The Legal 500

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

As well as advising a significant number of the major banks in Hungary, Siegler Law Office/Weil, Gotshal & Manges advised Adriatic Marinas on a major investment project, and, through Konrád Siegler, advised ICFO Systems on a complex bond redemption matter.

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

Capital markets is a core practice area for Siegler Law Office/Weil, Gotshal & Manges, with Konrád Siegler at the helm. It maintains a good relationship with Hungarian oil and gas giant MOL Nyrt, and has advised it on a range of issues including takeover defences. It has also acted for ING Bank and Magyar Telekom.

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

Led by László Nagy, the competition team at Siegler Law Office/Weil, Gotshal & Manges works extensively with the firm’s corporate/M&A practice. It advised high-profile bank FHB Jelzálogbank Nyrt and the Hungarian-Danish media enterprise Infocenter.hu Media Rt.

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

The team at Siegler Law Office/Weil, Gotshal & Manges acted for oil giant MOL in a series of cases. It also acted for Magyar Telekom, the major Hungarian media company, and assisted HBO with various employment disputes.

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

The ‘well-prepared’ and ‘punctual’ energy team at Siegler Law Office/Weil, Gotshal & Manges continues to receive mandates from MOL, and also recently advised Greenergy, a company belonging to the Global Environmental Fund; and MVM, the Hungarian Electricity Works. Konrád Siegler led a team in advising on a major MKB Bank Zrt brownfield power plant investment.

Within Legal market overview,

US firms still have a strong presence in the country, with Réczicza White & Case LLP, Siegler Law Office/Weil, Gotshal & Manges and Kajtár Takács Hegymegi-Barakonyi Baker & McKenzie among the leading firms.

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

The ‘outstanding’ eight-fee-earner team at Siegler Law Office/Weil, Gotshal & Manges has been busy with several energy-related matters. It continued to advise oil giant MOL plc, on a significant acquisition by a Russian gas company, and also advised Mid Europa Partners in its high-profile acquisition of the debt and equity of the Invitel group for close to €700m. The team, led by managing partner David Dederick, has ‘exceptional knowledge of acquisition issues’, and is ‘highly motivated’. László Nagy is a ‘key factor to success’.

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

The ‘well-prepared’ team at Siegler Law Office/Weil, Gotshal & Manges has a longstanding relationship with MKB Bank, regularly advising it on financing issues for construction and development, and also acts for OTP Bank. It recently acted for Commercial Metals in relation to a €90m project financing deal.

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

At Siegler Law Office/Weil, Gotshal & Manges, senior associate Eva Kovacs has returned to the Budapest office after a stint in New York, to head up the six-lawyer practice. The department has worked on mandates all over Eastern Europe, and, led by managing partner David Dederick, recently advised Adriatic Marinas on the first phase of the €300m development of ‘Porto Montenegro’ in Tivat. The team also worked on an equity investment deal for a major US investment group, and assisted Global Trade Center on a number of matters.

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

Siegler Law Office/Weil, Gotshal & Manges bulked up its ‘excellent’ TMT team with the hire of experienced senior associate Klára Horváth, and is noted for its ‘invaluable network’ and ‘good service/performance ratio’. It advised HBO Central Europe in relation to its service in the region, and Irish company Communicorp Group in its battle to get its licence fee reduced in Hungary.