BRANDL TALOS Attorneys at law > Vienna, Austria > Firm Profile

BRANDL TALOS Attorneys at law

Austria > Dispute resolution: white-collar crime (including fraud) Tier 2

BRANDL TALOS Attorneys at law has a strong track record defending individuals and companies, most notably from the real estate, banking and entertainment sectors, against allegations of bribery, embezzlement, market abuse and investor and accounting fraud, while also routinely handling matters that crossover between white-collar crime and corporate law and capital markets law respectively. Team head Christopher Schrank's expertise extends to litigation and internal investigations; he is supported by associate Alexander Stücklberger, who has a specialism in defence and asset recovery work, which routinely includes cross-border elements.

Practice head(s):

Other key lawyers:


‘A very dedicated and reliable team with excellent expertise in white-collar crime. Working with the team turns out to be very reliable and also instructive.’

‘Christopher Schrank: A top lawyer in his field. Instructive professional exchange is guaranteed in cooperation with him.’

‘Alexander Stücklberger: A dedicated and confident young lawyer with extensive expertise.

‘This is a very dedicated, collegial and down-to-earth team with extensive expertise in, among other things, white-collar criminal law. Even with large cases, they are very well prepared and know the files down to the smallest detail. They are always available and great to work with.’

‘Alexander Stücklberger is highly intelligent and always well prepared for his proceedings with comprehensive knowledge. The professional exchange of opinions with him is always very instructive. It is impossible to imagine the criminal defence front without him.’

‘Strong team around partner Christopher Schrank in white-collar crime.’

‘Christopher Schrank is a leading individual in white-collar crime matters.’

‘These lawyers know and understand business as much as they do law, and act to address the economic, capital markets, tax as well as corporate aspects of the case. It is rare to find this business understanding, combined with a broad-reaching expertise in capital markets law, corporate law and criminal law, all at an equally high level. The team is very hard-working, and I was impressed by their ability to work fast and precise despite the size of the case and the amount of information.’

Key clients

BayWa AG

Kuratorium Wiener Pensionisten-Wohnhäuser

Autobank Aktiengesellschaft (Autobank Corporation)

Work highlights

  • Defending the beneficial owner of Novomatic AG in criminal proceedings over allegedly bribing members of the Austrian cabinet in order to receive gaming licenses in Austria, as well as over alleged tax evasion.
  • Defending the former CEO of Austria’s largest housing companies against accusations of embezzlement.
  • Together with BayWa AG’s group audit team, conducting an internal investigation into a major Austrian subsidiary for alleged fraud, breach of trust and tax evasion.

Austria > Commercial, corporate and M&A Tier 3

According to clients, BRANDL TALOS Attorneys at law distinguishes itself by working ‘in small and dedicated teams consisting of very experienced professionals’. It combines know-how in corporate law, capital markets, administrative and regulatory matters, and is particularly known for its work in the gaming sector. Roman Rericha also handles PE and VC transactions, and Thomas Talos has ‘exceptional skills’; together, they lead the practice. Markus Arzt is a key contact for venture capital funds for financings and exits.

Practice head(s):

Roman Rericha; Thomas Talos

Other key lawyers:

Markus Arzt; Stephan Strass


‘We are working with BRANDL TALOS for several years now and they still manage to impress us with the quality of their services, their reliability and the response times. Believe that when it comes to funding structuring, corporate and M&A, the team of BRANDL TALOS is outstanding both in terms of experience and value for money.’

‘Roman Rericha is our key point of contact – he is very experienced, always available and guides us not only through the legal but – even more important – also through the commercial issues of a transaction. I can – without any reservations – fully recommend this firm which I believe is one of the best in the Austrian market.’

‘Roman Rericha is very smart and has an incredible understanding of economic matters. He is available 24/7 and – without compromises – supports us in getting issues solved and transactions done. Further, I really appreciate Roman’s respectful negotiation style; this is particularly important in venture capital transactions as you are partnering with emerging companies for years.’

‘Markus Arzt is an exceptionally experienced M&A lawyer who regularly solves difficult situations excellently due to his calm negotiation style. Believe that he is one of the rising stars in the Austrian markets and may – without any reservations – recommend him as one of the outstanding market players.’

‘Thomas Talos is one of the most experienced and highly recognized M&A professionals in Austria. In case he takes on an engagement, he is extremely committed to achieving the best possible outcome – I am really impressed by him.’

‘Believe that the corporate/M&A team is one of the most underestimated teams in the market. What really differentiates them in relation to other M&A practices is that they are working in small and dedicated teams consisting of very experienced professionals – as a result, the transactions run very efficiently and smoothly. They always keep an eye on the (commercially) sensitive issues and do not get lost in unimportant details.’

‘Thomas Talos is one of the most experienced and outstanding M&A professionals in Austria. He is extremely smart and always available – working with Thomas is really a pleasure and I am impressed by his exceptional skills. He has an incredible understanding of the commercial relevant issues of a transaction and is always committed to go the extra mile to achieve the best possible results.

‘Roman Rericha is very active in the private equity/venture capital sector and is one of the most successful M&A professionals at the age of 40. Roman is extremely focused on the (commercially) relevant issues of a transaction and does not get lost in academic discussions. Roman is extremely reliable when push comes to shove during a transaction and was always available to support us when needed. Roman is a tough negotiator but always very respectful of the other side.’

Key clients


Ring International Holding AG/BOA Group

aws Fondsmanagement GmbH (AWS Mittelstandsfonds and AWS Gründerfonds)

Novalpina Capital

GVC Holdings PLC

Tipico Group Limited

APEX Ventures

Uniqa Ventures GmbH


Allcyte GmbH

Work highlights

  • Advised Ring International Holding AG on the acquisition of the Burger King franchise network in Norway, Sweden and Denmark as well as the master franchise rights for US-based fast food chain, Popeyes, in the UK.
  • Assisted Sportradar in the course of a landmark data license deal with the US National Hockey League.
  • Advised APEX Ventures on the structuring and registration of its Digital Health Fund as well as its Best in Class-Fund.

Austria > Banking and finance Tier 4

BRANDL TALOS Attorneys at law demonstrates particular strength advising Austrian banks and other financial sector players on a wide range of regulatory matters, including FMA proceedings and those involving white-collar crime elements. Associated partner Raphael Toman typically handles this type of work, which includes defending financial institutions before the courts and providing advice on securities law, cooperation agreements, payment services and capital markets-related issues. He jointly heads the practice with of counsel Ernst Brandl, who is rated for his expertise in arbitration, judicial and administrative proceedings.

Practice head(s):


‘Very experienced.’

‘Raphael Toman is very experienced in banking laws and regulations.’

‘A lot of experience and knowledge, especially in AML-law and banking regulatory law.’

‘Excellent communication skills, profound knowledge, a must have law firm as a bank.’

Key clients

UniCredit Bank Austria AG

card complete Service Bank AG

UNIQA Capital Markets GmbH

Schoellerbank Aktiengesellschaft

Liechtensteinische Landesbank (Österreich) AG

Kärntner Sparkasse AG


BNP Paribas SA

OVB Allfinanzvermittlungs GmbH

Work highlights

  • Representing a number of victims of the criminal actions committed by the bank’s representatives, following the collapse of Commerzialbank Mattersburg in July 2020,
  • Advised the blockchain interface company RIDDLE&CODE on registration proceedings before the FMA.

Austria > Dispute resolution: commercial litigation Tier 4

BRANDL TALOS Attorneys at law's client base includes banks alongside other financial services providers and insurance companies, who retain the team to assist with financial disputes, including class actions, while acting for gaming and betting operators constitutes another key element of the practice. Capabilities at the intersection with corporate and capital markets law alongside white-collar crime complement this offering. Christian Lenz heads the team and routinely handles disputes involving allegations of negligence.

Practice head(s):

Other key lawyers:


My collaboration with Brandl & Talos has already been going on for several years. These lawyers know and understand business as much as they do law, and act to address the economic, capital markets, tax as well as corporate aspects of the case.

It is rare to find this business understanding combined with a broad-reaching expertise in capital markets law, corporate law and criminal law, all at an equally high level.

The team is very hard-working and I was impressed by their ability to work fast and precise despite the size of the case and the amount of information.

My lawyer with Brandl & Talos is Christopher Schrank. He is a specialist criminal defence lawyer with a special focus on corporate and capital markets law. He has extensive experience in investor fraud cases and knows how to handle extremely large claims. For me, because of the extremely large economic and reputational value of this case, I needed someone like Christopher, with the right type of experience in investment, corporate law, fraud allegations and criminal defence. He is very precise and thorough and brings a wealth of experience that is worth every penny.

A very thorough service.

Key clients

Victims of the Commerzialbank Mattersburg im Burgenland AG

Work highlights

  • Representing a large number of victims following Commerzialbank Mattersburg Burgenland AG’s collapse in July 2020.

Brandl Talos ranks among the leading Austrian firms in the fields of capital markets, M&A, venture capital and start-ups, banking and finance, gaming and entertainment as well as white-collar crime. With its team of lawyers trained at leading US law and business schools and top international law firms, Brandl Talos has built an outstanding reputation in its areas of expertise. The firm has advised innovative start-ups from their first venture capital financing to successful IPOs, advised in large and complex international M&A transactions,
assists leading banks and financial service institutions as well as international gaming and betting operators on a regular basis and advises in complex white-collar criminal cases. Brandl Talos has a comprehensive client roster including major internationally listed companies and eight of the ten largest Austrian banks. Numerous international clients have made Brandl Talos acquire substantial experience and international exposure, which is particularly reflected in the firm’s growing track-record of high value, complex and innovative cross-border transactions.

Mariahilfer Straße 116, 1070
Tel: +43 1 522 5700 Fax: +43 1 522 5701

Gaming & Entertainment Nicholas Aquilina
Venture Capital & Start Ups | Corporate Law & Transactions Markus Arzt
Banking, Insurance and Securities Regulation Law Ernst Brandl
Litigation & Dispute resolution Christian Lenz
Venture Capital & Start Ups | Corporate Law & Transactions Roman Rericha
White-collar crime | Compliance & Internal Investigations Christopher Schrank
Gaming & Entertainment | Corporate Law & Transactions Thomas Talos
Number of lawyers : 25
International Masters of Gaming Law (IMGL)
Austrian Society for Bank Research
Contact :



In 2017, Dr Ernst Brandl, one of the founding partners of Brandl & Talos, began the “Honey4Charity” initiative. The honey is produced on Dr Brandl’s family farm which, since 2009, has dedicated itself to sustainable and bee-friendly honey production. Proceeds are donated to the House Immanuel which provides transitional housing for homeless domestic and foreign women and children. The firm covers the costs of sale, so all proceeds go directly to House Immanuel. The website may be found at:

Brandl & Talos Supports Neunerhaus

Roman Rericha, Partner at Brandl & Talos, and his team have been committed to Neunerhaus through voluntary legal advice, such as drafting contracts and general employment matters. Based in Vienna, this innovative social organization enables homeless and poverty-endangered people to lead a self-determined and decent life and provides much-needed medical care. The aim is to help those affected to help themselves in order to sustainably improve their life situation.

BTP – Nährboden

In 2016, partner Roman Rericha launched the start-up/Venture Capital program “BTP – Nährboden “. The program is an initiative by Brandl & Talos, pursuant to which start-ups are afforded the opportunity to take advantage of expert legal advice at discounted rates. The start-ups also gain access to the firm’s network of key players in the Austrian start-up industry as well as potential investors. The website may be found at:

General Pro Bono & Charitable Contributions

In addition to the aforementioned initiatives, Brandl & Talos also engages in regular pro-bono work and also contributes to the Special Olympics in Austria.

CLIENT: Principal at a Private Equity Firm

COMPANY/FIRM: A European Private Equity Firm

TESTIMONIAL: Brandl & Talos was our first choice due to the unique combination of transactional experience and in-depth expertise in the Gaming sector. We knew by reputation, and later saw on practice, a team that is able to work on a complex cross-border acquisition, stay on top of important regulatory matters across numerous jurisdictions, and provide competent advice on both AML/Compliance and Social Responsibility/Governance matters. They were also a reliable ally in obtaining bank funding. The team led by Thomas Talos combines boutique-level expertise in the Gaming sector with the competence and quality of an international corporate law firm.


CLIENT: Head of Compliance and Regulatory Affairs

COMPANY/FIRM: A Gaming Multinational

TESTIMONIAL: The firm’s display of in-depth knowledge of Austrian and European gaming law, the high level of skill and impeccably professional work results have us regularly coming back to Brandl & Talos in the matters, amongst others, of cross-border issues and obtaining licenses in regulated markets. Brandl & Talos are capable of combining their detailed understanding of gaming laws from various jurisdictions, including EU law, with a strong practical business sense.


CLIENT: Managing Partner

COMPANY/FIRM: A European VC Fund

TESTIMONIAL: BTP is a firm of many talents. We have been collaborating with Roman Rericha and his team for several years and on a range of projects. From the structuring of a new EuVECA VC fund, to corporate law support, from the fund FMA registration and AML compliance, to advice on new investments. Roman is all-around competent when it comes to financing rounds, with good contacts among the best and biggest international PE players, plenty of experience in the European startup scene, and knows the corporate and regulatory ins and outs of the deep-tech and innovative companies.


CLIENT: Chairman of the Supervisory Board

COMPANY/FIRM: Holding Company – Coatings and Industrial Elements

TESTIMONIAL: Brandl & Talos were our lead legal counsel in an international acquisition. The project targeted a large mechanical manufacturer with an extensive international network of subsidiaries, which we acquired during its insolvency proceedings. As such, the project concerned multiple cross-border legal issues, a complex network of jurisdictions, corporate, regulatory and financial matters – all of which the firm handled brilliantly, to the highest standard, with meticulous attention. We have been working with Thomas Talos, Roman Rericha and their team for many years and are as always pleased with the results.


CLIENT: Member of the Management Board


TESTIMONIAL: The firm’s ability to converge legal expertise in various fields such as banking, capital markets law and litigation together with a broad understanding of the market, as well as their quick and straightforward approach to problems makes this firm’s work exceptional. We particularly enjoy the high quality of Dr. Ernst Brandl’s legal advice and his team’s ability to provide a great result within a very short time, also under tight deadlines and pressure.


CLIENT: Individuals Accused of Trading Fraud

COMPANY/FIRM: A Trading Platform

TESTIMONIAL: My partners and I were falsely accused of fraud. Brandl & Talos were able to get us out of focus of the investigation and prove that we were not involved. What impressed me most of Dr. Schrank is his thorough knowledge and experience in every aspect of economic law. I think, his main strength is the combination of profound legal knowledge with excellent connections to the officials, attorneys, universities and other important sources, which enabled his team to get important information, which other lawyers wouldn’t get. I can describe the firm in short words: “Empathy and support in every aspect”.