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Erös Üqyvédi Iroda / Squire Sanders (US) LLP

ROOSEVELT IRODAHÁZ, SZÉCHENYI ISTVÁN TÉR 7-8, 1051 BUDAPEST, HUNGARY
Tel:
Work +36 1 428 7111
Fax:
Fax +36 1 428 7100
Web:
www.squiresanders.com
Email:
West Palm Beach, Washington DC, Warsaw, Tysons Corner, Tysons Corner, Tokyo and 40 more

Hungary : Banking and finance

Within Banking and finance, tier 4

Erös Üqyvédi Iroda / Squire Sanders (US) LLP advises a stable of US and Hungarian clients on banking, new-money financing, refinancing and restructuring matters, including the renegotiation of credit agreements. Ákos Mester and Zsolt Fábián jointly head the team, which counts GE among its clients.

Hungary : Competition

Within Competition, Erös Üqyvédi Iroda / Squire Sanders (US) LLP is a third tier firm,

Erös Üqyvédi Iroda / Squire Sanders (US) LLP specialises in buyer-power cases for clients such as Spar Hungary. Practice head Lajos Wallacher advised Richter Gedeon CEE on EU competition compliance. Other clients include Erste Bank Hungary.

Hungary : Corporate and M&A

Within Corporate and M&A, Erös Üqyvédi Iroda / Squire Sanders (US) LLP is a second tier firm,

Erös Üqyvédi Iroda / Squire Sanders (US) LLP has good experience of handling pan-CEE private equity deals, where it can utilise its large network of offices. Zsolt Fábián acted for a fashion company on a syndicate agreement, and of counsel Andrew Sandor recently advised an Eastern European investor on acquisitions across the aviation, e-commerce and waste collection sectors. Ákos Erős and Ákos Mester are also recommended.

Hungary : Dispute resolution

Within Dispute resolution, Erös Üqyvédi Iroda / Squire Sanders (US) LLP is a third tier firm,

Erös Üqyvédi Iroda / Squire Sanders (US) LLP has an active international arbitration practice, and recently represented a Canadian investment group in an ICSID arbitration. Judit Kelemen acted for Mabofi Holdings in litigation against a Hungarian entity concerning a fraudulent transfer.

Hungary : Real estate and construction

Within Real estate and construction, Erös Üqyvédi Iroda / Squire Sanders (US) LLP is a third tier firm,

Ákos Mester leads the group at Erös Üqyvédi Iroda / Squire Sanders (US) LLP, which advises blue-chip corporates on greenfield investments in Hungary, and acts for tenants on lease renewals. Highlights included advising Audi Hungaria on the development of a factory in northwestern Hungary. Senior associate Csaba Vári counts CA-Immo among his clients.

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Search News and Articles

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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