Schoenherr has advised Bank Gospodarstwa Krajowego on a EUR 40 million financing agreement for the development and long-term investment of a Puro Hotel in Budapest. Szabo, Kelemen & Partners Andersen advised Puro.
CEE Legal Matters Comparative Legal Guide: Oil & Gas 2024 is Now Out!
CEE Legal Matters is proud to introduce the latest in our Comparative Guides series. This one focuses on Oil & Gas in CEE.
Know Your Lawyer: Balazs Dominek of Szabo Kelemen & Partners Andersen Attorneys
An in-depth look at Balazs Dominek of Szabo Kelemen & Partners Andersen Attorneys covering his career path, education, and top projects as a lawyer as well as a few insights about him as a manager at work and as a person outside the office.
Hungary: New Land Registration Procedure
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.
Andersen Legal Hungary Managing Partner Tamas Szabo Steps Down
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.
Hungary: AI Language Models and the EU AI Act – The Urgent Need for Overarching Legislation
The most accurate sentence that describes AI language models would be: “I’m sorry, the answers are ready, you just need to ask the right questions.”
Hungary: An Example of a Pitfall for International Transactions Coming Out of Hungary
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.
The Corner Office: The Next Booming Practice
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?
Employment Considerations in a COVID-19 World: A Hungarian Round Table
On October 7, six leading labor lawyers in Hungary sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea. The conversation focused on the current state of affairs of labor regulations in Hungary and their evolution over the pandemic-marked last few months.
Hope in Hungary: The Return of a Cautious Optimism to the Hungarian Legal Market
A select group of prominent Hungarian lawyers gathered at Dentons’ Budapest office on April 6, 2016, for a CEE Legal Matters Round Table conversation about the state of and prospects for the Hungarian economy and the Hungarian legal market. The 90-minute conversation touched on topics including the encouraging signs of recovery, the effects of the “soft nationalization” carried out by the Hungarian government in various sectors, fee trends, and changing expectations of the new generation of lawyers.