
At the crux of Cerha Hempel‘s practice is pre-insolvency financial restructuring, with additional strengths in voluntary and involuntary winding-downs and creditor protection cases. The firm regularly assists creditors, shareholders, management of distressed companies as well as tax and auditing firms at an early stage in both in- and out-of-court restructurings. The team is co-led by Thomas Trettnak, whose coverage spans the entire CEE region and Christoph Reiter who specialises in commercial distressed M&A. Holger Bielesz spearheads the firm’s disputes capability.
Testimonials
Collated independently by Legal 500 research team.
‘Christian Aichinger provides good commercial advice.’
‘The team consists of utmost professionals - not only the partners, but also the associates. The client is informed about all possibilities available and the client's wishes are accurately included in the resulting documents and actions.’
‘The partners Dr. Thomas Trettnak and Mag. Christoph Reiter have exceptional knowledge and experience in their field to rely on. The communication is clear and kept to the topic without unnecessary distractions.’
Key clients
- A consortium of 10 German banks in the SIGNA insolvency
- A prominent European Bank in liquidation status
- FTI Touristik GmbH
- 3C Group & Candy Polstermöbel / (Kika/Leiner insolvency)
- CLIMEWORKS group of companies
- RAFAKO S.A. w restrukturyzacji
- Johnson Controls Group
- Energie Burgenland AG (FORSTINGER insolvency)
- CELEBI Group
- Creditors of Odyan SA (formerly known as ODEBRECHT group)
- FIAT / CNH Group
- PharOS Ltd.
- Landesbank Baden-Württemberg
Work highlights
- Advising several clients (predominantly German and other international banks and investment companies) with respect to the insolvency of the SIGNA Group (in particular of SIGNA Prime Selection AG in Austria and SIGNA Holding GmbH), the biggest insolvency cases in the history of the country.
- Advising German 3C group of companies throughout with regard to one of the major insolvencies in Austria in recent years, i.e. the restructuring of Leiner & Kika Möbelhandels GmbH.
- Advising Climeworks group of companies in a complex cross-border transfer of ownership in assets designed for the construction of a power plant in Iceland.
Lawyers

Practice head
The lawyer(s) leading their teams.
Thomas Trettnak, Christoph Reiter