Lawyers are keeping busy with new legislation, dispute resolution, and technology work in Hungary, while transactional work and FDIs show a marked slowdown, according to DLA Piper Hungary Country Managing Partner Andras Posztl.
Lextal Advises Blocktrade on BTEX Token Launch
Lextal has advised digital asset platform Blocktrade on the launch of its new BTEX token which raised over EUR 5 million to date.
Kinstellar Advises UKG on Acquisition of Immedis
Kinstellar, working with William Fry and Simpson Thacher & Bartlett, has advised human capital management cloud company UKG on its acquisition of payroll provider Immedis.
Legal Monitoring Report for the period of 28 April - 24 May 2023
The Legal Monitoring Report deals with amendments to the Law on Joint Stock Companies and the Compulsory Licensing Mechanism, ratification of the Agreement on the Transportation of Goods, and approval of Legal Framework on Cuber Security, the FISCALIS Agreement and Ecolabel Regulations.
Huge Consolidation and Important New Legislation Impacting the Hungarian TMT Market
The Hungarian telecoms market saw several major transactions during the past few years, with 2022 and early 2023 witnessing undoubtedly the largest transaction in decades: the acquisition of Vodafone Hungary by 4iG (51%) and state-owned Corvinus Zrt. (49%) for a deal value of approximately EUR 1.7 billion.
Lithuania Stands as One: A Buzz Interview with Justinas Jarusevicius of Motieka & Audzevicius
Lithuania may find itself in economic turmoil, but it is also experiencing strong political unity in the face of the war in Ukraine, according to Motieka & Audzevicius litigation Partner Justinas Jarusevicius.
Herbst Kinsky Advises Froots on Second Financing Round
Herbst Kinsky has advised Lifetree Asset Management – Froots – on its second financing round which saw Gregor Schlierenzauer and Ronald Holzmann join existing investors Georg Kapsch, Andreas Treichl, Gina Goess, and Reinhold Baudisch, with the company raising over one million euros.