E+H has advised CVI Investments and Heights Capital Management on the restructuring and insolvency proceedings of Fisker. Schoenherr advised Fisker.
According to Schoenherr, Fisker, based in Graz, is a subsidiary of Fisker Group which is itself undergoing Chapter 11 reorganization bankruptcy in the US and was primarily responsible for overseeing the manufacturing of Fisker electric vehicles.
According to E+H, "with claims against Fisker GmbH totaling in excess of EUR 3.78 billion, this was one of the largest insolvencies in Austria ever. The insolvency court confirmed the restructuring plan of Fisker GmbH on September 16, 2024, which confirmation will – absent an appeal – become finally binding on October 1, 2024."
The E+H team included Partners Marcus Benes, Christian Joellinger, Mario Spanyi, Karoline Hofmann, Christopher Engel, and Laurenz Liedermann and Associates Sandra Leutl, Rene Renner, and Alexandra Stadlober.
The Schoenherr team included Partner Miriam Simsa, Attorney at Law Hannah Fadinger, and Associates Felix Loewit and Christian Cacic.
