The Legal 500

Horváth & Partners DLA Piper

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

Banking and finance

Within Banking and finance, DLA Piper LLP is a second tier firm,

With the ‘highest level of legal knowledge’, Horváth & Partners DLA Piper’s team of eight fee-earners, led by Péter Györfi-Tóth, provides refinancing and restructuring advice to some of the largest banks in Hungary. It has also been involved in certain acquisition finance deals in the media sector.

Capital markets

Within Capital markets, DLA Piper LLP is a first tier firm,

Horváth & Partners DLA Piper is appreciated for its ‘perfect service’. The firm’s nine-fee-earner team advised local company CIG Insurance on financing and capital structuring matters. Managing partner András Posztl leads the practice. Head of litigation András Nemescsói is advising the CFO and former CEO of major Hungarian energy company PannErgy Nyrt in a case involving insider dealing.

Employment

Within Employment, DLA Piper LLP is a second tier firm,

Helga Fehér leads the four-strong employment team at Horváth & Partners DLA Piper, which advised UTI Hungary on a collective labour dispute as well as reworking collective agreements for Kraft Foods.

Energy

Within Energy, DLA Piper LLP is a second tier firm,

Horváth & Partners DLA Piper has been active on several ongoing large-scale deals. The team advised OMV on the sale of its stake in MOL plc, and also advised IMI International. The team of seven fee-earners provides an ‘excellent service with good response time and acceptable pricing’. The ‘very good and professional’ Gabor Simon is a valuable member of the team, which is led by Andras Posztl.

Intellectual property

Within Intellectual property , DLA Piper LLP is a third tier firm,

The nine-strong IP and technology practice at Horváth & Partners DLA Piper is praised for its ‘good response times and knowledge of the market’, and is led by Mónika Horváth, who is noted for her ‘broad knowledge’. Recent work includes advice on Hungarian data protection requirements for a large US family entertainment and media company, and the team also advised Warner Bros and the Albany Molecular Research Institute.

Legal market overview

Within Legal market overview,

Among the UK firms, Simándi Bird & Bird has proved to be a force to be reckoned with, acting for a raft of impressive clients and dealing with some complex matters, after only two years in Budapest. CMS Cameron McKenna LLP and Horváth & Partners DLA Piper remain strong, while Morley Allen & Overy Iroda has been quieter due to its reliance on the transactional side.

Mergers and acquisitions

Within Mergers and acquisitions, DLA Piper LLP is a first tier firm,

The team at Horváth & Partners DLA Piper is ‘pragmatic’, ‘available 24/7 and responsive’. Practice head Gábor Molnár has ‘impressive negotiation skills’ and a ‘professional approach’. The eight-fee-earner team advised Austrian industrial giant OMV AG on its €1.4bn exit from MOL, and Gazprom is another prominent client.

Project finance

Within Project finance, DLA Piper LLP is a first tier firm,

Horváth & Partners DLA Piper’s team deals with a wide and varied range of matters. The eight-strong team counts the Ministry of Finance and Hochtief Facility Manangement as clients. Practice head Péter Györfi-Tóth recently acted for several governmental bodies on aspects of the construction of a new line on the Budapest metro network, and is also leading the advice to a consortium on the financing for several PPP projects.

Real estate

Within Real estate, DLA Piper LLP is a second tier firm,

Ákos Becher heads up the real estate team at Horváth & Partners DLA Piper, which works extensively with colleagues in the firm’s tax practice. New clients include a major natural resources company, and it also acts for Motorola and life sciences company Beckman Coulter.

TMT

Within TMT, DLA Piper LLP is a first tier firm,

Office head Mónika Horváth leads the TMT team at Horváth & Partners DLA Piper. It advised Warner Bros Productions and Showtime Networks on production matters, and also acted for The Walt Disney Company Limited in negotiations with the Hungarian Cable Association.

Tax

Within Tax, DLA Piper LLP is a second tier firm,

Horváth & Partners DLA Piper has been busy handling work for Beckman Coulter, Adobe Systems and Malév Hungarian Airlines. Ákos Becher heads the department, which grew with the arrival of associate Dávid Bosznay from Ernst & Young.


What we say worldwide

Please choose another DLA Piper LLP office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

United Arab Emirates

Offices in Dubai and Abu Dhabi

Australia

Austria

Offices in Vienna

Belgium

Offices in Antwerp and Brussels

Bahrain

Offices in Manama

Bosnia and Herzegovina

Offices in Sarajevo

China

Offices in Beijing and Shanghai

Czech Republic

Offices in Prague

Germany

Offices in Cologne, Hamburg, Frankfurt, Munich, and Berlin

Egypt

Offices in Cairo

Spain

Offices in Madrid

France

Offices in Paris

Georgia

Offices in Tbilisi

Hong Kong

Offices in Hong Kong

Hungary

Offices in Budapest

Indonesia

India

Italy

Offices in Milan and Rome

Japan

Offices in Tokyo

Kuwait

Offices in Safat

London

Offices in London

Netherlands

Offices in Amsterdam

Norway

Offices in Oslo

North West

Offices in Liverpool and Manchester

Oman

Offices in Muscat

Poland

Offices in Warsaw

Qatar

Offices in Doha and Doha

Romania

Offices in Bucharest

Russia

Offices in Moscow and St Petersburg

Scotland

Offices in Glasgow and Edinburgh

Sweden

Offices in Stockholm

Singapore

Offices in Singapore

South Korea

Slovakia

Offices in Bratislava

Saudi Arabia

Offices in Riyadh

Thailand

Offices in Bangkok

Turkey

Offices in Istanbul

Ukraine

Offices in Kiev

United States

Offices in San Francisco, Seattle, Palo Alto, San Diego (Downtown), Boston, Los Angeles, Tampa, Chicago, Baltimore, Washington DC, New York, Philadelphia, Dallas, Las Vegas, North Carolina, Austin,Texas, Houston, Texas, Reston, Virginia, Minneapolis, Atlanta, La Jolla, Phoenix, Sacramento, San Diego (Golden Triangl, Los Angeles, Silicon Valley, Orlando, New Jersey, and Maryland

Vietnam

West Midlands

Offices in Birmingham

Yorkshire and the Humber

Offices in Leeds and Sheffield

Serbia

Offices in Belgrade

Legal Developments by:
DLA Piper LLP

  • Sentencing guidelines for corporate manslaughter

    In February 2010 the Sentencing Guidelines Council (the SGC) issued definitive guidelines to courts on imposing appropriate sentences for corporate manslaughter and health and safety offences causing death. The SGC states that fines imposed on companies found guilty of corporate manslaughter should not fall below £500,000, while fines in respect of health and safety offences that are a significant cause of death should be at least £100,000. Crucially, the SGC declined to provide for a fixed link between the imposed fine and the turnover or profitability of the offending company.

    - DLA Piper UK LLP

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