Partos & Noblet in co-operation with Hogan Lovells International LLP > Budapest, Hungary > Firm Profile

Partos & Noblet in co-operation with Hogan Lovells International LLP
GERBEAUD HOUSE
VÖRÖSMARTY TÉR 7/8
1051 BUDAPEST
Hungary

Hungary > Banking, finance and capital markets Tier 2

Displaying expertise across such sectors as energy, retail and real estate, the banking and finance team at Partos & Noblet in co-operation with Hogan Lovells International LLP specialises in advising multinational financial institutions and corporates on acquisition finance, refinancings, secured and unsecured lending, bilateral and syndicated loans, senior and mezzanine loans, subordinated debt and insolvency matters. The practice is led by international banking finance specialist Sándor Békési. Gábor Kószó provides key transactional support, assisting both borrowers and lenders.

Practice head(s):

Sándor Békési

Other key lawyers:

Gábor Kószó

Key clients

JR AMC

Magyar Cetelem Zrt. (part of BNP Paribas)

CES Energy Solutions Corp

Hamm Reno Group

Ovivo Inc.

National Bank of Canada

Work highlights

  • Advised JR AMC, a South Korean real estate investment trust, on the prolongation of a real estate acquisition finance loan provided by a Hungarian commercial bank in relation to JR AMC’s acquisition of the Nordic Light office building in Budapest, Hungary.
  • Advised Hamm Reno Group in relation to the Hungarian law governed securities provided as part of a global financing agreement.
  • Advising Ovivo Inc. as borrower and National Bank of Canada, on the amendment and restatement of an existing international financing on Hungarian law elements and finance document issues.

Hungary > Commercial, corporate and M&A Tier 2

Partos & Noblet in co-operation with Hogan Lovells International LLP channels the expertise of its corporate, commercial and M&A team, to advise financial institutions and domestic and multinational corporates involved in complex, cross-border transactions. With an active client base spanning such sectors as retail, energy, biotech, transport, media and real estate, the practice’s full offering covers matters ranging from M&A, restructurings and joint ventures to corporate governance and regulatory compliance. The team is led by László Partos; multi-jurisdictional M&A expert Christopher Noblet; private equity transaction specialist Sándor Békési; and Ákos Kovách, who brings strength to structuring investments and divestments. Key support is provided by Gábor Kószó, who is skilled in regulatory issues.

Practice head(s):

László Partos; Christopher Noblet; Sándor Békési; Ákos Kovách

Other key lawyers:

Testimonials

‘We have been working with Partos & Noblet in co-operation with Hogan Lovells for a number of years. The team, led by Sandor Bekesi, has been always available and very responsive with experts in all the fields we needed. We can definitely strongly recommend them.’

‘Sandor Békési is probably the best M&A lawyer in town.’

Key clients

iO Partners

Group of investors

Alstom Transport

TI Fluid Systems

Sastaholm Zrt.

Bureau Veritas

CES Energy Solutions

Sun Life

Work highlights

  • Advised the management of the Paprika Studios group in the CEE region in relation to the management buyout of the Paprika Group companies in the CEE region from Viaplay.
  • Advising a group of investors in relation to their exit from Omixon Biocomputing Kft and the sale of their shareholding to Werfen S.A.
  • Advised TI Fluid Systems on the Hungarian law matters in relation to the acquisition of 100% interest in a Hungarian automotive supplier company from Cascade Engineering Inc.

Hungary > Competition Tier 2

Partos & Noblet in co-operation with Hogan Lovells International LLP standalone competition law practice is highly regarded for its comprehensive expertise, advising clients across all areas of competition law, including merger control structuring and filings, high-profile cartel cases and multi-disciplinary matters involving the EU and regulatory advice. The practice benefits from seamless collaboration with other Hogan Lovells offices, forming cross-border teams for complex mandates. The team is led by Ákos Kovách, who regularly advises major international companies on significant cases and boasts extensive competition law expertise. András Multas provides valuable support on mergers, cartels and unfair commercial practices, representing clients effectively in both court and administrative proceedings.

Practice head(s):

Ákos Kovách

Other key lawyers:

Testimonials

‘Competition law and merger control are the areas in which their team is exceptional.’

‘Ákos Kovách is a knowledgeable and client-focused expert on competition law. I would recommend him. He is persistent and precise both before courts and the competition authorities.’

‘Proactive approach in terms of strategy, including good knowledge of the market, key players and different stages of the proceedings before the competition authority.’

‘Akos Kovach is an excellent expert, proactive and pragmatic and a solution-maker.’

‘Ákos Kovách is a well-trained competition lawyer with years of experience.’

‘The team stands out for its professionalism, good communication and the ability to present information on time and in a clear manner.’

‘Ákos Kovách stands out for his exceptional professional background in the competition legislation, excellent knowledge and experience in the field, but also for his quick availability and response to clients’ requests.’

‘Ákos Kovách is a very good competition lawyer with solid knowledge.’

Key clients

BNP Paribas Personal Finance

TI Fluid Systems

MEDIREX

Tom Market

Pek-Snack

GymBeam

NEPI Rockcastle

Yves Rocher

Magyar Cetelem Bank

AMC Networks

Work highlights

  • Advising BNP Paribas Personal Finance as the shareholder of Magyar Cetelem Bank in relation to the merger control proceedings of a major transaction on the Hungarian banking market.
  • Advising MEDIREX, a Hungarian medical device distributor company in ongoing court procedures (in front of the Curia, the Hungarian Supreme Court) initiated based on the judicial review request submitted against the decision adopted by the Hungarian Competition Authority for alleged cartel in public procurement procedures.
  • Advising and representing GymBeam, a sports nutrition and nutrition supplements manufacturer and distributor in Central and Eastern Europe, in relation to an investigation conducted by the Hungarian Competition Authority in Hungary for their market behaviour and alleged misleading practices.

Hungary > Real estate and construction Tier 2

Partos & Noblet in co-operation with Hogan Lovells International LLP provides comprehensive legal services in the real estate sector, advising on transactions, leasing, management issues, construction matters, disputes, financing and fund-related work. The firm supports clients across retail, office, industrial and residential sectors. Co-head Christopher Noblet brings significant expertise in cross-border transactions within the CEE region, while co-head Sándor Békési specialises in sale, purchase and leasing transactions, as well as major construction and contentious matters. Dóra Szilas plays a key role, focusing on retail, hotel and office leasing, as well as industrial and logistics projects, offering tailored advice across diverse real estate matters.

Practice head(s):

Christopher Noblet; Sándor Békési

Other key lawyers:

Testimonials

‘The firm is renowned for its excellent service and solutions-driven approach. In a market where transparency is not always apparent and where there is a tendency for lawyers to highlight barriers to a deal rather than how they can be overcome, the firm’s approach is invaluable.’

‘Christopher Noblet is an outstanding lawyer from both a commercial and ethical perspective. In a market where many believe their role is to find problems, Christopher understands his role is to deliver effective solutions.’

‘The team has been nothing but exceptional in every aspect one would expect from a law firm for an international investor looking to invest in Hungary. The team is always accessible and up-to-date on all matters within the investment/management process.’

‘Sándor Békési is very proactive and always thinking ahead of the next step. He is very detail-focused, which along with his proactive attitude, makes the client feel that nothing is being missed and in good hands. Sándor is reachable throughout the clock which is especially important for international clients with a time difference. He is a great negotiator who fully understands the needs of the client and is also capable of picking out the smallest of details in negotiations. I would not like to be sitting across the negotiation table from him.’

‘Focusing on client demands, understanding it quickly, offering their own experience with certain business groups is a very positive feature of the law firm.’

‘One of the strengths of the team is the very short reaction time whenever they are contacted. What is unique is that they are truly trusted advisors and they take into account all and any aspects of a legal matter. They have a complex approach and always have a long-term strategy. There is a good cohesion in the need and they represent a high level of professionalism.’

‘The team can provide high-level solutions/advice in all legal aspects that may arise in the field of real estate management. Specialised colleagues have in-depth knowledge and experience in their fields. Each colleague speaks excellent English and has outstanding negotiation skills. They always consider the full picture and real teamwork describes their approach. They always provide precise, high-quality work and keep deadlines.’

‘Dóra Szilas Sándor Békési are always at our prompt service from the smallest to the big-scale requests. They provide the highest professionalism in their work and have an innovative approach towards different matters. They are both very nice people on a personal level as well which is an add-on to our daily cooperation.’

Key clients

NEPI Rockcastle

Mapletree

JR AMC

AEW

(DWS) Deutsche Asset Management

Ovivo Group

Work highlights

  • Advising Mapletree on various matters at its logistics warehousing sites at Batta and Üllő.
  • Advised JR AMC on their debut investment in Central Eastern Europe, the acquisition of the Nordic Light Trio building from Skanska and also on other potential investments in Hungary.
  • Advising AEW’s local entities on leasing and other matters in relation to its office building at Andrássy út 11 and 12.

Hungary > Employment Tier 4

Partos & Noblet in co-operation with Hogan Lovells International LLP advises on all aspects of Hungarian employment law, including contracts, compliance and GDPR-related privacy policies. They also handle employment litigation. Led by Christopher Noblet, with András Multas advising international clients on sensitive employment and data protection matters, the practice delivers comprehensive support on both local and cross-border issues.

Practice head(s):

Christopher Noblet

Other key lawyers:

Key clients

VAJDA-PAPÍR

Louis Vuitton

Texas Instruments

Yves Rocher

Work highlights

  • Assisting Texas Instruments regarding full-scale HR/employment assistance, including sensitive termination matters.
  • Assisting LVMH Perfumes & Cosmetics regarding full-scale HR/employment assistance, including sensitive termination matters.
  • Assisting VAJDA-PAPÍR Kft. regarding full-scale HR/employment assistance, including employment termination issues.

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.

Department Name Email Telephone
Antitrust and competition
Capital markets
Employment
Litigation
Financial institutions
Mergers and acquisitions
Private equity
Real estate
Insurance
TMT
Photo Name Position Profile
Ákos Kovách photo Ákos Kovách Counsel
Christopher Noblet photo Christopher Noblet Associated Partner
Number of lawyers : 2,500+
English
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