Wolf Theiss advises the Steinhoff Group on the successful implementation of its financial restructuring

The Vienna based Wolf Theiss team under the leadership of Matthias Schimka and Claus Schneider and further consisting of Georg Harer, Nevena Skocic (all Banking & Finance), Eva Stadler (Tax) and Markus Taufner (Corporate) advised the Steinhoff group in connection with the comprehensive financial restructuring from an Austrian law perspective in relation to SEAG, SFH and a multitude of Steinhoff subsidiaries located in Austria. Linklaters LLP acted as lead counsel.

“Not only the huge size of the debts to be restructured but also the interdisciplinary nature of the transaction required innovative legal solutions, the collaboration of various legal practice groups within our firm as well as sustained efforts of all lawyers involved”, said Matthias Schimka.

The financial restructuring has been supported by several legal advisors inter alia including Allen & Overy LLP (lead counsel) and BINDER GRÖSSWANG Rechtsanwälte GmbH (Austria), Latham & Watkins LLP (lead counsel) and Dorda Rechtsanwälte GmbH (Austria), Kirkland & Ellis LLP (lead counsel) and Eisenberger & Herzog Rechtsanwälte GmbH (Austria) (each as counsel to the lenders) as well as Fellner Wratzfeld & Partner Rechtsanwälte GmbH (Austria) advising the Steinhoff group on specific legal issues.