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DORDA

Felix Horlsberger

Felix Horlsberger

Partner

Expertise

  • Insolvency & Restructuring
  • Insurance

WSG Practice Industries

Activity

WSG Leadership

Insurance/Re-Insurance Group
Member
Restructuring & Insolvency Group
Member
WSG Coronavirus Task Force Group
Member

DORDA
Austria

Profile
Felix Hörlsberger joined DORDA in 2002 and was appointed Partner in 2009. He heads DORDA's insurance department and is co-head of the restructuring department

Bar Admissions

Admitted to the Austrian bar in 2006

Education

- University of Vienna, Dr iur with distinction; ranking: top 1%; (2003) - Thesis: E-Business & Privacy
- Vienna University of Ecomomics and Business Administratio, Mag rer soc oec (2003)
- University of Vienna, Mag iur (2000)
- VienMoot Court civil law 1999/2000
Areas of Practice

Insolvency & Restructuring | Insurance

Professional Career

Significant Accomplishments

- Local counsel to the creditors of Steinhoff Europe Group AG regarding the extrajudicial restructuring
- We advised DIY chain bauMax on their successful restructuring measures with over 40 financial creditors and more than 180 bilateral lines
- Local counsel to Toys "R" Us in the context of a chapter 11 filing of the US and Canadian entities of the group as well as a DIP financing

Professional Associations

  • International Bar Association

- "He knows how to summarise complex issues and the potential solutions for them, and he always has the big picture in mind." (Chambers Europe, 2019)
- He is a member of the Austrian Lawyer´s Club and the IBA (Insurance, Litigation)
- Felix Hörlsberger is a founding member and vice president of YACLA (Young Austrian Commercial Litigation Association)


Seminars

- Felix Hörlsberger lectures at seminars on topics such as compliance, directors' tasks, D&O insurance and cash pooling
- Chair of IIR'sComplice Conference (2011, 2012, 2013 & 2014)

Professional Activities and Experience

Business law firms, Salzburg, trainee, 07-08/1999 and 07/2000
Articles

Which Insurance Covers Corona Damages? What Do You Have to Do Not to Lose Coverage?
DORDA, March 2020

Insurance companies ensure uncertain risks of individuals that may arise in the future and cover such risks with the premiums of the insured community. Once the risk has already occurred or is about to occur immediately and one does not have taken out insurance already, it is not possible to get insurance cover anymore...

How Can Managers Avoid Personal Liability for the Financial Impact of the Corona Crisis on the Company they Manage? Precautionary Measures to Avoid Insolvency
DORDA, March 2020

Limited liability companies and stock companies must file for the opening of insolvency proceedings if they are unable to pay their open debts (illiquidity) or over-indebted without a positive prognosis. If such ground to file for insolvency has occurred, managers are obliged to file for insolvency as soon as possible, but at the latest within 60 days. Otherwise they are personally liable - without limitation - for damages caused by a delayed filing for insolvency (i.e...

Additional Articles

Felix Hörlsberger is the author of numerous specialist publications, particularly on insurance law, data protection, banking and corporate law. You can find a list of some latest examples below:
- AUSTRIAN DATA PROTECTION AUTHORITY ISSUED THE "BLACK LIST" (2018)
- The new Austrian data protection regime (2018)
- "Datenschutzfremde" Vorhaben in der österreichischen Sammelnovelle "versteckt" (2018)
- Weitere Änderungen durch das Datenschutz-Deregulierungs-Gesetz 2018 (2018)
- Datenschutzgesetz bringt Verhältnismäßigkeit (2018)
- "WHITE LIST" DRAFT - DATA PROTECTION AUTHORITY ENVISAGES FAR-REACHING EXCEPTIONS TO DATA PROTECTION IMPACT ASSESSMENTS (2018)
- BACKUPS AND MEMORY LIMITATION (2018)
- BACKUPS UND SPEICHERBEGRENZUNG (2018)
- ERSTE NOVELLE DES DSG 2018: KLARHEIT ZUM DATENSCHUTZ JURISTISCHER PERSONEN (2018)
- Datenschutzbeauftragte als Berater und Kontrolleure beim Umgang mit Daten (2018)
- Administrative authorities may impose millions in fines (2018)
- Kein Schutz von Daten juristischer Personen nach der DSGVO (2018)
- No protection for data of legal persons according to the GDPR (2018)
- No simple legal protection for data of legal persons (2018)
- Verwaltungsbehörden dürfen Geldstrafen in Millionenhöhe verhängen (2018)
- New Austrian Data Protection Act implementing GDPR passed the Austrian Parliament (2017)
- Das neue österreichische Datenschutzregime (2017)


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