Central to the work of Cerha Hempel‘s insolvency and restructuring practice is advice in respect of distressed or insolvent counterparts and the voluntary and involuntary winding-down of business operations, supplemented by a strong reputation in financial restructurings and distressed M&A. The full range of matters is covered between the three heads of practice: transactional and distressed M&A as well as creditor protection is the remit of Thomas Trettnak and Christoph Reiter, who was promoted to partner in February 2023; Holger Bielesz fronts the litigation offering.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Cerha Hempel's team explains everything in terms anyone could easily understand and is always very responsive when we have questions. If we have a time pressure in a matter, they are always very supportive.’

  • ‘Thomas Trettnak is really qualified and aware of business dynamics in order to have a better understanding for sensitive matters. When we address a matter to Cerha Hempel, we are sure that they will resolve and support us with the best budget suggestions.’

  • ‘The team at Cerha Hempel stands out because the firm focuses exclusively on restructuring and insolvency. All of the firm's lawyers are highly specialised in these areas which adds value to clients with financial distress cases.’

  • ‘The team works pragmatically and has an exceptional drive to achieve the best outcome for the client. The team provides a perfect combination of experienced lawyers and young, bright lawyers. They work fast and communicate well with clients.’

  • ‘Great expertise combined with a personal approach, including a wide network of law firms and experts abroad.’

  • ‘Thomas Trettnak is a great expert with strong communication skills and a goal-oriented out-of-the-box mindset.’

  • ‘Christoph Reiter is a walking codex in his field, precise and always on target.’

Key clients

  • POC Sports Group
  • 3C Group & Candy Polstermöbel
  • Outokumpu Ges.m.b.H.
  • RAFAKO S.A. w restrukturyzacji
  • Energie Burgenland AG
  • CLIMEWORKS Group
  • EMIRATES Airlines Group
  • Johnson Controls Group
  • NORTHWOOD International Acquisitions Ltd
  • FIAT / CNH Group
  • CELEBI Group
  • Polymed Medizin Technik GmbH
  • Landesbank Baden-Württemberg
  • Crown Worldwide GmbH
  • STEUERMANN Group of Companies
  • PharOS Ltd.

Work highlights

  • Advised 3C Group throughout in the large and complex insolvency of Kika/Leiner Group in Austria.
  • Advised Energie Burgenland AG in complex negotiations and legal queries with insolvent FORSTINGER Group, one of the largest insolvencies in Austria.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Thomas Trettnak, Christoph Reiter, Holger Bielesz

Other key lawyers

Heinrich Foglar-Deinhardstein