JUVE, Magazin für Wirtschaftsjuristen in Österreich, März/April 2013
Eine führende Kanzlei im Bankrecht mit perfekter Kundenorientierung. Tatsächlich vermag es BG wie kaum eine zweite, Klienten zu akquirieren u. langfristig an sich zu binden. Die Kanzlei vereint Stärken, die den Unterschied ausmachen: hoch anerkannte Partner, ein sehr großes und breit aufgestelltes Team sowie ein praktisches Gespür für die Themen der Zeit. Mit der Beratung bei der ÖVAG-Neuaufstellung setzte BG Maßstäbe in punkto Bankenrestrukturierung in Österreich. Stärken: Breite Kompetenz bei Finanzierungen u. Kapitalmarktprospekten, enges Verhältnis zu österr. Regionalbanken; intensive Vernetzung mit den marktführenden Bank- u. Kapitalmarktkanzleien in London u. Frankfurt. Die Kanzlei ist im Bank- u. Bankaufsichtsrecht die Benchmark im österr. Markt.
JUVE, Magazin für Wirtschaftsjuristen in Österreich, Januar/Februar 2013
Die Kanzlei, die im Steuerrecht zu den empfohlenen gehört, verfügt ... über eines der größten Steuerteams im österreichischen Anwaltsmarkt. In punkto Internationalität und Bedeutung der Mandatschaft kann sich Binder Grösswang mit führenden Wettbewerbern messen – nicht zuletzt aufgrund ihrer Stärke im Gesellschaftsrecht und der herausragenden Vernetzung mit vielen internationalen Top-Kanzleien... Im Unternehmenssteuerrecht und der bankennahen Beratung bestand an der Qualität ohnehin kein Zweifel mehr.
IFLR Edition 2013 on Banking and Finance
In line with the firm's reputation as one the leading banking practices in Austria, it was active on a handful of deals exceeding the €1 billion mark, which have been scarce in Austria in the aftermath of the financial crisis. The firm has demonstrated the broad capabilities of its banking practice advising on a variety of transactions from acquisition finance, to regulatory matters and syndicated loans... One of the most challenging roles for the firm has been the restructuring of Volksbanken.
IFLR Edition 2013 on Corporate M&A
They brought the transaction together very well. They were very helpful – rather than just legal advice they helped us with the transactions structure, the management presentations. Everything was well organised; they were always available even if they were travelling. In the negotiations they had the right balance between being tough and reaching an agreement.
JUVE. Magazin für Wirtschaftsjuristen, September/Oktober 2012
Eine im Gesellschaftsrecht/M&A führende Kanzlei.
BG genießt eine wachsende Reputation als eine der Spitzenadressen… Punkten kann BG mit einer vergleichsweise ausgeprägten Branchenspezialisierung.
Stärken: Dynamische Partnerschaft. Starker Österreich-Fokus in der Mandantschaft, traditionelle Verankerung bei Energieversorgern u. Banken.
Chambers Europe 2012 on Banking and Finance
Close partner attention and exceptional client care set this firm apart ... The combination of banking and tax capabilities is another big draw. The team acts for large international and Austrian banks, as well as borrowers, offering a wide array of expertise - from acquisition, real estate and project finance to structured finance, syndicated lending and regulatory advice. It has been busy with a mix of restructuring and banking work, including fresh-money deals ... International law firms often choose the firm as local counsel on cross-border transactions.
Sources say: "The firm is highly client-oriented. I'd pick them again." "They're well connected to international law firms."
Chambers Europe 2012 on Capital Markets
This firm has been busy with debt capital markets work involving both corporate and bank bonds. The team has strong ties to issuers, and is particularly valued for its expertise on the domestic market. It often acts alongside international firms on cross-border deals.
Chambers Europe 2012 on Competition/European Law
Sources note this team's innovative streak, strong foothold in the domestic market and strength in litigation. ... Besides running a busy merger control practice, it advises on antitrust proceedings and abuse of market dominance cases.
Sources say: "It was a smooth and easy co-operation." "The perfect partner for merger control work."
Chambers Europe 2012 on Corporate M&A
This team's strong reputation for corporate M&A earns it instructions from prestigious clients ... The group often teams up with foreign firms to act on international transactions, The firm's efficient structure is a distinct advantage, clients note, as it ensures close partner attention and helps to keep costs down.
Sources say: "The advice is pragmatic and always well researched."
Chambers Europe 2012 on Dispute Resolution
The team at Binder Grösswang handles complex cases for clients from a range of industries, including the public and banking sectors. It has been particularly busy with disputes arising from the financial crisis. Other work has included insurance, IT and product liability disputes. On the arbitration side, it has recently acted for clients from the energy and construction industries.
Sources say: "They make me feel like a customer worth fighting for."
Chambers Europe 2012 on Employment
This team has sound international experience and a strong corporate track record, and is much in demand with multinational clients ... It is as adept at tackling employment issues arising out of M&A and restructurings as it is giving day-to-day advice. Clients particularly commend the team's precision and know-how on due diligence reviews.
Chambers Europe 2012 on General Business Law Expertise - South Eastern Europe
With over ten years of experience in the region and an excellent reputation in the Austrian market, it is a good choice for domestic and international clients doing business in SEE and CEE. The team has been particularly active in litigation and arbitration of late.
Sources say: "The law firms they used were very professional and worked well in conjunction with Binder."
Chambers Europe 2012 on Intellectual Property
The firm represents the latter in trade mark infringements, the most recent of which involved an attack on its 3D trade mark. ... Other areas of expertise include licensing, patents and design rights. Clients come from the cosmetics, pharmaceutical, food, telecoms and entertainment industries.
Chambers Europe 2012 on Public Procurement
Clients appreciate this firm's international outlook and experience, and praise the team's responsiveness and proactivity. With offices in Vienna and Innsbruck, it represents bidders and contracting authorities in all stages of the procurement process. Typical work includes drafting and analysis of tender documents, and establishing the obligations of contracting authorities. The team also advises on cross-border procurement matters.
Chambers Europe 2012 on Real Estate
This compact team remains busy with real estate work, assisting a variety of clients with all their property matters. Its strength is on the transactional side. ... As well as handling portfolio and M&A transactions the team covers construction matters, due diligence and tenancy issues.
Chambers Europe 2012 on Restructuring/Insolvency
Best known for representing creditors, this team leaves clients impressed with its timely and succinct advice. The lawyers often advise investors on distressed scenarios, as well as occasionally assisting borrowers.
Sources say: "The work was concise, clear and practical."
Chambers Europe 2012 on Tax
Binder Grösswang's tax team remains much in demand. ... To add to its established corporate client roster, the team is attracting a growing number of private clients. The group's expertise includes tax structuring, redomiciliations, investment funds, capital markets products, and private trusts and succession.
Chambers Europe 2012 on TMT
The TMT practitioners at this firm are drawn from various departments, offering advice that is tailored to each transaction. The group's telecoms and IT work is particularly renowned, with telecoms litigation and arbitration making up a sizeable portion of the work.
The Legal 500 2012 on Banking and finance
Binder Grösswang Rechtsanwälte has an excellent record of advising lenders on complex financing matters and experience advising multinational banks. … Stefan Tiefenthaler and Michael Binder lead the team.
The Legal 500 2012 on Capital markets
Binder Grösswang Rechtsanwälte is competitively priced and usefully has ‘inroads to the FMA and the Vienna Stock Exchange, smoothing the process and helping to avoid misunderstandings before they arise’. The team advised on Lenzig’s €619m ‘re-IPO’ equity issuance. The team also advised a wide range of Austrian banks on corporate bond issuances. Florian Khol has ‘an incredible ability to keep calm even in tense situations’. Michael Binder is recommended for equity work, and Tibor Fabian is strong on derivatives and debt work.
The Legal 500 2012 on Corporate and M&A
Binder Grösswang Rechtsanwälte is ‘proactive, pragmatic, flexible, and at the same time has high attention to detail’…. Michael Kutschera is ‘an outstanding lawyer with excellent economic understanding’.
The Legal 500 2012 on Central and Eastern Europe
Binder Grösswang Rechtsanwälte operates a best-friends alliance across the region. … Thomas Schirmer is ‘a big help in transactions; his diligence, negotiation skills and oversight are important factors’.
The Legal 500 2012 on Dispute resolution
Binder Grösswang Rechtsanwälte has a good record representing financial institutions in litigation and arbitration. … Christian Klausegger is ‘very well versed in tactics and has a good feeling for the aspects to be considered’. Michael Kutschera ‘always knows exactly knows which solution will work’.
The Legal 500 2012 on EU and competition
Binder Grösswang Rechtsanwälte advised City of Vienna and Immofinanz as well as several other bodies in the first major private enforcement proceedings relating to damages from the escalator and elevator cartel case. … Raoul Hoffer heads the practice, which has also been busy with leniency cases. Johannes Barbist is ‘incredibly responsive, has deep knowledge of the substantive and procedural law, and gives highly pragmatic advice’.
The Legal 500 2012 on IT and telecommunications
The Legal 500 2012 on Insolvency and corporate recovery
The Legal 500 2012 on Public procurement
Binder Grösswang Rechtsanwälte recently advised an international service provider on a tender to provide security services at airports, and is experienced in representing financial services clients. Raoul Hoffer leads the team, which also features Johannes Barbist, who ‘finds solutions to problems that work within tight timeframes’.
The Legal 500 2012 on Real estate and construction
The Legal 500 2012 on Tax
Binder Grösswang Rechtsanwälte’s team is ‘energetic and reliable’, and outstandingly responsive. … Practice co-heads Christian Wimpissinger and Andreas Hable are ‘excellent tax experts and professionals’.
IFLR 1000, Edition 2012, on Capital Markets
Binder Grösswang's capital markets team … had a strong year.
IFLR, Edition 2012, on Banking
There is no doubt in the market that Binder Grösswang deserves its place in the top tier. The banking practice is highly regarded among peers. They are one of the only firms in Austria that has banking regulatory know-how.
IFLR, Edition 2012, on Mergers and acquisitions
Binder Grösswang's M&A team … have broad range of experience and they are technically competent.
The Legal 500 2011 on Corporate/M&A
Clients of Binder Grösswang Rechtsanwälte are ‘impressed by the high quality and efficiency of its work’ and ‘hands-on approach’. Michael Kutschera heads the team, and has ‘good negotiation skills’; Andreas Hable is ‘very sound in company law’; and Thomas Schirmer and Florian Khol are also highly rated.
The Legal 500 2011 on Banking and Finance
Binder Grösswang Rechtsanwälte is a force to be reckoned with and has developed a particularly good name in real estate financing. The team is led by the eminent Stefan Tiefenthaler and Michael Binder, and features Emanuel Welten.
The Legal 500 2011 on Capital Markets
Clients say that working with the team is ‘successful, fruitful and stress free’. Florian Khol and Michael Binder are recommended for their equity expertise, while Tibor Fabian is strong on derivatives and debt work.
The Legal 500 2011 on EU and Competition
Binder Grösswang Rechtsanwälte continues to attract some complex mandates particularly on the antitrust side. Standout transactions included advising UniCredit Bank Austria in competition law proceedings against Erste Bank before the Austrian cartel court. Raoul Hoffer heads the team, which features Johannes Barbist (‘quick, interested in practical solutions, industry orientated and great to work with’).
The Legal 500 2011 on Public Procurement
Binder Grösswang Rechtsanwälte is rated for its work representing bidders particularly in the financial services sector. Raoul Hoffer leads the team and ‘drives the process in a polite and quiet manner, taking into regard different political trends’.
The Legal 500 2011 on Tax
Andreas Hable leads the team at Binder Grösswang Rechtsanwälte, which advised AXA Investment Managers on the tax implications of the implementation of a new share plan in Austria. Christian Wimpissinger is ‘very responsive and reacts quickly to requests’.
IFLR 1000, Edition 2011, on Banking
Binder Grösswang's depth of talent keeps it performing at the top level. Senior partner Michael Binder is rated highly for his regulatory work, Tibor Fabian is known for property finance and Emanuel Welten is one of the field's most promising talents. "He's a rising star," says one competitor. "He's good at structured finance and is on top of market conditions."
Client feedback is good with one giving the following reference: "Perfect customer orientation, always on stand-by seven days a week, excellent personal integrity, highly professional in all areas, and they anticipate our needs and business."
IFLR 1000, Edition 2011, on Mergers & Acquisitions
Clients say Binder Grösswang is pragmatic, efficient, and down-to-earth. Competitors simply say it has good lawyers. Michael Kutschera is described as "clearly the M&A guy here" by a peer who also says Thomas Schirmer is the firm's rainmaker.
Legal 500, Edition 2010, on Banking & Finance
Binder Grösswang Rechtsanwälte’s banking and finance team is a force to be reckoned with, led by the eminent Stefan Tiefenthaler and Michael Binder, and featuring Emanuel Welten. Clients say that ‘based on the ability of the team and its dedication, it definitely ranks among some of the elite firms in this practice area’.
Legal 500, Edition 2010, on Capital Markets
Florian Khol and Michael Binder are rated for equity expertise, while Tibor Fabian is strong on derivatives and the debt side. ‘The level of service is very good as regards quality, timeliness and business and industry knowledge’ say clients.
Legal 500, Edition 2010, on Central and Eastern Europe
‘We believe that Binder Grösswang Rechtsanwälte is one of the best law firms that we have ever worked with, in Austria and beyond’, say clients.
Legal 500, Edition 2010, on Corporate and M&A
Binder Grösswang Rechtsanwälte’s corporate department is increasingly strong, and attracts some enviable clients, including a number of sovereign wealth funds. Clients say the firm provides an ‘intelligent, balanced, excellent level of service’, with Michael Kutschera, Thomas Schirmer and Florian Khol all rated.
Legal 500, Edition 2010, on Dispute Resolution
Binder Grösswang Rechtsanwälte is the go-to firm for clients in the financial sector, and the group, led by Christian Klausegger and Michael Kutschera, handles a significant amount of banking-related disputes. Clients say the firm is ‘of the highest professional standards. The level of service is first class in all respects’.
Legal 500, Edition 2010, on Employment
Binder Grösswang Rechtsanwälte’s employment team provides advice for some big names in Austria, such as Starbucks and Estée Lauder Cosmetics. ‘excellent, very professional team’.
Legal 500, Edition 2010, on Tax
Sovereign wealth funds have featured much more prominently in the firm’s client base in 2009. The team is ‘experienced, responsive, and one of the best around for international tax work’ say clients.
Chambers Europe 2010 on Employment
International focus, coupled with the firm’s cross-border expertise, has earned the department a wide range of global clients. They describe the team as “quick to provide answers, with clear risk analysis and practical advice.” Horst Lukanec is praised for his “proactive approach and ability to foresee problems before they arise.” Junior partner Angelika Pallwein-Prettner has an international background and a “very creative and precise approach to problem solving.”
Chambers Europe 2010 on General Business Law Expertise - South Eastern Europe
Described as “real experts in corporate M&A,” the lawyers have attracted an international client base. Clients champion the firm’s “solution-oriented and practical approach to problem solving.” Thomas Schirmer remains a key figure at the firm and is described as “hard-working, collaborative and completely devoted to the case.” Florian Khol is also recognised by sources for his “profound legal knowledge and presence in the region.”
Chambers Europe 2010 on IP
Binder Grösswang is described by peers as having a “well-respected practice and broad experience.” Leading the department is Ivo Rungg, a specialist in unfair competition and trade marks. He is described by peers as “an excellent lawyer; when it comes to a practical solution you can count on him.”
Chambers Europe 2010 on Real Estate
Austrian powerhouse Binder Grösswang has remained a key player in the real estate market. The firm is seen to be developing its real estate practice, which is described by peers as “simply excellent.” Tibor Fabian is a major player at the firm who is renowned for his “strength in the banking and financing aspects of real estate.”
Chambers Europe 2010 on Tax
Andreas Hable was a key figure in ensuring the success of the deal and has recently focused on developing beneficial tax structures for Middle Eastern clients. He is respected by peers for his “excellence in international taxation.” Christian Wimpissinger is also “well known on the market.”
Chambers Europe 2010 on TMT
This Austrian outfit has earned a solid reputation in both the telecoms and IT markets. Commentators remark that the firm remains “strong and present in both areas.” Standout practitioner Christian Klausegger has significant experience in both the IT and telecoms fields. Sources note that he “has one of the strongest technical backgrounds and the legal competence to excel in complex issues.” Klausegger is particularly sought after for his courtroom experience.
Chambers Europe 2010 on Competition
Binder Grösswang’s competition practice has had a very successful year. Seen as having an exemplary contentious practice, the group has an “efficient and down-to-earth approach. It doesn't overcomplicate matters and always gives clear answers.” Raoul Hoffer is head of the competition department and a very visible figure in private enforcement. Clients highlight his meticulous analytical approach, and his “strong yet eloquent court presence.” Partner Johannes Barbist is based in Innsbruck and is seen as having a real strength in litigation, acting on many key cases.
Chambers Global 2010 on Banking & Finance (=Chambers Europe)
“One of the top finance teams in Austria.”
Michael Binder …a “superb senior adviser with a great strategic overview of things.” Leading transactional lawyer Stefan Tiefenthaler has a varied practice that covers real estate and acquisition finance, as well as syndicated lending and structured finance. Tibor Fabian's … has “tremendous experience in the industry” through his banker’s background.
Chambers Global 2010 on Corporate/M&A (=Chambers Europe)
“Binder is a fine firm and is always up to the job on big transactions.” “Lawyers are deal makers and drive us towards the goal without getting stuck on unimportant details.”
The strength of this practice is based on the quality of its work on significant deals, as well as the high standard of service it provides to clients.
Thomas Schirmer has a wide-ranging private equity and M&A practice. Clients rate him highly: “He has a great economic understanding and is a very effective communicator, as well as being available, responsive and a pleasure to work with.” Michael Kutschera …is “an outstanding lawyer – pragmatic, experienced and always focused on getting the deal through.”
Chambers Global 2010 on Dispute Resolution (=Chambers Europe)
This firm is known in the market for its strategic understanding and analysis of complex disputes and ability to utilise its experience and knowledge to bring about successful outcomes for clients.
Christian Klausegger is the firm’s top litigator and more broadly a leading player in the market. “He provides practical advice which marries the legal and business aspects of a case.” The firm’s arbitration practice also garners much praise. Arbitration expert Michael Kutschera … “is diplomatic and can bring parties together by looking out for the most balanced position," say sources.