Directories
Banking & Finance

Legal 500 - Banking & Finance (Tier 2)

CHSH Cerha Hempel Spiegelfeld Hlawati represents lenders and borrowers in financing transactions and is experienced in regulatory and compliance work. Volker Glas continues to advise Sberbank Europe on various financing matters, including a guarantee facility agreement and a loan portfolio transfer from Sberbank Hungary to Sberbank Europe, while Thomas Zivny advised Erste Group Bank on matters arising from the refinancing of Immofinanz’s Stop Shop retail park portfolio. On the regulatory side, the team advised Spar-Finanz Bank on the implementation of the Common Reporting Standard Act (CRS) and other regulations alongside tax compliance issues. Edith Hlawati heads the team.

IFLR 1000 - Banking (Tier 2)

In banking, the firm’s recent highlights have been a mix of lending and regulatory work. The firm has been advising several foreign banks on the domestic regulation related to launching new products in Austria. 

Chambers & Partners - Banking & Finance (Band 2)

What the team is known for Esteemed practice acting on major financing deals in the Austrian and CEE markets. Active in acquisition financing, structured finance and private equity transactions. Noted for its strong regulatory capabilities, and frequently seen advising management and supervisory boards on compliance issues. Clients include banks, investment funds, insurance and real estate companies.

Strengths Clients highlight the team's high standard of work. One states: “We are really satisfied with the quality and timeliness of the service. Very complex issues are dealt with efficiently in a short time frame. The team is straightforward and focused.”

Work highlights Assisted the SIA Group with the banking regulatory aspects of its cross-border acquisition of UniCredit's card transaction business.

Advised the Soravia Group on a EUR55 million refinancing.

Notable practitioners

Peter Knobl is experienced across the full spectrum of banking regulatory matters, including advice on MiFID regulations and e-money systems. He advised the Vienna branch of Commerzbank on a range of issues, including market entry into Austria, Austrian banking secrecy, data protection and outsourcing law. "He is a go-to guy for all regulatory topics," a client confirms.

Thomas Zivny is an experienced financing lawyer who is also active in capital markets deals. He recently acted as a lead counsel for IMMOFINANZ as the borrower of a EUR250 million loan.

Volker Glas is a finance lawyer, dual-qualified in Austria and the US. He also assists with capital markets matters.

Sources

  • The Legal 500 2018: Europe, Middle East & Africa 
  • IFLR 1000 2018 - The Guide to the World's Leading Financial Law Firms 
  • Chambers & Partners 2018, Chambers Europe - Europe's Leading Lawyers for Business