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Szabó Kelemen & Partners Attorneys

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This content is provided by Szabó Kelemen & Partners Attorneys.

Managing Partner: Tamás Szabó
Number of partners: 4
Number of lawyers: 32
Languages: English, German, Hungarian

Firm Overview:
Szabó Kelemen & Partners Attorneys was founded in 1996 and since then it has become one of the premier law firms in Budapest. As of January 1st, 2020, the firm is a member of Andersen Global in Hungary. The firm’s impressive client base consists of multinationals, large and medium-sized Hungarian companies from various industry sectors.

Main Areas of Practice:
Antitrust/Competition Law 
Banking & Finance
Capital Markets 
Corporate & Commercial
Dispute Resolution
Employment & Compensation 
Intellectual Property 
Mergers & Acquisitions
Projects 
Real Estate 
Restructuring & Insolvency

Corporate and Mergers & Acquisitions:
3 partners, 15 fee earners
■ Advising a global commodities trading company divesting a minority share from its agricultural business
■ Assisting the Hungarian commercial bank on the complete sale of its car fleet service provider company
■ Providing legal advice to a Hungarian IT company as seller during the sale of its Polish subsidiary and the takeover of its assets and employees
■ General corporate work for a number of multinationals and their Hungarian subsidiaries

Banking & Finance:
1 partner, 5 fee earners
■ Drafting refinancing documentation and advising the bank regarding the purchase and refurbishment of shopping malls
■ Drafting financing and restructuring documentation for various commercial banks
■ Advising a bank and its subsidiaries in matters of claim collection and comprehensive administration
■ Representing a bank during corporate workout (including repossessed distressed asset management)

Dispute Resolution & Litigation:
2 partners, 6 fee earners
■ Representing a Croatian company before the Hungarian courts in a lawsuit for compensation of damages resulting from the drawdown of bank guarantee and other damage
■ Advising and representing the Hungarian affiliate of a global commodities trader before GAFTA and the Arbitration Court of the HCC in connection with a damage claim
■ Acting for a multifunctional shopping center in court procedures (both arbitration and Hungarian courts) against commercial tenants and tenant-related three parties, involving matters such as debt collection procedures, liquidation proceedings and foreclosures
■ Representing a company providing washroom hygiene products in the enforcement of its claims against non-paying clients

Antitrust/Competition:
1 partner, 3 fee earners
■ Advising the client during the acquisition of the third party liability car insurance and property insurance portfolio of an insurer. Representing all parties in the merger clearance procedures
■ Representing part of the owners in the course of splitting/demerging. Acting before Hungarian Competition Authority (HCA) in the merger clearance procedure
■ Advisory services on a selective distribution system. Anti-trust compliance program: advising, introducing, monitoring
■ Representing the Hungarian subsidiary of a global insurance company in cartel investigation by HCA

Employment:
1 partner, 5 fee earners
■ Reviewing all employment contracts and policies of the client, drafting new contract samples, including special managerial employment contracts
■ Representing the client in a labour law litigation concerning the lawfulness of the work schedule and successfully proving that the client is in compliance with the relevant legal requirements
■ Providing legal support regarding e.g. individual labour law litigations with employees and with the Labour Supervision Authority, handling the trade union’s demands, etc

Corporate Restructuring & Insolvency:
2 partners, 5 fee earners
■ Advising the Hungarian Reorganisation Asset Management Plc in connection with the restructuring of loan transactions with 20,000 retail and 4,000 corporate customers.
■ Providing advice in connection with the takeover of bank distressed asset portfolios.
■ Representing the client as creditor in a liquidation procedure of a Hungarian heating plant.
■ Representing various entities of a property group re: bankruptcy proceedings.

Real Estate & Commercial Property:
1 partner, 3 fee earners
■ Advising the client on large-scale greenfield investments involving the construction of a logistics facility, and also re: renting and operation of existing logistics facilities
■ Transactional advice in connection with the sale of a share in a joint venture holding a real estate project (residential building with approximately 900 flats)
■ Providing legal advice, conducting negotiations and contract conclusion in connection with the purchase of a downtown real property having a heritage listing
■ Providing legal support to the client in the course of its office construction project
■ Advising the client during the development of an industrial property, including purchasing, financing and drafting agreements related to development IT & Telecommunications: 1 partner, 1 fee earner
■ Advising a company specialised at IT security software products, on a permanent basis. Drafting commercial agreements, intellectual property-related registration procedures, day-to-day advisory work
■ Supporting the client as principal in the course of big scale IT project works including system development and introduction

Contacts:
■ Tamas Szabo Email: [email protected]
■ Laszlo Kelemen Email: [email protected]
■ Domonkos Kiss Email: [email protected]
■ Peter Vincze Email: [email protected]