Department profile
CERHA HEMPEL

Restructuring/Insolvency

Europe Guide 2026 : Austria


CERHA HEMPEL

Rankings

About

Provided by CERHA HEMPEL

Our Insolvency & Restructuring Practice continues serving a wide range of different industry sectors and a diverse client base in all aspects of in- and out-of-court insolvency and restructuring matters. 

Our advice is full-service based, and in addition fully integrated into our CEE network. This allows us to serve clients in Austria and the CEE region.

In recent years, we were especially able to build a solid reputation in all work related to the winding down and dissolutions of business operations in Austria.

Jointly with our highly skilled corporate, banking and our tax team, we are able to provide full-service advice to our clients.

Our key type of work and our key strength continues to be full service legal advice in respect of in- and out-of-court restructurings and the voluntary and involuntary winding-down of business operations.

We are usually engaged at an early stage by creditors, shareholders, management (of distressed companies), and also other service providers, such as tax and auditing firms, underlining our role as a trusted advisor in the field.

Besides, jointly with our banking team, we often advise in (financial) restructurings of any kinds, both in and out-of-court.

Our team also provides out-of-court advisory work for the key players in restructuring scenarios in a wider sense, most notably creditors & business partners of and investors interested in distressed companies (distressed M&A work).

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Austria

Band 4

Band 4


What the Team is Known For

CERHA HEMPEL is a reputable Austrian law firm that demonstrates involvement in high-profile insolvency proceedings, particularly in relation to the real estate sector. The department is complemented by its expertise in insolvency clawback claims and corporate restructurings, as well as directors' liability proceedings.

Strengths

Provided by Chambers

  • CERHA HEMPEL gives clear and strong advice. The lawyers are knowledgeable, practical and understand the international complexities of transactions.

    Restructuring/Insolvency respondentEurope
  • CERHA HEMPEL offers a team composed of skilled talents and very experienced partners who are always at our disposal.

    Restructuring/Insolvency respondentEurope

Notable Practitioners

Provided by Chambers

  • Band 4Thomas Trettnak
    Band 4Thomas Trettnak

    Thomas Trettnak

    Thomas Trettnak is sought after by prominent corporates for his expertise in distressed M&A, out-of-court debt collection and pre-insolvency restructurings. He also assists with the enforcement of claims and cross-border mandates.

    • Thomas Trettnak has provided excellent service throughout our case.

      Restructuring/Insolvency respondentEurope
    • Thomas Trettnak has very good knowledge of the market and handles a high volume of insolvency cases.

      Restructuring/Insolvency respondentEurope

Ranked Individuals at CERHA HEMPEL (1)

Austria

Members

Provided by CERHA HEMPEL

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