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Binder Grösswang

Binder Grösswang

Member of Interlaw

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Austria

2

Insolvency and corporate recovery

Gottfried Gassner is at the helm at Binder Grösswang, overseeing a restructuring and insolvency group that offers advice on the full spectrum of related matters and is particularly notable for its cross-border capabilities. Gassner’s diverse practice encompasses cross-border restructurings, joint ventures, distressed M&A and related corporate issues. Georg Wabl is recommended for his representation of creditors, advising on restructurings, reorganisations and distressed M&A as well as capital maintenance and avoidance issues.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘They are fully knowledgeable, pragmatic, and work easily with counterpart lawyers to deliver results. They rapidly understand our priorities.’
  • ‘They have broad and deep experience, there's a significant team size and they're very reachable.’
  • ‘The team has an open and collaborative working style. They have good expertise.’
  • ‘This is the go-to team in Austria for insolvency and corporate recovery issues.’
  • ‘Georg Wabl is the one I call for all my Austrian insolvency and corporate recovery topics.’
  • ‘Gottfried Gassner is a very smart, responsive and solution-oriented lawyer.’

Key clients

  • Erste Bank
  • MAGNA Entities
  • Seco Kühl & Ladenbau GmbH
  • Madison International Realty
  • Raiffeisenlandesbank Steiermark
  • Senior Lenders of SÜBA Group
  • Schur Flexibles Holding GesmbH
  • Alcentra Limited
  • Raiffeisenlandesbank Niederösterreich-Wien
  • Creditors and investors of the SIGNA Group
  • UniCredit Bank Austria
  • Kärntner Beteiligungsverwaltung

Work highlights

Advised major creditors and investors on SIGNA insolvency.
Advised MAGNA as a creditor on the insolvency of Fisker.
Advised a consortium of six senior banks on the  restructuring of SÜBA Group.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

Gottfried Gassner

Other key lawyers

Georg Wabl