Law Office of Gardos, Furedi, Mosonyi, Tomori
Our firm is a Hungarian law firm specializing in mergers and acquisitions, securities, capital markets, finance and banking. We also have considerable experience in telecommunication law, media law,competition law and labor law issues. Most of our lawyers have studied and/or worked in Western Europe or in the United States. We provide legal services in English as well as in Hungarian. We havegood working relations with international law firms and our capability to co-operate with outside counsels or in-house lawyers of our clients is proven.The predecessor of our firm was established in 1987 to render legal services primarily for the largest state owned commercial bank at the time. In 1992, our predecessor was restructured and four of ourpartners continued to work under the name Law Office of Gárdos, Benke, Mosonyi, Tomori, and as of 2003 under the name Law Office of Gárdos, Füredi, Mosonyi, Tomori.As evidence of the firm's expertise, many of our partners lecture in law at various educational and training institutions, and we are members of governmental legislation committees and important professionalbodies.Areas of PracticeCorporate law, Mergers and Acquisitions, PrivatizationRecently one of the most significant fields of law is corporate law and the closely related mergers and acquisitions. Our firm has been very active in this field. We acted as local counsel e.g. in theprivatization and subsequent restructuring of the Hungarian edible oils, margarine and detergent industry, in the international transaction of shareholding acquisition between two airline companies and later, inthe divesting of its shareholding, and in the acquisition of two Hungarian local gas distribution companies as part of the privatization of the Hungarian gas industry. In many cases we have continued torepresent the client in its Hungarian business activities.Our mergers and acquisition practice includes, for example, the creation of an integrated network from the more than 200 Hungarian savings co-operatives, acquisitions in financial and capital markets, theacquisition of assets and contracts and the takeover of the workforce in four Hungarian local telephone concession areas.Capital markets, securities and stock exchangeWe provide legal assistance in the establishment and licensing of securities firms and advise our clients in public and private securities placements. We prepare general business terms and conditions andstandard contract forms used in the course of brokerage activity and provide day to day legal assistance as well.Two of our partners are members of the Arbitration Courts of the Budapest Stock Exchange and the Budapest Commodities Exchange, one partner is a member of the Legal Committee of the BudapestStock Exchange. Some of us also lecture in Securities and Banking law at the Faculty of Law of Eötvös Lóránd University, Budapest, the University of Economics, Budapest and the International TrainingCenter for Bankers, Budapest. Finance and BankingOur firm provides legal assistance in the establishment and licensing of banks and other credit institutions, as well as assistance through the development of rules for their organization and operation. Weprepare general business terms and conditions and other standard contract forms used in the course of banking activity.We have considerable experience in different types of financing. We have acted as legal counsel to foreign and Hungarian banks and international financial institutions in syndicated loan transactions, projectfinance and restructuring of loans.We are proud to mention that, as a sign of our firm's expertise in financial law, we were present on the legislation committee of the Hungarian Government on the new Banking Act.Pension FundsWe have acted as legal counsel at the establishment and the licensing of many Hungarian pension funds, including the preparation of their internal rules and asset management agreements, and we have builtup good long term working relationships with many of them.LicensingIn the course of our privatization projects we have obtained unique experience relating to government contracts, licensing and concession, and have had the opportunity to become acquainted with theoperation of many Hungarian authorities.We have gained a considerable experience in representing foreign clients before the Hungarian Competition Authority in merger control proceedings with respect to worldwide mergers and acquisitions.LitigationWe focus our litigation practice on the areas of law we specialize in. There is an increasing amount of litigation in the field of capital markets and securities due to the increasing significance of securities in theeconomy. Our firm has developed a successful practice in this field.

practice areas

Alternative Dispute ResolutionBanking LawCorporate LawInsuranceLabor and EmploymentSecuritiesUnfair Competition

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