About

Provided by Schoenherr

Schoenherr has an outstanding record of advising on restructurings and insolvency-related matters. A dedicated team does not only provide concise advice on insolvency law and related areas of law, but always considers the commercial implications. Well-regarded for its ability to efficiently handle complex, large-scale situations, the team advises on domestic and cross border restructurings, distressed transactions and insolvency-related litigation as well as all other areas of insolvency law.


Schoenherr advises distressed borrowers, lenders, potential investors and foreign insolvency administrators on all matters relating to insolvency law.

The team has acted for a number of Austrian banks, advising on proceedings under the European Union's Bank Recovery and Resolution Directive. In addition, in recent years the team has built a strong track record of advising investors on the acquisition of distressed businesses out of insolvency.

Schoenherr is also permanent counsel to international banking associations in connection with close-out netting issues.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Austria

1
Band 1

What the Team is Known For

The law firm Schoenherr is renowned for its excellence in comprehensive restructuring and insolvency mandates, acting for well-established clients across a variety of industry sectors. The team is particularly known for its work on debt restructuring and refinancings. Furthermore, clients benefit from the law firm's strength in distressed M&A, aided by its outstanding M&A practice group. Schoenherr also enjoys a strong reputation among both creditors and debtors for its prowess in handling court proceedings concerning damages claims. As a Vienna-based law firm with an international network, Schoenherr is also recognised for its involvement in cross-border cases across Europe, especially CEE.

Work Highlights

Provided by Schoenherr

  • Schoenherr advised Wittur Holding on its comprehensive financial restructuring.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Miriam Simsa
2
Miriam Simsa
Head of Restructuring/Insolvency
2
Band 2

Miriam Simsa is involved in complex mandates across Austria. She often assists creditors and debtors with large corporate restructurings, distressed M&A and refinancings.

Miriam Simsa delivers excellent customer service and is an extremely fast thinker. She is great at analysing complex contracts and is friendly and helpful.

Miriam Simsa does a super job for us when we work together.

Miriam Simsa is very ambitious and straightforward.

Ranked Lawyers at
Schoenherr

Provided by Chambers
Filter by
Band

Austria

Restructuring/Insolvency

Miriam Simsa
2
Miriam Simsa
Head of Restructuring/Insolvency
2
Band 2

Members

Provided by Schoenherr

Michael Magerl

Miriam Simsa

Miriam Simsa

Head of Department

Clients

Provided by Schoenherr

ABBAG Abbaumanagementgesellschaft des Bundes

Adevinta ASA

Austrian Anadi Bank AG

B&C Holding Österreich GmbH

COVID-19 Finanzierungsagentur Des Bundes GmbH (COFAG)

Commerzbank

Deutsche Bank AG

Erste Group Bank

HETA ASSET RESOLUTION AG

Landesbank Hessen-Thüringen Girozentrale (Helaba)

Oberbank

Raiffeisenlandesbank Oberösterreich AG

Seisenbacher

UniCredit Bank AG

Volksbank Wien AG

ara AG

ÖBB-Holding AG

Industries

Provided by Schoenherr

Banks

Financial Services

Government

Industrial Engineering

Real Estate

Real Estate Finance

Retail

Transportation