The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

KPMG Legal Tóásó Law Firm

VÁCI ÚT 31, BUDAPEST 1134, HUNGARY
Amstelveen, Amstelveen, Baku, Bogotá, Bremen, Bucharest and 37 more

The firm: KPMG Legal was introduced to the Hungarian legal market in 2016. Bálint is a co-founder of the firm. Fresh from the start we believed that in today's business environment, decision makers appreciate professional advice that goes beyond the traditional legal ramifications of their actions or ideas. Therefore, we have made it to our top priority to deliver integrated legal solutions that simultaneously recognize business priorities and appropriately reflect to others "real life factors". The comprehensive experience of our experts and the collective know-how of KPMG's professional network allows us to satisfy our client's needs in the most efficient way, with all of the advantages of an ultimate one-stop-shop service.

We have a strong belief in approaching legal challenges in an innovative and dynamic way and we have made 'bring your own approach' our firm's mantra. To put it simply, we are committed to the power of discussion and we understand that it will always create the kind of team-work which is essential for the rendering of first-class services. We believe in solutions, instead of bringing up pure legal issues or road-blocks.

Besides the traditional, full-scale legal work, we also put special focus on exploiting the 21st century's new opportunities. Therefore we also pay particular attention to the connection of the law and technological development.

Since its formation, the number of employees has grown significantly to a team of 20+, including 12 attorneys and eight associates. Main areas of practice include Data Protection, Corporate/M&A, Joint Venture Disputes, Compliance, Real Estate, Banking&Finance, Tax Litigation and Labour Law.

Latest deals include:

Data Protection:

  • conducting an external data protection audit at a big ticket financial institution interested in claim management;
  •  a major Hungarian bank;
  •  a major Hungarian energy player;
  • an international manufacturing company regarding their compliance with the new General Data Protection Regulation (GDPR);
  • advising a major German bank on the cross border data collection from its Hungarian financial institution subsidiaries.

Real estate:

  • advising a major Hungarian bank on the restructuring of a high profile NPL involving a real estate portfolio in the amount of EUR 50 million;
    • advising a top 20 Hungarian manufacturing company in relation to its complex real estate project (restructuring, split ownership, sale and purchase transactions);
    • advising an independently operating affiliate of a world-wide car manufacturer giant about the construction of a plant.

Tax litigation:

    • representing a top 20 Hungarian manufacturing company in litigation related to the local business tax;
      • a world-wide car manufacturing giant regarding a multi-billion transfer pricing litigation;
      • a major Austrian property management giant regarding a massive real estate transfer tax matter.

Compliance:

    • advising a well-known multinational company to comply with the Hungarian prudential and consumer protection regulations;
    • providing legal and tax insights to a big ticket telecommunication company on the lawful handling of insurance structures;
    • assisting an honoured electronic component manufacturer to satisfy the relevant Hungarian employment laws on work period.

Labour Law:

    • advising a multinational consultancy company in the field of engineering and technical services in connection with the assignment structure of the company;
    • reviewing the employment contract of an electronic component manufacturer and advising on how to improve these contracts;
    • advising an international outsourcing company in connection with several employment law related litigations;

Corporate/M&A:

    • advising the world’s largest card issuer in connection with the corporate implementation of a global tax restructuring;
    • advising a major Hungarian energy player in relation to the full scope legal due diligence of a significant portfolio of infrastructure companies;
    • advising a major international bank in connection with matters of insolvent liquidation and voluntary dissolution;

Joint Venture Disputes:

    • advising a real estate JV partner on the dissolution of its partnership, including the due diligence of the real estate portfolio;
    • JV partner on the dispute related to dividend payments and the envisaged dissolution of its partnerships from numerous companies.

Above material supplied by KPMG Legal Tóásó Law Firm.

Legal Developments in Hungary

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