Comparative Guide
Class Actions
Austria
Christian Lenz & Patrick Mittlböck
BRANDL TALOS Rechtsanwält:innen GmbH is most notable for its representation of clients in FMA proceedings and also boasts expertise in Austrian and EU regulations, as well as matters relating to crypto-currencies and innovative payment models. Ernst Brandl is an experienced litigator and also offers advice on entering the Austrian market and obtaining FMA licences. Brandl leads the team alongside regulatory expert Raphael Toman, who routinely represents financial institutions in both civil and regulatory proceedings.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Raphael Toman has exceptional knowledge of the legal framework, in particular regulatory, and the latest developments like crypto. He knows what commercial factors to take into account into his legal analysis and how to combine it with the right amount of pragmatism.’
Key clients
- Raiffeisenverband Salzburg eGen
- Raiffeisenbank International AG
- UniCredit Bank Austria AG
- card complete Service Bank AG
- Schoellerbank Aktiengesellschaft
- Liechtensteinische Landesbank (Österreich) AG
- Kärntner Sparkasse AG
- BNP Paribas SA/BNP Paribas Factor GmbH
- N26 GmbH
- Oberbank AG
Work highlights
Represented a number of banks in mass and class litigation regarding the validity of arrangement fees.
Advised an international banking group related to its claims in an insolvency of one of largest real estate groups in Europe.
Represented a bank in a wide array of regulatory proceedings regarding, inter alia, the dismissal of the board, AML issues and the fee structure.
Practice head
Ernst Brandl; Raphael Toman