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“I can’t not mention Covid – it’s still making the entire situation quite difficult,” says Dorda Managing Partner Axel Anderl, when asked what’s happening in Austria “The current coalition between the Greens and the Conservatives is facing a lot of challenges.” 

Binder Groesswang has advised OBB-Technische Services on the establishment of a joint venture with Voestalpine Stahl for the purpose of freight wagon production. Schoenherr’s multi-office team advised the co-venturer on the deal. Gleiss Lutz reportedly acted as a local advisor in Germany to Voestalpine.

Schoenherr and Clifford Chance have advised Hypo Vorarlberg on the synthetic securitization of a EUR 330 million portfolio of loans to small and medium-sized enterprises, corporate borrowers, or certain private individuals, which was provided by the European Investment Fund and European Investment Bank. Linklaters advised the EIF and EIB on the deal.

Allen & Overy and RTPR have advised Dutch life insurance, pension, and asset management company Aegon on the EUR 830 million sale of its operations in Romania, Hungary, Poland, and Turkey to the Vienna Insurance Group. Wolf Theiss and Turkey’s Paksoy Law firm advised the buyer on the deal. 

New Counsel Victoria Pernt on Schoenherr’s impressive Arbitration practice.

Schoenherr has advised Christian Bamberger, SK Capital GmbH, Foxyflo GmbH, Christian Waldheim, and Martin Mrvka on the sale of 100% of shares in Austrian communication-platform-as-a-service companies ATMS, SMS.AT, and WebSMS to Norwegian Link Mobility Holding ASA. AGP Advokater AS and EY Law advised Link Mobiliy on the transaction, which closed on November 16, 2020.

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