Banking & Finance
Europe Guide 2024 : Austria
Band 3
Contact number
+43 1 531 78 0About
Provided by DLA Piper LLP
DLA Piper's banking and finance team in Austria advises national and international companies, banks and other financial institutions, issuers and borrowers on all relevant aspects of banking and financing law. The team has solid financial services sector knowledge and many years of experience. Combined with a thorough understanding of the individual client's needs, the team offers constructive, commercially driven legal solutions and an efficient handling of transactions.
In close cooperation with colleagues from the areas of corporate law, tax law, energy, real estate, restructuring, and litigation and regulatory, the team offers its clients complete multi-disciplinary services at local, national and international levels.
The team's core areas of advice include:
- Loans
- Banking laws and regulatory requirements (including sanctions management related to the financial services sector)
- Banking litigation
- Real estate financing
- Loans and acquisition financing
- Infrastructure and project financing
- Investment funds and asset management
- Capital market law
- Mezzanine financing
- Structured financing/asset-based lending
- Syndicated loans
Chambers Review
Well-known international law firm DLA Piper has a broad banking and finance service offering and an impressive international network across the CEE region. The Vienna-based group regularly assists with acquisition, project and real estate financing, as well as complex litigation in the financial sector. The team services a diverse client base, ranging from retail banks and insurance companies to corporates in the real estate sector.
Work Highlights
- DLA Piper advised DC 3 PropCo on the amendment and revision of the EUR83 million loan agreement for the financing of the DC3 Tower in Vienna.
Strengths
Provided by Chambers
"DLA Piper offers excellent responsiveness."
"The team is able to manage complex, cross-border transactions."
"DLA gives focused and quick responses, as well as helpful and pragmatic advice."
"The DLA team showed great commercial awareness."
"Even though it is an international law firm, lawyers are quite hands-on and you have a direct contact person. DLA also can always provide the expertise from within the firm."
"DLA Piper offers excellent responsiveness."
"The team is able to manage complex, cross-border transactions."
"DLA gives focused and quick responses, as well as helpful and pragmatic advice."
"The DLA team showed great commercial awareness."
"Even though it is an international law firm, lawyers are quite hands-on and you have a direct contact person. DLA also can always provide the expertise from within the firm."
Notable Practitioners
Jasna Zwitter-Tehovnik remains a notable player in the Austrian market due to her broad expertise covering issues such as acquisition, export and real estate finance, as well as refinancing. She is also increasingly present in cross-border mandates, especially those relating to large infrastructure projects. She is well accustomed to advising banks, corporates and sovereigns.
"Jasna understands our needs and is very attentive to them."
"Jasna Zwitter-Tehovnik has a hands-on approach, and is flexible and highly client-oriented."