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Fellner Wratzfeld & Partner

Austria

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Key contacts
BD: Business Development
Quick facts
# Partners

9

Languages

German, English

Network memberships

TerraLex Association of European Lawyers (AEL)

Key practice areas
Banking and finance
Capital markets : Debt
Financial and corporate
Restructuring
M&A
Project development
Firm overview

Fellner Wratzfeld & Partners (fwp) is one of Austria’s leading business law firms, offering with its 70 lawyers full legal services to its clients. The firm’s clients include leading banks and other financial institutions, privately and publicly owned companies, industrial manufacturers and public sector authorities. The firm’s expertise covers the full spectrum of industry sectors.

fwp’s approach to providing legal services places particular emphasis on combining in-depth legal expertise and well-founded business knowledge with an entrepreneurial focus to meet client needs. In addition to their legal expertise, the firm’s lawyers have either supplementary degrees in economics, complementary professional experience or have studied or worked abroad.

fwp has an established international practice and handles on an on-going basis major cross-border matters.

Key practice contacts and recent case highlights

Banking & Finance:

Markus Fellner
markus.fellner@fwp.at

Florian Kranebitter
florian.kranebitter@fwp.at

Recent transactional highlights:

  • Advising the financing banks and around 50 promissory note loan creditors on the complex restructuring of Pierer Industries AG and the financial recovery of the Pierer/KTM Group.
  • Advising Kommunalkredit Austria AG on the acquisition of an 80% majority stake in Kommunalkredit by the Swedish private equity investor Altor.
  • Advising Montana Tech Components AG (MTC) on its financial restructuring/refinancing, including the sale of shares in VARTA AG (a division of MTC specializing in battery solutions).

Mergers & Acquisitions:

Markus Fellner
markus.fellner@fwp.at

Recent case highlights:

Paul Luiki
paul.luiki@fwp.at

Recent case highlights:

  • Advising Fenix Outdoor AB on the aquisition of a share in VioModa Group, in the period from April 2024 to February 2025 Fenix in the stepwise extension of the partnership among Fenix and VioModa.
  • Advising Zucchetti Group on the acquisition of zadego GmbH and its “easybooking” hospitality platform, including its German subsidiary, in a competitive limited auction process.
  • Advising philoro Holding GmbH, an independent precious metals trading company and producer of investment bars, and its former shareholders on changing the shareholder structure and the entrance of Invest Unternehmensbeteiligungs AG.

Restructuring and insolvency

Markus Fellner
markus.fellner@fwp.at

Recent case highlights:

  • Advising the financing banks and around 50 promissory note loan creditors on the complex restructuring of Pierer Industries AG and the financial recovery of the Pierer/KTM Group, particularly focusing on the continuation financing for KTM AG’s insolvency proceedings across key distribution subsidiaries with diverse financing structures.
  • Advising NIKE in the collaps of one of the two main Austrian central purchasing networks “Zentrasport” for retail on the Austrian market. The work of fwp not only comprised not only the challenge to avoid losses due to short-lived sports merchandise but also to deal for Nike the challanging situation to transfer the relationship for the sale of good to another entity in Germany as well as the restructuring of collateral.
  • Advising Montana Tech Components AG (MTC) on its financial restructuring/refinancing, including the sale of shares in VARTA AG (a division of MTC specializing in battery solutions). The restructuring particularly involved the financial restructuring of the holding company with three term loans and a revolving credit facility, along with provision of collateral in various jurisdictions.

PPP/PFI:

Michael Hecht
michael.hecht@fwp.at

Josef Peer
josef.peer@fwp.at

Recent transactional highlights:

  • Advising the Austrian public railway group ÖBB in various complex proceedings, including the Brenner-Nordzulauf, which is a cross-border railway expansion to improve connectivity between Austria and Italy. We advise on the approval process for the Brenner North Access on the Austrian side, a key section of the Scandinavian-Mediterranean Corridor. As one of Europe’s most critical railway connections, the project presents major regulatory challenges, particularly for the cross-border section, requiring alignment of German and Austrian approval systems and initiating an ESPOO procedure.
  • Advising the Vienna Health Fund in relation to the development and implementation of an organized colorectal cancer screening programme for the Viennese population. In particular, fwp advises on the design and implementation of a procurement procedure for the procurement of the services required for the program.
  • Advising wohnfonds wien, the company founded to provide land for state-subsidised housing construction, on the preparation of a legal "roadmap" for the development of the Rothneusiedl urban expansion area, which is one of the largest urban development projects currently ongoing in Austria In particular we are advising with regard to the planning and development of the area as well as in connection with the distribution of the property areas to individual developers and the drafting of the relevant contracts.
Address:
Schottenring 12
Wien, 1010,
Tel:+43 1 537 70 0 Email:Contact Us Web Address:https://www.fwp.at
Rankings published in 2026
Banking and finance
Tier 2
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Tier 3

DLA Piper Weiss-Tessbach
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Tier 4

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CMS Reich-Rohrwig Hainz
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bpv Hügel
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Tier 3

Baker McKenzie
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Fellner Wratzfeld & Partner
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Schindler Attorneys
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Tier 4

Brandl Talos
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Tier 5

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Project development
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Fellner Wratzfeld & Partner
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Schoenherr
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Wolf Theiss
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Tier 2

Binder Grösswang
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Walch & Zehetbauer
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Restructuring
Tier 1
13 firms ranked
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Tier 1

Binder Grösswang
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Fellner Wratzfeld & Partner
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Schoenherr
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Tier 2

DORDA
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Freshfields
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Wolf Theiss
9 practice areas
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Tier 3

CERHA HEMPEL
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CMS Reich-Rohrwig Hainz
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GRAF ISOLA
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Baker McKenzie
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Linked Reviews
Financial and corporate

Established in 1999, Fellner Wratzfeld & Partner is full-service Austrian law firm based in Vienna. The firm has an estimated 130 employees and 70 lawyers. The firm has a strong focus on a range of sectors in banking and finance, restructuring, M&A and projects.

 

Highlights

In restructuring, the firm represents a number of clients in connection with the high-profile insolvency of SIGNA Holding GmbH. This is a notably complex case in which a considerable depth of expertise in restructuring matters is illustrated by the firm through the breadth and scale of involvement in the case.

In project development, the firm served as legal advisors for the S - LINK infrastructure project, which is a major extension of Salzburg's regional railway system. Partners Michael Hecht and Josef Peer, advised on all legal matters for the construction, operation and enviornmental compliance for the project. 

Key clients

 

UniCredit Bank Austria AG, Numerous banks of the Raiffeisenbank sector, BAWAG P.S.K. Bank für Arbeit und, Wirtschaft und Österreichische Postsparkasse AG, Erste Bank der oesterreichischen Sparkassen, (City of Vienna), Land Niederösterreich (Province of Lower Austria), Oekostrom, ÖBB Infrastruktur

 

Testimonials

2025

Dr. Fellner is an exceptional lawyer who provides services far beyond the usualHe has extraordinary knowledge of banking, finance and corporate law and offers tailor-made solutions, no matter how complex the problem might be.” – Banking and finance 

The lawyers at Fellner Wratzfeld & Panters are consistently well organised and have very quick solution approaches” – Financial restructuring  

FWP delivers a client experience defined by speed, consistency and excellence. Their responsiveness is outstanding, no matter the urgency or complexity of the inquiries. FWP replies promptly and thoughtfully. Even during tight deadlines there is no abatement in the quality of their work.” – Financial restructuring  

Precise, fast, competent, team player.” – M&A 

USP is in my point of view their excellent expertise and hands-on mentality when working on matters; they are fully aware of practical issues in daily business and provide with tailor made solutions regarding each matter.” – M&A 

Very focused on the needs of their clients, combined with excellent knowledge and strategic thinking.” – PPP/PFI  

Exceptional expertise and reliable working methods.” – Project development  

Markus Fellner 

Excellent legal knowledge, talent for problem solving, flexibility and creativity, friendly and professional approach.”  

Markus Fellner has a handshake quality and we appreciate his proactive approach to finding the best solution for his clients. 

He has a remarkable ability to think like a business partner. He brings in a network you need to handle large restructuring files. He is an excellent mediator, bridging the different interests of the stakeholders. His advice is always aligned with our strategic priorities. 

Expertise, hands-on mentality, suitable solutions.” 

Michael Hecht  

He is precise, innovative, always available and responds very quickly. Michael knows the business with a wide scope.” 

Very reachable on a partner level, has always the interest of the client in mind.”  

Extreme technical expertise and prudent, organized approach.” 

2024

Best law firm in restructuring cases if Markus Fellner is in charge. Markus Fellner is a real dealmaker with great know how and engagement, always focused to find the best economic solution for the client.”- Banking and finance

Professionalism; availability 7/24, friendly team” – Financial Service Regulatory

Always focusing on solutions acceptable for all parties, flexibility and availability” – Financial restructuring

 

Markus Fellner

Top lawyer with excellent knowledge in banking and finance law, with huge cross-border experience and friendly, solution-orientated and professional approach” – Banking and finance

Guidance of the banks, delivers excellence in restructuring cases and litigations, both from a legal and tactical point of view and in interaction with his team.” – Restructuring

Extremely professional, know-how in the subject matter, negotiation power, pragmatism, efficiency, strongly oriented on our needs, goal-oriented, very swift response and processing times” – Banking and finance

Markus Fellner is one of the best experienced restructuring lawyers in Austria, well connected and has a good feeling for his clients.” – Restructuring

Top lawyer with excellent knowledge in banking and finance law, with huge cross-border experience and friendly, solution-orientated and professional approach” – Banking and finance

Markus Fellner is a real dealmaker with great know how and engagement, always focused to find the best economic solution for the client.” – Banking and finance

Solution oriented, diplomatic, fast thinking” – Financial restructuring

8 results8 results
Deal Highlights
26 results26 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
UniCredit - Insolvency
2021-02-25
Fellner Wratzfeld & Partner
Austria
Insolvency
Markus Fellner
UniCredit
Creditor
UniCredit - Financing
2021-02-25
Fellner Wratzfeld & Partner
Austria
Financing
Markus Fellner
UniCredit
Creditor
BAWAG P.S.K.; Raiffeisenlandesbank Oberösterreich; UniCredit; Commerzbank; Vorarlberger Landes-Versicherung VaG; Hypothekenbank Aktiengesellschaft - Restructuring
2020-08-01
Fellner Wratzfeld & Partner
Austria
Restructuring
Markus Fellner
BAWAG P.S.K., Raiffeisenlandesbank Oberösterreich, UniCredit, Commerzbank, Vorarlberger Landes-Versicherung VaG, Hypothekenbank Aktiengesellschaft
Lender
UniCredit; Raiffeisenlandesbank Burgenland; Revisionsverband eGe; Raiffeisenlandesbank Niederösterreich-Wien - Insolvency
2021-02-25
Fellner Wratzfeld & Partner
Austria
Insolvency
Markus Fellner
UniCredit, Raiffeisenlandesbank Burgenland, Revisionsverband eGe, Raiffeisenlandesbank Niederösterreich-Wien
Shareholder
UniCredit - Restructuring
2021-02-25
Fellner Wratzfeld & Partner
Austria
Restructuring
Markus Fellner
UniCredit
Lender
Greenonetec Solarindustrie - Financing
2020-12-01
Fellner Wratzfeld & Partner
Austria
Financing
Florian Kranebitter
Greenonetec Solarindustrie
Borrower
VTB Bank - Financing
2020-03-01
Fellner Wratzfeld & Partner
Austria
Financing
Florian Kranebitter
VTB Bank
Lender
VTB Bank - Financing
2021-02-25
Fellner Wratzfeld & Partner
Austria
Financing
Florian Kranebitter
VTB Bank
Lender
Grand Casino Baden - Financing
2020-09-01
Fellner Wratzfeld & Partner
Austria
Financing
Florian Kranebitter
Grand Casino Baden
Lender
IKEA Einrichtungen-Handelsgesellschaft - Project development
2021-02-25
Fellner Wratzfeld & Partner
Austria
Project development
Markus Kajaba
IKEA Einrichtungen-Handelsgesellschaft
Project developer
Soravia Group; ARE Austrian Real Estate - Project development
2021-02-25
Fellner Wratzfeld & Partner
Austria
Project development
Lukas Flener
Soravia Group, ARE Austrian Real Estate
Project developer
SIGNA Development Immobilien-Entwicklungs - Project development
2021-02-25
Fellner Wratzfeld & Partner
Austria
Project development
Michael Hecht
SIGNA Development Immobilien-Entwicklungs
Project developer
Donauturm Aussichtsturm- und Restaurantbetriebsgesellschaft - Project development
2021-02-25
Fellner Wratzfeld & Partner
Austria
Project development
Michael Hecht
Donauturm Aussichtsturm- und Restaurantbetriebsgesellschaft
Project developer
Österreichische Post - Project development
2021-02-25
Fellner Wratzfeld & Partner
Austria
Project development
Michael Hecht
Österreichische Post
Project developer
Fischapark - Project development
2021-02-25
Fellner Wratzfeld & Partner
Austria
Project development
Michael Hecht
Fischapark
Project developer
GOAR Gastronomie & Handel - Project development
2021-02-25
Fellner Wratzfeld & Partner
Austria
Project development
Michael Hecht
GOAR Gastronomie & Handel
Project developer
JTP 3 Alpha& Co - Project development
2021-02-25
Fellner Wratzfeld & Partner
Austria
Project development
Michael Hecht
JTP 3 Alpha& Co
Project developer
JTP 3 Alpha & Co - Project development
2021-02-25
Fellner Wratzfeld & Partner
Austria
Project development
Michael Hecht
JTP 3 Alpha & Co
Project developer
Banks and SSD creditors of KTM AG - Restructuring
2025-02-27
Fellner Wratzfeld & Partner
Austria
Restructuring
Markus Fellner, Florian Kranebitter, Paul Luiki
Banks and SSD creditors of KTM AG
Creditor
International banking consortium of eight banks - Restructuring
2025-05-03
Fellner Wratzfeld & Partner
Austria
Restructuring
Markus Fellner
International banking consortium of eight banks
Creditors
1
of
2
Markus Fellner of Fellner Wratzfeld & Partners reviews how clients have been responding to the regulatory requirements imposed by Mifid II
All the winning deals, teams, individuals and firms were revealed at IFLR’s ceremony in London on April 4
Markus Fellner, Paul Luiki and Andrea Demanega, Fellner Wratzfeld & Partners
Sponsored

Sponsored

  • IFLR1000
    Sponsored by Fellner Wratzfeld & Partner
    Together with the German law firm Noerr, Fellner Wratzfeld & Partner (fwp) has provided the Bavarian Chamber for Social Benefits and Pensions (BVK) with comprehensive legal advice on refinancing as part of the sale of Kaufhaus Tyrol GmbH. The acquirer is a subsidiary of JC Luxemburg Holding SCSp, a consortium headed by Peek & Cloppenburg. Closing took place on 8 August 2025.
  • IFLR1000
    Sponsored by Fellner Wratzfeld & Partner
    Vienna, Fellner Wratzfeld & Partner Rechtsanwälte (fwp) has successfully advised the Italian Zucchetti Group on the acquisition of 100% of the shares in zadego GmbH. The Austrian company develops and distributes the "easybooking" hotel software. This strategic acquisition strengthens Zucchetti's position in the international hospitality sector and expands its range of innovative solutions for the hotel industry. By this acquisition Zucchetti intends to drive growth in particular in the DACH region. 
  • IFLR1000
    Sponsored by Fellner Wratzfeld & Partner
    Vienna, Fellner Wratzfeld & Partner Rechtsanwälte (fwp) successfully advises an international banking consortium of eight banks on the restructuring and acquisition of MEGATECH Industries GmbH by the Italian SAPA Group. Advice included the transfer of outstanding loans and the related release of collateral in several jurisdictions. By today's closing the transaction was successfully completed.