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Recognition in Chambers Europe 2024
  • Press releases

Recognition in Chambers Europe 2024

Lakatos, Köves and Partners is delighted that in the newly published Chambers and Partners Europe 2024 law firm rankings all of our earlier ranked practice areas achieved Band 1 or Band 2 rating and our Tax Group was ranked for the first time this year, which is a great acknowledgement of our work and place in the legal market in Hungary.

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Chambers Global Rankings 2024
  • Press releases

Chambers Global Rankings 2024

Lakatos, Köves and Partners is delighted that in the newly published Chambers Global 2024 law firm rankings, our practice groups and lawyers are highly ranked in all categories examined by Chambers Global in Hungary (Banking & Finance, Corporate M&A, and Dispute Resolution).

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LAKATOS, KÖVES & PARTNERS (“LKT”) announce significant hirings
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LAKATOS, KÖVES & PARTNERS (“LKT”) announce significant hirings

We are pleased to announce that Péter Berethalmi and Zsuzsanna Regina Lukács from Hungarian law firm Nagy & Trócsányi join LKT’s team as of January, 2024. Péter is the former Managing Partner of Nagy & Trócsányi, and Zsuzsanna is a Corporate/M&A lawyer.

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Top 50 Legal Executives by BBJ in Hungary 2023
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Top 50 Legal Executives by BBJ in Hungary 2023

Iván Sólyom, Partner and Head of the Corporate & M&A and Co-Head of the Competition Practice Group at Lakatos, Köves & Partners was asked by BBJ - Budapest Business Journal as one of the top 50 Legal Executives in Hungary about his opinion on the changes of legal profession, the effect of AI and digitization, significant legal trends and legal professional supply in Hungary.

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Lakatos, Köves and Partners Legaltech Lab on the track of AI solutions
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Lakatos, Köves and Partners Legaltech Lab on the track of AI solutions

Rita Kristófné Gungl, Manager of the LKT LegalTech Lab gave a television interview regarding our university competition concerning „AI in everyday business”, where she spoke about her professional experiences, innovations and effects of AI technology.

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Lakatos, Köves & Partners (“LKT”) advises Nova Post in connection with its Hungarian market entry
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Lakatos, Köves & Partners (“LKT”) advises Nova Post in connection with its Hungarian market entry

Lakatos, Köves & Partners (“LKT”) is proud to advise Ukrainian postal and courier company Nova Post in connection with the corporate and regulatory aspects of its Hungarian market entry and the opening of its first Hungarian branch.

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Lakatos, Köves and Partners (“LKT”) advises Coats on its sale of its Thread Factory in Hungary
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Lakatos, Köves and Partners (“LKT”) advises Coats on its sale of its Thread Factory in Hungary

Lakatos, Köves and Partners (“LKT”) advised Coats on its sale of its Thread Factory located in Újpest, Hungary.

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Lakatos, Köves & Partners advising on the Hungarian aspects of  the sale of Swire Coca-Cola, USA
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Lakatos, Köves & Partners advising on the Hungarian aspects of the sale of Swire Coca-Cola, USA

Lakatos, Köves & Partners (“LKT”) advised – alongside Clifford Chance London – John Swire & Sons Ltd. as buyer and 60% controlling shareholder on the acquisition of Swire Coca-Cola USA unit of Hong Kong-based conglomerate Swire Pacific Ltd.

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Arago Group Moves to ACADEMIA Office Building
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Arago Group Moves to ACADEMIA Office Building

We are happy to advise one of our key clients, a leading asset, property and project management company, ConvergenCE on its new tenant, Arago Group, moving into ACADEMIA Office Building, one of Budapest's most beautiful and prestigious buildings.

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Lakatos, Köves and Partners is proud to announce the formation of Three Seas Legal Alliance
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Lakatos, Köves and Partners is proud to announce the formation of Three Seas Legal Alliance

In recognition of the progress that is being made with the Three Seas Initiative, on the occasion of its Annual General Meeting in Bucharest on 6/7 September 2023, we are pleased to announce that a group of leading law firms from each country in the Initiative have come together to provide legal support to the Initiative and the needs of clients with regard to it.

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New Ranking in the ITR World Tax 2024 Firm rankings
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New Ranking in the ITR World Tax 2024 Firm rankings

The ITR World Tax rankings have been unveiled, and Lakatos, Köves & Partners (“LKT”) is proud to be ranked as one of the finest performing tax firms!

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LKT advises Polish Selena Group on strategic collaboration with Hungarian Masterplast
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LKT advises Polish Selena Group on strategic collaboration with Hungarian Masterplast

Lakatos, Köves & Partners (“LKT”) is proud to advise SELENA Group, a Polish listed company being a global leader and distributor of construction chemicals and one of the four largest producers of polyurethane foam in the world, on a strategic collaboration with Masterplast Nyrt., a Hungarian listed company being one of the leading insulation material and construction industry product producer-distribution companies in the Central Eastern European region.

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LKT Tax team shortlisted for the ITR EMEA Tax Awards 2023
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LKT Tax team shortlisted for the ITR EMEA Tax Awards 2023

Lakatos, Köves & Partners is happy to announce that our tax team was shortlisted for the ITR EMEA Tax Awards 2023 in the „Tax Firm of the Year Hungary” category.

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LKT on Women in Business Law Awards 2023 shortlists
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LKT on Women in Business Law Awards 2023 shortlists

We are extremely pleased to announce that Lakatos, Köves & Partners and one of our leading lawyers were shortlisted in different categories by the Women in Business Law Awards 2023 as follows:

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LKT advises on Eximbank’s bond offering
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LKT advises on Eximbank’s bond offering

Lakatos, Köves & Partners advised Eximbank Zrt. on its international bond offering of USD1,250 billion 6.125% notes due 2027.

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FDI SCREENING IN HUNGARY
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FDI SCREENING IN HUNGARY

Hungary has a complex FDI screening system, consisting of two parallel and independently functioning regimes, as summarized in the chart below. Transactions caught under either regime require the acknowledgement of the relevant authority as a precondition of implementation.

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LKT wins CEE Legal Matters "Deal of the Year 2022" award
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LKT wins CEE Legal Matters "Deal of the Year 2022" award

We are delighted to share that one of our 2022 deals, namely "GIC’s acquisition of 30% Stake in Cetin from PPF" was selected and awarded as the “Deal of the Year in the Czech Republic in 2022” on 25 May, 2023 at the CEE Legal Matters Deal of the Year Gala in Istanbul. LKT received the trophy for its work and involvement in the Hungarian aspects of the deal.

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Legal 500 2023 – LKT at the top of the Hungarian rankings table
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Legal 500 2023 – LKT at the top of the Hungarian rankings table

Lakatos, Köves and Partners is delighted that in the newly published Legal 500 2023 law firm rankings all of our practice areas were highly ranked. Namely, eight practice areas (Banking & Capital markets, Commercial, Corporate / M&A, Competition, Data protection, Dispute Resolution, Projects & Energy, Real Estate and TMT) were “Top ranked” and three practice areas (Employment, IP and Tax) were “Recommended”.

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THE TOWERCAST JUDGMENT - CJEU CLARIFIES THAT A NON-NOTIFIABLE TRANSACTION CAN CONSTITUTE AN ABUSE OF...
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THE TOWERCAST JUDGMENT - CJEU CLARIFIES THAT A NON-NOTIFIABLE TRANSACTION CAN CONSTITUTE AN ABUSE OF DOMINANCE

On 16 March 2023, the Court of Justice of the European Union (“CJEU”) issued an interesting judgment (C-449/21), in response to the Paris Court of Appeal’s request for a preliminary ruling, on whether a national competition authority may ex-post investigate as abuse of dominance a transaction which does not meet the established threshold defined in the EU Merger Regulation or national legislation.

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Recognition in Chambers Europe 2023
  • Press releases

Recognition in Chambers Europe 2023

Lakatos, Köves and Partners is delighted that in the newly published Chambers Europe 2023 law firm rankings all of our ranked practice areas achieved Band 1 or Band 2 rating...

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Chambers Global Rankings 2023
  • Press releases

Chambers Global Rankings 2023

Lakatos, Köves and Partners is delighted that in the newly published Chambers Global 2023 law firm rankings, our lawyers were highly ranked....

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Lakatos, Köves and Partners won "Best Law Firm of the Year" award at the CIJ EUROPE Awards
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Lakatos, Köves and Partners won "Best Law Firm of the Year" award at the CIJ EUROPE Awards

Lakatos, Köves and Partners won "Best Law Firm of the Year" award at the 16th Hungarian CIJ EUROPE Awards granted at the gala dinner in the Four Seasons Hotel Gresham Palace on 9 February 2023.

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Well known tech company at Kálvin Square Office Building
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Well known tech company at Kálvin Square Office Building

We are happy to advise one of our key clients, a leading asset, property and project management company, ConvergenCE on its new tenant, the Singapore based rapidly growing SaaS company, Trax moving into the Kálvin Square Office Building, which was recognised with a BREEAM Excellent rating in last September.

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LKT advises Nippon Paper to Invest HUF 15 bln in CMC Plant in Hungary
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LKT advises Nippon Paper to Invest HUF 15 bln in CMC Plant in Hungary

Lakatos, Köves & Partners (“LKT”) is proud to advise Japan's Nippon Paper Industries (listed on the Tokyo Stock Exchange with a global presence), regarding a HUF 15 billion (approx. EUR 38,650,140) green field investment including the acquisition and development of an industry site and building a plant in Hungary in Vácrátót, on the outskirts of Budapest, that will supply carboxymethyl cellulose (CMC) materials for the production of electric vehicle batteries. CMC is a water-soluble, environmentally-friendly polymer derived from cellulose that is one of the materials used for lithium-ion battery anodes in EVs and a natural raw material that is used as a binder by numerous industries (construction, paper, food, pharmaceuticals, etc.) as a kind of natural adhesive.

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LKT advises on the sale of Vodafone Hungary
  • Press releases

LKT advises on the sale of Vodafone Hungary

Lakatos, Köves & Partners (“LKT”) advised Vodafone plc on the sale of Vodafone Magyarország Zrt. ("Vodafone Hungary") to 4iG Nyrt. and Corvinus Zrt., a Hungarian state holding company, for a total cash consideration of HUF 660bn (€1.7bn). LKT worked alongside renowned English law firm Slaughter & May.

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Balázs Fazakas has been promoted to Partner at Lakatos, Köves & Partners Law Firm
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Balázs Fazakas has been promoted to Partner at Lakatos, Köves & Partners Law Firm

Dr. Balázs Fazakas, Head of the Litigation and Dispute Resolution Group at Lakatos, Köves & Partners Law Firm ('LKT') has been promoted to Partner as of 1 January, 2023.

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Eszter Ritter named in Thought Leaders Competition 2023 of Who’s Who Legal:
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Eszter Ritter named in Thought Leaders Competition 2023 of Who’s Who Legal:

Eszter Ritter, Partner and Co-Head of the Competition team at Lakatos, Köves and Partners (“LKT”) receives acknowledgement from Who’s Who Legal (“WWL”): Thought Leaders Competition 2023.

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Turkish private investors acquire large parts of Veritas Group
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Turkish private investors acquire large parts of Veritas Group

Lakatos, Köves & Partners ('LKT') advised Turkish private investors on the acquisition of the Hungarian subsidiary of Veritas Group, an insolvent German automotive and industrial supplier - in cooperation with Binder Grösswang -, as part of a global deal, including the Austrian subsidiary as well as three German plants and further subsidiaries located in Bosnia, China, and Turkey.

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Integrator acquires Manpower’s HR business in Hungary
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Integrator acquires Manpower’s HR business in Hungary

Lakatos, Köves & Partners ('LKT') advised Integrator d.o.o., a Serbian regional HR company regarding the acquisition of Manpower’s HR and workforce business in Hungary from Manpower Group. With this transaction, Integrator may become one of the major HR consulting and recruiting firms in the region.

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Tracking the Ebb and Flow of FDI Into Hungary
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Tracking the Ebb and Flow of FDI Into Hungary

We are happy to let you know that Lakatos, Köves and Partners' Founding Partner, Richard Lock published an article in Budapest Business Journal's (BBJ) Investing in Hungary magazine about the topic, which is now available.

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United Petfood Group takes over two pet food facilities of Cargill
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United Petfood Group takes over two pet food facilities of Cargill

Lakatos, Köves & Partners (“LKT”) advised United Petfood, the global private-label pet-food producer, in relation to its acquisition of a petfood factory from the Cargill Group in Hungary in the area of Karcag. The transaction was part of a combined asset deal covering both in Poland and Hungary. LKT provided full scope legal assistance as to the Hungarian aspects of the deal, starting from the due diligence of the target through the negotiation of the transactional documents and the completion of the transaction including corporate, M&A, antitrust, regulatory and real estate advice.

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TOP 10 Real Estate lawyers in the Hungarian market 2022
  • Press releases

TOP 10 Real Estate lawyers in the Hungarian market 2022

We are very pleased and proud that Attila Ungár, one of our Founding Partners and the Head of Real Estate at Lakatos, Köves and Partners has been ranked within the Top 10 Real Estate Legal Experts in Hungary in the yearly issue of Portfolio "Top 50 Real Estate" Magazine, reflecting our long-term presence on the real estate legal market and our achieved reputation and market recognition throughout the years. Thank you!

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Happy Holidays from the LKT Team!
  • Press releases

Happy Holidays from the LKT Team!

We wish you and your family peace, prosperity, and happiness in the coming year.

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The Legal 500, Real Estate Country Comparative Guide 2022 with Attila Ungár, Júlia Várkonyi and Ágne...
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The Legal 500, Real Estate Country Comparative Guide 2022 with Attila Ungár, Júlia Várkonyi and Ágnes Hegyi

We are happy to let you know that the new "The Legal 500 (Legalease): Real Estate Country Comparative Guide" is now available online.

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LKT advises TOYO INK, leading Japanese battery supplier's new plant to boost local EV industry
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LKT advises TOYO INK, leading Japanese battery supplier's new plant to boost local EV industry

We are proud to advise Japan-based Toyo Ink Group with regard to all legal aspects of its market entry and operation in Hungary concerning its new plant that has been raised in Hungary, Újhartyán (Pest County), being Toyo Ink Group’s first European plant, on top of existing production sites in China, Japan and the U.S.

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Zenitech completes acquisition of Hungarian software development company, AutSoft
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Zenitech completes acquisition of Hungarian software development company, AutSoft

In cooperation with Stevens & Bolton LLP, Lakatos, Köves & Partners (“LKT”) advised Zenitech group, a leading UK based business transformational technology group pursuing information technology consultancy activities on the acquisition of Autsoft Zrt., a pioneer Hungarian company engaged in customized software development (relating to complex systems, E2E solutions according to clients’ unique needs and modern development methodologies) and, innovative software solutions in artificial intelligence, loT Platforms, virtual reality area. Autsoft Zrt. is furthermore also known as one of the largest mobile developers in Hungary, on both iOS and Android platforms. Zenitech’s intention to buy AutSoft was announced in May 2022, and the acquisition has been completed in September 2022, having gone through regulatory approvals.

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Chambers Global Practice Guides - Aviation: Finance & Leasing 2022
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Chambers Global Practice Guides - Aviation: Finance & Leasing 2022

We are happy to let you know that the new Chambers Aviation Finance & Leasing 2022 Guide, covering 28 jurisdictions, is now available to view online. The Hungarian Chapter was prepared by the LKT team of Nóra Kertai, Viktória Tamás, John Fenemore and Szabolcs Mestyan.

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REAL ESTATE NEWSLETTER – Increased Competence of Design Council
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REAL ESTATE NEWSLETTER – Increased Competence of Design Council

On 16 August 2022, the Hungarian Government issued Government Decree No. 315/2022. (VIII. 16.) on the amendment (“Amendment”) of certain government decrees on building, heritage protection, property management and government administration amending the Government Decree No. 252/2006. (XII.7.) on town planning and architectural-technical design councils (“Government Decree”) affecting building permitting procedure…

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Extra-Profit Tax Burden for Renewable Energy Producers
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Extra-Profit Tax Burden for Renewable Energy Producers

CEE Legal Matters’ article about the topic is now available…

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IFLR1000 2022 success – 12 Individual rankings for our lawyers
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IFLR1000 2022 success – 12 Individual rankings for our lawyers

We are delighted that 12 talented lawyers from Lakatos, Köves & Partners have been recognised in the IFLR1000 2022 individual rankings - and all of our practice areas are either ranked Tier 1 or Tier 2, which puts us at the top of the Hungarian law firm rankings table! Thank you to all our clients for their continuing trust and kind feedback. Thanks and congratulations to our colleagues for their professional and client-focused work. We remain your „International, Independent, Innovative” law firm in Budapest.

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The Legal 500: Aviation Finance & Leasing Comparative Guide
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The Legal 500: Aviation Finance & Leasing Comparative Guide

We are happy to let you know that The Legal 500 Aviation Finance & Leasing Country Comparative Guide is now available to view online. With Szabolcs Mestyan and John Fenemore heading the Hungarian Chapter and with the contribution of Balázs Rokob and Nóra Kertai associates, the guide provides the latest legal information on aircraft and engine purchase and sale, aircraft and engine leasing, aircraft debt finance, security, liens, enforcement and current legislative proposals, registration, International conventions, insurance, taxes, and import or export restrictions as well as insight and opinion on challenges and opportunities in the respective country.

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Tax treaty termination: Serious consequences for U.S., Hungarian businesses
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Tax treaty termination: Serious consequences for U.S., Hungarian businesses

Our tax experts, Balázs Kántor and Petra Rózsahegyi answered BBJ in connection with the serious consequences of the termination of the U.S.- Hungary double taxation agreement.

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Walking a Fine Line: Merger Control in Hungary
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Walking a Fine Line: Merger Control in Hungary

CEE Legal Matters article about the topic is now available...

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LKT on Women in Business Law Awards 2022 shortlists
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LKT on Women in Business Law Awards 2022 shortlists

We are extremely pleased to announce that Lakatos, Köves & Partners and two of our leading lawyers were shortlisted in different categories by the Women in Business Law Awards 2022 as follows...

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LKT advises GLP on a long-term lease agreement with online retailer Alza.hu for a 22,000 sqm warehou...
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LKT advises GLP on a long-term lease agreement with online retailer Alza.hu for a 22,000 sqm warehouse

We are proud to advise one of our key clients, GLP, a leading investor and developer of logistics warehouses and distribution parks on a long-term lease agreement with online retailer Alza.hu for a 22,000 sqm warehouse at Sziget Logistics Centre, Hungary. Construction is already in progress, and the building is due to be finalized in Q3 2022.

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LKT advises Egeria on the acquisition of Isoplus, a leading manufacturer of pre-insulated district h...
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LKT advises Egeria on the acquisition of Isoplus, a leading manufacturer of pre-insulated district heating piping systems

We are proud to advise our client, Egeria Capital Behar BV, an independent pan-European investment company – alongside Clifford Chance Munich - on the acquisition of 100% of the shares of Isoplus, a Germany based leading provider of pre-insulated piping systems, mainly for district heating.

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Legal 500 2022– LKT at the top of the Hungarian rankings table
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Legal 500 2022– LKT at the top of the Hungarian rankings table

Lakatos, Köves and Partners is delighted that in the newly published Legal 500 2022 law firm rankings all of our practice areas were ranked in either Tier 1 (Banking & Capital markets, Commercial, Corporate, M&A, Competition, Dispute Resolution, Projects & Energy, Real Estate and TMT) or Tier 2 (Employment, Data protection, IP, Tax).

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Chambers & Partners: Corporate Tax 2022
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Chambers & Partners: Corporate Tax 2022

We are happy to let you know that Chambers Corporate Tax 2022 Global Practice Guide is now available to view online...

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LKT wins "Deal of the Year" award
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LKT wins "Deal of the Year" award

We are delighted to share that one of LKT’s 2021 deals, Nomad Foods Acquisition of Fortenova's Frozen Food Business was selected and awarded as (1) the CEE Legal Deal of the Year and (2) the Deal of the year in Bosnia and (3) the Deal of the year in Croatia at the CEE Legal Matters (CEELM) Dealer’s Choice and the Deal of the Year Awards Banquet held on 5 April, 2022 in London, attended by lawyers from across the CEE region and from London.

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Chambers Global Rankings 2022
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Chambers Global Rankings 2022

Lakatos, Köves and Partners is delighted that in the newly published Chambers Global law firm rankings, our lawyers were highly ranked.

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Recognition in Chambers Europe 2022
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Recognition in Chambers Europe 2022

Lakatos, Köves and Partners is delighted that in the newly published Chambers Europe 2022 law firm rankings all of our ranked practice areas achieved Band 1 or Band 2 rating...

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THE LEGAL 500 WEBINARS with Richard Lock, Founding Partner
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THE LEGAL 500 WEBINARS with Richard Lock, Founding Partner

The Legal 500 is organizing an interesting webinar regarding “Central and Eastern Europe’s elite law firms: managing partners in discussion – challenges in the wake of Covid-19 and beyond”...

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LKT advises Indotek Group on the acquisition of GTC’s Belgrade office portfolio, recent years’ large...
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LKT advises Indotek Group on the acquisition of GTC’s Belgrade office portfolio, recent years’ largest transactions in CEE

We are proud to advise one of our key clients, Indotek Group on the acquisition of 11 office buildings in 5 business parks in Belgrade from Globe Trade Centre S.A. (GTC).

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Lakatos, Köves and Partners successful for Facebook before the Supreme Court in Hungary
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Lakatos, Köves and Partners successful for Facebook before the Supreme Court in Hungary

Lakatos, Köves and Partners successfully represented Facebook Ireland before the Hungarian Supreme Court, Kuria.

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LKT advises on the sale of commercial areas of Szervita Square Building
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LKT advises on the sale of commercial areas of Szervita Square Building

Lakatos, Köves & Partners (“LKT”) advised Horizon Development on the sale of the commercial part of its LEED Platinum certified premium mixed-use property Szervita Square Building to Union Investment for one of its institutional real estate funds.

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Ups and Downs with the Global Economy
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Ups and Downs with the Global Economy

Richard Lock’s article in the topic published by BBJ is now available

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Retail Chains Law
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Retail Chains Law

On 13 December 2021 a draft bill was presented in the Hungarian Parliament which has significant implications for retail traders of food products. The bill appears to address a genuine and topical issue i.e. waste, in a way which will principally hit the large and mostly foreign owned food retailers.

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Happy holidays from the LKT Team!
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Happy holidays from the LKT Team!

We wish you and your family peace, prosperity, and happiness in the coming year.

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The Legal 500, Real Estate Country Comparative Guide 2021 with Attila Ungár, Júlia Várkonyi and Ágne...
  • Press releases

The Legal 500, Real Estate Country Comparative Guide 2021 with Attila Ungár, Júlia Várkonyi and Ágnes Hegyi

We are happy to let you know that "The Legal 500: Real Estate Country Comparative Guide" is now available online

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Managing Partner of Lakatos, Köves and Partners, Dr. Péter Lakatos LL.M  was recently honoured with...
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Managing Partner of Lakatos, Köves and Partners, Dr. Péter Lakatos LL.M was recently honoured with the “Eminent Lawyer” Award by the Hungarian Bar Association

We are very pleased and proud that Péter Lakatos, our Founding and Managing Partner, received an “Excellent Lawyer” award from the Hungarian Bar on 27 November, reflecting his standing and reputation in and contribution to the legal community in Hungary.

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Exploring the Ramifications of the Hungarian “Anti-LGBTQ+ Law” on Businesses
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Exploring the Ramifications of the Hungarian “Anti-LGBTQ+ Law” on Businesses

On June 15, 2021, Hungary passed legislation that bans the dissemination of content in schools deemed to promote homosexuality and gender change...

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The Energy Mix in Hungary – An Overview
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The Energy Mix in Hungary – An Overview

CEE Legal Matters article about the topic is now available...

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LKT advised VGP on its acquisition of a 38 HA development site at Budapest’s Liszt Ferenc Internatio...
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LKT advised VGP on its acquisition of a 38 HA development site at Budapest’s Liszt Ferenc International Airport

We are proud to advise one of our key real estate clients, VGP, a pan-European provider of high-quality logistics and semi-industrial real estate, on the acquisition of a 38 HA development site in Üllő, a strategic location adjacent to Budapest’s Liszt Ferenc International Airport.

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Chambers and Partners: Aviation Finance & Leasing 2021
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Chambers and Partners: Aviation Finance & Leasing 2021

We are happy to let you know that Chambers Aviation Finance & Leasing 2021 Global Practice Guide is now available to view online.

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Major leasing deal on the Hungarian logistics market
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Major leasing deal on the Hungarian logistics market

We are proud to advise GLP, a leading global investment manager and business builder in logistics real estate on the lease of 43,000 sqm high quality warehouse space and offices within the Sziget Logistics Center by the German based Fiege Group, one of the leading logistics providers in Europe.

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Transportation and Infrastructure in Hungary
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Transportation and Infrastructure in Hungary

CEE Legal Matters article about the topic is now available...

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LKT to advise on the purchase of BC 140 office building for Fidelidade
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LKT to advise on the purchase of BC 140 office building for Fidelidade

It is always an uplifting experience to provide support for foreign new entrants to the Hungarian property market...

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Doktor24 doubles its leased space in the CityZen office building, managed and operated by one of our...
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Doktor24 doubles its leased space in the CityZen office building, managed and operated by one of our key clients, ConvergenCE

We have been happy to advise one of our key clients, a leading asset, property and project management company, ConvergenCE on its tenant, Doktor24 more than doubling its leased space in the CityZen office building, managed and operated by ConvergenCE...

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LKT advised Norbit ASA on its acquisition of iData Kft.
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LKT advised Norbit ASA on its acquisition of iData Kft.

LKT has advised Norbit ASA on its acquisition of iData Kft. working together with leading Norwegian law firm Schjodt as lead counsel. iData is a technology company headquartered in Hungary, specializing in services related to vehicle tracking and fleet management…

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New high tech private hospital development, Duna Medical Center opens in Budapest
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New high tech private hospital development, Duna Medical Center opens in Budapest

We are happy to have advised Duna Medical Center full service private hospital with regard to its new high-tech technology hospital building development…

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Legal 500 2021– LKT at the top of the Hungarian rankings table
  • Press releases

Legal 500 2021– LKT at the top of the Hungarian rankings table

Lakatos, Köves and Partners is delighted that in the newly published Legal 500 2021 law firm rankings all of our practice areas were ranked in either Tier 1 or Tier 2.

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Chambers & Partners, Law and Practice, Real Estate 2021 with Attila Ungár and Júlia Várkonyi
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Chambers & Partners, Law and Practice, Real Estate 2021 with Attila Ungár and Júlia Várkonyi

We are happy to let you know that "Chambers & Partners, Law and Practice, Real Estate 2021" is now available online. Our Real Estate Partner, Attila Ungár and Senior Lawyer, Júlia Várkonyi provided an overview of Real Estate laws and regulations applicable in Hungary to the country-specific Q&A.

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The Co-Heads of LKT Competition team receive acknowledgement from Who’s Who Legal: Competition 2021
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The Co-Heads of LKT Competition team receive acknowledgement from Who’s Who Legal: Competition 2021

We are pleased to announce that Eszter Ritter, Co-head of our Competition team was ranked as acknowledged Competition Lawyer and Iván Sólyom as Competition Future Leader by Who’s Who Legal (WWL): Competition 2021, the Guide to the World’s leading Competition Lawyers and Economists selected by GCR’s independent research with clients and peers.

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CTP Invest was listed on the Euronext Amsterdam Exchange
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CTP Invest was listed on the Euronext Amsterdam Exchange

One of our major real estate clients, CTP Invest was listed on the Euronext Amsterdam Exchange. CTP Group is the largest full-service owner-developer of prime industrial and logistics property in the Central & Eastern Europe region...

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Recognition in Chambers Europe 2021
  • Press releases

Recognition in Chambers Europe 2021

Lakatos, Köves and Partners is delighted that in the newly published Chambers Europe 2021 law firm rankings all of our ranked practice areas achieved Band 1 or Band 2 rating...

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2021 - LKT on prestigious international award shortlists
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2021 - LKT on prestigious international award shortlists

We are pleased to announce that we have been shortlisted for the IFLR Awards in the “Hungary Law Firm of the Year” 2020 category (the only Hungarian one-country law firm on the list) and for EuropaProperty.com annual Hungarian & Balkans Real Estate Awards in the "Law Firm of the Year" for 2020.

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Chambers Global Rankings 2021
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Chambers Global Rankings 2021

Lakatos, Köves and Partners is delighted that in the newly published Chambers Global law firm rankings, our lawyers were highly ranked.

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Top Legal Executives in Hungary 2021: Interview with Péter Lakatos, Managing Partner of LKT
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Top Legal Executives in Hungary 2021: Interview with Péter Lakatos, Managing Partner of LKT

Budapest Business Journal has launched a new publication in 2021, Top Legal Executives, the most influential legal executives in the Hungarian economy...

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LKT client VGP has kicked off the construction of the new VGP Park Győr Béta
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LKT client VGP has kicked off the construction of the new VGP Park Győr Béta

We are happy to share that our client, a leading Pan-European logistics and semi-industrial real estate developer VGP has kicked off the construction of the new VGP Park Győr Béta...

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Is the Trade Association Membership exposing your company to risk?
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Is the Trade Association Membership exposing your company to risk?

Speedread — 2021 brings greater exposure for trade association members for cartel fines imposed on the trade association. The Hungarian Competition Authority (HCA) has been investigating trade associations on a regular basis – over 50 investigations were closed in the last 25 years - in virtually all areas of the economy (most recently banks, pesticides, IT, manpower). The large number of cases indicate that trade association activity remains a challenge for competition compliance efforts, and will retain the attention of the HCA in the future. This Newsletter explains the new fine enforcement regime, what companies can do to reduce their exposure, and shows recent examples of the HCA’s enforcement practice.

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The Budapest Stock Exchange invites market players to ESG consultation
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The Budapest Stock Exchange invites market players to ESG consultation

The Budapest Stock exchange issued a draft ESG (environmental, social and governance) reporting guide for Consultation. In connection with the draft Guide, the Budapest Stock Exchange invites its clients, partners and everyone having a stake in the market and interested to a public consultation.

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Lakatos, Köves & Partners announce arrival of prominent Corporate Counsel, Viktória Szilágyi
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Lakatos, Köves & Partners announce arrival of prominent Corporate Counsel, Viktória Szilágyi

We are pleased to announce that experienced Corporate/M&A lawyer Viktória Szilágyi has joined LKT’s Corporate team.

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After the Gold Rush: What Causes and Comes After an International Law Firm’s Departure from a CEE Ma...
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After the Gold Rush: What Causes and Comes After an International Law Firm’s Departure from a CEE Market?

CEE Legal Matters article about the topic is now alive.

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Season's greetings
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Season's greetings

Season's greetings from LKT

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Portfolio Property Investment Forum 2020: LKT represented Vodafone as lessee in the „Lease Deal of t...
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Portfolio Property Investment Forum 2020: LKT represented Vodafone as lessee in the „Lease Deal of the Year” in Hungary for a 14 140 m2 lease in Budapest ONE Office Park developed by Futureal

Lakatos, Köves & Partners (“LKT”) represented Vodafone-UPC in connection with the lease of its new headquarters, which deal won the „Lease Deal of the Year” at the Property Investment Forum, the most prominent real estate event of the year in Hungary organized by Portfolio (this year held for the 11th time and for the first time held online).

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Mandatory disclosure regime for international transactions
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Mandatory disclosure regime for international transactions

As of 1 July 2020, Hungary has implemented the latest amendment to 2011/16/EU Directive (“DAC6”). The purpose of DAC6 is to increase transparency in cross-border transactions to effectively combat tax evasion.

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LKT advises INNObyte on the sale of its majority stakes to listed IT company 4iG
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LKT advises INNObyte on the sale of its majority stakes to listed IT company 4iG

Lakatos, Köves & Partners (“LKT”) advises INNObyte on the sale of its majority stakes to listed IT company 4iG - one of the most significant M&A transactions in Hungary in Q 4 2020.

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Hungarian PARLIAMENT ADOPTS act ON ‘the division of undivided common property on land and on the set...
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Hungarian PARLIAMENT ADOPTS act ON ‘the division of undivided common property on land and on the settlement of land registry data of owners of real estate qualifying as land’

In order to address the difficulties arising from undivided common property of lands preventing landowners from making proper use of their land, the Hungarian Parliament adopted Act LXXII of 2020 (“Law”) to simplify the rules on the division of common property on lands, which shall be effective from 1st January 2021.

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Chambers & Partners, Law and Practice, Corporate Governance 2020 with Richard Lock and Pál Rahóty
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Chambers & Partners, Law and Practice, Corporate Governance 2020 with Richard Lock and Pál Rahóty

Chambers & Partners, Law and Practice, Corporate Governance 2020 with Richard Lock and Pál Rahóty answered corporate governance questions to Chambers and Partners…

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LKT advises on the sale of Rumbach Center, the biggest office transaction in Hungary in 2020
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LKT advises on the sale of Rumbach Center, the biggest office transaction in Hungary in 2020

LKT advised the Dubai based Al Habtoor Group, one of the MENA region’s most respected conglomerates as seller in connection with the sale of Rumbach Center to GalCap Europe, a real estate asset and investment manager specializing in Austria and Central Europe.

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Legal 500 success 2020
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Legal 500 success 2020

Lakatos, Köves and Partners is delighted that in the newly published Legal 500 law firm rankings for 2020 all of our practice areas were ranked in either Tier 1 or Tier 2.

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2020 - LKT on prestigious international award shortlists
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2020 - LKT on prestigious international award shortlists

We are extremely pleased to announce that for the IFLR (International Financial Law Review) Awards we have been shortlisted in the Hungary Law Firm of the Year 2019 category (the only Hungarian one-country law firm on the list) and for the Deal of the Year Hungary 2019 category for the CEE Legal Matters Deal of the Year, LKT was involved in two deals out of the three shortlisted...

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Dr. Péter Köves receives “For the Lawyers - Pro Collegio Advocatorum” award
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Dr. Péter Köves receives “For the Lawyers - Pro Collegio Advocatorum” award

We are happy to announce that our founding senior partner, Dr. Péter Köves received the “For the Lawyers - Pro Collegio Advocatorum” award by the Presidency of the Hungarian Bar Association. The Bar Association makes this award to lawyers, who show their commitment to the legal community by their exemplary public activities.

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LKT advises Indotek Group on the acquisition of significant shopping malls across Hungary
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LKT advises Indotek Group on the acquisition of significant shopping malls across Hungary

LKT’s M&A and Competition Law team, headed by partner Iván Sólyom in cooperation with LKT’s Banking & Finance Team, headed by Szabolcs Mestyán advised Indotek Group, a leading owner and manager of shopping centers in the CEE region, on its acquisition of Miskolc Plaza, Duna Plaza, Győr Plaza and Corvin Plaza Shopping Centers from leading French real estate investor Klépierre, the European leader of shopping mall management company in Europe.

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LKT advises GLL Real Estate Partners (GLL) on the sale of Roosevelt Office Center
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LKT advises GLL Real Estate Partners (GLL) on the sale of Roosevelt Office Center

LKT advised the Munich based GLL (part of the Macquarie Group) as seller in connection with the sale of Roosevelt Office Center located on Széchenyi square / Chain Bridge, to OTP Real Estate Fund.

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LKT advised Indotek Group
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LKT advised Indotek Group

LKT advised Hungarian Real Estate Financing Zrt. (Indotek Group) on the first ever sale of a non-performing loan portfolio by the National Deposit Insurance Fund (NDIF). With this complex and pioneering transaction, Indotek Group acquired a portfolio of NDIF’s claims against 11 credit institutions in a public state tender.

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LKT wins "Deal of the Year" award for Hungary for the second year
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LKT wins "Deal of the Year" award for Hungary for the second year

Lakatos, Köves & Partners (LKT) won the "Deal of the Year" award for Hungary for 2018 for its work alongside Slaughter & May on the Hungarian aspects of Vodafone’s acquisition of Liberty Global’s operations in Germany, the Czech Republic, Hungary and Romania. LKT won the “Deal of the Year” award for Hungary for 2017 for its work on Waberer’s IPO.

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March 2019 - LKT on prestigous International Award Shortlists
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March 2019 - LKT on prestigous International Award Shortlists

We are extremely pleased to announce that we have been shortlisted in the Central Europe Law Firm of the Year 2018 category for the Lawyer European Awards (the only Hungarian one-country law firm on the list) and for the Deal of the Year Hungary 2018 category for the CEE Legal Matters Deal of the Year for the Vodafone acquisition of UPC’s cable business on which LKT, alongside Slaughter & May, represented Vodafone.

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LKT again wins "Law Firm of the Year" award at the EuropaProperty Real Estate Awards
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LKT again wins "Law Firm of the Year" award at the EuropaProperty Real Estate Awards

Lakatos, Köves & Partners (LKT) won the "Law Firm of the Year" award for 2018, having won the same award for 2017, in the 2nd EuropaProperty.com annual Hungarian & Balkans Real Estate Awards. EuropaProperty.com is a leading Commercial Real Estate publisher and Events organiser in Central Eastern and Southern Eastern Europe.

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LKT advises on Karlovarské mineralní vodi a.s.’s acquisition  of distribution rights for Pepsi Co pr...
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LKT advises on Karlovarské mineralní vodi a.s.’s acquisition of distribution rights for Pepsi Co products in Hungary and all distribution related assets

LKT advised Karlovarské mineralní vodi a.s. (“KMV”) on the acquisition of distribution rights for Pepsi Co products in Hungary and all distribution related assets. The transaction formed a part of the regional (Czech, Slovakia, Hungary) acquisition by KMV of Pepsi Co’s distribution activities.

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IBA in Rome, Expo Real in Munich
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IBA in Rome, Expo Real in Munich

As in every year, October has been busy, as summer recedes into the past and year end deadlines approach, and it also sees two important events in our “business development” calendar, the International Bar Association (IBA) Annual Meeting and Expo Real, the annual gathering of real estate professionals in Munich.

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LKT being awarded for the Waberer’s IPO matter in the „Deal of the year (Hungary)” category by CEE L...
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LKT being awarded for the Waberer’s IPO matter in the „Deal of the year (Hungary)” category by CEE Legal Matters

June 6 - a night of celebration for Lakatos, Köves & Partners (“LKT”) being awarded for the „Deal of the year (Hungary)” at the CEE Legal Matters Deal of the Year Awards Banquet in Prague with the Waberer’s IPO matter.

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LKT advises on Vodafone’s acquisition of Liberty Global’s operations in Hungary
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LKT advises on Vodafone’s acquisition of Liberty Global’s operations in Hungary

On 9 May, Vodafone announced its agreement to acquire Liberty Global’s operations in Germany, the Czech Republic, Hungary and Romania for an enterprise value of €18.4 billion...

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The buy-out of the minority shareholder of Waberer’s-Szemerey Logisztika Kft. („WSZL”) has been clos...
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The buy-out of the minority shareholder of Waberer’s-Szemerey Logisztika Kft. („WSZL”) has been closed on 3 April 2018 with the legal support of LKT

Lakatos, Köves & Partners („LKT”) advised Europe’s leading transportation mogul, WABERER’s INTERNATIONAL Nyrt. („Waberer’s”) again throughout the buyout of its minority partner in WSZL...

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LKT advises Atrium Properties on the sale of EuroCenter
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LKT advises Atrium Properties on the sale of EuroCenter

LKT’s Real Estate team, headed by partner Attila Ungár, advised Atrium Properties, a leading owner and manager of shopping centres in the CEE region, on its sale of EuroCenter Óbuda Shopping Center in Budapest to leading Hungarian real estate developer Wing Zrt.

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HVG HR Plusz – Interview with Éva Bognár on recent court cases and hints regarding the new Labour Co...
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HVG HR Plusz – Interview with Éva Bognár on recent court cases and hints regarding the new Labour Code – 2018

Leading Hungarian business journal HVG HR Plusz published a 4-page interview with Éva Bognár on recent court cases and hints regarding the new Labour Code.

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