14
Sat, Feb
59 New Articles

Taylor Wessing has advised CIG Pannonia Eletbiztosito and its subsidiary CIG Pannonia Elso Magyar Altalanos Biztosito on a series of insurance portfolio transfer transactions. Oppenheim advised Europ Assistance Irish Branch – one of the counterparties.

Over the past two months, Hungary has seen a dense sequence of regulatory developments, some headline-level and others technical, but all with immediate consequences, according to BSLAW Budapest Managing Partner Robert Szuchy, who says that energy regulation, EU litigation trends, and employment-related compliance are currently dominating advisory work.

Foreign direct investment (FDI) screening is an essential issue for cross-border M&A, joint ventures, restructurings and financing arrangements. What was once a niche regulatory topic is now a decisive factor in transaction timing, risk allocation and, in some cases, deal feasibility itself.

Wolf Theiss, working with Norton Rose Fulbright, has advised a consortium of banks on the arrangement and coordination of debt financing exceeding EUR 1.24 billion for the construction of two combined cycle gas turbine power plants in Tiszaujvaros and Visonta for Hungary’s state-owned energy provider MVM Group. A&O Shearman reportedly advised MVM Group.

Under the latest amendment to Act LXIX of 2024 ("Cybersecurity Act"), enterprises that qualify as large enterprises solely due to their partner or linked enterprises but do not, on their own, meet the thresholds for medium-sized enterprises are now excluded from the scope of the Cybersecurity Act.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

PRK Partners Partner Radan Kubr, ACI Partners Senior Associate Doina Doga, Schoenherr Bulgaria Co-Head of Competition Yoana Strateva, Tuca Zbarcea & Asociatii Partner and Head of Competition & Antitrust Raluca Vasilache, Zornada Law Office Attorney at Law Ivan Zornada, and DLA Piper Hungary Country Managing Partner Andras Posztl explore how, respectively, the Czech Republic, Moldova, Bulgaria, Romania, Croatia, and Hungary approach foreign investment screening: the differences in strictness, the sectors regulators watch most closely, the impact on deals, and the practical challenges investors run into on the ground.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we asked: With autumn being a peak conference period, what are your annual “cannot miss” conferences during the fall season and why?

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa, and Asia Pacific. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

Firm's website.

Our Latest Issue