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From Sea to Sea to Shining Sea: 12 CEE Law Firms Band Together To Launch the Three Seas Legal Alliance

From Sea to Sea to Shining Sea: 12 CEE Law Firms Band Together To Launch the Three Seas Legal Alliance

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During the Three Seas Initiative annual general meeting in Bucharest in September 2023, Austria's Dorda, Bulgaria's Boyanov & Co., Croatia's Divjak Topic Bahtijarevic & Krka, the Czech Republic's Kocian Solc Balastik, Estonia's Ellex Raidla, Hungary's Lakatos Koves & Partners, Latvia's Ellex Klavins, Lithuania's Ellex Valiunas, Poland's Wardynski and Partners, Romania's Nestor Nestor Diculescu Kingston Petersen, Slovakia's Barger Prekop, and Slovenia's Selih & Partnerji announced they formed the Three Seas Legal Alliance, in recognition of the progress made by the Three Seas Initiative.

According to the press statements, the Three Seas Legal Alliance's core goals will include supporting the development of the Three Seas Initiative in each member country; raising awareness amongst the client community of the Three Seas Initiative and the legal environment and support for investments arising thereof; and offering clients "the best legal advice if they are considering investments in any of the member countries which may form part of the Three Seas Initiative."

The Three Seas Initiative describes itself as a politically inspired, commercially driven platform for improving connectivity between twelve EU member states located between the Baltic, Adriatic, and Black seas. The initiative was born out of a shared interest in developing transport, energy, and digital infrastructure connections on the EU’s north-south axis.

Several members of the new Three Seas Legal Alliance – Boyanov & Co., Divjak Topic Bahtijarevic & Krka, Nestor Nestor Diculescu Kingston Petersen, Selih & Partnerji – were working together within SEE Legal, which will continue to run in parallel.

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

Firm's website.

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