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The Budapest Office offers advice covering all aspects of business law, mainly in the following areas:



The Budapest Office, a leading expert on privatisations in Hungary, advises French and international investors in various industries.
- Privatisation of the water, wastewater and waste treatment, heating in urban areas, gas and electricity.
- Acquisitions, partial asset contributions, restructurings, and establishment of joint ventures.




The Budapest Office developed finely-tuned expertise on finance and banking law; it relies on occasional support from the London Office.
- Banking and finance: financing and refinancing, consumer credit, warranties and securities.
- Capital Markets: securities issues and purchases.
- Leasing transactions.



The Office assists investors in finding and implementing efficient tax and legal structures, notably in the course of acquisitions or asset transfers.
- Tax planning, tax incentives, applications for tax rulings, VAT regulations.
- International taxation of expatriate individuals.



The Office is actively involved in several infrastructure financing transactions (BOT); it acts for Hungarian and international investors.
- Advising on project finance for the construction of motorways, airports, waste and wastewater treatment facilities, and power stations.



The Office has been involved in major transactions in Hungary , acting for French and overseas investors.
- Real estate acquisitions: corporate central offices, logistic centres, hotels, farming land.
- Financing: legal and tax planning, negotiation and preparation of financing transactions. - Leases: drafting and negotiating contracts, due diligence, management of shopping centres.



The Budapest Office frequently advises on competition and distribution law; it relies on occasional support from the Brussels Office.
- Competition law: anti-competitive measures, permissions to merge regional companies.
- Distribution law: setting up distribution networks in Hungary and in Eastern and Central Europe




The Office acts for clients in civil, commercial and administrative litigation, or even in constitutional appeals before the highest Hungarian courts.
- Lawsuits against counterfeiters, litigation relating to advertising, expropriation procedures, disputes with retailers, credit recovery, appeals against decisions awarding public procurement contracts.
- ICC Arbitration.



The Office advises Hungarian and foreign clients on regulatory issues in these areas.
- Energy: Drafting Operations and Maintenance contracts, privately-run public services, relations with the Energy Office.
- Environment: environmental due diligence, industrial risks, environmental standards.
- Transport: business licenses, applications for carriage licences.



The Office advises clients on regulations in these areas.
- Mergers and acquisitions in the telecommunications industry.
- Regulations in the areas of telecommunications, television and the new technologies.



The Office is involved at all stages in employer-employee relations and handles social security issues.
- Employment law: employment aspects of restructurings, drafting employment contracts for local and expatriate employees, state subsidies for creating employment opportunities; redundancy procedures.
- Social security: status of “seconded” and “expatriate” employees in Hungary




The Office's lawyers in Budapest have developed substantial know-how in the area of Intellectual Property.
- Registration procedures for copyrights, trademarks, patents, designs and models, drafting licensing agreements.
- Litigation and legal support before tribunals and customs authorities.




The Office offers advice on legal issues pertaining to the insurance market.
- Mergers, acquisitions, and stake purchases involving insurance companies.
- Preparing and carrying out legal audit on insurance and reinsurance contracts.




The Office advises investors purchasing businesses as well as parent companies who wish to transfer Hungarian branches.
- Liquidation and rescue plans: asset transfers and recovery of assets from liquidated companies, asset transfer plans and reorganisation of insolvent subsidiaries.
- Asset recovery procedures.

Gide Loyrette Nouel
in Europe
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