06 Sep 2013

Skadden Arps closes in Austria as partner returns to CMS

Skadden Arps has decided to shut its Vienna after the partner managing the base announced he was joining CMS Riech-Rohring Hainz.

Vienna: Skadden's exit Horia Bogdan

Rainer Wächter will join the CMS network on 1 October.  Now 55, he is able to take early retirement from the US firm. He receives a warm welcome from CMS, the firm he trained with at the start of his career. CMS Reich-Rohring Hainz managing partner Peter Huber said, according to Legal Week: 'Rainer Wachter joins as one of Austria's most famous lawyer personalities in corporate transactions.'  He specialised in cross-border M&A, often acting for private equity clients whilst with Skadden Arps.

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