant arbitration lawyer. We were especially impressed with his performance at the hearing in Paris, where Mr Kopecky showed skills far superior to those of the opposing counsel. We also want to highlight Victoria Pernt, who is admitted both in Austria and the USA, and combines this to a level of international advocacy that is simply impressive.’

‘Leon Kopecky is a stand-out lawyer. Very impressed with his approach.’

‘I work with Christoph Lindinger, Leon Kopecky and Victoria Pernt. This team gets the job done.’

Victoria Pernt was involved in preparing the hearing (and me for it) and I was very impressed by her skills. Although she is young, she is extremely skilled, confident, and I would not have wanted to go into the hearing without her.

Christoph Lindinger was the lead speaker, he did the opening statements in the arbitration courtroom in Paris. He was perfectly prepared and his performance was excellent. He comes across as a senior statesman and people listen to him.

‘Christoph Lindinger has a significant amount of experience which really shines through in his advice. He is smart and totally on point commercially.’

‘Small highly motivated team. Friendly also which helps with the dynamics.’

‘Easy to be reached and deal with, huge availability, concrete experience and deep knowledge of banking products/ services.’

Key clients

Raiffeisen Bank International

RBA – Raiffeisenbank Hrvatska

Vítkovice Power Engineering a.s.

APG/SGA, Société Générale d’Affichage SA

JCDecaux S.A.

Funke Medien Group

Kansai Paint Ltd.

Tele2

Dardafon.net LLC

Mera Investment Fund Limited

Thales Austria GmbH

ARE Austrian Real Estate Development GmbH

Gewista-Werbegesellschaft m.b.H

Dispute resolution: commercial litigation Tier 2

Benefiting from its extensive network of offices in the CEE and SEE region, Schoenherr (Schönherr Rechtsanwälte) receives regular instructions with cross-border elements from national and international clients. Its recent work includes financial investment and mass consumer litigation, post-M&A and contractual disputes alongside claims for damages, among other matters. The team is also experienced in handling class actions in the insurance and energy sectors. Arbitrator and litigator Christoph Lindinger jointly heads the practice with Andreas Natterer, who has particular expertise in the healthcare and life sciences sector, most notably in associated product liability and unfair competition claims.

Practice head(s):

Christoph Lindinger; Andreas Natterer

Other key lawyers:

Wolfgang Höller

Testimonials

‘The team is flexible and accessible; offers a great level of service. It works hard, efficient and is well organised.

‘The Schoenherr Austria litigation team is a close knit team which balances strong legal technical expertise with commercial sensibility. Great team to work with: good strategic thinkers, good attention to detail as well as client interests, and great communication.’

‘The team works very professionally, always brings out the best for the client – with an innovative approach. Compared to other law firms, the team is solution-oriented and business-friendly.’

‘The litigation team has great legal knowledge and stands out with its track record. They get their job done successfully. Their overall level of service is excellent.’

‘Good cooperation within the team.’

‘Andreas Natterer – qualified and experienced. Gets to the crux of the matter quickly.’

Key clients

Raiffeisen Bank International

Funke Medien Group

UBER BV

Facebook Ireland Ltd

KONE

Mondelez

Danone

Verband der Versicherungsunternehmen Österreichs – VVO

TMT Tier 2

Underlining the growing importance of technology and digitalisation at Schoenherr (Schönherr Rechtsanwälte), the firm recently created a standalone IP and technology practice. Cloud solutions, digitalisation projects and e-commerce make up a substantial part of its day-to-day business, which also includes advice to new media and telecoms companies. Thomas Kulnigg heads the team and is a key name for technology transactions and tech start-ups. The strong bench also includes software and outsourcing specialist Wolfgang Tichy and counsel Veronika Wolfbauer, who covers regulatory aspects in particular.

Practice head(s):

Thomas Kulnigg

Other key lawyers:

Wolfgang Tichy: Michael Woller; Veronika Wolfbauer

Testimonials

‘Practical prompt service and advice.’

‘Very deep knowledge in the TMT field, in particular on software projects and e-commerce matters. First address in Austria and Eastern Europe.’

‘I’m working a lot with Wolfgang Tichy. He speaks the language of his clients, addresses complex legal problems in a pragmatic way and contributes a lot to get the deal done.’

‘Schoenherr’s core capability is that they not only know the law: Schoenherr delivers swift and solid advice. They give you guidance and help you devise options for optimal business decisions.’

‘Wolfgang Tichy certainly belongs to the best IT lawyers in the German-speaking world. He simply knows the IT market. Furthermore, it is a pleasure to work with because he is witty and tries to cajole the future partners into a sensible framework for future cooperation, and he is not in the business of placing a hidden bombshell in every line of his contracts. He is simply fair.’

‘Unique and outstanding sector knowledge.’

‘Efficiency, expertise, timely processing, industry knowledge.’

‘Real focus on business-related solutions and not only abstract legal advice, as far as feasible real legal decisions and not only legal analyses.’

‘Wolfgang Tichy understands the business of the client and how to deal in such environment with legal topics.’

‘Young and dedicated team with skilled lawyers in a sizable number.’

‘In my view, Wolfgang Tichy is the outstanding lawyer in their practice. He is well versed in IT law as well as in related areas, such as data protection or consumer protection law. He is a tough negotiator, though always accurate.’

‘They are very motivated and I can get in touch with them easily without delays.’

‘I can ask them whatever I want to whenever I want to and can be sure that they answer quickly.’

Key clients

Uber

Facebook

Amazon

Microsoft

Institute of Science & Technology Austria

Arineo GmbH

Samsung Electronics

Ulbrich of Austria GmbH

UNIQA

UniCredit Group

MediaMarkt Saturn

CONDA AG

Playtika Ltd

Sony Interactive Entertainment

FIRST WAP International DMCC

yuutel GmbH

GMS Gourmet GmbH

Sanus X GmbH

Construction Tier 3

Working in close conjunction with the firm’s real estate and regulatory teams, Schoenherr (Schönherr Rechtsanwälte)’s construction practice is well placed to provide assistance with construction and infrastructure projects including related litigation and arbitration as well as associated transactions. Team head Peter Madl routinely acts in the transactional sphere, advising international investors and investment funds on the acquisition of project developments and redevelopments, while also providing assistance with various construction contracts, construction litigation and matters at the intersection with real estate. Constantin Benes, who focuses on contentious and non-contentious construction matters pertaining to industrial units as well as on the development of housing and office projects, was made partner in 2020.

Practice head(s):

Peter Madl

Other key lawyers:

Constantin Benes

Testimonials

‘Outstanding market knowledge.’

‘Constant reachability, full reliability and tenacity in negotiations performed even during the Covid period.’

‘The construction law team offers great service with a profound understanding of the client’s needs. It provides state-of-the-art legal advice in the most efficient way.’

‘The lawyers we work with are characterised by a high qualification, long-term experience and deep understanding for the client’s needs. They seek for the best solution for the client, which means that not the billing, but the solution matters.’

‘Personal commitment, professional, competence.’

‘Constantin Benes has outstanding knowledge in construction law and provides a hands-on, in-depth approach to every question arising during a construction period.’

‘Constantin Benes has very good knowledge of the industry. Offers prompt and workable solutions for all our legal issues. Highly recommended.’

‘Constantin Benes provides very accurate, highly valuable and most importantly workable solutions for rather complex legal issues. His experience and knowledge in the field of property development is very profound. Highly recommended.

Key clients

ASFINAG

Zellstoff Pöls AG

Unger Unternehmensgruppe

Project Rhesi

Vienna International Airport

Clariant AG

Bank Austria Real Invest Immobilien-Kapitalanlage GmbH

TIWAG

Wiener Linien

6B47

Bauconsult Group

Deutsche Vermögensberatung Aktiengesellschaft DVAG / Pannonia Grundstücksverwaltungsgesellschaft mbH

Hallmann

WINEGG Group

DWS Grundbesitz GmbH

Dispute resolution: white-collar crime (including fraud) Tier 3

Schoenherr (Schönherr Rechtsanwälte) has a strong profile for compliance-related work, which is an offering corporates from various industries make regular use of, but the team is also adept at providing advice on internal investigations and criminal proceedings pertaining to accusations of fraud, embezzlement, money-laundering and breach of trust. While its client base consists mostly of corporates, the practice, which is led by restructuring and insolvency expert Wolfgang Höller, also acts for individuals. Counsel Klara Kiehl is another key individual and handles a wide range of dispute resolution work with a focus on criminal law and criminal compliance.

Practice head(s):

Wolfgang Höller

Other key lawyers:

Klara Kiehl; Michael Lindtner

Testimonials

‘Very experienced and good communicators.’

‘Clear and succinct practical advice on Austrian criminal law and process.’

‘Michael Lindtner is an expert in his field of criminal law, especially in anti-money laundering aspects and victim protection.’

‘Michael Lindtner has been extremely reactive and easy to deal with.’

‘Klara Kiehl: excellent lawyer, goal-oriented, flexible and empathic.’

Employment Tier 3

The employment practice at Schoenherr (Schönherr Rechtsanwälte) is able to handle all aspects of contentious and non-contentious employment law. Stefan Kühteubl heads the team and has strong knowledge of employment issues in the context of M&A transactions. He receives key support from Teresa Waidmann, who counts compensation and benefits plans, pension and global mobility among her areas of expertise.

Practice head(s):

Stefan Kühteubl

Other key lawyers:

Teresa Waidmann

Testimonials

‘Very competent, quick and reliable.’

‘In addition to their professional expertise, the flexibility of the consulting lawyers and their willingness to focus on the special requirements of university lecturers and researchers in the consulting process should be mentioned. This makes it possible to always come up with good deletion suggestions.’

‘The law firm has experts in various fields of law and can therefore provide comprehensive advice. All contact persons are competent and friendly. The excellent, always fair and open advice on the facts of the case should also be emphasized. ’

Key clients

Central European University (CEU)

Magna Group

Funke Mediengruppe

TUW – Technische Universität Wien

ACTION

AKH – Allgemeines Krankenhaus Wien (Vienna General Hospital)

ORF

Thales

UNICREDIT Bank Austria AG

JTI

TIWAG

ContourGlobal

Public procurement Tier 3

Representing bidders as well as contracting authorities, Schoenherr (Schönherr Rechtsanwälte) is able to undertake both the preparation of tender applications and the execution of tender procedures. Counsel Johannes Stalzer shares responsibility for the department with Christian Schmelz, who also heads the firm's regulatory practice. Schmelz has considerable understanding of EU-wide and cross-border tender procedures, for instance with regard to infrastructure or outsourcing projects.

Practice head(s):

Christian Schmelz; Johannes Stalzer

Testimonials

‘Highly efficient and competent team.’

‘Johannes Stalzer is a highly experienced, extremely committed and efficient advisor with the ability to relate public procurement law to legal and non-legal staff likewise. Johannes Stalzer’s no-nonsense and down-to-earth approach was highly appreciated.’

‘Mr Stalzer and his colleagues provided thorough and diligent work. This was done within the deadline and was complete. Their knowledge of Austrian Public Procurement Law is of a high level and they have a good insight in the EU Directives.’

‘It is unique how quickly and competent this practice reacts to individual demands.’

‘Super high competence and engagement, combined with a lot of experience in their individual areas.’

‘Personal contacts are very stable.’

‘Personal contacts are easy to contact at any time. Identification with customer problems is very high.’

‘The team is extremely experienced in public procurement matters, very responsive and business-oriented.’

‘We mainly work with Johannes Stalzer. He is one of the leading lawyers in Austria for public procurement matters. He is very trustful and very much appreciated amongst experts working for other law firms.’

Key clients

WienIT

Albertina

Technisches Museum Wien

Thales Austria GmbH

TIWAG Tiroler Wasserkraft AG

Neue Heimat Tirol

Wiener Netze GmbH

Bundesrechenzentrum GmbH

Wiener Krankenanstaltenverbund (Vienna Hospital Association)

EBRD

Tax Tier 4

The tax department at Schoenherr (Schönherr Rechtsanwälte) advises on the tax aspects of M&A, as well as assisting with tax structuring, cross-border restructurings and criminal tax law. The group, which is led by Roman Perner, also handles tax litigation and recently assisted with tax questions in relation to the Covid-19 outbreak.

Practice head(s):

Roman Perner

Other key lawyers:

Peter Feyl; Marco Thorbauer

Testimonials

‘The unique thing about Schoenherr tax is that it is young, dynamic and still full of hands-on expertise. Schoenherr tax always delivers in time and in high quality leaving no open questions. No matter how complicated the matter is, they can always break it down to simple and comprehensive language.’

‘Marco Thorbauer stands out with great tax structuring experience and his 24/7-availability.

‘The Schoenherr Tax Team is very responsive and describes complex matters in a way that is very easy to understand (even if you have not studied law). I have not seen other law firms that are so “to the point”.’

‘Marco Thorbauer is always keen on working towards solutions and very sociable. He has the competence to present clear solutions in a way everybody understands.’

‘Always solution oriented advice of high quality, great response time, available at almost any time. ’

‘Marco Thorbauer shows high level of expertise on all tax matters, never loses sight of any other business aspects or implications that might come along; great communicator which is especially noticeable in high level negotiations.’

‘Mr. Roman Perner has profound knowledge in setting up tax efficient corporate structures.’

‘Actual knowledge, timely process, practicability.’

‘Efficiency, expertise, timely processing. ’

‘The team specializes in excellent practice-oriented solutions of not everyday cases.’

‘Marco Thorbauer has great advisory experience regarding private clients.’

Key clients

Bilfinger Industrial Services Österreich GmbH

Tyson Foods

Österreichische Beteiligungs AG

Thales Group

Erste Bank

UNIQA AG

INVESTER United Benefits GmbH

VoooP GmbH

Bramac Dachsysteme International GmbH

INNIO Jenbacher GmbH & Co OG

Speedinvest

Partners Group AG

The firm: Schoenherr is a leading full-service law firm in Central Europe. Operating in a rapidly evolving environment, we are a dynamic and innovative firm with an effective blend of experienced lawyers and young talent. As one of the first international law firms to move into CEE/SEE, we have grown to be one of the largest firms in the region. With 15 offices and several country desks, our comprehensive coverage of the region means we can offer solutions that perfectly fit the given industry, jurisdiction and company.

Schoenherr has offices, country desks and permanent cooperation partner, and is in compliance with the respective local legal standards and conduct rules in all countries where it is active; therefore, the local firm name may vary from jurisdiction to jurisdiction.

Areas of practice
Banking and finance: The firm advises on general banking, including investment fund matters, and project, asset and structured finance including cross-border (equipment and facility) leases.

Capital markets: The firm has an IPO Practice and advises on crossborder equity and debt offerings, advising issuers, underwriters and transaction counsel.

Business to consumer protection: Schoenherr’s business to consumer protection group helps clients to ensure compliance with applicable consumer protection laws and regulations, litigates on their behalf, and provides instant assistance in urgent situations.

Compliance and criminal defence: Criminal compliance risks are present in all areas of business. In response to this, Schoenherr has established a dedicated compliance and criminal defence team. The team has substantive legal and practical expertise in this area and is well equipped to handle all aspects of criminal compliance and criminal defence matters.

Corporate investigations and crisis management: As response times to  emergency situations rapidly shorten in a connected world, Schoenherr has established a dedicated multi-faceted team of legal experts. It investigates the facts, advises on immediate next steps and assists with their implementation.

Corporate/M&A:The core practice of the corporate/M&A team is advising and representing clients on transactions and complex corporate and commercial matters. The team has an outstanding track record on key transactions in Austria and throughout CEE/SEE.

Dispute resolution: Schoenherr stands for excellence in litigation, arbitration,
and investorstate disputes. The team has scored some of the most publicised wins at ICSID and in the national courts. Clients value the first-rate legal skills and hands-on approach.

EU and competition: The EU and competition practice group advises clients
in merger control, anti-trust and state aid matters at European and national levels throughout the firm’s comprehensive network in the CEE region, and its office in Brussels.

Healthcare and life sciences: Schoenherr’s healthcare and life sciences group combines lawyers with particular industry expertise with specialists from various teams across the firm’s practice groups and offices. The group advises all stakeholders active in this industry.

Insolvency and restructuring: Schoenherr’s insolvency and restructuring team handles complex, multi-creditor financial restructurings and distressed refinancings of corporates and financial institutions. Further the team advises in insolvency proceedings and insolvency related litigation.

Insurance: Schoenherr’s insurance practice group advises many of Austria’s and Europe’s leading insurers on transactions in the insurance sector, as well as on distribution structures, product design, and all related regulatory and tax matters for life, non-life, and reinsurance business.

IP and unfair commercial practices: The Schoenherr IP practice group has long-standing experience in inter alia trademark, design, patent, copyright and unfair competition matters. Its members frequently represent parties in groundbreaking court cases in national and European courts.

Labour and employment: The labour and employment team advises on all
aspects of employment law, for both contentious and non-contentious matters. It focuses on inter alia issues arising from mergers and acquisitions, workforce restructuring and cross border transfer of employees.

Real estate and construction: The real estate and construction practice group enjoys high visibility in the region’s largest and most important transactions and development projects. The team advises on all aspects of acquisition of real estate, development/construction, restructurings, and real estate and construction- related litigation and arbitration.

Regulatory: By providing a wide-ranging and consistently reliable service, the regulatory practice group has successfully advised leading players across a wide spectrum of sectors, and in all matters of constitutional and administrative law.

Start-up and venture capital services: The Schoenherr team covers the full range of commercial legal services, and is well equipped to handle all aspects that become relevant during the life cycle of a start-up. We advise investors and founders in Austria and CEE.

Tax: Schoenherr’s tax practice advises domestic and international clients on their most sophisticated and challenging tax matters. It supports clients not only in detecting tax risks but in providing simple, clear and practical tax solutions.

Technology and digitalisation: The technology and digitalisation team provides 360° legal advice in the ever evolving world of new technology and digitalisation. Our experts from across our legal sectors ensure a comprehensive understanding of our clients’ needs.

Department Name Email Telephone
Banking and finance
Capital markets
Business to consumer protection
Compliance and criminal defence
Corporate investigations and crisis management
Corporate/M&A
Dispute resolution
EU and competition
Healthcare and life sciences
Insolvency and restructuring
Insurance
IP and unfair commercial practices
Labour and employment
Real estate and construction
Regulatory
Start-up and venture capital services
Tax
Technology and digitalisation
Photo Name Position Profile
Dr iur Robert Bachner  photo Dr iur Robert Bachner Robert Bachner has more than 20 years of professional experience. Robert specialises…
Mag iur Constantin Benes photo Mag iur Constantin Benes Constantin Benes is a partner with Schoenherr in Vienna.
Mag iur Martin Ebner  photo Mag iur Martin Ebner Martin Ebner is a partner of Schoenherr in Vienna and member of…
Mag iur Arabella Eichinger photo Mag iur Arabella Eichinger Arabella Eichinger joined the real estate team of Schoenherr in September 2013.…
Dr iur Peter Feyl  photo Dr iur Peter Feyl Peter Feyl is a partner in Schoenherr’s Vienna office, where he specialises…
Dr iur Sascha Hödl  photo Dr iur Sascha Hödl Sascha Hödl co-heads the Corporate/M&A practice. He has 25 years of professional…
Dr iur Wolfgang Höller photo Dr iur Wolfgang Höller Wolfgang Höller is a partner at Schoenherr, Vienna, where he specialises in…
Dr iur Christian Herbst photo Dr iur Christian Herbst Christian Herbst has more than 30 years of professional experience. His expertise…
Dr iur Dominik Hofmarcher photo Dr iur Dominik Hofmarcher Dominik Hofmarcher is a counsel specializing in ip, unfair competition/advertising and protection…
Dr iur Stefan Kühteubl photo Dr iur Stefan Kühteubl Stefan Kühteubl is a partner at Schoenherr, and the head of the…
Dr iur Klara Kiehl photo Dr iur Klara Kiehl Klara Kiehl is counsel at Schoenherr, where she specialises in civil and…
Mag iur Leon Kopecký photo Mag iur Leon Kopecký Leon Kopecký is a partner at Schoenherr, where he specializes in dispute resolution.
Hon-ProfDr Guido Kucsko photo Hon-ProfDr Guido Kucsko Guido Kucsko has been a partner at Schoenherr since 1986 and heads…
Dr iur Thomas Kulnigg photo Dr iur Thomas Kulnigg Thomas Kulnigg is a partner with Schoenherr, where he specializes in M&A…
Dr iur Michael Lagler photo Dr iur Michael Lagler Michael Lagler is Schoenherr’s firm managing partner and part of the real…
Mag iur Maximilian Lang  photo Mag iur Maximilian Lang Partner
Dr iur Günther Leissler photo Dr iur Günther Leissler Günther Leissler is a partner at Schoenherr, specializing in regulatory law, as…
Dr iur Christoph Lindinger photo Dr iur Christoph Lindinger Christoph Lindinger is a partner at Schoenherr. He has been heading the…
Dr iur Peter Madl photo Dr iur Peter Madl Peter Madl has been a partner at Schoenherr since 1992. He plays…
Mag iur Christoph Moser photo Mag iur Christoph Moser Christoph Moser is a partner of Schoenherr and co-heads the firm’s capital…
Dr iur Andreas Natterer photo Dr iur Andreas Natterer Andreas Natterer has been a partner at Schoenherr since 2008, where he…
Dr iur Roman Perner  photo Dr iur Roman Perner Roman Perner co-heads the corporate/m&a practice. He has more than 15 years…
Mag iur Victoria Pernt photo Mag iur Victoria Pernt Victoria Pernt is a counsel with Schoenherr, where she specializes in dispute…
Dr iur Alexander Popp photo Dr iur Alexander Popp Alexander Popp is a partner at Schoenherr specialising in corporate/m&a law.
Mag iur Matthias Pressler  photo Mag iur Matthias Pressler Matthias Pressler is an attorney at law with Schoenherr in Vienna. He…
Mag iur Clemens Rainer photo Mag iur Clemens Rainer Clemens Rainer is a counsel with Schoenherr, where he specializes in real…
Mag iur Bernd Rajal photo Mag iur Bernd Rajal Bernd Rajal is a partner at Schoenherr in Vienna where he heads…
Dr iur Ursula Rath photo Dr iur Ursula Rath Ursula Rath is a partner at Schoenherr in its Vienna office where…
Mag iur Benjamin Schlatter photo Mag iur Benjamin Schlatter Benjamin Schlatter is an attorney at law at Schoenherr in Vienna where…
Dr iur Christian Schmelz photo Dr iur Christian Schmelz Christian Schmelz is a top ranked lawyer / leading individual for planning…
Dr iur Christian Schumacher photo Dr iur Christian Schumacher Christian Schumacher is a partner at Schoenherr, where he focuses on intellectual…
Mag iur Laurenz Schwitzer  photo Mag iur Laurenz Schwitzer Laurenz Schwitzer is a partner in Schoenherr’s Vienna office and part of…
Mag iur Miriam Simsa photo Mag iur Miriam Simsa Miriam Simsa is partner at Schoenherr where she focuses on Insolvency &…
Mag iur Johannes Stalzer photo Mag iur Johannes Stalzer Johannes Stalzer has been counsel with Schoenherr since 2013 and is an…
Mag iur Stefanie Stegbauer  photo Mag iur Stefanie Stegbauer Stefanie Stegbauer is Counsel with Schoenherr in Vienna, where she focuses on…
Dr iur Franz Urlesberger photo Dr iur Franz Urlesberger Franz Urlesberger is a partner at Schoenherr and heads the firm’s eu…
Mag iur Teresa Waidmann photo Mag iur Teresa Waidmann Teresa Waidmann is a counsel with Schoenherr, where she specializes in employment…
Mag iur Veronika Wolfbauer photo Mag iur Veronika Wolfbauer Veronika Wolfbauer is a counsel with Schoenherr and specializes in regulatory law.
Dr iur Michael Woller photo Dr iur Michael Woller Michael Woller joined Schoenherr in 2008. He specialises in intellectual property law…
Dr iur Hanno Wollmann photo Dr iur Hanno Wollmann Hanno Wollmann has been a partner of Schoenherr since 1998, where he…
Number of lawyers : 300+
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Other offices : Belgrade
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Other offices : North Macedonia
Other offices : Ukraine

Austria/CEE: Schoenherr advises UNIQA on the acquisition of AXA subsidiaries in CEE for EUR 1bln

Once again, Schoenherr has advised on a billion-euro transaction in the CEE region: An international Schoenherr team assisted UNIQA on the acquisition of AXA subsidiaries in the Czech Republic, Poland and Slovakia for a purchase price of around EUR 1bln.

Austria/CEE: Schoenherr further strengthens leadership with promotions

Schoenherr is strengthening the ranks of equity partner, contract partner and counsel with new promotions effective as of 1 February 2020. With Pawel Halwa and Thomas Kulnigg, Schoenherr promotes two longstanding Schoenherr experts to equity partners. Constantin Benes, Leon Kopecký, Günther Leissler, Laurenz Schwitzer, Manuela Zimmermann, Georgiana Bădescu, Mădălina Neagu and Miloš Laković are promoted to contract partners, and at counsel level, Dominik Hofmarcher and Clemens Rainer have moved up in the ranks.