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Danubia Group/Sar and Partners Announce Restructuring in Hungary

Danubia Group/Sar and Partners Announce Restructuring in Hungary

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The Danubia Group and Sar and Partners have announced a restructuring of their operations. As part of the restructuring, the Sar and Partners team will split in two: Danubia Legal and Sar and Partners.

The Danubia Group originally consisted of three entities: Sar and Partners, Danubia Patent and Law Office, and Danubia IP. Sar and Partners will split into Danubia Legal, which will continue to work within the group, and Sar and Partners which “will operate separately from the Danubia Group but still cooperating with them on demand.”

Danubia Legal will consist of former Partners from Sar and Partners: Eszter Szakacs, Jozsef Talas, Judit Lantos, and Zsofia Klauber along with several former Sar and Partners lawyers. The firm will deal with special IP matters – patents, trademarks, design and related litigation and enforcement – with Lantos acting as the Managing Partner.

The other two Partners, Ildiko Komor Hennel and Csaba Sar, will continue to work under the Sar and Partners name and will deal with copyright, IT, data protection, and litigation. Hennel was the acting Managing Partner of Sar and Partners (as reported on by CEE Legal Matters on February 7, 2017) but Sar will now take on that role.

The operations of Danubia Patent and Law Office, which deals with industrial property rights and Danubia IP, which deals with innovation consulting services, will continue in the same way prior to the restructuring, under the leadership of Managing Partner Arpad Petho and CEO Istvan Molnar, respectively.  

“This restructuring will, of course, not influence our ongoing cases and our clients who have already chosen to use our services,” assured Petho, adding: “The further unified Danubia brand we will represent from now on through all our three different branches will expectedly further strengthen our market positions and will facilitate our foreign partners in selecting the best domestic experts they are looking for.”

“Under this renewed and unified Danubia brand, besides serving further our significant foreign clientele, we want to put more emphasis on our legal advisory services offered to domestic enterprises in connection with their trademark and patent matters and transactions, including the support of the continuously growing number of innovative start-up companies,” added Lantos.

Sar further commended: “After almost 2 decades of very close cooperation, the restructured Sar and Partners Attorneys at law will focus now in a new environment on the special legal advisory services developed in the recent years while also keeping and strengthening their legal praxis in the field of copy right and neighboring rights based on decades of experience.”

Hungary Knowledge Partner

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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