DOROTTYA UCTA 6.,, BUDAPEST H-1051, HUNGARY
What we say about the firm's legal practice in Hungary
Banking and finance
Within Banking and finance, Baker & McKenzie is a second tier firm,
Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie displays ‘good teamwork’ and provides ‘an excellent level of service’. It acts for Hungarian commercial banks on domestic and foreign interests, and also recently assisted Bank of China (Hungária) Hitelintézet Zrt with regulatory and finance issues surrounding Wanhua International Resources Company’s acquisition of BorsodChem Zrt. JPMorgan Chase Bank instructs the firm on film financing. Pál Takács heads the group.
Capital markets
Within Capital markets, Baker & McKenzie is a second tier firm,
Recognised for its ‘excellent levels of service’, Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie advises multinational banks and publicly listed companies on capital markets transactions. Dusán Lásztity and Pál Takács are the team’s two partners.
Competition
Within Competition, Baker & McKenzie is a first tier firm,
Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie’s six-lawyer team acts for major Hungarian companies and multinationals in merger control proceedings and cartel investigations. Zoltán Hegymegi-Barakonyi represented Allianz Hungaria Insurance in preliminary reference proceedings to the European Court of Justice (ECJ), and Péter Vörös advised a biofuels company on a proposed acquisition. Clients note that the team provides good value for money.
Dispute resolution
Within Dispute resolution, Baker & McKenzie is a second tier firm,
Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie has been particularly active in consumer protection and contractual disputes. It is advising the Hungarian subsidiary of a car manufacturer in arbitration pursuant to a product recall.
Employment
Within Employment, Baker & McKenzie is a first tier firm,
Ákos Fehérváry leads Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie’s seven-lawyer team, which recently advised a global retailer on trade union issues and collective redundancy. Another area of focus is representing employers in litigation against former employees.
Energy
Within Energy, Baker & McKenzie is a second tier firm,
Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie’s energy team has ‘a transactions-based background and a solutions-oriented attitude’, and shows ‘strong drafting skills’. It earns repeat instructions for AES Hungary, and most recently assisted the electricity giant on a sale of distressed energy assets. Pál Takács heads the group, which gained MVM as a new client.
Intellectual property
Within Intellectual property , Baker & McKenzie is a second tier firm,
Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie’s compact IP group now numbers three fee-earners following the recruitment of another associate. Zoltán Hegymegi-Barakonyi heads the team, which is advising a Hungarian bakery on multi-jurisdictional brand management and trade mark filings. It has also acted for a leading entertainment and clothing company on customs seizures and a domain name infringement.
Mergers and acquisitions
Within Mergers and acquisitions, Baker & McKenzie is a first tier firm,
Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie is ‘an outstanding firm on M&A transactions’, and is highly regarded for ‘strong drafting skills’ and ‘excellent levels of service’. This ‘diligent’ group recently advised Bank of China (Hungária) Hitelintézet on its acquisition of BorsodChem, and Ákos Fehérváry advised Abbott Laboratories (Hungary) on a complex separation and transfer of business operations following its acquisition of Solvay. Pál Takács and Ines Radmilovic are the practice co-heads.
Project finance
Within Project finance, Baker & McKenzie is a first tier firm,
Pál Takács heads Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie’s four-strong team, which has developed a solid reputation for film financing. Newly promoted partner Dusán Lásztity recently advised MKB Bank on the refinancing of a major shopping centre. The team represents a number of other banks including OTP, Commerzbank and JPMorgan Chase.
Real estate and construction
Within Real estate and construction, Baker & McKenzie is a second tier firm,
Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie advises multinationals and European developers on office lease agreements and restructuring, and on property sales or purchases. Benedek Kovács advised Nokia Siemens Networks on a 14,000sq m office lease and the highly regarded Géza Kajtár advised an international retailer on a significant greenfield site transaction.
TMT
Within TMT, Baker & McKenzie is a second tier firm,
Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie advises several IT and telecoms giants on transactions and also has regulatory expertise, which it brought to bear for Tesco in its role in the realisation of Hungary’s first mobile virtual network operator. Other clients include Google and JPMorgan Chase. Pál Takács leads the team.
Tax
Within Tax, Baker & McKenzie is a first tier firm,
Gergely Riszter heads Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie’s two-partner tax group, which regularly advises large European corporates on regulations, restructuring, VAT, and income tax. Recent instructions include advising a Swiss company on Hungarian tax compliance and representing a worldwide retailer in a corporate tax dispute.
Further information on Baker & McKenzie
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