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Hugh Owen Retires from Allen & Overy

Hugh Owen Retires from Allen & Overy

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Hugh Owen, long-time Partner at Allen & Overy, has announced that he is retiring from the Magic Circle firm and will practice independently as Go2 Law going forward. Owen will continue to operate out of Slovakia, where he has lived since 2000 -- though since November 2013 he spent the majority of his time working in A&O's Budapest office.

Owen obtained his law degree from Kings College London, University of London in 1992 and first joined A&O in 1994 as a trainee. He did a secondment in Prague in 1995, and qualified in London in 1996. According to him, "I returned to Prague in 1998, and in 2000 went to Bratislava where I assisted in the opening of the office. I started then to work in Romania and Bulgaria, soon afterwards expanded to include the former Yugoslavia, and then set up and headed the SEE desk. In 2008 I spearheaded the successful opening of our associated office in Romania. In 2015 I became head of the Ukraine Desk and recently assisted in launching a new Baltic desk. I have been a partner since 2004."

Among the many large-scale corporate and commercial transactions throughout CEE Owen has worked on over the years are a number of privatizations in Slovakia and Romania. He specializes in private equity, including advising on the acquisition by AIG Capital Partners of a controlling stake in Bulgarian Telecommunications AD, which, at nearly EUR 2 billion, represented the largest M&A transaction ever in Bulgaria and one of the largest leveraged finance transactions in Central & South Eastern Europe. 

Owen will officially retire from Allen & Overy on July 31, 2017, though he expects to retain a professional relationship with the firm going forward, albeit in a different form. "My consultancy is non-exclusive," he says, "but the expectation is that for now my main client will be A&O."

Among other contributions, Owen wrote the Guest Editorial for the October 2014 issue of the CEE Legal Matters magazine.

Editor's Note: After this article was published, Hugh Owen sent the following statement to CEE Legal Matters: "It has been a real pleasure to work with exceptional colleagues at A&O across the globe and in CEE, working for a Magic Circle firm for nearly quarter of a century. I am looking forward to this next stage of my career, where I will continue to work with many of my A&O colleagues and A&O's relationship firms in C&SEE and the Baltics, focusing on English law M&A."

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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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