Banking & Finance
Europe Guide 2024 : Austria
Band 1
Email address
[email protected]Contact number
+43 1 534 37 0About
Provided by Schoenherr
Schoenherr advises on all relevant product groups of finance work, including origination (bilateral and syndicated, recourse and non-recourse as well as secured and unsecured loan transactions), refinancing transactions, debt restructuring, performing and distressed bank assets (including trading and servicing), regulatory capital issuances, funds, structured finance, derivatives and securitisations.
Its focus areas cover acquisition, project and asset finance as well as green and ESG-linked finance products, and its lawyers act for major international and regional banks, direct lenders, other financial institutions (insurance companies, funds and asset managers), corporates (issuers, borrowers and sponsors), sovereigns and quasi-sovereigns.
The banking and financial services industry is subject to increasingly complex regulation. Schoenherr advises on the full spectrum of regulatory aspects, including compliance, risk management, enforcement and transactions in the financial services industry.
The dedicated cross-disciplinary and cross-office teams combine expertise in non-contentious as well as contentious regulatory matters, advising domestic and international credit institutions, investment firms, asset managers, payment firms, fintechs, insurance companies as well as market infrastructure providers and trading platforms on all aspects of their business.
Chambers Review
The highly reputable law firm Schoenherr remains widely respected for its market-leading banking and finance expertise. The team frequently advises on ESG-linked revolving credit facility agreements and unsecured notes, as well as real estate financing. Additionally, the firm assists with asset-backed, debt, project and acquisition finance. Its strong offering is complemented by Schoenherr's comprehensive coverage of all regulatory issues pertaining to the banking and finance industry. The firm is highly visible in the Austrian market, but equally handles cross-border mandates, especially those across the CEE region, often advising well-known banks and corporates.
Work Highlights
- Schoenherr advised Mayr-Melnhof Holz Holding on a EUR255 million term loan facility and revolving facility agreement granted by a syndicate of both national and international lenders.
Strengths
Provided by Chambers
"The teams are set up wisely so that there is always enough expertise and manpower."
"Schoenherr's advice is not just theoretical but also takes into account business considerations."
"The team's responsiveness is extremely high. Attorneys are always extremely fast to thoroughly follow up with any queries."
"Much of the work we do with Schoenherr has an international angle and the firm is really strong at setting up a cross-border team that seamlessly interacts."
"The banking and finance team has a profound knowledge of the Austrian regulatory framework."
"The teams are set up wisely so that there is always enough expertise and manpower."
"Schoenherr's advice is not just theoretical but also takes into account business considerations."
"The team's responsiveness is extremely high. Attorneys are always extremely fast to thoroughly follow up with any queries."
"Much of the work we do with Schoenherr has an international angle and the firm is really strong at setting up a cross-border team that seamlessly interacts."
"The banking and finance team has a profound knowledge of the Austrian regulatory framework."
Notable Practitioners
Martin Ebner impresses for his breadth of expertise in banking and finance, both in Austria and abroad, covering corporate, acquisition and project financing, advising on the borrower and lender side. Additionally, he assists with real estate finance transactions and regulatory issues.
"Martin is extremely clever and solution-oriented. We felt very secure in his care."
"He is supportive and has a broad knowledge with quick understanding of matters that are important for his clients."
"Martin has a great overview on topics, even specialised and niche topics. He is up to date with developments in the area."
"He is really good at client care and project management. He excels at driving the transaction to completion and coordinating amongst stakeholders."
"Martin is responsive and solution-oriented, with broad experience when it comes to banking."
Reputable practitioner Peter Feyl is held in high esteem for advice on regulatory issues in the banking sector. Beyond that, he is noted for his role in a range of financing transactions including acquisition financing and debt finance, with experience of both domestic and cross-border transactions.
"Peter Feyl is very customer-focused and helpful, and he proposes solutions which are tangible and bring the case forward."
"Peter is technically very good."
Matthias Pressler has expertise in a range of regulatory matters including restructurings and enforcements, alongside a strong focus on regulatory questions around payment services and crypto assets.
"It's been a delight to work with Matthias. He is extremely knowledgeable, thorough and responsive."
"He has a hands-on mentality and wants to know what the goal of the customer is and then he finds a way to get there."
"Matthias Pressler's regulatory expertise stands out from his peer group."
"He is a highly talented young lawyer. I would describe him as a rising star."
Laurenz Schwitzer enters the ranking on the back of excellent market recognition. He handles cross-border real estate financings, with a focus on the hospitality sector. He also has expertise in asset finance.
"Laurenz is the next-generation financing partner."
"He has always been very hard-working."
Ranked Lawyers at
Schoenherr
Austria
Members
Provided by Schoenherr
Laurenz Schwitzer
Head of Department
Matthias Pressler
Clients
Provided by Schoenherr
ABBAG Abbaugesellschaft des Bundes
Deutsche Bank AG
Erste Group Bank AG
European Investment Bank
European Investment Fund
HETA Asset Resolution AG
ISDA
RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG
Raiffeisen Bank International AG
UNIQA Insurance Group AG
UniCredit Bank Austria AG
Industries
Provided by Schoenherr
Aerospace & Defence
Automobiles & Parts
Construction & Materials
Energy
Financial Services
Government
Industrial Engineering
Insurance
Real Estate
Real Estate Finance
Transportation