Lovells combines the expertise of two leading practices – formerly Lovell White Durrant in the UK, continental Europe, North America and Asia and Boesebeck Droste in the major financial and commercial centres in Germany and a number of other, in particular central European, countries. Building upon strong and broadly based domestic practices, we provide co-ordinated, multi-jurisdictional services from our offices in Europe, and in other common and civil law jurisdictions.

Lovells now has more than 320 partners and a world-wide staff of over 3,300 operating from 26 offices around the world. Our aim is to provide clear, concise and practical advice based on an in-depth knowledge of the legal, regulatory and commercial environments within which each of our clients operates and a full understanding of their business objectives.

Our size and level of specialisation enables us to offer an exceptional service in all areas of corporate and financial law. We have gained the reputation for establishing close and efficient working relationships with our clients, resulting in a high degree of client satisfaction and loyalty. Helping our clients achieve their business objectives is a key part of our approach to the provision of legal services.

 

 

The Budapest office

 

Squarra & Partos was established in Budapest in 1997 and has worked from that time together with Boesebeck Droste (one of the two law firms that merged on 1 January 2000 to form Lovells). Squarra & Partos became an associated office of Lovells on 1 February 2000.

 

The firm operates to the highest professional level under Lovells worldwide standards and builds and maintains strong and supportive relationships with clients.

Lovells' commitment to servicing the legal and business needs of it clients in Central and Eastern Europe is evidenced by the association with Squarra and Partos.

This association ensures, together, we provide clear, concise and practical advice based on an in depth knowledge of the legal, regulatory and commercial environments within which our clients operate. We offer high professional standards, which ensure our clients are central to everything we do. We are committed to delivering a comprehensive first class service to both global and domestic clients.

 

The Budapest office is staffed by four partners and a supporting team of lawyers. We advise in English and German as well as in Hungarian.

 

 

Our approach

 

We offer our clients:

 

• clear and practical advice based on knowledge and awareness of our clients' business needs, whether locally or internationally

• a balance between specialisation and broader legal knowledge, providing expert advice quickly and with breadth of vision

• flexibility and willingness to adapt to new challenges, differing legal environments and changing commercial realities

• ready access to partners and senior lawyers

• friendliness and approachability at all levels within the firm.

 

 

Main areas of practice

 

 

COMMERCIAL PROPERTY

 

Our commercial property practice has advised a number of both international and domestic clients on a diverse range of projects throughout Hungary. Our property team is able to advise on all aspects of property transactions including the setting up of special purpose corporate vehicles for acquisition, leasing and marketing as well as planning regulations and project finance.

 

 

CORPORATE/COMMERCIAL

 

We have advised companies in relation to several forms of inward investment and the Budapest office has a particular speciality in handling deals involving publicly tradable shares. The corporate practice also undertakes all types of joint venture work, private equity and project finance transactions. We also assist and advise our clients with respect to their ongoing activities in Hungary and elsewhere including the negotiation and drafting of commercial and trading agreements and all compliance related work.

 

 

BANKING

 

The raising of funds for general corporate purposes, infrastructure, real estate and many varieties of commercial projects is an area of expertise of this office. We have excellent contacts in some of the leading banks of Hungary and with other institutions interested in providing debt and equity finance.

 

 

TELECOMMUNICATIONS & E-COMMERCE

 

The increasing globalisation of the telecommunications industry and present changes in Hungarian legislation, provide enormous opportunities for business and investors in Hungary and the region. The Budapest office has advised both telecommunications service and equipment suppliers and has been involved in acquisitions, joint ventures and infrastructure investments in the sector.

 

 

INTELLECTUAL PROPERTY

 

The Budapest office advises on all aspects of the acquisition, protection, transfer and enforcement of intellectual and industrial property rights, including advice on licensing and franchising transactions, technology transfer and copyright.

 

 

EMPLOYMENT LAW

 

We have extensive experience in advising on all aspects of employment law within the context of, for example, mergers, acquisitions and commercial/trading agreements. We also represent clients in employment related litigation.

 

Where to find us

 

The firm's Budapest office is located in the centre of Budapest

at the following address:

Andrássy út 2

1061 Budapest

Hungary

Tel.: +36 1 474 2080

Fax.: +36 1 474 2081

email: lawfirm@lovells.hu

Website: www.lovells.com

 

If you would like further information about the firm or the members of firm, please contact

Dr Thomas A. Squarra Managing partner in our Budapest office (tel. +36 1 474 2080, fax: +36 1 474 2081, email: squarra@lovells.hu).