The Legal 500: Top ratings for Binder Grösswang
In the most recent issue of “The Legal 500 Europe, Middle East and Africa 2019”, BINDER GRÖSSWANG has again received excellent ratings. The new edition of the guide recommends 21 partners of the law firm as well as one counsel as leading experts.
In particular, “The Legal 500 EMEA”, an international client’s guide to law firms, highlights BINDER GRÖSSWANG expertise in a total of 17 fields. In Banking and Finance, Capital Markets as well as Dispute Resolution - Commercial Litigation the law firm maintained its top ranks.
“Each ranking reflects the recognition we receive for our performance and confirms our position among Austria’s top-rated lawyers”, says Managing Partner Michael Kutschera, who is delighted with the positive outcome.
Stefan Tiefenthaler (Banking and Finance), Christian Klausegger (Dispute Resolution), Raoul Hoffer (EU and Competition), Gottfried Gassner (Insolvency and Corporate Recovery) and Christian Wimpissinger (Tax) are listed as such in the “Leading Lawyers” category.
As for the "Next Generation Lawyers" category, this list of leading lawyers includes Stefan Albiez in the field of Dispute Resolution - Commercial Litigation, Christine Dietz in EU and Competition Law and Angelika Pallwein-Prettner in Employment Law.
Every year, The Legal 500 Europe, Middle East & Africa rates law firms in 85 countries. Results are based on extensive research.
Here are some quotes from the recent issue:
Banking and Finance
Commended for its 'wide-ranging expertise' and its ability 'to handle even the most complex matters', Binder Grösswang routinely provides financial institutions and corporates with advice on acquisition, real estate and project finance alongside restructuring-related finance issues and regulatory matters. Together with its corporate practice, Stefan Tiefenthaler assisted Emirates NBD Bank with the acquisition of 99.85% of the shares in the Turkish DenizBank and its Austrian subsidiary from Sberbank of Russia. In project finance, he advised Landesbank Hessen-Thüringen Girozentrale (Helaba) and Hypo Vorarlberg Bank on financing the upgrade of the Althan Quartier in Vienna, while Emanuel Welten acted for UniCredit Bank Austria on the financing of the construction of The Student Hotel in Vienna. Other key individuals include Tibor Fabian, Stephan Heckenthaler and the 'very experienced' Michael Binder.
Binder Grösswang is particularly active in advising financial institutions and companies on bond issuance programmes and capital increases while also representing them in approval procedures before the Austrian Financial Market Authority (FMA) and providing assistance with compliance issues. In a recent highlight, Florian Khol advised BKS Bank on a capital increase including a public offer in Austria, that included assisting with the prospectus preparation, approval procedures before the FMA and the registration with the Austrian Commercial Register. Together with Tibor Fabian, he also assists several housing banks with housing bonds issuance programmes. Michael Binder and Stephan Heckenthaler are other names to note.
Praised for its 'great handling of difficult situations', Binder Grösswang's sizeable, 'highly motivated, pragmatic and reliable' team has a fine reputation for representing financial institutions in proceedings against investors; it is defending Erste Bank Group against class actions and mass claims brought by investors pertaining to the insolvency of Alpine Group. Other key areas of expertise include commercial and IT-related disputes alongside private enforcement proceedings, while team head Christian Klausegger has been handling an increasing number of insurance coverage disputes for insured entities and insurers. Stefan Albiez stands out for his 'broad and in-depth knowledge' and 'fantastic problem-solving skills'.