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Noerr

FÖ UTCA 14-18., 1011 BUDAPEST, HUNGARY
Tel:
Work +36 1 224 0900
Fax:
Fax +36 1 224 0495
Web:
www.noerr.com
Email:
Warsaw, Prague, New York, Munich, Moscow, London and 8 more

Hungary : Banking and finance

Within Banking and finance, tier 4

Noerr’s small team is representing the Hungarian arm of a multinational company which is a creditor in the insolvency proceedings of a Hungarian agricultural corporation. Zoltán Tenk heads the team.

Hungary : Competition

Within Competition, Noerr is a third tier firm,

Noerr’s two-lawyer team represents the firm’s corporate clients in merger control proceedings and assists with joint venture and distribution compliance issues. Associate Márton Osztheimer heads the team.

Hungary : Corporate and M&A

Within Corporate and M&A, Noerr is a third tier firm,

Noerr advises local companies on acquisitions, and assists international clients with establishing new operations in Hungary or divesting interests in local businesses. Zoltán Tenk recently advised PortfoLion Kockázati Tőkealap-kezelő, OTP Bank’s venture capital fund, on its acquisition of Cryo Management.

Hungary : Dispute resolution

Within Dispute resolution, Noerr is a third tier firm,

Senior associate István Jókay leads Noerr’s team, which acts for various German clients in environmental and commercial litigation. Clients include Hamburger Recycling Group and ROWE.

Hungary : Employment

Within Employment, Noerr is a third tier firm,

Edina Czeglédy leads the two-strong team at Noerr, which regularly advises the Hungarian subsidiaries of the firm’s German clients. It recently acted for Peek & Cloppenburg in a labour dispute, and provides routine employment advice to Siemens’ Hungarian operations.

Hungary : Real estate and construction

Within Real estate and construction, tier 4

Noerr’s team acts for international investors on investments into the Hungarian manufacturing sector such as the expansion of existing production facilities. Clients include Ormand. Zoltán Nádasdy heads the team.

Further information on Noerr

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Search News and Articles

Legal Developments by:
Noerr

  • New Top Level Domains – Noerr expert warns against trademark infringements

    On June 13, the Internet Corporation for Assigned Names and Numbers (ICANN) published the names of those who have applied for a new top level domain the ending of which may be geographic, such as "munich", industry identification such as "insurance" and even all trademark names and company descriptions such as "canon" and "adidas".
    - Noerr

Legal Developments in Hungary

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

  • Hungary: energy regulator restructured and further cuts in utilities prices expected

    In 2013, Hungary has introduced a 10% household utilities price cut in the field of electricity, gas and district heating. To ensure thorough enforcement of the price cuts, the country's energy regulator was restructured and several barriers were set to prevent energy companies from passing on these burdens to consumers.
    - Schönherr

  • Real Estate 2013. Chapter 19: Hungary

    This guide provides the international practitioner and in-house counsel with a comprehensive worldwide legal analysis of the laws and regulations of real estate. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Real Estate; published by Global Legal Group Ltd, London. www.iclg.co.uk )
    - Schönherr

  • Hungary: Amnesty for offshore wealth is over - is there any efficient way to tax it?

    Hungary seeks to impose a 35% withholding tax on offshore assets.
    - Schönherr

  • Lessons from the Most Recent Cross-Border Mergers with Hungarian Participation

    The complicated Hungarian legislation on domestic company mergers can cause headaches, including in cross-border mergers. These headaches result mostly from the fundamental differences between Hungarian law and the national laws of other EU member states, which remain applicable alongside the harmonised rules for cross-border mergers.
    - Schönherr

  • Hungary: Hungary to impose new tax on payment services

    On 9 July, the Hungarian Government adopted Act CXVI of 2012 on Financial Transactions Tax, which levies tax on payment services. The Hungarian government claims that this new tax - which is also being referred to as a "financial transaction levy" - is aimed at supplementing the extraordinary tax levied on Hungarian credit institutions. The tax comes into effect and will be payable as of 1 January 2013.
    - Schönherr

  • HUNGARIAN CASE LAW DEVELOPMENTS IN CARTEL MATTERS

    A recent second instance judgment by the Metropolitan Court of Appeal (“Court of Appeal”) provides some interesting insight into the court’s approach in cartel matters. The case before the Court of Appeal concerned the second instance review of a first instance judgment that annulled certain parts of the decision of the Hungarian Competition Office (the “HCO”).
    - Kinstellar

  • HUNGARIAN REAL ESTATE INVESTMENT TRUST REGIME

    Hungary is the first country in the CEE region to introduce the real estate investment trust (REIT) regime on the back of US and Western European examples. The new REIT regime took effect on 27 July 2011.
    - Kinstellar

  • Implementation of the European Semester

    After the publication of the Annual Growth Survey (AGS) by the European Commission, the Hungarian Presidency undertook to implement the first ever "European Semester" a six-month period of each year in which Member States' budgetary and structural policies are reviewed to identify any inconsistencies and emerging imbalances, so as to facilitate coordination before major budgetary decisions are finalised.
    - Andreas Neocleous & Co

  • LEGAL & TAX | NEWS September 2010

    BANKING & FINANCE  .  REAL ESTATE & CONSTRUCTION  .  PROCUREMENT & REGULATORY  .  EMPLOYMENT & PENSIONS
    - bpv Jádi Németh Ügyvédi Iroda

  • AMENDMENT OF THE FISCAL CODE AND OTHER FISCAL-FINANCIAL MEASURES

    Government Emergency Ordinance no. 58 (the “Ordinance”) for the amendment and completion of Law no. 571/2003 regarding the Fiscal Code (the “Fiscal Code”) and other fiscal-financial measures was published in the Official Gazette of Romania, Part I no. 431 of June 28, 2010. The Ordinance shall enter into force on July 1, 2010.
    - bpv Jádi Németh Ügyvédi Iroda
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