Binder Grösswang is a leading commercial firm, with lawyers working across its Vienna and Innsbruck offices. Although the firm is exclusively based in Austria, it often leads on cross-border deals. The firm has a strong focus and reputation in banking, capital markets, M&A and restructuring.
Highlights
In banking and finance, the firm advised Andadi Bank on the tansfer of its Carinthian branches with around 42,000 retail customers and 250 SME Carinthian customers to the Bank Burgenland of the GRAWE banking group. The transaction exemplifies the firm's expertise in handling large scale complex projects for leading banking clients in Austria.
Another notable highlight of the firms work during the research cycle includes advising Lenzing on a $1 billion refinancing of existing debt governed by New York law for LD Celulose S.A.
Key clients
European Investment Bank, Erste Bank der österreichischen Sparkassen, VERBUND, Austrian Anadi Bank, Zürcher Kantonalbank, Rosenbauer, Lenzing, Steyr Motors, Mayr Melnhof,
Pritzker Private Capital, Steyr Motors AG, Mutares SE & Co. KGaA, Lenzing AG, ÖBB Infrastruktur AG, Zürcher Kantonalbank
Testimonials
2025
Banking
“Partner Emanuel
Welten is
very
much hands on, knows the domestic and the international corporate finance market very well and has
a very good level of detail. Excellent quality of lawyering und just
very nice to work with.”
“Fast reaction to requests and appropriate answers to specific questions regarding the necessity of an IFRS balance”
Financial restructuring
“Very flexible, easy to approach, does exactly what they say they will, provides their work products in time and within budget.”
“Outstanding not only in terms of the legal know-how, but also a strong partner in the negotiation.”
“Binder
Grösswang's is first in class when it comes to understanding of the jurisdictional framework as well as the economic implications of their advice. First-in-class in responsiveness and ability to express themselves cleanly and calmly.”
M&A
“Competent, solution oriented, responsive, comprehensive”
“Good communication,
pragmatic approach and accepting feedback/ input made by its client”
“Binder
Grösswang is characterized by a high level of expertise and an uncomplicated and solution-oriented approach.”
Restructuring
“Very commercial; great expertise”
“Not only outstanding and very pragmatic local law advice but always with a view on how this impacts the transaction mechanics.”
“Very committed, focused and client oriented”
Christian Zwick
“Quick comprehension and finds practical solutions. Always available.”
“Very responsive; high knowledge of local and international corporate finance market; well connected within Austria and
abroad”
“Emanuel's legal knowledge of the intricacies of the restructuring and insolvency sphere under Austrian law as well as his ability to pinpoint the discrepancies to other
jurisdictions is impressive.
I especially valued his way in proactively proposing a route while always listening to the client. In counterparty meetings, he
strikes me as a clear-cut tactician who
observes and listens before targeting the pressure points.”
“Good communication and accepts/implements feedback provided”
“clear guidance in legal know-how and strong support in the negotiation.”
“Highly commercial with deep expertise.”
“Georg is a young and smart restructuring partner who is easy to get along with and really provides first class service for a very attractive price.”
“brilliant lawyer, good understanding of economic needs of clients.”
“Fast and accurate answers in the course of setting up the base prospectus.”
“Good communicator, very responsive, good industry knowledge.”
2024
Banking and finance
“Very responsive and collaborative. Team very pleasant to deal with and provide spot on and useful input.”
“Excellent preparation, development of pragmatic legal solution, excellent negotiation skills & stakeholder involvement, thinking outside the box.”
“Fast and competent advice, always available, solution-oriented.”
“BG offers a one-stop-shop for Austrian corporate legal matters. They have a pragmatic work approach and are hands-on. They deliver fast results in complex matters.”
“Fast and clear responses, a very responsive team.”
“Very responsive, collaborative, pragmatic advice, good grip on fees.”
Financial restructuring
“We required a very pragmatic loan document in a very short time frame for a highly complex situation, where the Binder Grösswang team delivered a highly precise, short yet comprehensive facility agreement that helped bring the deal over the line involving multiple stakeholder layers.”
“The pragmatic and approachable service, whilst being very solid as well.”
Insolvency
“The lawyers involved have provided a very precise and timely feedback on the important parts of the analysis and of the execution process. As they are very present on the ground, they very often have precedent experience in all relevant situations and that reflects positively in the quality and relevance of the work done. They are also very transparent and clear at inception on the possible challenges of the mandate.”
M&A
“Very quick reaction time; deep knowledge about our industry.”
“Efficient, a good service-payment ration, reliable, easily reachable, show a very flexible approach, can find the proper approach to difficult counter-parts/business partners, deep professional legal knowledge in many fields of law, motivated associates, listen to the client and his/her needs, can adjust to those needs and wishes.”
“Top notch advice, deep business understanding, trust building (on either side, which is essential for good transactions). Always in time, absolutely top in cost/benefit.”
“High degree of professionalism, responsiveness, good business acumen, cost-conscious, good team spirit.”
“Good and understandable presentation; very responsive.”
“Binder Grösswang is an extremely loyal advisor and always reliable in its handling. The advisors and above all the M&A team always endeavour to involve both sides fairly. There has never been a postponement of a deadline and the coordination at the various levels is absolutely smooth. We would always choose Binder Grösswang for both smaller and larger transactions. In addition, they have a deep understanding of the health and life sciences sector.”
“Great expertise, Responsiveness, Team integration, practical experience and business acumen.”
“Very professional team, skilled in all areas of M&A, very quick turn around time, very business oriented.”
Private Equity
“Quick and accurate responses, a very proactive approach and generally good communication throughout the process.”
Restructuring
“Outstanding professionalism - expertise, strategic thinking, comprehensive services.”
“BG's lead partner Dr. Georg Wabl is fantastic - he has a profound, exceptional knowledge of all legal aspects relevant in relation to restructurings and insolvencies, and he is a great negotiator, very hands-on and pragmatic.”
Andreas Hable
“Manages firm-client relationships, networking, finding proper approach to clients and counter-parts, very experienced, especially when dealing with people/difficult situations, leading negotiations, talks etc. Emotional intelligence. Deep professional knowledge in the sphere of M&A projects.” – M&A
Christian Zwick
“Highly skilled. Quick and very reliable. Strategic focus. Perfect service.” – M&A
Christoph Schober
“Very advanced for his age; always keeps his cool, also during tough negotiations; always reachable for me.” – M&A
Andreas Hable
“Andreas Hable has a deep understanding of the health and life sciences sector in order to penetrate the needs of the market. He has an entrepreneurial understanding and is able to implement this in his advice in line with market requirements. He always tries to find solutions for both sides and translates this into contracts that are also creative and generate a high level of customer satisfaction.” – M&A
Emanuel Welten
“Profound legal knowledge leading to excellent results in negotiations, broad business/sector/commercial expertise, efficient processes, long-standing client relationships, very responsive/accessible.” – Banking & Finance
“Fast and competent advice, always available, solution-oriented.” – Banking & Finance
Florian Khol
“Excellent M&A lawyer and outstanding in capital markets. Compared to his peer he is less focussed on self-advertising than providing first class advice and support! Therefore he is still underrated and underestimated. Excellent network.” – M&A
Gottfried Gassner
“Good control over the entire process whilst sufficient focus on specific details, Very good time management and work schedule.” – Restructuring
Phillip Kapl
“Excellent client relationship development, trusted partner in negotiations, very effective team management.” – Private Equity
Stefan Tiefenthaler
“As mentioned for the firm. He is an excellent lawyer with deep technical know-how who manages to translate this into practical and hands-on advice. Excellent at finding practical compromise solutions in negotiations. His relaxed, calm, professional and friendly manner regularly takes pressure out of tense negotiations.” – Bank lending
Stephan Heckenthaler
“Stephan is hands-on and solution-oriented. He is available on short notice and easily reachable. We often text and can discuss matters directly and hence find solutions in a swift manner.” – Banking and finance
