Banking & Finance
Global Guide 2024 : Hungary
Band 3
About
Provided by Wolf Theiss
Our Reputation
As one of the leading Banking and Finance practices in Central, Eastern and Southeastern Europe (CEE/SEE) our team draws on deep banking product expertise and works with our other specialist teams to develop innovative solutions for our clients, often incorporating complex financing techniques that lead the industry.
Specialisation
Clients seek out our expertise in project finance, real estate finance, acquisition finance and private equity, as well as refinancing and financial restructuring and sale of non-performing loans. We are a leader in the field of financing, especially for solar energy projects, large infrastructure and real estate.
As a result of our industry knowledge, our team understands the challenges you face and can speak your language in the banking and finance sector. We have also experienced a large increase in non-traditional and cross-practice work that requires collaboration across practices and borders. We offer an integrated approach by working seamlessly together with our experts in other areas to provide wholistic legal solutions to help you achieve business success.
Clientele
Our team advises the largest Hungarian and international banks, insurance companies, funds and other financial services institutions as well as borrowers and customers on a wide variety of matters from commercial lending, project financing and private equity to regulatory work, takeovers, credit-linked notes and securitisation.
Chambers Review
Wolf Theiss's team climbs a tier up as a result of strong market support. The group has a strong presence in the region and is able to handle multi-jurisdictional mandates. The law firm often assists banks with project financing and refinancing mandates.
Strengths
Provided by Chambers
"They reacted quickly to any request of the parties and handled any issues that have arisen during the negotiations."
"They are good at finding the common ground. That's their biggest strength. "
"The lawyers had clear vision how to step forward and solve complex issues."
"They reacted quickly to any request of the parties and handled any issues that have arisen during the negotiations."
"They are good at finding the common ground. That's their biggest strength. "
"The lawyers had clear vision how to step forward and solve complex issues."
Notable Practitioners
Department head Melinda Pelikán climbs a tier up as a result of strong market support. She assists lenders with project financing, amendments to existing loan agreements and refinancing matters.
"Melinda Pelikán has a lot of experience."
"She quickly understands all aspects of complex cases, she reacts quickly to every issue, and has the ability to find the most effective solutions that are favourable for all parties."
Gergely Szalóki goes up a band as a result of strong market support. He assists both lenders and borrowers with revolving credit facilities and amendments to existing facilities agreements. He also acts on bridge financing, acquisition financing and loan refinancing, as well as assisting with fintech regulatory matters. Gergely Szalóki left Schoenherr and joined Wolf Theiss in May 2024.
"We knew we were in safe hands with the proactive approach to our process."
"Gergely Szalóki is responsive, proactive and pragmatic, and delivers documents with a high level of accuracy."
Ranked Lawyers at
Wolf Theiss
Hungary
Members
Provided by Wolf Theiss
Clients
Provided by Wolf Theiss
CIB Bank
Erste Bank
Kommunalkredit Austria
OTP Bank
Oberbank
Optimum Solar
Raiffeisen Bank
The Export-Import Bank of China
UniCredit Bank
Vienna Insurance Group
Industries
Provided by Wolf Theiss
Automotive
Banks
Energy
Financial Institutions
Insurance
Private Equity and Other Funds