Banking & Finance
Global Guide 2024 : Austria
Band 1
Contact number
+43 1 515 15 0About
Provided by Freshfields
Please visit the Freshfields website for more details about our work in this category: http://www.freshfields.com/en-gb/what-we-do/services/disputes-litigation-and-arbitration/banking-and-financial-services/
Chambers Review
International law firm Freshfields Bruckhaus Deringer remains one of the top players in Austria for banking and finance mandates. The team regularly acts for well-known lenders and borrowers on syndicated, real estate and acquisition financings, with further expertise in bridge loans and refinancings. Additionally, the firm also assists with amendments and extensions to new loans, including those under English law. Freshfields also stands out for its complementary capabilities in banking regulation and restructuring, advising on domestic and CEE-wide mandates. The team also regularly collaborates with other departments and offices across Freshfields' network to offer comprehensive, cross-border services to clients active in a range of industries.
Work Highlights
- Freshfields assisted Wiener Stadtwerke with due diligence reports into Wien Energie's energy trading.
Strengths
Provided by Chambers
"The Freshfields team is always prepared and has deep knowledge."
"Lawyers are proactive and always act in the interest of the client."
"The firm is excellent at seeing the commercial side and pre-empting legal issues."
"The lawyers are strong negotiators, with high problem-solving competency. They are forward-thinking and offer strong strategic and tactical advice."
"Freshfields delivers high-quality output."
"The Freshfields team is always prepared and has deep knowledge."
"Lawyers are proactive and always act in the interest of the client."
"The firm is excellent at seeing the commercial side and pre-empting legal issues."
"The lawyers are strong negotiators, with high problem-solving competency. They are forward-thinking and offer strong strategic and tactical advice."
"Freshfields delivers high-quality output."
Notable Practitioners
Florian Klimscha's practice covers the full range of banking and finance transactions, with experience handling development, acquisition and real estate finance, acting for a range of lenders and borrowers. He is also regularly involved in cross-border financings, as well as restructuring mandates.
"Florian is a great lawyer who is strong in negotiations and problem-solving and who gives strategic advice."
"He is simply a top lawyer with a great commercial sense."
"Florian is focused on moving the transaction along rather than getting mired in legalese or making points for the sake of it."