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MERGERS & ACQUISITIONS

M&A transactions have everything that makes legal work so fulfilling: creativity, precision, problem-solving, and – if and when the deal is closed – the thrill of success. We know that a ‘front page’ deal is usually the culmination of months of less publicised, but thorough and intensive work on our part.
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OUR LATEST POSTS

Ágnes Bejó

One member – multiple quotas, repeated general meeting in 1 hour – constraints in company law are loosening

Ágnes Bejó | 21 September 2021

Since 2014, the “new” Civil Code has allowed companies to deviate from statutory rules in terms of their operation and organization. Up until now, however, it wasn’t clear what was included and what wasn’t: what they could actually deviate from and what they had to adhere to. A new amendment expected to enter into force in January next year will clear the rules up while also easing them off at the same time, thus increasing Hungary’s competitiveness in terms of company law as well.

Ágnes Bejó

Don’t be afraid about the reporting

Ágnes Bejó | 10 June 2021

It’s been almost a year since the obligation to report certain acquisitions of property by foreigners in Hungary was introduced. Since May last year, foreign persons can only acquire interest of a value exceeding one million EUR in strategic companies subject to reporting and the Ministry’s acknowledgement. Though at first, many had reservations regarding this authorisation obligation, which is based on the Italian practice and is one of the strictest regulations in Europe, by now it has become a concept integrated into the company acquisition market. We have summarised the experiences of the past one year.