Partos & Noblet in co-operation with Hogan Lovells International LLP > Budapest, Hungary > Firm Profile
Partos & Noblet in co-operation with Hogan Lovells International LLP Offices
GERBEAUD HOUSE
VÖRÖSMARTY TÉR 7/8
1051 BUDAPEST
Hungary
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Partos & Noblet in co-operation with Hogan Lovells International LLP > The Legal 500 Rankings
Hungary > Banking, finance and capital markets Tier 2
Sándor Békési leads the banking and finance team at Partos & Noblet in co-operation with Hogan Lovells International LLP in its cross-border advice across the CEE region. The team fields extensive expertise in financial regulation, especially in the retail banking space, and offers advice to international financial institutions on regulatory matters relating to the Hungarian and EU markets. The group demonstrates particular strength in the fintech sector, advising on investments alongside e-consumers and e-money issues. Gábor Kószó’s practice spans both lender and borrower work and includes advice on secured and unsecured lending, bilateral and syndicated loans, and subordinated debt and intercreditor issues.Practice head(s):
Sándor Békési
Other key lawyers:
Key clients
FSCP
Magyar Cetelem Zrt.
GTC S.A.
CES Energy Solutions Corp
Gentherm
Work highlights
- Advised FSCP on its acquisition of a preferred stock in e-money issuer Barion.
Hungary > Commercial, corporate and M&A Tier 2
A partner trio comprising Christopher Noblet, László Partos and Sándor Békési oversees the corporate, commercial and M&A offering at Partos & Noblet in co-operation with Hogan Lovells International LLP. As a dual-qualified lawyer in England and Wales, and Hungary, Noblet bolsters the team’s international practice, playing an active role in transactions across the CEE region and advising on cross-border M&A transactions and joint ventures. Békési has experience in private equity transactions, and is also noted for his stellar real estate-related corporate practice; the team recently noted a concerted increase in corporate and M&A transactions in this sector. Gábor Kószó brings experience in financial regulation and business restructuring to the team.Practice head(s):
László Partos; Christopher Noblet; Sándor Békési
Other key lawyers:
Key clients
Oman Oil
IO Partners
PTC
CES Energy Solutions
Sun Life
Danube Fund
Dunavox
Barion
Magyar Cetelem Bank
Work highlights
- Advising PTC on the Hungarian legal aspects of the acquisition of the Intland Software Group.
- Advised Magyar Cetelem Bank on the acquisition of the commercial and personal loan and credit card portfolio of Oney Bank through a portfolio transfer.
- Assisted WING with the share sale of a project company holding a shopping center in western Hungary.
Hungary > Competition Tier 2
Partos & Noblet in co-operation with Hogan Lovells International LLP has an active antitrust practice, which regularly advises on compliance programs as well as providing dawn raid training. The team also offers merger control advice, from structuring to filing, as well as representing clients in cartel cases. Ákos Kovách , who was promoted to partner in May 2023, heads up the practice. András Multas brings experience in unfair commercial practices to the team, and represents clients in court of all levels.Practice head(s):
Ákos Kovách
Other key lawyers:
Istvan Szatmary; András Multas
Testimonials
‘A small team consisting of talented persons who quickly understand the needs of their clients.’
‘Ákos Kovách is a knowledgeable practitioner; he has an in-depth understanding of complex antitrust issues. At the same time, he is pragmatic, and he can serve his clients with simple and elegant solutions.’
‘Ákos Kovách is an experienced competition lawyer with excellent verbal and written skills.’
‘Ákos Kovách has professionalism.’
‘An excellent well-rounded team, with both technical and sector expertise, as well as commercial pragmatism.’
‘Ákos Kovách is a well-known professional and a really good competition lawyer.’
‘Ákos Kovách has a solid knowledge of competition law and is a really good competition lawyer.’
Key clients
MEDIREX
Magyar Cetelem Bank
BNP Paribas Personal Finance
NEPI Rockcastle
AMC Networks
GymBeam
Yves Rocher
Tom Market
Work highlights
- Representing MEDIREX in ongoing court procedures before the Hungarian Supreme Court which were initiated based on a judicial review request submitted against the decision adopted by the HCA for alleged cartel practices in public procurement procedures.
- Represented Magyar Cetelem Bank in merger control proceedings initiated before the HCA for the acquisition of the commercial and personal loan and credit card portfolio from Oney Hungary.
- Advising BNP Paribas Personal Finance on the merger control implications of a major transaction on the Hungarian banking market.
Hungary > Real estate and construction Tier 2
Working across all asset classes within the sector, including retail, office, industrial and residential, the ‘commercially minded’ real estate team at Partos & Noblet in co-operation with Hogan Lovells International LLP advises on transactional, leasing and management issues. The group’s expertise also covers broader real estate financing and disputes. Christopher Noblet and Sándor Békési jointly lead the practice; the former has particular expertise in cross-border transactions across the CEE region, while the latter specialises in sale and purchase, and leasing transactions, as well as advising on significant construction projects. Dóra Szilas’ is noted for her expertise in the industrial and logistics sectors.Practice head(s):
Christopher Noblet; Sándor Békési
Other key lawyers:
Testimonials
‘The team in Hungary is one of the teams with which I had the best experience in Europe. The team is top-class, whether it is regarding negotiations with counterparties or communication with the client. Also, the team is reachable pretty much 24/7, which is especially important for international clients working in a different time zone.’
‘Sándor Békési has been the main contact point for us. He is someone you don’t want on the other side of the negotiation table. He is very transparent and open to the client and is always a step ahead of the whole process. He is significantly pro-active allowing the client to be comfortable.’
‘Commercially minded and able to understand the base business problem before dealing with the legal documentation.’
‘Great knowledge and quick in response.’
‘Innovative thinking but always keeping clients’ interests and the legislation in mind.’
Key clients
NEPI Rockcastle
Mapletree
JR AMC
AEW
(DWS) Deutsche Asset Management
Ovivo Group
Work highlights
- Advised Mapletree on leasing matters at its logistics warehousing sites at Batta and Üllő, negotiating and arranging the signing of two leases during the lockdown period.
- Advised JR AMC on its acquisition of the Nordic Light Trio building from Skanska.
- Advising AEW’s local entities on leasing and other matters in relation to its office building at Andrássy út 11 and 12, advising the landlord on leasing and construction matters in connection with the full refurbishment of the office building.
Hungary > TMT Tier 3
László Partos leads the TMT team at Partos & Noblet in co-operation with Hogan Lovells International LLP. The practice covers a full spectrum of media and telecoms law, from commercial contracts, to sale agreements, to licensing issues. The group also handles dispute resolution and regulatory work on behalf of its roster of regional and international players.Practice head(s):
László Partos
Key clients
Radio Free Europe (RFE/RL)
AMC Networks CE
TATA Communications
Capture Group
IBM Group
Kyndryl Group
Work highlights
- Advised on the demerger of the IBM Group and the creation of the Kyndryl Group.
- Advised the Capture Group on its European expansion via joint ventures.
- Advising TATA Communications on TMT regulatory matters in Hungary on a continuous basis.
Hungary > Dispute resolution Tier 4
The dispute resolution team at Partos & Noblet in co-operation with Hogan Lovells International LLP is well versed in handling commercial, employment and real estate disputes. The group also specialises in anti-corruption work, and co-head László Partos oversees the firm’s anti-corruption and bribery practice. Partos leads the dispute resolution department alongside Sándor Békési, whose extensive infrastructure experience makes him an established choice for advice on project-related disputes.Practice head(s):
László Partos; Sándor Békési
Testimonials
‘Professional, high attention to detail.’
‘Handle the client as a top priority.’
Key clients
MEDIREX
GE Power
Aviagen
TI Automotive
NEPI Rockcastle
DWS (Premier Outlets)
Work highlights
- Representing MEDIREX in proceedings before the Hungarian Supreme Court following a judicial review request submitted in relation to the decision adopted by the Hungarian Competition Authority for an alleged cartel in public procurement procedures and related administrative court proceedings.
- Representing GE Power in litigation.
- Representing NEPI Rockcastle in real estate-related litigation.
Hungary > Employment Tier 4
Christopher Noblet leads the employment team at Partos & Noblet in co-operation with Hogan Lovells International LLP in its advice on day-to-day employment matters, from contracts and termination notices to employee share programmes and transfers and internal policies. Employment-related data protection and privacy matters are another focus area, and the team also has experience in collective employment matters and mass redundancies. András Multas handles contentious employment mandates, including out-of-court settlements.Practice head(s):
Christopher Noblet
Other key lawyers:
Key clients
VAJDA-PAPÍR
Louis Vuitton
Texas Instruments
Yves Rocher
LVMH Perfumes & Cosmetics
Work highlights
- Providing Texas Instruments with full-scale HR and employment assistance, including sensitive termination matters.
- Providing LVMH Perfumes & Cosmetics with full-scale HR and employment assistance, including sensitive termination matters.
- Providing VAJDA-PAPÍR with full-scale HR and employment assistance, including employment termination issues.
Partos & Noblet in co-operation with Hogan Lovells International LLP > Firm Profile
The firm: Change is happening faster than ever, and legal challenges come from all directions. To stay ahead, organisations need to anticipate what’s next. Hogan Lovells understands this and works together with its clients to solve the toughest legal issues in major industries and commercial centres around the world. With 2,500 lawyers on six continents, Hogan Lovells offers extensive experience and insights gained from working in some of the world’s most complex legal environments and markets for corporations, financial institutions and governments. The firm provides practical legal solutions that help clients identify and mitigate risk and make the most of opportunities.
Whether a client is expanding into new markets, considering capital from new sources, or dealing with increasingly complex regulation or disputes, Hogan Lovells can help.
The firm’s lawyers are straight-talking. They understand and solve the problem before it becomes one. And they deliver clear and practical advice that gets the job done.
A fast-changing and interconnected world requires fresh thinking combined with proven experience. That’s what Hogan Lovells provides. Progress starts with ideas. And while imagination helps at every level, the firm’s legal solutions are aligned with each client’s business strategy. The firm’s experience in cross-border and emerging economies gives it the market perspective to be the global partner of choice for its clients. The team at Hogan Lovells brings a diverse variety of backgrounds and experience which delivers a broader perspective. This ultimately makes for more rounded thinking and better answers for clients. Giving back to communities and society is fundamental to good business. And, it’s part of the firm’s core. Everyone at Hogan Lovells is asked to volunteer at least 25 hours a year as part of their normal work duties.
Budapest office: Hogan Lovells is represented in Hungary by associated office Partos & Noblet, which works in close co-operation with the firm. The Budapest team includes lawyers and legal advisors from Hungary and the UK, who draw on a deep knowledge of the Hungarian legal system and the characteristics of the local market.
The multilingual lawyers work closely with colleagues in central and eastern Europe, the US and Asia. They provide legal advice to a wide range of Hungarian and international financial institutions, real estate developers and investment funds, private equity funds, and clients in the media and telecommunications sectors.
Main Contacts
| Department | Name | Telephone | |
|---|---|---|---|
| Antitrust and competition | |||
| Capital markets | |||
| Employment | |||
| Litigation | |||
| Financial institutions | |||
| Mergers and acquisitions | |||
| Private equity | |||
| Real estate | |||
| Insurance | |||
| TMT |
Lawyer Profiles
| Photo | Name | Position | Profile |
|---|---|---|---|
|
Ákos Kovách | Counsel | View Profile |
|
Christopher Noblet | Associated Partner | View Profile |