Under a law passed by Parliament yesterday, all companies with more than 50 employees will be obliged to have a whistleblowing system in place from December. Employers with 250 employees cannot wait any longer, as they will have 60 days to implement the system. The question is, of course, whether companies will see the regulation as another unnecessary administrative burden or whether it will trigger an avalanche of internal investigations.
Special Tax, Supplementary Tax, Contribution – A Significant Increase in the Number of Taxes
Social and economic changes in 2022 have broken a long downward trend recently, with the number of tax categories increasing from 51 to 59 last year. We give you the latest lowdown.
The Corner Office: The Million Dollar Question
In “The Corner Office” we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With a rough year drawing to a close, and market uncertainties running high, the question this time: If you had a million dollars, what would you invest it in today?
A Closer Look: Jalsovszky's Agnes Bejo on Zambo Vagyonkezelo Sale of Tuzallotechnika
On November 28, 2022, CEE Legal Matters reported that Jalsovszky had advised Zambo Vagyonkezelo on the pre-exit restructuring and sale of Tuzallotechnika to Alba Industrial Holding. CEELM reached out to Jalsovszky Partner Agnes Bejo to learn more about the transaction.
Agnes Bejo Makes Partner at Jalsovszky
Jalsovszky’s Head of Corporate and M&A and former Senior Associate Agnes Bejo has been appointed as a Partner with the firm.
Peter Szilas Joins Jalsovszky to Head Commercial Litigation Practice
Former CMS Senior Counsel Peter Szilas has joined Jalsovszky as a Senior Associate and Head of the firm's Commercial Litigation practice.
Jalsovszky and Peremiczki & Turi Advise on Zambo Vagyonkezelo's Sale of Tuzallotechnika to Alba Industrial Holding
Jalsovszky has advised Zambo Vagyonkezelo on the pre-exit restructuring and the sale of Tuzallotechnika to Alba Industrial Holding. Peremiczki & Turi advised the buyer.
Hot Practice in Hungary: Agnes Bejo on Jalsovszky’s M&A and Private Equity Practice
The dynamic M&A and Private Equity practice has been the standard bearer for Jalsovszky in the past few months, mainly driven by the post-pandemic release of investment funds and booming production and healthcare sectors in Hungary, according to Practice Leader Agnes Bejo.
The Buzz in Hungary: Interview with Tamas Feher of Jalsovszky
Growing inflation and budgetary limitations are the key challenges faced by Hungary's newly elected parliament, according to Jalsovszky Law Firm Partner Tamas Feher.
The Corner Office: Favorite Professor
In “The Corner Office” we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. The question this time: Who was your favorite professor in university and why?
Havel & Partners, Jalsovszky, and Matzner et al Advise on Focus on Clever Technology's Acquisition of Shares in BubbleStar and Global TS
Havel & Partners and Jalsovszky have advised Focus on Clever Technology on its acquisition of a 50% stake in BubbleStar and Global TS from Scorpione CZ s.r.o. Matzner et al advised the buyers as well while solo practitioner David Zavadil advised Scorpione on the deal.
Kinstellar Advises X-Chem on Acquisition of ComInnex
Kinstellar has advised US-based X-Chem on its acquisition of Hungary's ComInnex.
The Corner Office: How Do You Disconnect?
In “The Corner Office” we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With summer having just passed, the question this time: What is your one favorite yearly activity to disconnect?
The Corner Office: Childhood Dreams
In “The Corner Office” we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. The question this time: “What did you most want to be when you were little?”
Not Even Loan Contracts Are Set In Stone
A common stereotype prevails that banking contracts are non-negotiable, and borrowers hardly have a say in the terms of their contracts. However, this is not the case: like any economic operator, banks are also willing to compromise. Banks’ flexibility varies depending on who and when is seeking preferential treatment and on the contractual terms subject to negotiations.
Jalsovszky Advises on Luma Automation's Acquisition of IronTech
Jalsovszky has advised Luma Automation S.A. on the acquisition of a 100% shareholding in IronTech Zrt. from Tibor Bochkor. Jalsovszky has also advised Raiffeisen Bank and CIB Bank, as lenders granting financing for the acquisition.
Jalsovszky and Ernst & Young Advise on Sale of KTT to Axel Johnson
Jalsovszky has advised Janos Kubinszky on the sale of a 100% shareholding interest in KTT Kft. to Axel Johnson International. Ernst & Young advised the buyer on the deal.