Andras Daniel Laszlo, a former partner at Szecskay, has teamed up with Zoltan Titusz Fekete, who previously worked at RSM Hungary and for ten years with the Hungarian tax authority, and with Gaspar Bagamery, who worked with DLA Piper and Szecskay, to establish a new boutique in Budapest under the brand of LFB.
According to the new firm's press release, the partners "intend to capitalize on their experience with leading law firms and consulting companies to start a new venture providing integrated legal and tax services on the field of dispute resolution and M&A.”
The new firm will also include Counsel Pal Batki, who specializes in white collar crime and international criminal law.
“We wanted to do what we are the best in and we felt that the Hungarian market is mature enough to support a true boutique approach,” said Litigation and Arbitration expert Andras Daniel Laszlo. “Our focus is on providing comprehensive, tailor made strategies to complex corporate and business disputes, exploiting our unique practice mix of commercial, tax, and criminal law.”
Fekete, who focuses on tax audits and tax litigations, also emphasized the integrated multidisciplinary approach of the firm. “There are many great law firms who start developing tax practices, and many great tax advisory firms who hire lawyers. In our case, however, the legal and tax experts who combine forces are both on the top of their respective games.”
While Laszlo and Fekete specialize in legal and tax disputes, the trio's third partner concentrates on corporate and finance transactions. “Being both an attorney and a tax advisor, I can attest first-hand the value that our integrated approach brings to the table in a transaction,” said Bagamery, adding that “our [clients'] overwhelmingly positive reaction to our new shop confirms our decision.”
According to the LFB press release, “the firm acts in several high profile cases from day one, including tax and commercial litigations, investment arbitration procedures as well as corporate acquisitions, amongst others in the media and publishing, advertising, IT, health, construction and logistics sectors. In cross-border cases, the firm relies on the extensive international, professional, and personal network of the founders, including that of dual-qualified Laszlo, who is admitted both in Hungary and New York, but they plan to add international counsel to the team in Budapest soon.”