Since 1993, Lengyel Allen & Overy Ügyvédi Iroda has established itself as one of the premier practices in Hungary, with a formidable group of experienced lawyers particularly suited to corporate and finance work.
Many of our lawyers have completed post-graduate studies in Hungary, as well as the US, UK and the Netherlands.
Our office in Budapest consists of 25 lawyers including two resident partners. With 15 support staff we are well prepared to collaborate on cross-border projects and co-operate with local counsel from other leading legal practices or Allen & Overy offices in other jurisdictions.
As part of the Central and East European practice, we can also call on the expertise of Allen & Overy lawyers in the Czech Republic, Poland , Romania, Slovakia and Russia. The CEE region is a key market for us and, unlike many other law firms, we remain committed to maintaining a long-term presence in Hungary.
Borsodchem acquisition by Wanhua
EBRD wind farm investment
We acted for EBRD on its EUR50m equity investment in Iberdrola Renovables Hungary, operator of Hungarian wind farms with 159MW wind power capacity.
MOL Bond and Bank Double
Oil and Gas Financing
OTP Bank – bank to bank loan
Polish Leveraged Financings
Slovenian Energy Projects
UPC / Fibernet / INvitel cross-border telecoms
News & insights
Publications: 25 SEPTEMBER 2019
A more detailed version of this article was first published in the Journal of Intellectual Property Law and Practice (Volume 14, Issue 10, pages 754-760)on 20 September 2019 and can be found here.Read more
Publications: 23 SEPTEMBER 2019
Fines for unlawful overtime to be applied for each employee and not overall at the level of the employer.Read more
Publications: 17 APRIL 2019
The Alternative Investment Fund Managers Directive (AIFMD) will have a major impact on the asset management sector as it regulates alternative investment fund managers who market or manage funds in Europe targeted at professional investors. With the rapid growth in alternative investment funds focussed on a wider range of asset classes the AIFMD heralds increased regulatory scrutiny on the sector.Read more
Publications: 12 OCTOBER 2018
On 2 October 2018, the Hungarian Parliament adopted a new law, which will require ministerial approval for foreign direct investment into specific sectors. The law, currently awaiting sign-off from the President and then publication, applies to transactions set to close after 1 January 2019.Read more