f.l.t.r. CHSH Managing Partners: Hon.-Prof. Dr. Irene Welser, Dr. Edith Hlawati
For the third time in the space of just a few years, CHSH has won one of the most important international awards a corporate law firm can receive: the IFLR “Austrian Law Firm of the Year” award.
Exceptional performance in complex capital markets transactions and groundbreaking solutions in commercial law: these are the qualities the IFLR jury look for each year when they present the prestigious “Austrian Law Firm of the Year” award.
CHSH Cerha Hempel Spiegelfeld Hlawati received this honour in 2004 and 2005 and it has scooped the award once again this year. With three awards under its belt, CHSH has won more IFLR trophies than almost any other Austrian law firm.
Edith Hlawati and Irene Welser, Managing Partners at CHSH, picked up the award in London on 18 March. In its statement, the IFLR expert jury referred to the first-class track record of CHSH’s Banking & Corporate Finance team, led by Edith Hlawati, and in particular, it highlighted the following transactions from last year:
- The advice provided to the Republic of Austria, ÖIAG and Austrian Airlines AG with regard to the privatisation of ÖIAG’s shareholding in Austrian Airlines;
- Wienerberger AG’s innovatively structured capital increase;
- RZB’s successful placement of EUR 500 million in participation capital
Both Managing Partners see the IFLR award as “a team success for the firm as a whole and proof of the expertise of CHSH’s capital markets specialists” (Welser). Edith Hlawati also stressed that teamwork played a key role in CHSH winning the award: “We are pleased to receive this honour, but we also know that it was only possible because clients entrust us with their complex financial and legal matters – and of that we are truly proud.”