CERHA HEMPEL

Restructuring/Insolvency Department

Austria
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What the team is known for Best known for representing banks and business partners as creditors in insolvency cases, as well as advising on the banking aspects of insolvency proceedings and pre-insolvency debt collecting. Also active in the areas of distressed M&A and financial restructuring.

Strengths One client praises the firm's "very high-quality advice," adding: "I would highly recommend them for complex high-end business."

Another client highlights the team's international capabilities, stating: "Many of the questions we brought to the firm related to cross-border projects. Here, the firm's network in CEE should be praised."

Work highlights Advised AIDA Cruises on claims against NIKI relating to its insolvency proceedings.

Notable practitioners


Thomas Trettnak
heads the firm's restructuring and insolvency practice. He is mainly active on the creditor side, advising on creditor protection, distressed M&A and reorganisations. One client states: "The advice was to-the-point and he was reliable in his statements."