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Based on our experience and feedback from our clients, Hungary’s real estate law has already provided a very favorable legal environment for secure real estate investments. In the integrated land registration system, introduced in 1971, based on a cadastral map, real estate transactions are administered by one single decentralized organization comprising 20 regional and 119 district land offices.

Szabo Kelemen & Partners Andersen Attorneys Managing Partner Tamas Szabo has stepped down from his Managing Partner position after almost 30 years. Taking Szabo’s place in the firm’s four-person leadership team is Partner Balazs Dominek, who became a Managing Partner at Andersen Legal earlier this year.

Merger control clearance is a key issue in planning and implementing larger M&A deals due to the standstill obligation established by Council Regulation (EC) No 139/2004 (EUMR) and most national competition laws within the EU. If the EUMR is applicable to a transaction, a one-stop-shop system is granted where the Commission has exclusive jurisdiction for merger clearance and the merger clearance regimes of Member States are disregarded.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With the first quarter of 2023 wrapped up, we turned to the future and asked: In which practice area do you expect the most growth – in terms of work volume – in the next 12 months?

Szabo Kelemen & Partners Andersen Attorneys at a Glance

Szabo Kelemen & Partners Andersen Attorneys, a distinguished law firm, has a rich and dynamic history that can be traced back to its establishment in 1996. The firm was founded by a group of visionary partners, who had previously served in the Budapest legal department of a prominent global consulting firm.

In 2014, another law firm specialized and experienced in the areas of banking and finance joined the practice. At present, more than 30 lawyers attend to the clients’ needs.

In 2019, our firm embarked on a collaboration with Andersen in Hungary, eventually becoming a full member of this partnership as of January 1, 2020. This strategic move further solidified our position in the Hungarian legal landscape.

Our impressive client base consists of multinationals, as well as large and medium-sized Hungarian companies.  The firm's core competencies encompass a wide spectrum of legal fields, including corporate and commercial law, banking and finance, litigation, real estate, and industry-specific advisory services.

Andersen in Hungary serves over 600 clients across various industries. With a team of more than 100 tax professionals and lawyers, Andersen in Hungary has swiftly become the fifth-largest tax and legal practice in Hungary.

At the heart of our mission lies the commitment to providing integrated solutions to clients, adhering to the most exacting standards. The firm's dedication to excellence and its track record of success have led to its establishment as a leading player in the Hungarian legal domain.

Firm's website.