Chambers
& Partners
Chambers and Partners is an independent research company operating across 200 jurisdictions delivering detailed rankings and insight into the world’s leading lawyers.
We have been listed in the guide for more than 10 years. In its most recent edition (2021), we are recommended in the areas of Corporate/M&A and Real Estate. We are proud that Alexander Patsch and Wolfgang Graf are recommended individuals.
Wolfgang Graf is also recommended in Chambers‘ most recent global guide.
Banking & Finance
Clients are impressed with this compact team’s service, highlighting the close partner attention and the lawyers‘ uncomplicated communication style as some of its most attractive features. The firm is a relatively recent addition to Austria’s legal landscape, but has gathered a loyal following both from financial institutions and borrowers, including Sparkassen Immobilien, Barclays Capital and Borealis. Corporate finance and Real Estate finance are considerable strengths. Besides English and German, the team offers services in Polish and Russian, and acts for many clients from those markets and other CEE countries. Clients also note the firm’s useful ties with independent law firms in the region.
Well-regarded team offering strong skills in acquisition finance with notable activity in the Real Estate sector. Borrower-focused with clients including telecommunications providers as well as private equity funds and fintech start-ups. Active on cross-border transactions for Austrian and multinational clients. The team is acknowledged for its concise recommendations, with one client noting its „to-the-point advice – no lengthy theoretical statements.“ Advised RENAFAN on a high-value syndicated loan.
This solid independent law firm continues to handle the full range of Banking and Finance matters for its corporate clientele, which was recently bolstered by the addition of Vienna-listed sporting goods manufacturer Head.
Well-reputed team with a strong focus on advising the borrower side on project and acquisition financings. Clients include domestic and international corporates.
Work Highlights
- Advised new client Telekom Austria on its EUR 1 billion syndicated revolving credit facility.
- Assisted new client Hatfield with its bid for a EUR 450 million CEE-wide non-performing loan portfolio.
- Acted for LNR Partners on a proposed sale of a non-performing loan portfolio.
Strengths
- “A smaller law firm with an international standard of service, and in-depth knowledge of local regulations and our industry.”
- Sources say: „Responsive, fast and straightforward.“
- “The lawyers revert in a timely manner with to the point advice without lengthy theoretical statements. They support us proactively at all times and present solutions tailored perfectly to the client’s needs.”
- “They work in a very client-friendly way, they are very co-operative and they always deliver fast. You get a quick answer.”
- “A kind and supportive team. We had a great experience with the firm.”
Testimonials
Corporate | M&A
Active in a number of large-border transactions involving the CEE region and Germany. Experienced in financial services, Real Estate and TMT sector deals, particularly in relation to private equity and venture capital investments. Advised RENAFAN on its acquisition of an Austrian company active in the healthcare and elderly care sector and also assisted with the restructuring of its Austrian business.
Focused on mid-market M&A transactions for Austrian clients as well as assisting with large international restructurings. Additionally provides general corporate advice. Clients are typically investors or corporates stemming from diverse sectors, such as aviation, medicine, gaming, healthcare and IT. Further acts for start-ups and incubators. Particularly active on large international restructurings. Experienced in financial services, retail and technology sector deals, particularly in relation to private equity and venture capital investments. Also acts on corporate organisations and financing rounds for start-ups.
This streamlined outfit has a strong practice in the mid-market, with a focus on the TMT, technology and sports sectors. It assists new client HTM Sport with general corporate and commercial matters, and also acts for names such as Borealis, Braintribe IT-Technologies and Veolia Water Systems. Sources highlight close partner contact, compact size and excellent client care as attractive features of the practice.
Graf Patsch Taucher has been busy handling cross-border transactions, particularly in CEE and Russia. It works with local firms in the region to provide a cross-border service. The firm has a good following among financial institutions, with clients including Sparkassen Immobilien, Barclays Capital and Allgemeine Sparkasse Oberösterreich Bank. Interviewees note that the team’s experience and language skills are instrumental in getting deals through in CEE.
Advances in the rankings this year as a result of strong feedback and increased visibility on the market. Respected team with strong corporate law expertise, active in joint ventures and corporate restructurings. Represents clients in TMT, energy, Real Estate and pharmaceutical sectors.
The firm offers advice in all areas of corporate law, but has particular expertise in M&A and joint ventures. Work consists largely of cross-border mandates. Clients include Borealis, Sparkassen Immobilien, Orange and Heraeus Electro-Nite International.
Since its inception in 2004, Graf Patsch Taucher has established a firm place for itself at Austria’s corporate/M&A table. Clients praise the firm for the personal service it provides, and it has gained a foothold through offering such a high level of client service. It has also been rewarded with some impressive instructions from clients such as Borealis, for which it has handled several acquisitions, and listed Swiss utility company Elektrizitätsgesellschaft Laufenburg, for which it handled a corporate restructuring.
Work Highlights
- Assisted Canopy Growth with the Austrian aspects of its EUR 226 million acquisition of the C3 Cannabinoid Compound Group.
- Assisted Borealis with its large-volume corporate restructuring.
- Advised KGAL Group on the Austrian issues relating to its international corporate restructuring.
- Acted for APS on the EUR 111million acquisition of VB-Leasing.
- Acted for Gorreal on its acquisition of a company owning an Austria-wide Real Estate portfolio.
- Advised Smart Mobile on drafting a co-operation agreement with a major Austrian telecommunications provider.
- Advised T-Centrum.CZ on an EUR 11million share transaction for a project development in Vienna´s Prater amusement park.
Strengths
- Sources say: „Down to earth, uncomplicated and quick.“
- Sources Say: “The almost permanent access, flexibility and speed of response are key strengths.”
- Clients are especially happy with the attention they receive from the partners, with a client saying that the received „a very high service level and a very client-oriented service“.
- “They are quick, responsive, to the point and understand our business.”
- One client appreciates the „very good and effective“ team for „making the effort to find quick solutions.“
- Another source describes the team as „responsive and very efficient.“
- One impressed interviewee states: „It´s a corporate-boutique and the cooperation is great, our clients are always satisfied. They are very pleasant and efficient.“
- Another client also appreciates the boutique structure, saying: „The advantage of smaller structures is that you have direct contact with one to two people and everybody has the same information.“
- A client sums up: „The firm has an excellent response rate and provides us with uncomplicated corporate and M&A support.“
- Another client emphasises the team´s straight forward advice, praising its „objective representation of the problems with appropriate solutions.“
- Sources say: „I’d always go to this firm because the lawyers have the right mentality and put their clients’ interests first.“
Testimonials
Dispute Resolution
Graf Patsch Taucher is beginning to gain a foothold within the field of dispute resolution. The firm handles cases of all kinds under the corporate and commercial umbrella. Complex M&A-related litigation has featured heavily of late. The firm acted on behalf of a former managing director of OEWV and the managing director of Braintribe IT-Technologies. Construction and Real Estate litigation, insolvency cases and insurance disputes have also contributed to the firm’s docket.
Real Estate
Well regarded for its work on complex lease agreements, including related disputes. Additionally active on development projects, sales and acquisitions. Visible in the hotel and residential property sectors, including acquisitions of culturally significant buildings. Also represents Polish and Russian entities in Real Estate disputes.
This firm counts many Russian and Polish companies amongst a client list that also includes domestic and international names. It is well versed in a broad range of Real Estate matters, including the selling and purchasing of property, negotiating lease agreements, and construction disputes. Notable work for the group includes acting for Rahlhof Errichtungs on the purchase of a building in Vienna, and continuing to assist Euro Immobilieninvest with the purchase and development of the former regional headquarters of an American company.
This firm has built a substantial construction practice, often representing Polish and Russian clients in disputes. On Real Estate transactions, the team is in demand amongst Russian investors, international developers and domestic players. It advised Swarovski Optik on the sale of a production facility and purchase of a larger site. It also assisted a client on the EUR10 million sale of a building as part of insolvency proceedings. Other clients include STRABAG and S-Immo.
This well-established firm continues to win notable instructions from domestic and international clients. The firm regularly advises Bauträger Austria Immobilien, a Real Estate development company belonging to UniCredit Bank Austria, on Real Estate projects and litigation. It recently acted for Kahles, part of the Swarovski group, on the sale of a production facility, and assisted Schmidgasse 14 Projektentwicklungsgesellschaft with the acquisition of a historic hospital building in Vienna.
This ambitious CHSH spin-off continues to increase its Real Estate profile in both Austria and the CEE region. The firm focuses on mid-sized transactions and has carved a sizeable niche in the market, where it is known for its “serious focus on Real Estate and strength in both construction and transactional work.” Sources laud the firm for the “amazing quality of its advice and wonderful flexibility.” Graf Patsch Taucher is known for high-profile work in connection with Russia, and throughout the rest of the CEE region. The firm is active in Poland, Russia, Hungary, Slovakia, Romania, Ukraine and the Czech Republic. It advises on project development, construction, Real Estate acquisitions and tenancy law. The team’s clients include Elektrizitätsgesellschaft Laufenburg, Orange Business Services and Braintribe IT-Technologies.
This mid-sized Real Estate outfit has had a prosperous year, despite the prevailing economic conditions. Forged by CHSH alumni, the team has increased in capacity and market visibility, proving its major-league ability in acquisitions, Real Estate M&A, financing and construction projects.
Work Highlights
- Advised Bierwirth & Kluth on the leasing of a hotel property near Vienna International Airport.
- Advised Hamburg-based Petronord on the development of an apartment complex in central Vienna.
- Assisted K&TF Investment with the acquisition of an historical building in Vienna’s 9th District for EUR 8 million.
- Advised Bierwirth & Kluth Hotel Management on the lease of a Marriott hotel situated near Vienna’s airport.
Strengths
- Clients speak highly of the team´s clear and concise approach, stating: „They give timely and to-the-point advice and proactively support us.“
- Other sources note: „You always have the impression they are working on all matters thoroughly and you feel like you are in a save pair of hands.“
- Clients note the team’s co-operative approach. A client says the lawyers create a comfortable environment that “gives the impression that you are in good hands from the very start,” and that the team is “able to go beyond the legal perspective” and look at issues from a client’s perspective.
- The firm is active in Russia, where it handled construction contracts for Strabag in relation to its plans for redeveloping the iconic Hotel Moskva. It also handles construction, development and acquisition financing for clients such as Commerz Grundbesitz Investmentgesellschaft, A.M. Alpha Verwaltungsgesellschaft, and Bank Austria Creditanstalt Group’s Bauträger Austria Immobilien.
- Singled out for its focus on Eastern Europe-related Real Estate work. Well regarded for its work on complex lease agreements. Also plays a key role in various development projects.
- “The firm’s work is exceptionally reliable and we always receive immediate responses from the lawyers.”
- “The lawyers identified the key issues and questions and there was very little discussion about unimportant topics.”