Insolvency 2025

HUNGARY Law and Practice Contributed by: John Fenemore, Szabolcs Mestyán, Adrienn Mándoki and Nóra Kertai, Lakatos, Köves & Partners

Lakatos, Köves & Partners (LKT) is the Hungarian counsel of choice for many of the world’s leading law firms and investors. Its lawyers work on sophisticat - ed cross-border transactions on a daily basis and un - derstand the needs and expectations of international clients and aim to be a constructive and dependable part of their team. LKT has an unrivalled understand - ing of the Hungarian legal and business environment. It has a fully integrated Hungarian law insolvency and

restructuring capability, drawing on the expertise of its strong finance, financial regulatory, real estate, corporate and litigation practices. It provides a com - plete service covering the Hungarian law needs of clients, from the implementation of large, complex multi-jurisdictional restructurings in Hungary to local standstills, restructurings, enforcement and insolven - cy procedures.

Authors

John Fenemore is a partner in the banking and finance group at LKT. He is an English and Hungarian qualified banking lawyer with wide experience of cross-border transactions throughout the region. He has

Adrienn Mándoki is a senior insolvency, litigation and competition lawyer at LKT. Her primary focus is on insolvency, enforcement and litigation in distressed situations. She also advises on competition regulatory

expertise in a wide range of capital markets and banking transactions including bond issuance, unitranche debt, syndicated loan transactions, local law restructurings and the implementation of foreign restructurings in Hungary. He is a member of the Hungarian Bar Association as well as the Law Societies of England and Ireland, the IBA and INSOL. Before rejoining LKT in 2016, he spent 14 years in the banking group at Clifford Chance in London and Bucharest.

matters, including merger control, cartel, and abuse of dominant procedure cases. She has worked on several investigations and advised many clients in relation to their merger filings. She is continuously providing competition law-related advice to various transactions and provides advice on recurring antitrust-related queries to big clients.

Nóra Kertai is a banking and finance, capital market and aviation lawyer at LKT. She specialises in cross-border financing transactions, corporate and asset-based financing, with a focus on aircraft sale and purchase,

Szabolcs Mestyán is a partner at LKT and heads its market-leading banking and finance, capital markets and aviation practices. His experience in resolving special situations is well known and respected in the

financing and securitisation. Her expertise also includes restructuring and complex financial arrangements. She manages international transactions and provides comprehensive legal support across different legal systems.

Hungarian market. He assisted EBRD in developing the new guidelines for the management of NPLs and was involved in most of the larger NPL transactions in Hungary and across the CEE region.

168 CHAMBERS.COM

Powered by