Founded in Vienna over 50 years ago, Wolf Theiss has become one of the dominant law firms in the Central European region with a network of 300 lawyers and offices in 12 countries.
- People in Who’s Who:
- Pending cases as counsel:
- Value of pending counsel work:
- US$4 billion
- Treaty cases:
- Current arbitrator appointments:
- 12 (of which 6 are as sole or chair)
- No. of lawyers sitting as arbitrator:
Over the years, the practice has grown from around three members to nearer 20. It’s also become a home to Christoph Schreuer, the leading authority on the law of treaties. Schreuer joined as of counsel on his retirement as a full-time professor.
The firm has recently reorganised the practice area so that each office now has at least one arbitration specialist. Although the heart of the group remains in Vienna where several partners have established reputations (notably Andreas Theiss, Christoph Liebscher and Florian Haugeneder), its been building up in Bucharest and Budapest. Clients who’ve used the practice include Coca-Cola (in a fiercely fought matter against a Cayman Islands company, ROZ), and an affiliate of Hochtief Airports (in a construction arbitration in Albania). Hochtief not only won its claim but was also awarded full costs.
The firm is representing Danish Polish Telecommunication Group in its dispute with Polish state-owned company TPSA over a revenue sharing agreement. The arbitration under UNCITRAL rules was divided into three phases. At the end of the first stage, Wolf Theiss’ client was awarded almost €400 million. DPTG is now seeking to enforce the award in Poland and the Netherlands, where it recently won a freezing order.
In the firm’s most significant hiring of the year, Lucian Mihai joined as of counsel and will now lead the team in Bucharest.