The Legal 500

Within Banking and finance, Szecskay Attorneys at Law is a third tier firm,

Judit Budai heads the team at Szecskay Attorneys at Law, which advises international corporates and investment banks on financing. János Vajda continues to act for K&H Bank in €5.5m litigation.

Within Capital markets, Szecskay Attorneys at Law is a second tier firm,

Szecskay Attorneys at Law handles private placements (arising from inward investment), securities and IPOs for domestic borrowers. The team has a strong track record in transatlantic public offerings.

Within Competition, Szecskay Attorneys at Law is a second tier firm,

Szecskay Attorneys at Law specialises in consumer protection and unfair market practice, and defends clients in investigations by the GVH and the Nemzeti Fogyasztóvédelmi Hatóság (National Consumer Protection Authority). In addition, the group advises Reckitt Benckiser on antitrust matters.

Within Dispute resolution, Szecskay Attorneys at Law is a first tier firm,

Szecskay Attorneys at Law’s ‘really strong’ group represents financial services, natural resources and manufacturer clients in high-value commercial, competition and IP disputes. Practice head András Szecskay is regularly involved in domestic and international arbitration, and he recently advised Richter Gedeon Nyrt in a $40m dispute with a Polish pharmaceuticals company. The team is advising Slager Radio in a $100m matter before the International Centre for the Settlement of Investment Disputes (ICSID).

Within Employment, Szecskay Attorneys at Law is a second tier firm,

Szecskay Attorneys at Law’s practice ranges from collective bargaining agreements and employment contracts to representing CEOs in labour law disputes. Reckitt Benckiser (Magyarország) and SSL Hungary are key clients of Hédi Bozsonyik’s group.

Within Energy, Szecskay Attorneys at Law is a third tier firm,

Szecskay Attorneys at Law played a key role in the privatisation of gas and electricity suppliers in Hungary (advising one of the successful bidders) and represented Pannon Pellet in arbitration with its electricity supplier. Katalin Grósz heads the team.

Within Intellectual property , Szecskay Attorneys at Law is a second tier firm,

Szecskay Attorneys at Law defends clients in patent, copyright and design infringement litigation, especially in the pharmaceuticals industry. Gusztáv Bacher and managing partner András Szecskay recently advised Gedeon Richter in a patent dispute. The team also handles software development agreements and licensing.

Within Legal market overview,

A sluggish year for real estate saw the suspension of a number of retail and office development projects, leaving the modicum of significant deals to be handled by leading firms such as CMS Cameron McKenna LLP and Andrékó Kinstellar. Local powerhouses Nagy és Trócsányi and Szecskay Attorneys at Law continued to lead the way in dispute resolution, which has been one of the buoyant practice areas during the financial crisis. The departure of some foreign businesses has produced challenges and opportunities for key independent firms including Oppenheim, which has been working to build its group and international client base since the departure of Freshfields Bruckhaus Deringer LLP and Lakatos, Köves and Partners, which has seen a drop-off since Clifford Chance left Hungary. Simándi Bird & Bird was renamed Eördögh Bird & Bird after Richárd Eördögh was appointed as the new managing partner to replace Andrea Simándi, who joined Microsoft in January 2012.

Within Mergers and acquisitions, Szecskay Attorneys at Law is a second tier firm,

Widely regarded as Hungary’s ‘strongest local practice’, Szecskay Attorneys at Law advises foreign acquirers in Hungarian M&A transactions involving SMEs or larger entities. Name partner András Szecskay led advice to Škoda Holding on the creation of Ganz-Skoda, and Judit Budai advised Agrifutura Holding AG on divesting Agrifutura and ASI Zr.

Within Project finance, Szecskay Attorneys at Law is a third tier firm,

Szecskay Attorneys at Law represents lenders on project financing. Judit Budai heads the practice.

Within Real estate and construction, tier 4

Szecskay Attorneys at Law is home to a real estate team of ‘very good lawyers with a practical approach and a sophisticated international background’.