Binder Grösswang
Partner, specialised in corporate /M&A, insolvency and restructuring and private trust law.
The range of Binder Grösswang‘s restructuring and insolvency practice spans across corporate rescue and preventive restructuring, insolvency-related disputes and creditor representation, and distressed M&A, all bolstered by close collaboration with the firm’s banking and finance team. In addition to representing major domestic banks, the team is also frequently engaged in real estate and retail mandates. Gottfried Gassner leads the practice, and is well-versed in complex, cross-border transformation and restructuring processes, while Georg Wabl brings to the table experience in administration and insolvency processes. Emanuel Welten supports lenders and borrowers in financing matters.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Georg Wabl is the best lawyer I have had the pleasure in working with over my career of ~10 years.’
- ‘Dynamic, approachable, reachable almost 24/7. Delivers results by extremely tight deadlines given from client side and communicates clearly to all stakeholders involved.’
‘Great teamwork between the partners Georg Wabl and Gottfried Gassner. Both have deep legal expertise together with good communication and moderation skills that help a lot in meetings and debates.’
‘Very problem solving oriented, pragmatically efficient and professionally cooperative, with a very good understanding of the needs of both banks and corporations.’
‘The team is able to effectively and highly professionally manage complex transactions and by their solution-orientated approach bring together even sometimes difficult parties.’
‘Gottfried Gassner has a proactive, solution-oriented approach. He is highly professional and experienced in all fields of insolvency law and corporate recovery. With an entrepreneurial approach, he always seeks the best possible solutions for our needs. A pleasure to work with.’
- ‘Georg Wabl is able to think from the view of his counterpart and uses this understanding for his client. He gives quick and profound responses. Also very urgent cases are solved in an excellent and practice-oriented manner.’
‘Georg Wabl deserves special mention. He not only has outstanding expertise but also has handshake quality. His international network is particularly helpful. He is a very smart strategic thinker and develops sustainable successful strategies for his clients.’
Key clients
- Schur Flexibles Holding GesmbH
- Kärntner Beteiligungsverwaltung
- Erste Group
- UniCredit Bank Austria
- Raiffeisenlandesbank NÖ-Wien
- Robert Bosch AG
- Lafayette Mittelstand Capital
- Société Générale Vienna Branch
- Dynea AS
- Hypo Vorarlberg Bank AG
Work highlights
- Advised Schur Flexibles on a multi-billion financial cross-border restructuring.
- Advised Kärntner Beteiligungsverwaltung on a short-term capital increase to prevent insolvency of the Carinthia Airport.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Binder Grösswang
Partner, specialized in national and cross-border restructurings, reorganisations and transactions in the crisis and insolvency context.
Practice head
The lawyer(s) leading their teams.
Gottfried Gassner