Chambers Europe 2009


"Although relatively young, this boutique firm has quickly established itself in the marketplace. Specialist-level involvement in the mining and construction industries affords the firm further credibility, while its due diligence and restructuring teams are also considered noteworthy. The firm has enjoyed a growing presence across CEE lately, although Turkey remains its key hub of activity, and it recently opened offices in Ankara and Istanbul. Significant work for the firm includes handling the restructuring of a major Austrian group in the energy sector, and advising a Brazilian mining company on the issuance of convertible loans. “The team is fast, precise and delivers excellent work – even in cases where there is no room for error,” declare sources. Helen Pelzmann is the key contact here."

Dispute Resolution

"While construction litigation remains this firm’s stronghold, its expertise in white-collar crime is also highly regarded, providing a useful mix of know-how in cases with criminal and civil elements. Clients value the lawyers’“dependability and expert knowledge,” and admire the team’s “efficiency and flexibility.” Georg Karasek is a renowned construction litigator praised by peers for his “sound technical understanding of the field.” He recently represented a construction company in a dispute concerning the construction of a water pipeline and was also involved in a EUR100 million dispute over the building of a power station."

Real Estate

"This boutique firm handles little transactional activity, but has earned a notable reputation in the construction arena. Although a more centralised Austrian firm, KWR has offices in Sofia and Istanbul and is well connected in the CEE region and with construction specialists who can tackle architectural and permits issues. The firm is particularly recommended for construction litigation and arbitration, which is led by Georg Karasek, who is widely considered “the number-one real estate litigator in Austria.” Much of his time is divided between negotiating contracts and dispute resolution; he also oversees much public sector work in transport and infrastructure projects, including Austria’s high-speed rail project."


"Gerold Wietrzyk of KWR Karasek Wietrzyk Rechtsanwälte GmbH wins praise as one of Austria’s long-standing tax specialists and is noted for his work with Ernst & Young."