Schoenherr has promoted Austrian restructuring law expert Miriam Simsa to Contract Partner, effective as of February 1, 2017.
According to Schoenherr, Simsa "specializes in insolvency law with a focus on out-of-court restructurings and other restructuring driven transactions. She regularly represents financial institutions and debtors in restructurings and pre-insolvency transactions. She also represents creditors in insolvency proceedings. Recent transactions include advising a consortium of 40 creditors in connection with the restructuring and wind-up of the bauMax group and assisting the Republic of Austria in the conversion offer to HETA-creditors."
Simsa graduated from the University of Vienna with a degree in law in 2008. She joined Schoenherr in 2010, working initially in the Corporate M&A practice group. As a member of the Insolvency & Restructuring team established under the leadership of Partner Wolfgang Holler, she specialized in pre-insolvency transactions, such as the refinancing and sale of non-performing loans and the sale of distressed companies. She further developed this expertise during a secondment at Slaughter & May in London (2013/14) where she worked in the firm's finance team advising on IPO-related refinancings in the UK and CEE.
"We are one of the few large corporate law firms in Austria with a dedicated team specializing in insolvency and restructuring," said Schoenherr Managing Partner Christoph Lindinger. "Miriam has played an important role in the establishment of this practice group in the market. We are proud of her development and are happy to have her on our team."
