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Act Ban & Karika Attorneys Helps Bader Group Reorganize

Act Ban & Karika Attorneys Helps Bader Group Reorganize

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Act Ban & Karika has helped Germany's Bader Group reorganize within the framework of the cross-border insolvency proceeding of its Hungarian subsidiary.

According to Act Ban & Karika, “the multi-million euro transaction was the first cross-border insolvency proceeding in Hungary, in which a Hungarian company initiated its main reorganizational insolvency proceeding in another member state, but it was also a curiosity in Germany. The reorganization affected the Romanian subsidiary as well, thus the transaction required multinational cooperation of companies and professionals.”

Act Ban & Karika’s team included Managing Partner Marton Karika and Attorney Tibor Nyitrai.

 

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DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa, and Asia Pacific. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

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