SAXINGER Rechtsanwalts GmbH’s multidisciplinary team advises debtors, creditors and lending banks in upper Austria on the full spectrum of issues surrounding insolvency, restructuring and distressed M&A. The firm has expertise with clients in a broad range of industries including in financial services, consumer goods, real estate development and manufacturing, mainly focusing on out-of court restructuring proceedings. The three practice heads are Ernst Chalupsky  , Sebastian Hütter and Michael Kienzl, who joined in October 2023 and boasts significant lender-side capabilities.      

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Team is excellently composed of specialists in various disciplines (in particular: real estate, insolvency and restructuring). Mr. Kienzl was key in successfully defending our interest on very difficult tactical grounds and a difficult starting point. Fair billing practices.’

  • ‘Very focused and excellent counterpart to discuss, define and implement non-"plain vanilla" recovery strategies. Vast experienced in M&A, capital markets and buy side advisory and was a most helpful add-on to the excellent restructuring/insolvency franchise. Excellent negotiation skills. ’

  • ‘Broad team with the resources and skills to take on large-volume orders.’

  • ‘Michael Kienzl is a deal-maker, a bridge-builder and has a hands-on-mentality which is very helpful in complex situations.’

  • ‘Very good and uncomplicated cooperation.’

  • ‘Mag. Kienzl is very competent, constructive and solution-oriented.'

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Key clients

  • Erste Group Bank AG
  • Raiffeisen Bezirksbank Neusiedl Ost eGen

Work highlights

  • Acting in two creditor claims arising from the second largest Austrian insolvency of 2022.
  • Advising Erste Group Bank as lender in the largest Austrian insolvency case ever.
  • Representing Raiffeisen Bezirksbank Neusiedl Ost eGen on a restructuring, partial insolvency, civil and criminal case against a borrower.

Practice head

The lawyer(s) leading their teams.

Ernst Chalupsky, Sebastian Hütter, Michael Kienzl