
Schoenherr (Schönherr Rechtsanwälte) houses a strong team of restructuring and insolvency experts well-placed to handle the full spectrum of insolvency matters as well as restructurings, distressed acquisitions and enforcement proceedings. Miriam Simsa spearheads the practice and has a particular focus on substantial out-of-court restructurings, and also advises on distressed sales and refinancings. Michael Magerl counts high-profile corporations and an array of banks in Upper Austria among his clients; he excels in restructuring matters and distressed M&A transactions.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Michael Magerl is very quick and responsive and great to work with.'
- 'The Schönherr team is our go to firm for Austrian legal matters.'
- 'The team is highly competent, both from a legal and commercial perspective, is very responsive, is able to explain Austrian law specifics efficiently and is familiar with the market and client needs. Also the team members are very pleasant to work with.'
- 'They are great to work with.'
Key clients
- Ara AG
- Arkeon
- Austrian Anadi Bank AG
- Bank für Tirol und Vorarlberg AG
- Fisker GmbH
- Oberbank AG
- Raiffeisenlandesbank Oberösterreich AG
- Raiffeisenbank International AG
- RFR Group
- Schwarzmueller Group
- Tupperware
- UniCredit Bank AG
- UniCredit Bank Austria AG
- Všeobecná úverová banka, a.s.
Work highlights
Advised Fisker GmbH through insolvency proceedings, implementing the largest restructuring plan by debt volume to date.
Advised Tupperware Österreich GmbH in connection with its ongoing bankruptcy proceedings.
Advised RFR in negotiations with the insolvency administrator of Signa Holding on the sale of the joint venture owning Chrysler Building.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head
Miriam Simsa
Other key lawyers
Michael Magerl
