CERHA HEMPEL Dezso & Partners > Budapest, Hungary > Firm Profile

CERHA HEMPEL Dezso & Partners
FÖ U 14-18
1011 BUDAPEST
Hungary

Hungary > Competition Tier 2

In late 2020, CERHA HEMPEL Dezső & Partners made a significant investment in its competition practice by hiring senior attorney (and unfair trade practices specialist) Boglárka Priskin from the Hungarian Competition Authority. Running parallel to its strong capability in contentious matters before the Hungarian Competition Authority, the firm is also handling more non-contentious instructions and expanding its capabilities in merger filing and clearances, state aid and consumer protection. Tamàs Polauf  and Márton Kocsis co-head the practice, which is praised for its ‘outstanding knowledge of local law, great local relationships and client management skills’.

Practice head(s):

Tamás Polauf; Márton Kocsis

Other key lawyers:

Testimonials

‘Excellent knowledge. Reliable. Professional.’

‘Outstanding knowledge of local law, with great local relationships and client management skills.’

‘Márton Kocsis and Tamás Polauf – both outstanding lawyers from a competition law and FDI perspective.’

‘Availability and diversity of professional knowledge are Cerha Hempel’s greatest advantages.’

‘Tamás Polauf, Márton Kocsis and Boglárka Priskin all have impressive knowledge of their field.’

‘The competition branch of Cerha Hempel is exceptional. It contains an adequate number of experts coming from several fields. This diversity greatly helps in solving difficult problems, this is Cerha Hempel’s main highlight.’

‘It is hard to choose, but maybe Tamás Polauf, Márton Kocsis and Boglárka Priskin are the three colleagues who impress me the most. They have a very practical knowledge of the actual practice of the local competition authority.’

‘Both Márton Kocsis and Boglárka Priskin are good experts and it is nice to work with them.’

Key clients

Vagyonvédelem 2000 Kft.

PHOENIX Group Hungary

MKB Bank Nyrt.

METRANS Hungary

Sonepar Magyarország Kft.

Bauhaus Szakáruházak Bt.

CISCO Systems Inc.

Alza.cz a.s. and Alza.hu Kft. (Alza Group)

SPAR Hungary

Work highlights

  • Advising Phoenix Group on various competition law issues during its daily operation and representing PHOENIX in an over-all sectoral competition supervision proceeding before the Hungarian Competition Authority.
  • Introducing and maintaining a complete compliance system for METRANS Hungary.
  • Advising MKB Bank on several competition law related matters.

Hungary > Banking, finance and capital markets Tier 3

CERHA HEMPEL Dezső & Partners‘ banking practice has traditionally focused on assisting German-speaking clients (both borrowers and lenders) with real estate project finance transactions, as well as advising Hungarian companies and local subsidiaries of regional multinationals on corporate finance deals. The practice has continued to develop its offering in restructuring and refinancing, debt recovery and insolvency, particularly in the field of foreign currency denominated consumer financing. Edina Nagy stands out for her expertise in project finance, restructuring and banking litigation. Andrea Presser is recommended for regulatory mandates.

Practice head(s):

Edina Nagy; Andrea Presser

Testimonials

‘Very well known and highly appreciated law office – great individuals and a good team as well.’

Super-responsive, supportive, proactive.’

Key clients

Raiffeisenlandesbank Oberösterreich AG

Erste Group Bank AG

Omnibus Hungária Kft.

Osmotica Pharmaceuticals

Tungsram Operations

AWP P&C S.A. Hungarian Branch (Allianz)

Ober Lízing Kft.

Infogroup Zrt.

UniCredit Bank Hungary Zrt.

XXXLutz-Group

Work highlights

  • Advised XXXLutz Group, one of the world’s largest furniture retailers, in connection with the purchase of the furniture stores of Kika, another furniture retailer, in Hungary, the Czech Republic, Slovakia and Romania, including the financing of the purchase
  • Advising Tungsram Operations on a continuous basis regarding its financing arrangements, including matters such as credit facility agreements, factoring and reverse factoring agreements, cash pooling, treasury and derivatives arrangements.
  • Advising Erste Group Bank AG in several real estate project finance transactions.

Hungary > Commercial, corporate and M&A Tier 3

CERHA HEMPEL Dezső & Partners has a growing corporate client base, with new instructions from major players in the IT, telecoms, manufacturing, renewable energy and private equity industries. Andrea Presser has 25 years of experience in cross-border and domestic M&A, and she also undertakes a significant amount of restructuring work. Zita Albert has ‘great experience in M&A transactions of all sizes and complexity‘ and she co-heads the team with Presser. András Kauten, who made counsel in 2021, is also recommended.

Practice head(s):

Andrea Presser; Zita Albert

Other key lawyers:

Testimonials

Very proactive and easy to deal with. Kept us informed throughout. Lots of energy and drive and a real pleasure to work with generally.’

‘Widespread experience in M&A and knowledge of best practices. Experienced in deal specific drafting requirements.’

‘Zita Albert has great experience in M&A transactions of all sizes and complexity. She has a pragmatic approach and a business acumen that makes her support in transactions extraordinarily efficient. Zita manages her team very well and they provide together efficient support with high proficiency.’

‘Zita Albert – very professional, engaging and generally on top of the whole process. We felt in safe hands. Work always prepared to a good standard and on time.’

Key clients

Telenor Magyarország Zrt. (member of PPF Group)

CETIN Zrt.

Cisco Systems, Inc

VOLÁNBUSZ Zrt.

discoverIE Europe Holding BV

JRD / Prima Energy s.r.o.

Work highlights

  • Continued to advise Telenor Zrt, the second biggest mobile operator in Hungary, on the separation of its entire business in the course of which a new technology infrastructure company has been established, which is the first telecommunication infrastructure company in Hungary. The transaction consisted of a demerger, a complex asset deal and the liquidation of the current service provider company of the Telenor Group in Hungary and in other jurisdictions.
  • Advised Cisco Systems, Inc., one of the world’s leading technology companies, on the acquisition of the majority of the assets of the Hungarian company, Banzai Cloud Zrt., a developer of application networking tools concerning service mesh deployment and workload infrastructure management.
  • Advised discoverIE Group plc, which is a word leading company producing innovative components for electronics applications listed on the the London Stock Exchange, in relation the acquisition, from three German private individuals, of 100% of the shares in Hungarian Limitor Hungária Kft, active in the same business sector. The client simultaneously acquired from the same sellers the German Limitor GmbH.

Hungary > Data privacy and data protection Tier 3

CERHA HEMPEL Dezső & Partners approaches data privacy from an IT standpoint. A key specialism of the practice is in the implementation of technical data protection measures (including the requirements of the NIS Directive) and advising on  data-related issues within IT projects, such as IT outsourcing, digitisation, IoT, big data and the use of new technologies. Lead partner Tamàs Polauf is supported by senior associate Eszter Bohati, who joined from Wolf Theiss Faludi Erős Ügyvédi Iroda.

Practice head(s):

Tamás Polauf

Other key lawyers:

Testimonials

‘The data protection team provides a quick and professional legal advice, whenever requested. Their team is able to cover all the different aspects of the area, whether the client is a private or a public entity. Their advice is clearly written, also describing the alternative solutions, if any.’

‘The team is very responsive and skilled in their legal advice.’

‘The team has strong knowledge in the area and they collaborate well with clients.’

‘All the employees are experts, correct, reliable and polite.’

Key clients

AWP P&C S.A.

Bauhaus Szakáruházak Kereskedelmi Bt.

Evobus Hungária Kft.

Hoerbiger Service Hungaria Korlátolt Felelősségű Társaság

Nemzetközi Vállalatok Magyarországi Társasága

Okkal Dobban Alapítvány

Uniqa Raiffeisen Software Service Kft.

Ober Pénzügyi Lízing Zrt.

Work highlights

  • Continuing to assist BAUHAUS with every aspect of data protection in the everyday activity of the company with regard to its services, brick-and-mortar stores and webshops.
  • Advised EvoBus on certain privacy issues, such as its call centre’s lawful processing of recordings of complaints, the automation of the call centres, and about the protocol for providing copies of the recorded calls.
  • Assisted UNIQA Raiffeisen Software Service Kft. with its GDPR project as a whole, and since then, the firm has provided help to URSS in connection with its privacy or tech related (e-signature) questions on a regular basis.

Hungary > Dispute resolution Tier 3

CERHA HEMPEL Dezső & Partners is active in litigation arising from high-value construction projects and other developments, with a specialism in cases involving FIDIC-based (and other) construction contracts. It is also developing its public procurement disputes practice, and regularly acts for creditors in bankruptcy procedures and enforcement of claims against the shareholders and company directors of bankrupt companies. Litigator Ilona Rónay-Csordás and construction head András Fenyőházi are key lawyers.

Practice head(s):

Ilona Rónay-Csordás; András Fenyőházi

Key clients

Swietelsky Magyarország Kft (Swietelsky)

Porr GmbH

WashTec GmbH

SPAR Magyarország Kft.

Agro-Pacht Kft.

Dessewffy utca 32 Hotel (Feneberg Group)

KÁTA CNC Kft.

KÁTA CNC Kft.

Alza.cz a.a

Alza.hu Kft.

Work highlights

  • Representing Swietelsky for more than two decades in various construction projects, litigation and arbitration disputes.
  • Advising Porr on complex claim management cases.
  • Representing SPAR Magyarország in high-profile litigation.

Hungary > Real estate and construction Tier 3

Led by Wilhelm Stettner, CERHA HEMPEL Dezső & Partners' real estate practice is a strong choice for land and property sales and acquisitions. Although the firm has historically focused on commercial assets, it has also seen a flurry of new instructions in relation to agricultural land purchases. The firm is also adept at property management, advising both landlords and tenants in the office, retail, logistics, university/student halls and hospitality sectors. Real estate financing, refinancing and restructuring mandates are also drivers of activity for the team. Stettner also acts for clients in construction disputes. András Fenyőházi is the name to note for construction and property development mandates.

Practice head(s):

Wilhelm Stettner

Other key lawyers:

Testimonials

‘They are the master of details, have a strong client focus.’

‘We have worked with Wilhelm Stettner, the head of the real estate practice group. Mr. Stettner is highly client-oriented and very experienced, moreover he is highly respected on the market too.’

Key clients

CA Immobilien Anlagen AG

Patrizia Immobilien AG

value one Holding AG /MILESTONE

Galleon Capital Management GmbH

SPAR Group

Tungsram Group

Raiffeisen Ingatlan Alap (Raiffeisen Real Estate Investment Fund)

InfoGroup

PORR GmbH

MH Consulting Kft.

Wigan Acquisitions Group

Work highlights

  • Advising Bauhaus in the development of two hardware stores in Budapest, Hungary.
  • Continuing to advise CA Immobilien Anlagen AG, a market leader Austrian real estate developer and investor regarding the management of its entire Hungarian portfolio.
  • Advised Patrizia Immobilien AG as lessor on the conclusion of the COVID-19-related amendment of the lease agreement of a 4-star hotel in Budapest.

Firm overview: CERHA HEMPEL is one of the leading corporate law firms in Central and Eastern Europe with its headquarters in Vienna. With a team of over 200 lawyers, the firm guarantees its clients experience and expertise in all areas of corporate and commercial law, both in Austria and Central and Eastern Europe.

CERHA HEMPEL is proud to be able to look back on a very successful history. Over the past 25 years, CERHA HEMPEL has been involved in a large number of the most significant transactions in Austria. The fact that the firm understands its clients’ businesses has helped CERHA HEMPEL achieve a high rate of success. It is no coincidence that CERHA HEMPEL is the first port of call for a number of long-term clients whom the firm advises comprehensively on all of their day-to-day legal matters. This expertise – combined with the firm’s years of experience in Central and Eastern Europe and its Lex Mundi network – ensures that its clients receive high-quality and sound advice, across disciplines and across borders.

Hungary: CERHA HEMPEL has more than twenty years’ experience in the Hungarian market. Under the leadership of Dr. Attila Dezső, around 40 dedicated legal professionals provide first class legal advice to local and international clients. Over the years and fully integrated into the CERHA HEMPEL team, Dr. Dezső and his team have gained a reputation as leading experts in their fields, and have advised countless international and domestic clients active in Hungary.

DepartmentNameEmailTelephone
Managing Partner, Mergers & Acquisitions, Tax Law, Real Estate & Construction, Antitrust & Competition, Public Law & European Law, Public Procurement Attila Dezsőattila.dezso@cerhahempel.hu+36 1 457 80 40
Managing Partner, Head of Antitrust & Competition, IP & Unfair Competition, Employment Law Tamás Polauftamas.polauf@cerhahempel.hu+36 1 457 80 40
Head of Dispute Resolution, Real Estate & Construction, Corporate, Litigation & Arbitration Attila Marjaiattila.marjai@cerhahempel.hu+36 1 457 80 40
Head of Banking & Finance, Insolvency & Restructuring Edina Nagyedina.nagy@cerhahempel.hu+36 1 457 80 40
Head of Corporate, Mergers & Acquistions, Employment Law Andrea Presserandrea.presser@cerhahempel.hu+36 1 457 80 45
Head of Dispute Resolution, Litigation & Arbitration, Mergers & Acquistions, Real Estate & Construction Ilona Rónay-Csordásilona.csordas@cerhahempel.hu+36 1 457 80 40
Head of Real Estate & Construction, Mergers & Acquistions, Corporate Wilhelm Stettnerwilhelm.stettner@cerhahempel.hu+36 1 457 80 40
Head of Projects & Infrastructure, Real Estate & Construction, Public Law & European Law, Public Procurement Sándor Szterényisandor.szterenyi@cerhahempel.hu+36 1 457 84 01
Mergers & Acquistions Zita Albertzita.albert@cerhahempel.hu+36 1 457 80 40
Contact person in Vienna, Partner Georg Konradgeorg.konrad@cerhahempel.com+43 1 514 35 0
PhotoNamePositionProfile
Zita Albert photo Zita AlbertPartner Co-Head of Corporate M&A Areas of practice: Mergers & Acquistions Corporate…
Attila Dezső  photo Attila Dezső Managing PartnerAreas of practice: Mergers & Acquisitions Tax Law Real estate &…
Attila Marjai photo Attila MarjaiPartnerHead of Dispute Resolution & Real Estate & ConstructionAreas of practice: Real…
Edina Nagy photo Edina NagyPartnerHead of Banking & FinanceAreas of practice: Insolvency & Restructuring Banking &…
Tamàs Polauf  photo Tamàs Polauf Managing PartnerHead of Antitrust & CompetitionAreas of practice: Antitrust & Competition IP…
Andrea Presser photo Andrea PresserPartner Head of Corporate and Mergers & AcquistionsAreas of practice: Banking &…
Ilona Rónay-Csordás  photo Ilona Rónay-Csordás PartnerHead of Dispute Resolution and Litigation & ArbitrationAreas of practice: Litigation &…
Wilhelm Stettner photo Wilhelm StettnerPartnerHead of Real Estate & ConstructionAreas of practice: Mergers & Acquistions Corporate…
Sándor Szterényi  photo Sándor Szterényi PartnerHead of Head of Projects & InfrastructureAreas of practice: Real Estate &…
Number of staff at CERHA HEMPEL : 260
Number of lawyers at the Budapest office : 41
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