Michael Raninger


Areas of Specialisation

  • Financial transactions, including secured and unsecured lending, covenant lite, bonds and securitisations
  • Pre- and post-insolvency financial restructuring
  • Special situations and special opportunities
  • Distressed debt
  • Squeeze-outs of minority shareholders
  • Enforcement

Michael Raninger is a founding partner at Greenlake Legal.

He has extensive experience in advising Austrian, European and international clients in many areas of banking and finance.

He regularly acts for lenders, corporate clients and financial sponsors in financial transactions comprising a multitude of complexities ranging from senior financing to secured leveraged financing to structuring and documentation securitisations and other structured finance transactions.

Michael advises arrangers and issuers in stand-alone debt issuances as well as debt issuance programmes in the context of secured and unsecured senior bonds, hybrid capital as well as regulatory capital bonds issued by credit institutions.

He acts for creditors and debtors in restructuring and insolvency-related matters and has, as such, been involved in many landmark restructurings and insolvencies, including the largest corporate restructurings in Austria, the largest corporate restructuring in Latin America and the only corporate insolvency of an originator of assets underlying asset-backed securities in Austria.


Michael has been active as a finance lawyer for more than 15 years. Before founding Greenlake Legal, he worked for Freshfields Bruckhaus Deringer LLP in Vienna and London for 10 years, and for two Austrian law firms for a total of more than 5 years.

He holds law degrees from the University of Vienna (Mag. iur.), Karl-Franzens University of Graz (Dr. iur.) and King’s College London (LL.M.).

Michael grew up in Austria, the United States and Germany.

"Michael Raninger is the go-to person for corporate finance. He has the ability to summarise complex matters in a very clear and structured way. When negotiating, he is very focused and persistent – and convincing."

Legal500 Ranking for Banking and Finance

"Michael Raninger is highly solution and win-win-oriented; very constructive and creative."

Legal500 Ranking for Banking and Finance

"Very knowledgeable and deal-oriented at the same time. Looking for smart and pragmatic solutions."

Client, Austria

IFLR1000 Client Recommendation 2021

"He is knowledgeable about clients, industry and countries."

Client, Austria

IFLR1000 Client Recommendation 2021