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HBK Partners and Bekes Partners Advise on Hotel Novotel Szeged Acquisition

HBK Partners and Bekes Partners Advise on Hotel Novotel Szeged Acquisition

Hungary
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HBK Partners and Bekes Partners have advised Novohot Kft. on the acquisition of Hotel Novotel Szeged from Accor Hotels. Jeantet and Dentons advised Accor Hotels in the sale.

HBK Partners also represented Novohot in the financing of the transaction, which was provided by Unicredit Bank.

According to HBK Partners, "after the sale and transfer of all of the hotel’s assets and employees, Accor will remain to be in charge of the operation of the Hotel under a long term management contract."

The HBK Partners team was lead by Partner Marton Kovacs and included Of Counsel Endre Egeto and Associate Eszter Berki.

The Bekes Partners team consisted of Partners Balazs Bekes and Bence Magyari and Associates Katalin Prjevara and Gergely Bogdan.

Jeantet and Dentons did not reply to our inquiries about the deal. 

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Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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