Several major law firms have bagged roles following Austrian property group and Selfridges co-owner Signa files for administration.

The Vienna-based holding company owns a host of real estate and retail business across the U.S. and Europe, including New York’s Chrysler Building as well as department store chains Galeria, KaDeWe and a minority stake in London’s Selfridges. According to reporting, the company had outstanding debts of approximately €5 billion.