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BINDER GRÖSSWANG Rechtsanwälte GmbH

Restructuring/Insolvency

Europe Guide 2026 : Austria

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BINDER GRÖSSWANG Rechtsanwälte GmbH

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About

Provided by BINDER GRÖSSWANG Rechtsanwälte GmbH

Binder Grösswang comprehensively advises clients in all areas of insolvency law and in the case of restructurings and reorganisations. We advise investors, banks and companies facing business partners that are in a financial crisis as well as companies that are in financial difficulties. The scope of our services is supplemented by a focus on refinancing. In insolvency-related questions arising in transactions, our experts work closely with the transaction teams of Binder Grösswang.

FOCUS

Advising creditors and companies (and their shareholders or executive bodies) on out-of-court restructurings and in insolvency proceedings, representation of creditors and protection of creditor positions in insolvency situations as well as advice on the granting and enforcing of securities, cross-border insolvencies, issues relating to capital maintenance, (vicarious) liability and rescission, reorganisations and refinancing, acquisition of non-performing loans, acquisition of assets or businesses from an insolvent estate or from sellers in financial difficulties (distressed M&A).

Clients (8)

  • Volksbank Wien
  • Ad Hoc Group including Commerzbank AG and others
  • Landesbank Baden-Württemberg
  • Wietersdorfer group
  • Vorarlberger Landes- und Hypothekenbank
  • Lenzing AG
  • Leading international engineering group
  • Several German banks

Industries (8)

  • Banks
  • Financial Services
  • Commercial & Professional Services
  • Consumer Product Manufacturing
  • Automobiles & Parts
  • Industrial Engineering
  • Software & Computer Services
  • Food & Drink Producers

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Austria

Band 1

What the Team is Known For

BINDER GRÖSSWANG is home to a highly reputed team, advising well-known clients on a variety of restructuring and insolvency issues. The law firm enjoys a particularly strong standing among creditors as well as international debtors for its strength in complex and large cross-border mandates. Key areas of expertise include company insolvencies, debt and financial restructurings and distressed M&A. Furthermore, clients benefit from the law firm's prowess in handling large refinancings. In addition, BINDER GRÖSSWANG often represents clients in insolvency-related litigation, making it a strong choice for diverse and comprehensive mandates. As well as acting for international banks and investors, the law firm also acts for corporates from the manufacturing and energy sectors.

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Strengths

Provided by Chambers

  • We value BINDER GRÖSSWANG's speed of response and clear advice, as well as the fact that the team is easy to deal with.

    Restructuring/Insolvency respondentEurope

  • BINDER GRÖSSWANG's lawyers are very precise and professional. They offer quick feedback and extensive availability.

    Restructuring/Insolvency respondentEurope

Notable Practitioners

Provided by Chambers

  • Gottfried Gassner
    Gottfried Gassner

    Gottfried Gassner

    Gottfried Gassner is sought after by international debtors and creditors for his impressive handling of complex corporate and financial restructurings, distressed M&A and insolvency-related litigation.

    • Gottfried Gassner is highly responsive and provides a good holistic view.

      Restructuring/Insolvency respondentEurope

    • Gottfried Gassner is an excellent lawyer who manages the case from the start and makes sure that the service gets delivered.

      Restructuring/Insolvency respondentEurope
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  • Georg Wabl
    Georg Wabl

    Georg Wabl

    Georg Wabl is involved in some of the market's most high-profile insolvencies. He is often sought after for assistance with cross-border restructuring, distressed M&A and insolvency matters.

    • Georg Wabl is an excellent lawyer to work with. He speaks with authority and senses the details.

      Restructuring/Insolvency respondentEurope

    • Georg Wabl is our first contact when it comes to Austrian insolvency law.

      Restructuring/Insolvency respondentEurope
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Ranked Individuals at BINDER GRÖSSWANG Rechtsanwälte GmbH (2)

Austria

Members

Provided by BINDER GRÖSSWANG Rechtsanwälte GmbH

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