Prager Dreifuss AG represents banks, hedge funds, and other financial institutions in complex domestic and cross-border insolvency and restructuring proceedings. The team is particularly active in advising clients on arbitration proceedings and global enforcement strategies of arbitral awards that have been rendered. Daniel Hayek has extensive expertise representing creditors in bankruptcy-related litigation, from registering or purchasing claims to enforcement of claims vis-à-vis the bankruptcy administrators. Gion Jegher advises creditors with regards to questions arising from impending insolvencies, whilst Christian Casanova has experience in complex bankruptcy litigation. At the associate level Laura Richenberger, Rahel A. Nedi, and Mark Meili are names to watch.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘It is a top-notch practice with deep expertise, experience and knowledge. They know both local and US law and therefore are able to provide advice and guidance that is relevant and highly sophisticated.’

  • ‘Daniel Hayek is the main contact. He and his team are always very responsive, pleasant and cordial.’

Key clients

  • Trinity Investments DAC
  • Hestia Investments DAC
  • Kommunalkredit Austria AG
  • Attestor Value Master Fund LP
  • Deutsche Bank Trust Company Americas (Security Agent)|Wilmington Trust National Association (Indenture Trustee)
  • Bank of America Merrill Lynch
  • Centerbridge Partners LP

Work highlights

  • Advised on the EUR 2.5 bn tender offer submitted for Europcar in July 2021 by a consortium consisting of Volkswagen AG, Trinity Investments Designated Activity Company and PON Holdings.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

The lawyer(s) leading their teams.

Daniel Hayek

Other key lawyers

Christian Casanova, Gion Jegher, Laura Richenberger, Rahel Nedi, Mark Meili, Andreas Moll, Anik Zehnder, Markus Seglias