Kapolyi Law Firm Celebrates Its’ 25th Anniversary

We are thrilled to announce that Kapolyi Law Firm is celebrating its 25th anniversary this year. This milestone is a testament to a quarter century of hard work, dedication, and shared success.

Throughout these 25 years, we have navigated numerous challenges and seized many opportunities. What has remained constant is our clients’ trust and support. We would not be where we are today without them. We would like to thank them for entrusting us with their legal matters and for the opportunity to collaborate on a diverse range of projects. Their success is our greatest reward.

We are also proud to have received international recognition year after year. Our outstanding rankings in the leading directories of the legal sector and the exceptional reviews we receive from our clients confirm that our commitment to quality legal services and our expertise are leading us in the right direction. These accolades reflect not only our work, but also your trust and loyalty.

As we reflect on the past 25 years, we are proud of our accomplishments and the professional relationships and friendships we’ve cultivated. Looking ahead, we are excited about the future challenges and opportunities. We believe the next 25 years will be as successful as the last. We remain dedicated to delivering the highest quality legal services, and we will continue to achieve great things together, with our clients.

 

Kapolyi Law Firm welcomes a new head to its Corporate and M&A Practice Group

We are delighted to welcome an old-new member to our corporate team, Dr. Máté Hájas, who will once again strenghten  our team with his expertise and many years of experience. Máté started his legal career as a trainee lawyer at Kapolyi Law Firm and now, after nine years, he returns to us in a senior position.

Máté worked as a senior lawyer at DLA Piper in recent years, where he gained significant experience in corporate, capital markets and financial markets law.  In addition, he has been involved in a number of significant M&A transactions, and has handled several corporate restructurings, mergers and demergers.

As head, dr. Máté Hájas aims to further strengthen the market position and reputation of our corporate group. His extensive experience and innovative approach will ensure that our group continues to achieve significant success in the future.

He brings fresh and innovative approaches to new legal challenges. Through his extensive experience he is well versed in the nuances of the profession, handles complex cases effectively and keeps up to date with the latest legislation and market trends. His particular strengths are excellent analytical skills and creativity. These, combined with his extensive experience, will enable him to regularly participate in the most challenging cases and serve our clients’ needs at the highest level.

 

 

The Legal 500: Kapolyi Law Firm is still among the best

Kapolyi Law Firm continues to be ranked among the top Hungarian law firms by The Legal 500. The firm has been ranked among the most prominent for years for its involvement in major projects such as the successful share issue of the AutoWallis Group, and has been mandated to represent the firm before the MNB in the licensing process of a credit institution, an electronic money issuer and a payment institution.

The Legal 500 is one of the world’s most respected independent legal publications, ranking annually the best performing law firms and lawyers in business law. The rankings are compiled based on 300,000 client feedbacks, applications and peer interviews. In the latest edition of the Legal 500, Kapolyi Law Firm was again rated Tier 2 in the areas of banking, finance and capital markets, and real estate and construction law. The firm, which is celebrating its 25th anniversary, has also achieved a Tier 3 rating in corporate law/M&A and dispute resolution categories.

Our law firm has also received several awards based on individual performance. Sándor HABÓCZKY, Head of the Real Estate and Construction Practice Group, was once again named one of the best in The Legal 500 “Leading Individual” category. Viktor KREZINGER, Head of the Capital Markets Practice Group, has been included in the elite list of “Next Generation Partners” for the fourth consecutive year. In addition, Martin GORTVA, Head of our Global Immigration and Mobility Practice Group, was also recognized in the “Rising Star” category for his work in the field of real estate and construction law.

The firm’s head, József KAPOLYI, emphasized that the recognition reflects not only client satisfaction, but also the firm’s efficient, task-oriented and individual needs-focused approach. And their flexible and practical solutions are key to meeting clients’ changing needs.

Kapolyi Law Firm is among the top Hungarian law firms again according to Chambers and Partners

Kapolyi Law Firm’s Banking, Finance and Capital Markets Practice along with its Real Estate Group has again been ranked among the best Hungarian law firms in 2024 by independent international legal rating agency, Chambers and Partners. In recognition of the excellent performance of our experts, Viktor Krezinger, head of our capital markets group, and Sándor Habóczky, head of our real estate group, are also among the best.

We would like to thank our clients for their cooperation and trust, which have helped us to achieve exceptional results for many years.

Our Expert on Radio Jazzy

The morning economic and public affairs programme on Radio Jazzy focused on typical problems with property sales contracts. The guest and expert of the Business Class broadcast on 19 February was Martin Gortva, LL.M., Head of our Global Immigration and Mobility Group and Deputy-Head of our Real Estate Law Group.

The interview can be listened at the following link: https://bit.ly/OurexpertonRadioJazzy

Increasing fines and expected labour inspections from March 2024

As of 1 March 2024, significant changes will enter into force related to labour safety and health and labour fines. According to the Ministry of National Economy, the government will pay special attention to the prevention of employment-related irregularities, with a special focus on the prevention of workplace accidents.

The lower limit of the labour protection fine per employee will be doubled, beeing increased to HUF 100,000, while the upper limit will be increased tenfold, reaching HUF 100 million. The lower limit of the labour fine will be increased fivefold to HUF 150,000, while the upper limit will be maximum HUF 20 million for medium-sized companies and HUF 25 million for companies employing 250 or more employees.

In order to increase the fines and meet the government’s preventive targets, labour inspections are expected to become more frequent in 2024. Employers should prepare for these changes and improve their health and safety and labour systems where necessary to comply with applicable legislation and minimise potential fines.

 

5 years with AutoWallis, a successful BSE player

The AutoWallis Group, listed in the Premium category of the Budapest Stock Exchange, is celebrating five years’ anniversary of its carreer on the stock exchange, which we have been providing legal advice to its domestic and international transactions since its listing. The automotive company commemorated the past years with a bell-ringing ceremony on 12 February, during which it became an international player with an outstanding, trend-setting growth and a turnover of almost €1 billion.

 

Artificial intelligence? New legal trends? Enough well-qualified associate despite the saturated Hungarian labour market? Dr József Kapolyi was interviewed by Budapest Business Journal

In its December edition of TOP 50 Legal Executives, the BBJ asked the head of our firm about, among other things, the impact of digitalization and artificial intelligence on the legal profession, what will be the next legal trend shaping the market, and whether it is easy to find well-qualified trainee lawyers despite the saturated Hungarian labour market.

If you are interested in his answers, read the interview below:

Business breakfast around DORA

On November 8th, our guests had the opportunity to ask their questions about the introduction of DORA and IT Governance issues affecting the domestic financial sector, while enjoying an exceptional breakfast at Larus Restaurant.

Viktor KREZINGER, Head of our Capital Markets Team, and Éva KAZELLA, Head of our IT Practice Group, gave presentations on behalf of our firm.
Their aim was to raise awareness among the institutions concerned about their management responsibilities under the DORA regulation and the supervisory sanctions that may result from a breach of the regulation. The presentations also covered practical methods for compliance.

At the business breakfast, organised jointly with Rubrik, our speakers were joined by Dávid BOKROSSY, Head of Customer Relations for the Central European region of Rubrik, presenting the most important information on the subject matter of the presentations and some practical aspects of the regulation.

If your company is also concerned by the issue, please contact our experts for help!

AutoWallis acquired Share Now Hungary: our legal team supported the acquisition

We played a significant role in the latest acquisition of Budapest Stock Exchange listed AutoWallis: we acted as legal advisors to Wallis Autómegosztó Zrt. and its majority shareholder Wallis Asset Management Zrt. in the legal preparational work for the acquisition of Share Now Hungary.

In addition, our colleagues with several years of transactional experience assisted AutoWallis in corporate and capital markets law matters from the preparation to the closing of the transaction and post-closing tasks. The team was led by dr. Martin Gortva.