The Legal 500

VACI UT 20, BUDAPEST H-1132, HUNGARY

What we say about the firm's legal practice in Hungary

Banking and finance

Within Banking and finance, tier 4

Szabo Kelemen & Partners Attorneys is advising a multinational card issuer on restructuring its Hungarian operations, and an Israeli property developer recently sought advice on a multimillion-euro credit facility.

Dispute resolution

Within Dispute resolution, Szabo Kelemen & Partners Attorneys is a third tier firm,

Szabo Kelemen & Partners Attorneys recently represented Glencore in Hungarian litigation and UK arbitration. Commercial litigator László Kelemen leads the group.

Employment

Within Employment, Szabo Kelemen & Partners Attorneys is a third tier firm,

Szabo Kelemen & Partners Attorneys has been advising an electronic components manufacturer on trade union negotiations and a reorganisation. It is also representing a multinational card issuer on restructuring its Hungarian operations.

Mergers and acquisitions

Within Mergers and acquisitions, Szabo Kelemen & Partners Attorneys is a third tier firm,

Szabo Kelemen & Partners Attorneys advises multinational companies on the Hungarian elements of group-wide mergers and reorganisations, and has recently assisted domestic corporates with de-mergers. ING is a key client.

Real estate and construction

Within Real estate and construction, tier 4

Szabo Kelemen & Partners Attorneys, which is commended for its ‘impressive turnaround times’ and ‘consistently high-quality advice’, acted for a local real estate firm on the multimillion-euro sale of land to a large foreign retailer; and advised an international commodities trader on land purchase and construction matters. Team head László Kelemen is ‘a knowledgeable and proactive lawyer’.

Tax

Within Tax, Szabo Kelemen & Partners Attorneys is a second tier firm,

Tamás Kárpáthegyi leads Szabo Kelemen & Partners Attorneys’ team, which advises the firm’s banking and finance clients on tax regulations.


Legal Developments in Hungary

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • 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”).
  • 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.
  • 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.
  • LEGAL & TAX | NEWS September 2010

    BANKING & FINANCE  .  REAL ESTATE & CONSTRUCTION  .  PROCUREMENT & REGULATORY  .  EMPLOYMENT & PENSIONS
  • 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.
  • Newsletter: Your Legal Key to Hungary

    Changes in the court and authority delivery.
  • EC TRADE MARK LAW IN THE LIFE SCIENCES INDUSTRY AS EXEMPLIFIED BY THE CASE BAYERN INNOVATIV V OHIM

    This article tries to shed light on an important area of trade mark law in connection with a decision recently handed down by the European Court of First Instance (the "CFI"), more specifically with respect to the complex question of similarity between marks and confusion of the public. This question is naturally an issue of fact and evidence and is - to a large extent - imbued with subjectivity. Therefore, new cases brought before the courts always have to be assessed afresh, taking all the surrounding circumstances into consideration, and the outcome can at times be surprising, even for experienced trade mark lawyers.
  • HUNGARIAN DATA PROTECTION LAWS

    TRANSFER BY THE EMPLOYER OF EMPLOYEES' PERSONAL DATA TO THE US FROM THE PERSPECTIVE OF HUNGARIAN DATA PROTECTION LAWS: In this article, we briefly address the issue of what requirements prescribed by Hungarian laws on data protection must be complied with by an employer that wishes to transfer the personal data of its employees to the United States.
  • THE "UNDERGROUND PARKING LOT CASE IN SOPRON"

    The Supreme Court's decision in this Sopron underground parking lot case has been one of the hottest topics in the legal playing field in the past few months. We briefly discuss the decision below, and describe a possible way to solve the problems it has raised.
  • Environment Law 2009: Hungary

    A practical insight to cross-border Environment Law