DORDA, Restructuring/Insolvency | Chambers Europe Profile

About

Provided by DORDA

DORDA offers comprehensive crisis and insolvency management advice so that, as either a creditor or debtor, clients can promptly identify and duly address financial risks in fast-changing, unstable markets or in their particular business. DORDA provides clear advice on all aspects of refinancing, reorganization, restructuring in or out of court and maintaining a going concern. We help clients acquire businesses before or after they are declared bankrupt. Our legal team has the tried and tested theoretical and practical expertise needed to provide reliable support during a restructuring process and can call on specialists in financing, M&A and capital market, labour and competition law as and when needed to manage every single business challenge.

Financial Restructuring
Enforcement and recovery of receivables and collateral before and during insolvency proceedings
Challenge proceedings
Recovery of receivables, collateral and guarantees
Representation of debtors in bankruptcy proceedings
Out-of-court settlements
Advice on insolvency and restructuring of banks under the Austrian Federal Act on the Resolution and Restructuring of Banks (Bundesgesetz über die Abwicklung und Sanierung von Banken)
Acquisition of businesses prior to bankruptcy or from the estate in bankruptcy
Business reorganization

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Austria

Band 2

What the Team is Known For

The Austrian law firm DORDA houses a highly regarded practice group which often acts on large restructuring mandates. The team is regularly sought after by creditors, investors and insurers for its strength in cross-border mandates, whereby DORDA closely cooperates with leading international law firms. Large out-of-court debt and financial restructurings as well as distressed M&A transactions are frequently handled by the team. Besides its strength in advising creditors, the firm is also sought after by debtors from the retail and manufacturing sectors. Furthermore, the firm's expertise encompasses contentious matters and novelty issues such as prospectus insurance coverage in insolvency cases. With its experience in insolvency proceedings, DORDA complements its strong offering.

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Notable Practitioners

Provided by Chambers

Felix Hörlsberger

Head of Restructuring/Insolvency

Band 3

Felix Hörlsberger often advises insurers on the restructuring and insolvency of corporates across Austria and beyond, while also assisting debtors and lenders with financial restructurings and insolvency proceedings.

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