Practice areas

Banking and finance, insolvency

Our office has broad experience in the practice areas of complex financing transactions and financial legal advisory. Our clients includes major Hungarian and international financial services institutions, investment companies and other parties of the financing market. We are experienced in drafting LMA based, or other unique syndicated, club and bilateral loan agreements (both creditor and debtor parties), portfolio transfers, refinancing and restructuring, and insolvency procedures. We have also broad experience due to our regular engagements in advsising financial institutions’ M&A transactions, licencing and other regulatory issues. We believe that our in-depth knowledge of financial sector and our longstanding working relations with the major players of the sector provides extra advantages to our clients and is ensures efficient and successful closing of transactions

  • Legal advice in connection with financing transactions, including preparation and negotiation of bilateral and/or syndicated financing agreements – advising both lenders and borrowers
  • Unique capital market capabilities
  • Portfolio transfers and banking M&A transactions
  • Restructuring and refinancing support
  • Financial regulatory matters, establishment and licensing of regulated entities such as financial institutions, investment funds and fund managers
  • Financial restructuring matters. Insolvency proceedings

 

Contact:

dr. Iván Sefer

Phone number: +36 1 451 8599


Contact: dr. Iván Sefer

INFO
Tax litigation

Our tax litigation team consists of attorneys at law, certified tax experts and former tax authority professionals specified for representation before court cases. From the beginning of tax administration procedure we work together with our tax controversy team focusing on the procedural and substantive law ensuring your efficient law enforcement. The Hungarian and international tax litigation practice is forming and changing persistently. Our tax litigation attorneys at law and our tax controversy professionals ensure the conscious and consistent application of the case law procedural and substantive law perspectives from the beginning of the tax procedure towards a successful law enforcement.

  • Representing clients in court and in administrative proceedings in connection with taxation related legal disputes
  • Managing the audit process and advising you on document management and retention strategies
  • Helping you respond to audit queries and formal requirements issued by tax authority
  • Advising you on litigation and settlement strategies and negotiations
  • Providing you with effective representation before tax authority, and advocating for you throughout the tax litigation process

Contact:

vamosidr. Szabolcs Vámosi-Nagy
Phone number: +36 1 451 8603


Contact: dr. Szabolcs Vámosi-Nagy

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vaszari-copydr.Péter Vaszari
Phone number: +36 1 451 8616


Contact: dr. Péter Vaszari

INFO

 

bajuszdr. Dániel Bajusz
Phone number: +36 1 885 0093


Contact: dr. Dániel Bajusz

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Labour law

We provide with our clients with full-scope practical advice in all dimension of labour law thereby supporting our clients to achieve success in the long run with the best employees under the available best terms and conditions.

  • Benefit and compensation systems, cafeteria, bonuses, incentiv and employee share ownership schemes, intercompany agreements on reimbursement of labour costs
  • Labour reorganization, outsourcing, manpower lending, labour aspects of transfer of business lines
  • Collective bargaining, consultations and negotiations with bodies of employee representation (trade unions, works council, etc.), preparing collective bargaining agreements and agreements with works council
  • Internal policies (rules of organization, code of conduct, company cost policies, IT policies whistleblowing systems)
  • Flexible employment, atypical employment contracts, employment of foreigners
  • Investigation in frauds, misappropriation, abuses, losses caused by employees, discrimination cases or employee claims
  • Dispute resolution in labour matters, legal representation in labour lawsuits, legal support during inspections by labour authorities

Contact:

jagiczadr. Gábor Jagicza
Phone number: +36 1 451 8124


Contact: dr. Gábor Jagicza

INFO
Data protection

Data protection is an increasing challenge for our clients, especially in the shadow of the new European data protection regulation. Our goal is that through the involvement of our legal team our clients can cope with the challenges relating to the security, lawful controlling and processing of their data, and, at the same time, exploit the business potential in using the available data from various sources.

  • Data protection at the workplace: data processing before hiring, employer’s controls of employees (package, dress, consumption of alcohol or drugs, e-mail, telephone, internet, camera, GPS), possibilities and obligations of data retention
  • Cross-border data transfers to EU member states and third countries (implementation of binding corporate rules, preparing contracts based standard model agreements, etc.)
  • Advising in connection with data security systems
  • Assistance in internal data protection audits
  • Data protection aspects of direct marketing, e-commerce, web-page and cookie policies
  • Request for information of public interest, data mining (Big Data, social networks, etc.)
  • Data protection aspects of new or innovative software or applications
  • Notifications to the data protection registry, assistance in procedures by the Hungarian Data Protection Authority
  • Managing data protection incidents, legal representation in connection with potential infringements of rights to personal data in civil procedures

Contact:

jagiczadr. Gábor Jagicza
Phone number: +36 1 451 8124


Contact: dr. Gábor Jagicza

INFO
Public procurement

We are pleased to provide legal advice to our clients in connection with their participation in public procurement procedures in all phases of the tender including the proceedings for legal remedy.

  • Opining of the call for tender and its documentation
  • Opining of the documentation related to submitting the tender
  • Complying with the call for missing information and documents
  • Legal representation in negotiation procedures
  • Legal representation in remedy proceedings before the Arbitration Committee for Public Procurement and the competent courts

Contact:

jagiczadr. Gábor Jagicza
Phone number: +36 1 451 8124


Contact: dr. Gábor Jagicza

INFO
Corporate/Commercial

We advise large stock corporations and midmarket companies as well as family-operated businesses on matters of corporate and commercial law in everyday business as well as during the preparation and execution of complex reorganizations and restructurings.

  • Corporate restructurings, domestic and cross-border merges, demerges, changes to the share capital, shareholders agreements
  • Drafting of corporate maintenance documents, by-laws, assisting in keeping minutes of the meetings of the board, shareholders, supervisory board
  • Corporate and commercial agreements
  • Assistance in voluntary liquidations, bankruptcy and insolvency procedures

Contact:

piskoti-copydr. Adrienn Piskóti
Phone number: +36 1 451 8129


Contact: dr. Adrienn Piskóti M.LL.P

INFO

 

varszegidr. Sarolta Várszegi
Phone number: +36 1 451 8129


Contact: dr. Sarolta Várszegi (LL.M.)

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M&A Transactions

We advise national and international groups, small and medium-sized companies, managers, financial investors and providers of venture capital on company acquisitions and sales as well as on joint ventures. In cross-border transactions, we offer one-stop legal advice with the support of our EY cooperation partners.

  • Antitrust clearance
  • Buy and sell side legal advisory
  • Buy and sell side legal due diligence
  • Buy and sell side legal structuring
  • Transaction documents
  • Transaction negotiation and closing
  • Post-acquisition integration
  • Private equity transactional capabilities

Contact:

piskoti-copydr. Adrienn Piskóti
Phone number: +36 1 451 8129


Contact: dr. Adrienn Piskóti M.LL.P

INFO

 

varszegidr. Sarolta Várszegi
Phone number: +36 1 451 8129


Contact: dr. Sarolta Várszegi (LL.M.)

INFO
Real estate law

Legal due diligence reviews
Acquisitions, leases and disposals of real estate
Legal support in green field investments and real estate development projects

Contact:

krupldr. László Krüpl
Phone number: +36 1 451 8100


Contact: dr. László Krüpl

INFO
1132 Budapest, Váci út 20. Phone number: +36 1 451 8100 Fax: +36 1 451 8199 E-mail: law@hu.ey.com
This website is maintained by Vámosi-Nagy Ernst&Young Law Office registered with the Budapest Bar in accordance with the legal regulations and internal rules on attorneys which can be found on the website www.magyarugyvedikamara.hu together with information on client rights. Vámosi-Nagy Ernst&Young Law Office cooperates with Ernst & Young Law GmbH Rechtsanwaltsgesellschaft Steuerberatungsgesellschaft, Stuttgart, Germany.