Discover Germany | Business | Top Legal Expert, Austria
Michael Poduschka, managing director and partner.
T O P L E G A L E X P E R T, A U S T R I A
Everyman’s leading lawyer
– the Poduschka legal office supports investors’ rights Everyman can – with a little help from an Austrian top legal firm. Among the usual range of legal fields, investors’ rights are at the top of the agenda for the Poduschka team. TEXT: CORNELIA BRELOWSKI I PHOTOS: PODUSCHKA
Three locations in Linz, Vienna and Schwertberg make the Poduschka law firm locally available for investors throughout Austria. Managing director and partner Michael Poduschka has repeatedly been ranked as one of the top Austrian investor advocates. He was nominated Trainer of the Year in 2011 and has published a book on the everyday basics of contractual law. Most relevant in his work is the support of clients involved in the recent mass action lawsuits against the German VW group emissions scandal, also called ‘Dieselgate’. The office provides a one-off free consulting service for any injured party and encourages individual parallel actions in 98 | Issue 46 | January 2017
addition to the European-wide collective redress. Michael Poduschka and his wife Claudia Poduschka co-founded the firm in Linz in 1996 and later expanded all over East Austria. The Poduschka team supports private and corporate clients who have lost money through investments due to deficient financial advice through banks, auditors and counselors. Misleading marketing brochures or a faulty capital market prospectus can also lead to immense problems for investors. Here, the Poduschka team steps in. Over the last years, Michael Poduschka has represented over 8,000 clients regarding investment products matters alone and is
deemed one of Austria’s leading experts in the field. The annual ranking has put him amongst the top ten in 2016 for the fifth time. His top-ranking position further substantiates his expertise which he shares as a frequent contributor at the Austrian lawyers’ academy. He is also a member of the European Lawyers’Association and is leader of the Austrian delegation. The field of investment fraud in relation to corporate bonds, shares and the ‘grey’ market in general will remain top of the list for the Poduschka law firm in 2017. New fields of significance are cartel damage claims (keyword: truck cartel) as well as the increasing trend to opt out of life insurance policies. Be it investors rights, personal claims or insurance issues, Poduschka lawyers help their clients getting out of the deal, with a handsome plus. www.poduschka.at