Firm Profile > DLA Piper > Budapest, Hungary

DLA Piper
CSÖRSZ UTCA 49-51
H-1124 BUDAPEST
Hungary

Banking, finance and capital markets Tier 1

DLA Piper's Budapest-based group has a first-rate reputation, which is reflected in its capabilities across a myriad of matters, including bank financing, bond issues, IPOs and regulatory matters. The sizeable team is jointly led by Péter Györfi-Tóth, Gábor Borbély, András Nemescsói and Gábor Molnár; they have extensive expertise in advising domestic and international banks, state-owned entities and regulators. The scope of their work covers cross-border finance, ECM and DCM transactions, insolvency and banking-related litigation. Also notable is that the firm introduced a web-based knowledge tool, Investment Rules of the World, which provides a summary of key legal questions and answers that may arise in the course of financing or investing in over 35 jurisdictions. Counsel Attila Sári and senior associate Barbara Császár are also recommended.

Practice head(s):

Péter Györfi-Tóth; Gábor Borbély; András Nemescsói; Gábor Molnár

Other key lawyers:

Attila Sári; Barbara Császár

Testimonials

‘Broad international network, large capacity, in-depth knowledge.’

‘Fast, efficient, deep knowledge’

People are skillful, fast response, happy to help outside normal working hours and also when do not have a signed contract

‘Deep knowledge, fast response, organised.’

Key clients

MVM Zrt. (MVM Hungarian Electricity Ltd)

UniCredit Bank Hungary Zrt.

Royal Bank of Canada

Hungarian Eximbank

HB Reavis

Deutsche Pfandbriefbank AG

FMS Wertmanagement Service GmbH

MFB Zrt. (Hungarian Development Bank)

WING Zrt

Raiffeisen Bank Zrt.

Garantiqa Hitelgarancia Zrt

Opus Global Nyrt./ Budapest Stock Exchange Listing

KONZUM Plc

Graphisoft Park SE

Commercial, corporate and M&A Tier 1

Gábor Molnár chairs the corporate and M&A practice at DLA Piper, which leverages its wide network of offices to handle top-end domestic and cross-border mandates. Molnár represents private and public sector clients in the technology, life sciences and manufacturing sectors. Managing partner András Posztl has over 20 years of experience in sales and acquisitions, acting for sellers, purchasers and target companies in the energy space. Gábor Hollós and senior associate Péter Szajlai are recommended for company reorganisations, among other matters.

Practice head(s):

Gábor Molnár; András Posztl

Other key lawyers:

Gábor Hollós; Péter Szajlai

Key clients

ANTENNA Hungária Ltd.

McDonald’s

LAMPO Kft. (owner of POLI-FARBE, a leading Hungarian paint Producer)

Dante International SA

Vanessa Research Magyarország Kft.

Bernard Matthews Foods Limited- SáGa Zrt.

Nemzeti Ménesbirtok és Tangazdaság Zrt.

OTP Real Estate Management Fund

ENI

TMH Hungary Invest Zrt.

Dispute resolution Tier 1

DLA Piper is highlighted for its outstanding offering in gambling disputes, and its other key areas of activity include banking, energy, construction and tax-related cases. David Kőhegyi and Viktor Radics, who have been promoted to the partnership, focus on the settlement of international disputes, particularly investor-state arbitration cases and other high-value litigation and arbitration matters before the Hungarian and European courts. András Nemescsói specialises in financial and corporate litigation, as well as financial regulatory issues, and has recently been appointed to the ICSID Panel of Arbitrators.

Practice head(s):

András Nemescsói; Viktor Radics; David Kőhegyi

Key clients

The Cabinet Office of the Prime Minister

NN Biztosító Zrt.

Ministry of Agriculture and Rural Development / Agency for the Administration of the National Land Fund

Generál Építő Zrt., Hungarian subsidiary of STRABAG AG

Pfizer Gyógyszerkereskedelmi Kft. Hungarian subsidiary of Pfizer Inc.

Tigáz Zrt.

Symmetry Arena Kft.

GVC Holdings

Szerencsejáték Zrt.

PaddyPower Betfair

Projects and energy Tier 1

DLA Piper's Budapest team comprises of project finance partners, energy M&A specialists and regulatory advisers. It leverages the expertise of practitioners in the firm's global network on cross-border instructions and domestic projects. The practice handles the full spectrum of energy mandates, with a niche offering in nuclear power and electromobility, energy supply and distribution contracts. Péter Györfi-Tóth has an extensive and varied background in infrastructure development, financing and restructuring. András Posztl and Gábor Simon act on renewable energy and natural gas transactions and regulatory matters. Counsel Miklós Horváth specialises in infrastructural project finance.

Practice head(s):

Péter Györfi-Tóth; Gábor Simon; Miklós Horváth

Testimonials

‘DLA Piper Hungary provides us with full scope legal advisory services. I appreciate the holistic approach’

Key clients

HUPX Ltd. / CEEGEX Ltd.

MVM Partner Zrt.

MVM Hungarian Electricity Private Limited Company

Tax Tier 1

DLA Piper's tax group acts for clients operating in the technology, real estate, energy and automobile sectors. Ákos Becher and Levente Torma co-head the practice, which offers a full tax advisory and litigation service. It particularly specialises in tax structuring of complex M&A and reorganisations, taxation of financial instruments, employee remuneration schemes, transfer pricing, VAT and EPPC.

Practice head(s):

Ákos Becher; Levente Torma

Key clients

Harman Becker Automotive (Samsung Group)

Synopsys Global Kft.

MFB (Hungarian Development Bank)

TMT Tier 1

DLA Piper undertakes a range of work related to data protection, licensing and TMT transactions. The team, which is headed by Mónika Horváth is praised as 'the pre-eminent media and entertainment practice in Hungary' and has a particularly strong standing in entertainment and film production in part due to its alliance with Los Angeles firm Liner LLP. Horváth acts for technology companies, online retailers, software developers and film production companies on a range of issues ranging from commercial matters through to the structuring and financing aspects of film productions. Counsel Zoltán Kozma advises on technology and data privacy; senior associate Mariann Rajnai  is active in media financing, film production regulation and related commercial advice.

Practice head(s):

Mónika Horváth; Zoltán Kozma

Other key lawyers:

Mariann Rajnai

Testimonials

‘The film / TV team led by Monika Horvath, is without doubt the pre-eminent media and entertainment practice in Hungary. They have a strong commercial understanding of the industry, are user friendly, and pro-active.’

‘They are fully immersed in the film and TV sector in Hungary. They deliver clear commercial advice and guidance.’

Key clients

Pioneer Stillking Claw Kft

Universal Television Emerald Productions LLC

Outside the Wire Ltd. / Pioneer Stillking Wire Kft.

Zed Films Kft

Shadow Films Kft

Rolls Royce Plc.

Cognizant Technology Solutions Hungary Kft.

Antenna Hungária Ltd.

Howmet-Köfém Kft.

Volunteer Pictures Limited UK (See-Saw company) / Pioneer Stillking North Kft.

Competition Tier 2

The competition practice at DLA Piper operates as part of the wider litigation and regulatory group, leveraging cross-departmental expertise in antitrust aspects of corporate transactions alongside an established team of ligators in competition proceedings. The practice is led by András Nemescsói. Senior associate Péter Virág is recommended for his 'ability to think strategically in the context of an investigation' focusing on major cartel and abuse of dominance position cases, often in the banking, telecoms and consumer goods sectors.

Practice head(s):

András Nemescsói

Other key lawyers:

Péter Virág

Testimonials

‘The team consists of a relatively low number of team members and most of the team members are senior. This ensures that proper advice is given in an efficient manner.’

‘Peter Virag, a senior associate is a committed lawyer with a realistic approach and have the ability to think strategically in the context of an investigation identifying and avoiding the traps in a procedure ahead of the traps becoming apparent for the clients.’

Key clients

Antenna Hungária Zrt.

PayPal EU

Dante International SA Dante International Kft.

Júlia Malom Kft.

Hydro Extrusion S.R.L.

Hiventures Kockázati Tőkealap-kezelő Zrt.

MNV Zrt.

Employment Tier 2

DLA Piper is highly regarded for its advice on the employment aspects of acquisitions and corporate restructurings, as well as assisting with day-to-day HR internal policies, contract drafting and litigation. The firm also utilises its GENIE newsfeed application, providing clients with updated employment, pensions and Covid related information in over 55 countries. Helga Fehér regularly advises clients in the aviation, IT, retail, energy and manufacturing sectors. Associate Dóra Bocskov-Szabó provides 'applicable business-oriented, compliant legal advice'.

Practice head(s):

Helga Fehér

Other key lawyers:

Dóra Bocskov-Szabó

Testimonials

‘The DLA employment team is outstanding in the Hungarian market. In addition to the traditional values of a law firm I would point out their project management skills, the firm is assisting us with numerous multi-jurisdictional assessments and projects. ’

‘DLA Piper Hungary is a very competent law firm with a thorough knowledge of Hungarian labour law. They are quick to respond and provide business-oriented advice. It is valuable that I – as a client – can receive legal advice that is doable in practice. ’

‘Senior Associate Dora Bocskov-Szabo is competent, service-minded and provides applicable business-oriented, compliant legal advice. Dora focus on solutions instead of – as a general lawyer weakness – focusing more on restrictions in the legislation instead of finding solutions.’

Key clients

Cognizant

Wizz Air

Howmet-Köfém

Arconic -Köfém

AmRest

British International School Budapest

AVL group

Emirates

Beckman Coulter

LAMPO Kft

Zara / Inditex Group

Xellia Pharmaceuticals

Synopsys

Meltwater

Real estate and construction Tier 2

DLA Piper's 'highly respected real estate team' is a go-to firm for real estate funds and developers. It is experienced in the acquisition and divestment of prime commercial real estate, as was evidenced by it acting for OTP Real Estate Investment Fund Management on the acquisition of the Corvin Offices portfolio of six office buildings from Hungarian developer Future. Szilárd Kui is 'highly regarded for his practical experience in both real estate transactions and developments'. He is recommended for acquisition and leaseback transactions and zoning and planning work. Senior associates Attila Remes and Bettina Boncok are also recommended.

Practice head(s):

Szilárd Kui

Other key lawyers:

Attila Remes; Bettina Boncok

Testimonials

‘DLA has a highly respected real estate team that includes a top-tier divestments, acquisitions and leasing offering. They have extensive experience in assisting institutional real estate investors, including domestic and European funds, with high-stakes transactions.’

‘Szilard Kui is easy going and has a direct and friendly style. He is highly regarded for his practical experience in both real estate transactions and developments. He is widely recognized in the real estate market and has been involved in major transactions involving office and commercial properties.’

‘Bettina Boncok is detail-oriented and meticulous. She analyses all aspects of an issue and excels at managing transactions relentlessly, tracking down all threads and deliverables.’

‘Precision and attention to details on top of flexibility.’

‘Szilard Kuy is a certain rising star in the local market. The guy is spot on’

Key clients

HB Reavis

OTP Real Estate Investment Fund Management

Revetas Capital

TriGranit

UniCredit

Marriott

FLE GmbH

Wing

Equilor Real Estate Fund Managers

Optima

RIMO

Bodycote

Nemzeti Ménesbirtok Zrt.

Data privacy and data protection Tier 3

DLA Piper's Budapest office is fully integrated into the wider firm's pan-European data protection, privacy and cybersecurity department. The team frequently works with the firm's network of offices to handle and coordinate Hungarian audits; GDPR compliance programmes; data loss prevention and breaches; and consumer protection regulations and global data transfer management, among others. The firm also utilises software and apps such as Notify and GDPR Mobile App/Toolkit to support clients with the risk classification of data breaches. TMT partner Zoltán Kozma and IP specialist Mónika Horváth are the key contacts.

Practice head(s):

Zoltán Kozma; Mónika Horváth

Key clients

ANTENNA Hungária Ltd.

Cognizant Technology Solutions Hungary Kft.

Rolls Royce Plc.

Reckitt Benckiser (RB) plc.

Schindler Management AG

Wizz Air Hungary Zrt.

Intellectual property Tier 3

DLA Piper is noted for its involvement in IP matters that are connected with the media, film and entertainment sectors. It recently advised a multinational producer on the copyright clearance and acquisition of film rights of a famous Hungarian novel. Transactional IP, franchising, trade marks and branding are other core areas of activity. Mónika Horváth heads up the practice.

Practice head(s):

Mónika Horváth

Testimonials

‘We were touched by the exceptional professionalism of DLA members not only in intellectual property matters but also in representing the foundation on all kind of legal matters. We have always got precise and useful answers to our questions from DLA people, even when the subject was quite estranged from the normal “range of legal matters” normally dealt with by DLA.’

We were lucky to find DLA Piper and are grateful that we could build and maintain a very good partnership with them.’

Key clients

Ty Inc.

Zero Point Zero Productions Inc

Pioneer Stillking Birds Kft / Amazon Content Services LLC

Csodalámpa Alapítvány (Make a Wish Foundation)

Unipie APP Kft.

Bernard Matthews Foods Limited

Universal Television Emerald Productions LLC (NBCUniversal Television Company) and Pioneer Stillking Treadstone Kft (Pioneer Stillking Films company)

Hocus Pocus Productions Ltd (Netflix company) and Pioneer Stillking Claw Kft. (Pioneer Stillking Films company)

Spin Master

British International School Limited/Nord Anglia Education

Global Co-Chairs: Roger Meltzer and Andrew Darwin
Co-Chief Executive Officers: Simon Levine and Cameron Jay Rains
Number of partners: 1,500
Number of lawyers: 5,000
Languages: The firm speaks over 60 languages
Offices: Lawyers located in more than 60 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific.

Please see https://www.dlapiper.com for further information about the firm.

Photo Name Position Profile
 Bettina Boncok  photo Bettina Boncok
 Gábor Borbély  photo Gábor Borbély
 Barbara Császár  photo Barbara Császár
 Helga Fehér  photo Helga Fehér
 Péter Györfi-Tóth  photo Péter Györfi-Tóth
 Mónika Horváth  photo Mónika Horváth
 Miklós Horvath  photo Miklós Horvath
 Dávid Kőhegyi  photo Dávid Kőhegyi
 Szilárd Kui  photo Szilárd Kui
 Gábor Molnár  photo Gábor Molnár
 András Nemescsói  photo András Nemescsói
 András Posztl  photo András Posztl
Mr Viktor Radics photo Mr Viktor Radics
 Mariann Rajnai photo Mariann Rajnai
 Attila Sári  photo Attila Sári
 Gábor Simon  photo Gábor Simon
 Péter Szajlai  photo Péter Szajlai
Mr Levente Torma photo Mr Levente Torma

 

At DLA Piper we are firmly committed to diversity and inclusion. For us, diversity isn’t just about visible differences, it’s the unique blend of talents, skills, experiences and perspectives that makes each of us an individual and we know it’s crucial to have a culture and environment where those differences are genuinely valued. As a global business law firm, with a diverse client base, we know that our clients expect our people to represent the communities in which we work and value our ability to advise them on both local and global cultures and markets. We believe that our approach to diversity and inclusion enables us to attract the best talent, build the most effective teams and deliver the highest level of client service.

For more information on our specific D&I initiatives please see www.dlapiper.com