Insolvency and Restructuring

Entrepreneurial success or failure is not always the result of the actions of the entrepreneur himself. It frequently comes from a number of factors that can be beyond his control. Crisis situations are thus not necessarily due to entrepreneurial failure. However, it is crucial that crisis situations be quickly recognised and sustainably managed. Business crises demand rapid and often painful restructuring, both economically and legally. It’s about discovering new perspectives and opportunities.

SAXINGER advises you on all of your company’s issues relating to crisis and insolvency and develops with you workable and sustainable restructuring strategies. In addition to that, we will show you safe paths forward and advise you on the best possible way to avoid liability. 

Our Expertise in Proceedings Involving Insolvency Law and Restructuring 

SAXINGER has many years of experience and expertise in overcoming and working through corporate crises in the role of advisor to companies, insolvency administrators, and creditors. Our services focus on the following areas.

References and Success Stories

We stand by our clients with expertise and commitment in insolvency law and restructuring. Below are some of our more recent references and success stories.

SAXINGER accompanies Erste Group Bank AG in the bankruptcy of Signa Group

SAXINGER advises Erste Group Bank AG as a creditor in the insolvency of various companies belonging to the Signa Group (Austria’s largest private real estate group). Our advice includes the analysis of risks, options for taking action, the enforcement of receivables, and liquidation options.

SAXINGER accompanies Raiffeisen Bezirksbank Neusiedl Ost eGen in restructuring, partial insolvency, civil and criminal proceedings against a borrower.

SAXINGER accompanies Raiffeisen Bezirksbank Neusiedl Ost eGen in the analysis of the distressed real estate financing of a larger Viennese real estate developer, where the suspicion of credit fraud arose. SAXINGER advises the Raiffeisen Bezirksank Neusiedl Ost eGen on both criminal and civil matters and supports the development of an enforcement strategy. We also provided advice in regards to the possible sale of loan receivables to an international distressed asset fund.

SAXINGER advises a creditor in the second largest insolvency proceedings of 2022 in Austria

SAXINGER accompanied the client from the opening of the insolvency proceedings until finalisation of the settlement with the appointed insolvency administrator. Among other things, we provided advice on a way to successfully obtain a large bank guarantee, on the related arbitration clause in the contracts and in insolvency proceedings, as well as on the negotiation and finalization of a settlement that allowed the client to continue their participation in a large project without major interruption and without financial losses without the debtor.

Contact us now! >>