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Act Ban & Karika Attorneys Helps Bader Group Reorganize

Act Ban & Karika Attorneys Helps Bader Group Reorganize

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Act Ban & Karika has helped Germany's Bader Group reorganize within the framework of the cross-border insolvency proceeding of its Hungarian subsidiary.

According to Act Ban & Karika, “the multi-million euro transaction was the first cross-border insolvency proceeding in Hungary, in which a Hungarian company initiated its main reorganizational insolvency proceeding in another member state, but it was also a curiosity in Germany. The reorganization affected the Romanian subsidiary as well, thus the transaction required multinational cooperation of companies and professionals.”

Act Ban & Karika’s team included Managing Partner Marton Karika and Attorney Tibor Nyitrai.


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MPR Partners is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

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