Banking & Finance
Europe Guide 2024 : Austria
Band 4
About
Provided by Baker McKenzie
We are at the forefront of advising high-profile international financial industry and tech clients, including PayPal, Checkout, Revolut, the Chinese Financial Futures Exchange, GoFundMe, Sony, Klarna and TikTok. In this area, we are observing an overall trend that fintechs tend to enter the Austrian market without any form of physical presence. Hence, being part of the global Baker McKenzie network gives us a key advantage over our local Austrian competitors due to increased visibility to large international players. We deliver seamless cross-border and Austrian services in the areas of financing transactions, regulatory advice and restructuring work that sets us apart from local competitors.
Our in-depth knowledge in respect to high-volume local financings is highly appreciated and sought after and our team is regularly mandated by high-profile Austrian and international banks as well as corporate borrowers in relation to financing projects.
Our advanced use of technology in transactions sets us apart, e.g., artificial intelligence-enhanced tools for legal project management and document production, taking advantage of being part of one of the most sophisticated law firms in terms of technology and innovation.
Chambers Review
International law firm Baker McKenzie is a recognised player in the Austrian banking and finance market. The team regularly advises on a broad spectrum of work including real estate, joint venture and corporate financing. Furthermore, the firm offers expertise in debt restructuring and credit facilities. Its prowess in handling regulatory mandates includes insurance regulatory law and FMA approvals. Clients, comprising a range of banks, corporates and public authorities, also benefit from Baker McKenzie's sprawling international office network.
Work Highlights
- Baker McKenzie advised Aquinos on the financing of the EUR122 million acquisition of the bedding division of Recticel.
Strengths
Provided by Chambers
"Baker McKenzie's service levels and responsiveness are excellent."
"The team provides good-quality work."
"Baker's commercial awareness is top-quality."
"Baker McKenzie's service levels and responsiveness are excellent."
"The team provides good-quality work."
"Baker's commercial awareness is top-quality."
Notable Practitioners
Georg Diwok is a respected banking and finance regulatory lawyer who also heads the firm's practice group. He is visible in various matters ranging from insurance regulation and ownership control matters to compliance and contentious regulatory mandates.
"Georg has great client service, and a level of sophistication and commercial awareness that far exceed our expectations."
"The quality of his work is very good and he handles everything in a timely and satisfactory manner."
Ranked Lawyers at
Baker McKenzie
Austria
Industries
Provided by Baker McKenzie
Healthcare & Life Sciences
Hotels, Resorts & Tourism
Industrials, Manufacturing & Transportation
Private Equity
Technology, Media & Telecommunications