The Legal 500

Siegler Law Office/Weil, Gotshal & Manges

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

Banking and finance

Within Banking and finance, Weil, Gotshal & Manges LLP is a second tier firm,

Siegler Law Office/Weil, Gotshal & Manges advises global investment firms, international banks, and Hungarian corporates on acquisition finance, private placements and loan restructuring. It recently advised CBS Property on the €30m refinancing of its Hungarian real estate portfolio. David Dederick’s group demonstrates ‘in-depth industry knowledge’ and ‘a clear understanding of clients’ needs’.

Capital markets

Within Capital markets, Weil, Gotshal & Manges LLP is a first tier firm,

Siegler Law Office/Weil, Gotshal & Manges operates to a ‘high, professional standard’ and ‘quick response times’, and has an ‘effective network’, helping to make it one of the leading players in equity capital markets. It advises Hungarian corporates and major banks including K&H Bank and OTP. Bond programmes and IPOs are key areas of focus for Konrád Siegler, who has ‘broad experience in the field of capital markets’.

Competition

Within Competition, Weil, Gotshal & Manges LLP is a second tier firm,

Siegler Law Office/Weil, Gotshal & Manges’ market-leading M&A practice is the driving force behind the firm’s competition work. László Nagy recently assisted FHB Jelzálogbank Nyrt with clearance issues relating to its acquisition of shares in Allianz Bank, and continues to represent Heineken in a GVH investigation.

Dispute resolution

Within Dispute resolution, Weil, Gotshal & Manges LLP is a first tier firm,

Siegler Law Office/Weil, Gotshal & Manges’ responsive team has a good record for large Hungarian corporates, having recently won five cases for MOL and three for Magyar Telekom before the Metropolitan and Appellate Courts. László Nagy’s team has also been advising the Hungarian state on contentious matters.

Energy

Within Energy, Weil, Gotshal & Manges LLP is a second tier firm,

Siegler Law Office/Weil, Gotshal & Manges’ impressive client list includes government bodies and leading energy companies. Working closely alongside Czech colleagues, the team of five recently acted for CEZ on a joint venture with MOL. The group also advised on regulatory issues relating to a 800MW power plant. Other clients include the Hungarian Ministry of National Development and MVM Trade Villamosenergia Kereskedelmi. László Nagy leads the team.

Mergers and acquisitions

Within Mergers and acquisitions, Weil, Gotshal & Manges LLP is a first tier firm,

Siegler Law Office/Weil, Gotshal & Manges’ strong relationship with energy groups, private equity firms and construction companies has resulted in a steady flow of transactional work for the three-partner team. László Nagy continues to advise longstanding client MOL on takeover defence; the ‘experienced’ Konrád Siegler advised FHB Jelzálogbank on its planned acquisition of all shares in Allianz Bank Hungary; and David Dederick advised French developer Vinci Group on its bid for Hochtief Airport AG. Clients applaud the firm’s ‘broad acquisitions expertise’, ‘extremely quick response times’ and ‘effective network’.

Project finance

Within Project finance, Weil, Gotshal & Manges LLP is a first tier firm,

Siegler Law Office/Weil, Gotshal & Manges’ projects team advised Montport Capital and Adriatic Marinas on their roles in the €300m financing of a luxury marina development in Montenegro, a matter supervised by David Dederick. Konrád Siegler assisted Globe Trade Centre on revising an existing €55m project finance agreement. Name partner Konrád Siegler heads the team.

Real estate and construction

Within Real estate and construction, Weil, Gotshal & Manges LLP is a second tier firm,

Siegler Law Office/Weil, Gotshal & Manges’ transactions-focused real estate group is headed by the ‘uniquely insightful’ David Dederick, who provides ‘outstanding senior support’. He recently advised Vinci Group on the purchase of Hochtief Airport. The team also acted for GTC on the €45m development of a commercial centre in Bulgaria. Konrád Siegler is also recommended.

TMT

Within TMT, Weil, Gotshal & Manges LLP is a second tier firm,

David Dederick heads Siegler Law Office/Weil, Gotshal & Manges’ eight-lawyer team. Instructions included handling programming service agreements for HBO Central Europe and advising Magyar Telekom Nyrt on regulatory matters.


Legal Developments in Hungary

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